3 Companies Paying Dividends This Week

Money tree 2There are a few companies that are slated 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. Tuesday, 4th February 2014

A hospitality real estate investment trust (REIT), CDL Hospitality Trusts (SGX: J85), that owns 12 hotels and one resort in Singapore, New Zealand, Australia and Maldives, will be going ex-dividend on Tuesday.

It is paying a distribution 5.56 Singapore cents per unit for the period from 1st July to 31st December 2013 (second half of 2013).

The units closed at $1.605 on Thursday. It is trading at a historical price-to-book (PB) ratio of 0.98 and spots a distribution yield of 6.84%.

2. Tuesday, 4th February 2014

Frasers Centrepoint Limited (SGX: TQ5), which is involved in property development, investment and management of commercial property, serviced residences and property trusts, is pencilled in to go ex-dividend on Tuesday as well.

It is dishing out 1.7 Singapore cents per ordinary share.

The shares exchanged hands at $1.495 on Thursday. The company is trading at a historical PE of close to 6.

3. Wednesday, 5th February 2014

CapitaRetail China Trust (SGX: AU8U) will be going ex-dividend on Wednesday. The REIT owns 10 shopping malls in various parts of China.

It is giving out 4.33 Singapore cents per unit for the period from 1st July to 31st December 2013 (second half of 2013).

The REIT closed at $1.32 on Thursday, trading at a historical PB ratio of 0.89 and having a distribution yield of 6.8%.

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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.