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3 Companies Paying Dividends This Week

There 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 during the week so as to receive their dividends. Let’s take a look at three of them.

1. Monday, 21st April 2014

First REIT (SGX: AW9U), Singapore’s first healthcare-related real estate investment trust, will be going ex-dividend today.

It is paying out a distribution of 1.99 Singapore cents per unit for the first quarter of 2014. Gross revenue for the latest quarter surged 28.3% year-on-year to S$22.5 million, while net property income ballooned 29.6% to S$22.2 million.

The units closed at S$1.14 on Thursday. Currently, it carries a price-to-book ratio of 1.2 and a distribution yield of 7%.

2. Wednesday, 23rd April 2014

Cambridge Industrial Trust (SGX: J91U), which owns 48 industrial properties located all over our city-state, will be going ex-dividend on Wednesday.

It is dishing out 1.251 Singapore cents per unit for the latest quarter. It saw its gross revenue dip 5.1% year-on-year to S$23.5 million and net property income decline by 11.1% to S$19 million.

At Thursday’s closing price of S$0.73, the trust is trading at a PB ratio of 1 and has a distribution yield similar to First REIT.

3. Friday, 25th April 2014

Sembcorp Marine (SGX: S51) will be going ex-dividend on Friday. The ubiquitous marine engineering firm provides services such as ship repair, shipbuilding, ship conversion and rig building to various blue-chip oil and gas companies around the world.

Sembcorp Marine is giving out 8.0 Singapore cents per ordinary share – comprising of 6.0 Singapore cents as final dividends and 2.0 Singapore cents as special dividends – for the last quarter of 2013. For the whole of 2013, the firm had reported a revenue increase of 24.7% year-on-year to S$5.5 billion and net profit growth of 3.2% to S$555.7 million.

Sembcorp Marine’s shares last traded at S$4.10 on Thursday, giving it a price-to-earnings (PE) ratio of close to 15 and a dividend yield of 3%.

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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.