The company plans to pay 0.5 cent each in final and special dividend, bringing its FY2026 total to 1.25 cents, adjusted for 1-for-1 bonus issue. This gives a payout ratio of 54% and an "attractive" 6.3% yield.
Linus Loo and Chan En Jie of Lim & Tan Securities have maintained their "buy" call on Reclaims Global following its FY2026 earnings that came largely in-line with their expectations.
Revenue for the year was up 5% y-o-y to $46.5 million from stronger market demand for its excavation services and logistics & leasing segments. Net profit for FY2026 came in at $6.8 million, an increase of 23% y-o-y, with a one-off gain of $0.7 million from selling its former headquarters.
