ComfortDelGro shares now trade at 5.5% dividend yield – good. If profits keep growing, I’m not surprised it could potentially hit 7% yield.
That said, I want to share an important observation with you.
~At S$3 billion market cap, ComfortDelGro is a transport monopoly in Singapore. It controls ~65% of the taxi market here.
Today, it’s also one of the biggest transport players in the world – with operations across Australia, UK and Europe. It operates rails, taxis and public buses.
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ComfortDelgro has been firing on all cylinders. It reported strong 1Q2025 financial results, Revenues grew 16% y/y and net profits rose ~19% y/y.
This was driven by better profit margins from its UK bus contracts, higher ridership…
