3 Companies Paying Dividends This Week

Money tree There are a few companies that are pencilled in to go ex-dividend 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.

1. Monday, 11th November 2013

Ascendas India Trust (SGX: CY6U), which owns five IT Parks across the primary IT centres of India,  will be going ex-dividend on Monday.  It is paying 2.24 Singapore cents per ordinary share for the first half of 2014 (1H 2014).

 For the period, the trust posted a gross revenue of S$60.2 million, which was a 6% drop year-on-year. The income to be distributed grew 10% to S$20.5 million.

 The shares closed at $0.68 on Friday and it is trading at a price-to-book (PB) ratio of 1.2. The distribution yield stands at 6.6%.

2.  Tuesday, 12th November 2013

 Maker of once-famous Sound Blaster sound cards, Creative Technology (SGX: C76), is slated to go ex-dividend on Tuesday. It is dishing out 10.0 Singapore cents per ordinary share for the fourth quarter of 2013.

 For the full year 2013, the company saw a revenue decline of 13.8% year-on-year to US$165.3 million. However, the full year net profit grew to US$16.7 million, reversing losses of US$83.9 million seen in FY2012. The net profit turned positive for the year as the company booked some US$26.7 million gain on divestment of ZiiLABS Limited, which was partly acquired by Intel Corporation in November 2012 .

 The shares exchanged hands at $2.27 on Friday. The company is trading at a historical PE ratio of 7.6 and is sporting a dividend yield of 4.4%.

3.  Thursday, 14th November 2013

 Transport provider, SMRT Corporation (SGX: S53), will be going ex-dividend on Thursday. It is giving out 1.0 Singapore cent per ordinary share for second quarter of 2014.

 For the latest quarter, SMRT saw a revenue growth of 5.3% to S$296.3 million but the net profit plunged 56.8% to S$14.4 million.

 The company closed at $1.285 on Friday. It is trading at a historical PE ratio of 23.5 and has a dividend yield of 1.9%.

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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.