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15 highest yield stock oh 15 highest yield stock

Which one you like???

In this unstable market, better look at high dividend yield stock.


I personally like PARAMOUNT. WHY????

Special dividend (about 29 cents, market capital 807 million divide by RM 1.33 = 607 share, 177 million/ 607 share = 29 cents) + normal dividend coming. ( expect 4 cents enought, last year 4Q announce 6 cents)

About 33 cents / 1.33 = 25 % return in 1 year, not bad!!! ( Buy at own RISK)

How I know???

PETALING JAYA: Paramount Corp Bhd is selling controlling stakes in three subsidiaries to Two Horses Capital Sdn Bhd (THC) for an indicative cash consideration of RM540.5 million.

Following the disposal, it will pay RM177 million by way of special dividend to shareholders.


KUALA LUMPUR (June 20): Paramount Corp Bhd is to divest its controlling stake in its K-12 education business for an indicative RM540.5 million in cash, and intends to distribute RM177 million from proceeds of the sale as special cash dividend.
In a bourse filing today, the group said it was selling majority stakes in Paramount Education Sdn Bhd (PESB), Paramount Education (Klang) Sdn Bhd (PEKSB) and Sri KDU Sdn Bhd (Sri KDU) to Two Horses Capital Sdn Bhd (THC).
In particular, Paramount will be selling 69.7% or 130.34 million ordinary shares in PESB, 80% or 800,000 shares in PEKSB, and 80% or 1.8 million shares in Sri KDU.
The sale is expected to result in a pro forma gain of RM487.81 million — improving earnings per share (EPS) by RM1.10, with the group distributing RM177 million of the proceeds as dividends to shareholders within six months from the completion of the agreement.
RM150 million will be used to acquire new property for its landbank within two years of the agreement; RM133.65 million will be used to repay borrowings, within six months of the agreement; RM57.85 million will be used as working capital, to be utilised within a year; and RM22 million will be for expenses associated with the sale, to be paid within three months from the completion of the agreement.

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