Beshom seen to ‘sustain a high dividend’ yield

CGS-CIMB Research said in a report yesterday that the multilevel marketing and wholesaler of traditional healthcare products is expected to sustain its consistent dividend payout with earnings per share for FY22 to FY24 expected to grow at a compound annual rate of 12.1%.

PETALING JAYA: Beshom Holdings Bhd, formerly known as Hai-O Enterprise Bhd, is projected to sustain a high dividend yield of 5% to 8% from financial year 2022 (FY22) to FY24, backed by a solid earnings outlook and strong business model.

CGS-CIMB Research said in a report yesterday that the multilevel marketing and wholesaler of traditional healthcare products is expected to sustain its consistent dividend payout with earnings per share for FY22 to FY24 expected to grow at a compound annual rate of 12.1%.