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3 Companies That You Need to Own Before Today to Receive Dividends

Pay There are a few companies that are going Ex-Dividend today, i.e. you need to own them before 22 nd August 2013 in order to receive their dividends. Let’s take a look at three of them.

1. Challenger Technologies Limited (SGX: 573), a retailer of IT products in Singapore and Malaysia, is handing out 1.10 Singapore cents per ordinary share for second quarter of 2013 (2Q 2013). This represents a 44.5% dividend payout ratio, based on the earnings per share (EPS) of 2.47 Singapore cents for first-half of 2013 (1H 2013). In 2Q 2012, lower dividends of 1.0 Singapore cents per share was paid out.

 For 1H 2013, Challenger saw its revenue rise by 22% to $192.9 million due to higher contribution from the IT products and services business segment in Singapore. The net profit go up by 17% to $8.7 million.

 The company is trading at a price-to-earnings (PE) ratio of 12, based on the EPS of Financial Year (FY) 2012.

 2. The next company to be featured is Hong Leong Finance Limited (SGX: S41), Singapore’s largest finance company with a distribution network of 28 branches. It is giving 4.0 Singapore cents per ordinary share for 2Q 2013. This represents a 27.1% dividend payout ratio, based on an annualised EPS of 14.78 Singapore cents. In 2Q 2012, same amount of dividends was paid out.

The revenue for 1H 2013 increased 50.8% to $90.3 million and the net profit was up 3.9% to $32.7 million, over 1H 2012.

Hong Leong Finance is trading at a price-to-book (PB) ratio of 0.7, based on the net asset value of 30th June 2013.

 3. Last but not least, one of the world’s major manufacturers and suppliers of cocoa ingredients, Petra Foods Limited (SGX: P34) is dishing out 2.98 Singapore cents (or 2.36 US cents) per ordinary share for 2Q 2013. This represents a 50% dividend payout ratio, based on the EPS from continuing operations of 4.72 US cents for 1H 2013. In 2Q 2012, 2.63 Singapore cents per ordinary share of dividends was paid out.

 The revenue for 1H 2013 was up 5.6% to US$253.0 million and the net profit from continuing operations was up at US$28.9 million, an increase of 13.3%.

 Petra is trading at a price-to-earnings (PE) ratio of 72, based on the EPS FY 2012.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice.  Motley Fool Singapore contributor Sudhan P owns shares in Challenger Technologies Limited.