Asian Dividend Gems: Giordano International

752 Views21 Oct 2023 00:19
  • Giordano, one of the most recognizable apparel business in Asia, has been improving its operations materially with solid growth in sales and profits.
  • Giordano provides very high dividend yield and payout. The consensus expects DPS of HKD 0.28 for Giordano in 2023, which would suggest a dividend yield of 12.8%.
  • We like the company's high dividend yield, loyal customer base, and attractive valuations. It is trading at EV/EBITDA of 3.6x and P/B of 1.5x.
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
  • Unlock all research summaries
  • Follow top, independent analysts
  • Receive personalised alerts and emails
  • Access Briefings, Analytics, and Events

Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.

Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.

Already have an account? Sign In Now
(Paid Plans Only)
Top 5%
Douglas Kim
Korea/Asia, Events, IPOs/Douglas Research Advisory
South KoreaEquity Bottom-UpEquity Capital Markets