SGX:D01Consumer Retailing
DFI Retail Group (SGX:D01) Is Up 19.2% After Boosting Dividends And Targeting Higher Returns - Has The Bull Case Changed?
Earlier this month, DFI Retail Group Holdings outlined a new three-year plan, lifting its dividend payout ratio from 60% to 70% from the final 2025 dividend, while targeting an underlying profit compound annual growth rate of 11–15% and a return on capital employed of at least 15% by 2028.
The group also plans to accelerate Health & Beauty and Convenience store growth via a capital-light franchise model and increase its online sales mix to 7–10%, signalling a stronger focus on asset...