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3 Companies Paying Dividends This Week

Money treeThere are a few companies that will be going ex-dividend on this week. In other words, you need to own them before a specific date this week in order to  receive their dividends. Let’s take a look at three of them.

2. Monday, 28th October 2013

Mapletree Industrial Trust (SGX: ME8U), or MIT, which has a portfolio of 83 industrial properties in Singapore, including Flatted Factories, Business Park Buildings, Hi-Tech Buildings, Stack-up/Ramp-up Buildings and Light Industrial Buildings, will be going ex-dividend on Monday.

It is paying 2.47 Singapore cents per ordinary share for the second quarter.

For the first half of 2013, MIT posted a gross revenue gain of 9.9% to S$148.5 million year-on-year. The net property income rose 10% to S$106.5 million, the distributable income went up by 9.4% to S$81.3 million and the distribution per unit rose 7.7% to 4.90 Singapore cents.

The shares closed at $1.40 on Friday and it is trading at a historical price-to-book (PB) ratio of close to 1.26.

 2.  Tuesday, 29th October 2013

British & Malayan Trustees (SGX: B08), a one-stop provider of professional trustee and advisory services to individuals and corporations, will be going ex-dividend on Tuesday.

It is dishing out 2.7 Singapore cent per ordinary share for the fourth quarter of 2013.

For the full year 2013, the company posted a revenue increase of 22% year-on-year to S$4.0 million and the full year net profit plunged 49% to $546,000.

The shares exchanged hands at $4.70 on Friday and it is trading at a historical price-to-earnings (PE) ratio of 79.2.

 3. Friday, 1st November 2013

Qian Hu Corporation (SGX: 552) will be going ex-dividend on Friday. Qian Hu is a local ornamental fish service provider.

It is giving out 0.5 Singapore cents per ordinary share for third quarter of 2013 (3Q 2013).

3Q 2013 was a turnaround quarter for the fish business. The company announced profits of S$88,000 for the quarter, as compared to a loss in the previous year.

Qian Hu closed at $0.091 on Friday. It is trading at a historical price-to-sales (PS) ratio of 0.5.

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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.