Latest news with #SBSTransitLtd
The Sun
4 days ago
- The Sun
Bus Staff in Singapore Return S$10,000 Cash Within an Hour
A heartwarming display of integrity and efficiency unfolded on Singapore's public transport system when dedicated transit workers reunited a distressed commuter with his lost bag containing S$10,000 (RM32,942) in cash within just 60 minutes. In a Facebook post by SBS Transit Ltd, the remarkable story began when a panicked passenger contacted Tampines Interchange after realising he had accidentally left his valuable bag aboard SBS Transit's Route 39 service. What followed showcased the exceptional dedication of Singapore's public transport personnel. Assistant Interchange Supervisor Choong Seong Kuong demonstrated outstanding leadership when he took the emergency call that Sunday afternoon (June 1). Recognising the critical nature of the situation, he immediately mobilised the Operations Control Centre to locate the specific bus travelling between Yishun and Tampines. The coordinated response proved highly effective as the team successfully contacted bus captain Dong Depeng, who was operating the vehicle at the time. Dong's thorough search revealed the bag remained completely secure and untampered with throughout the journey. The seamless handover occurred when Dong delivered the bag directly to Choong at the interchange, completing the recovery mission in record time. The passenger's relief was palpable as he praised the staff for their exceptional sense of responsibility and professional conduct. Despite receiving well-deserved recognition from SBS Transit for their quick thinking and unwavering integrity, Choong remained remarkably humble about the team's actions. He emphasised that protecting passengers comes naturally to them, stating it's simply part of doing what's morally right. This incident beautifully illustrates how Singapore's transport workers go above and beyond their basic duties, creating a culture of trust and reliability that passengers can depend on. The story serves as an inspiring reminder of how individual integrity and teamwork can make a profound difference in people's lives.
The Sun
4 days ago
- The Sun
Singapore bus staff's swift action returns S$10,000 to grateful passenger
A heartwarming display of integrity and efficiency unfolded on Singapore's public transport system when dedicated transit workers reunited a distressed commuter with his lost bag containing S$10,000 (RM32,942) in cash within just 60 minutes. In a Facebook post by SBS Transit Ltd, the remarkable story began when a panicked passenger contacted Tampines Interchange after realising he had accidentally left his valuable bag aboard SBS Transit's Route 39 service. What followed showcased the exceptional dedication of Singapore's public transport personnel. Assistant Interchange Supervisor Choong Seong Kuong demonstrated outstanding leadership when he took the emergency call that Sunday afternoon (June 1). Recognising the critical nature of the situation, he immediately mobilised the Operations Control Centre to locate the specific bus travelling between Yishun and Tampines. The coordinated response proved highly effective as the team successfully contacted bus captain Dong Depeng, who was operating the vehicle at the time. Dong's thorough search revealed the bag remained completely secure and untampered with throughout the journey. The seamless handover occurred when Dong delivered the bag directly to Choong at the interchange, completing the recovery mission in record time. The passenger's relief was palpable as he praised the staff for their exceptional sense of responsibility and professional conduct. Despite receiving well-deserved recognition from SBS Transit for their quick thinking and unwavering integrity, Choong remained remarkably humble about the team's actions. He emphasised that protecting passengers comes naturally to them, stating it's simply part of doing what's morally right. This incident beautifully illustrates how Singapore's transport workers go above and beyond their basic duties, creating a culture of trust and reliability that passengers can depend on. The story serves as an inspiring reminder of how individual integrity and teamwork can make a profound difference in people's lives.
Yahoo
29-05-2025
- Business
- Yahoo
Investors in SBS Transit (SGX:S61) have seen returns of 22% over the past year
On average, over time, stock markets tend to rise higher. This makes investing attractive. But not every stock you buy will perform as well as the overall market. Unfortunately for shareholders, while the SBS Transit Ltd (SGX:S61) share price is up 10% in the last year, that falls short of the market return. On the other hand, longer term shareholders have had a tougher run, with the stock falling 2.8% in three years. Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During the last year SBS Transit grew its earnings per share (EPS) by 0.9%. The share price gain of 10% certainly outpaced the EPS growth. This indicates that the market is now more optimistic about the stock. The image below shows how EPS has tracked over time (if you click on the image you can see greater detail). It might be well worthwhile taking a look at our free report on SBS Transit's earnings, revenue and cash flow. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of SBS Transit, it has a TSR of 22% for the last 1 year. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return. SBS Transit shareholders have received returns of 22% over twelve months (even including dividends), which isn't far from the general market return. That gain looks pretty satisfying, and it is even better than the five-year TSR of 3% per year. Even if the share price growth slows down from here, there's a good chance that this is business worth watching in the long term. It's always interesting to track share price performance over the longer term. But to understand SBS Transit better, we need to consider many other factors. For example, we've discovered 2 warning signs for SBS Transit (1 shouldn't be ignored!) that you should be aware of before investing here. For those who like to find winning investments this free list of undervalued companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Singaporean exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
29-04-2025
- Business
- Yahoo
Here's Why We're Wary Of Buying SBS Transit's (SGX:S61) For Its Upcoming Dividend
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see SBS Transit Ltd (SGX:S61) is about to trade ex-dividend in the next 2 days. The ex-dividend date is commonly two business days before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. This means that investors who purchase SBS Transit's shares on or after the 2nd of May will not receive the dividend, which will be paid on the 13th of May. The company's next dividend payment will be S$0.231 per share, on the back of last year when the company paid a total of S$0.11 to shareholders. Looking at the last 12 months of distributions, SBS Transit has a trailing yield of approximately 6.9% on its current stock price of S$2.94. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to investigate whether SBS Transit can afford its dividend, and if the dividend could grow. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. If a company pays out more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. It paid out 90% of its earnings as dividends last year, which is not unreasonable, but limits reinvestment in the business and leaves the dividend vulnerable to a business downturn. We'd be concerned if earnings began to decline. Yet cash flows are even more important than profits for assessing a dividend, so we need to see if the company generated enough cash to pay its distribution. SBS Transit paid out more free cash flow than it generated - 162%, to be precise - last year, which we think is concerningly high. It's hard to consistently pay out more cash than you generate without either borrowing or using company cash, so we'd wonder how the company justifies this payout level. SBS Transit does have a large net cash position on the balance sheet, which could fund large dividends for a time, if the company so chose. Still, smart investors know that it is better to assess dividends relative to the cash and profit generated by the business. Paying dividends out of cash on the balance sheet is not long-term sustainable. While SBS Transit's dividends were covered by the company's reported profits, cash is somewhat more important, so it's not great to see that the company didn't generate enough cash to pay its dividend. Were this to happen repeatedly, this would be a risk to SBS Transit's ability to maintain its dividend. Check out our latest analysis for SBS Transit Click here to see how much of its profit SBS Transit paid out over the last 12 months. Businesses with shrinking earnings are tricky from a dividend perspective. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. That's why it's not ideal to see SBS Transit's earnings per share have been shrinking at 2.9% a year over the previous five years. Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. SBS Transit has delivered an average of 25% per year annual increase in its dividend, based on the past 10 years of dividend payments. The only way to pay higher dividends when earnings are shrinking is either to pay out a larger percentage of profits, spend cash from the balance sheet, or borrow the money. SBS Transit is already paying out a high percentage of its income, so without earnings growth, we're doubtful of whether this dividend will grow much in the future. Should investors buy SBS Transit for the upcoming dividend? SBS Transit had an average payout ratio, but its free cash flow was lower and earnings per share have been declining. It's not an attractive combination from a dividend perspective, and we're inclined to pass on this one for the time being. Although, if you're still interested in SBS Transit and want to know more, you'll find it very useful to know what risks this stock faces. Every company has risks, and we've spotted 2 warning signs for SBS Transit (of which 1 is concerning!) you should know about. A common investing mistake is buying the first interesting stock you see. Here you can find a full list of high-yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
07-04-2025
- Business
- Yahoo
SBS Transit (SGX:S61) Has Announced That It Will Be Increasing Its Dividend To SGD0.231
SBS Transit Ltd (SGX:S61) will increase its dividend from last year's comparable payment on the 13th of May to SGD0.231. This makes the dividend yield 7.2%, which is above the industry average. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. Before making this announcement, SBS Transit was paying out quite a large proportion of both earnings and cash flow, with the dividend being 290% of cash flows. Paying out such a high proportion of cash flows can expose the business to needing to cut the dividend if the business runs into some challenges. EPS is set to fall by 2.9% over the next 12 months if recent trends continue. If the dividend continues along the path it has been on recently, the payout ratio in 12 months could be 147%, which is definitely a bit high to be sustainable going forward. Check out our latest analysis for SBS Transit While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. The annual payment during the last 10 years was SGD0.0215 in 2015, and the most recent fiscal year payment was SGD0.203. This means that it has been growing its distributions at 25% per annum over that time. It is great to see strong growth in the dividend payments, but cuts are concerning as it may indicate the payout policy is too ambitious. Given that the dividend has been cut in the past, we need to check if earnings are growing and if that might lead to stronger dividends in the future. In the last five years, SBS Transit's earnings per share has shrunk at approximately 2.9% per annum. Declining earnings will inevitably lead to the company paying a lower dividend in line with lower profits. In summary, while it's always good to see the dividend being raised, we don't think SBS Transit's payments are rock solid. The payments are bit high to be considered sustainable, and the track record isn't the best. We would be a touch cautious of relying on this stock primarily for the dividend income. Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. For example, we've identified 2 warning signs for SBS Transit (1 is significant!) that you should be aware of before investing. Is SBS Transit not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
