3 Companies Paying Dividends This Week

CoinsThere are a few companies that will be going ex-dividend this week. In other words, you need to own them before a specific date to qualify for their dividends. Here are three of them.


Monday, 21 October 2013

Keppel REIT (SGX: K71U), owner of 10 office properties strategically located in the central business districts of Singapore, and the key cities of Sydney, Melbourne, Brisbane and Perth in Australia, will be going ex-dividend on Monday.

It is paying 1.24 Singapore cents per ordinary share. An advanced distribution of 0.73 Singapore cents per ordinary share was already paid out on 20 September 2013.

In the third quarter Keppel REIT saw its net property income increase 6.8% to S$34m. Distribution per unit (DPU) went up 0.5% to 1.97 Singapore cents as compared to last year.

The shares closed at $1.235 on Friday and they are trading at a historical price-to-book of around one.

Thursday, 24 October 2013

Cordlife Group Limited (SGX: P8A), a provider of umbilical cord blood and tissue banking with operations in Singapore, Hong Kong, India, Indonesia and The Philippines, will be going ex-dividend on Thursday.

It is dishing out one Singapore cent per ordinary share for the fourth quarter.

Last year, Cordlife saw revenues increase 14.6% to S$34.7 million. The full-year profit jumped 95.7% to $13.5m

The shares currently cost around $1.215. They are trading at a historical price-to-earnings (PE) ratio of 24.

Friday, 25 October 2013

ASL Marine Holdings Limited (SGX: A04) will be going ex-dividend on Friday. ASL Marine provides services in shipbuilding, ship repair and ship chartering to customers in the Asia Pacific, South Asia, the Middle East, and Europe

It is paying out 2.0 Singapore cents per ordinary share for the fourth quarter.

For the latest financial year, revenue of S$465m was 19% higher than the previous year. Net profit grew 83.3% to S$15.2m.

At S$0.655, ASL Marine is trading at a PB ratio of 0.69 and a PE of 6.1.

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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 doesn’t own shares in any companies mentioned.