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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 this week in order to receive their dividends. Let’s take a look at three of them.

1. Monday, 28 April 2014

On Monday, conglomerate Sembcorp Industries (SGX: U96), will be going ex-dividend. It is a leading energy, water and marine group which has operations in six continents all over the world.

The firm is paying a total of 17.0 Singapore cents per ordinary share in dividends  – including 2 Singapore cents of special dividends – for the fourth quarter. For the whole of 2013, Sembcorp saw revenue grow 6% year-on-year to S$10.8 billion while net profits increased 9% to S$820.4 million.

Sembcorp’s shares closed at $5.55 on Friday, valuing it at a historical price/earnings (PE) ratio of 12. It sports a dividend yield of 2.7%. Sembcorp will be releasing its first quarter results on 6th May 2014.

2. Wednesday, 30 April 2014

Property giant City Developments (SGX: C09) is pencilled in to go ex-dividend on Wednesday. It is a worldwide property and hotel group involved in real estate development and investment, hotel ownership and management, facilities management, and the provision of hospitality solutions.

City Developments is dishing out 8.0 Singapore cents per share for the fourth quarter. For the full year, it saw a 5.7% year-on-year decrease in revenue to S$3.2 billion while net profit had a 0.7% uptick to S$683 million.

Last trading at S$11 each on Friday, shares of City Developments are valued at a historical price-to-book ratio of 1.3 and have a dividend yield of 0.7%.

3. Friday, 2 May 2014

Last but not least, ComfortDelGro Corporation (SGX: C52), one of the largest land transport companies in the world, will be going ex-dividend on Friday. Operating in seven countries, its businesses include bus, taxi, rail, car rental & leasing, automotive engineering services, testing services, driving centre, insurance broking services, outdoor advertising and car dealership.

It is paying out 4.0 Singapore cents per share for the fourth quarter.  For the full year, it clocked revenue of S$3.8 billion and net profit of S$263 million, both up 5.7% year-on-year.

ComfortDelGro’s shares currently carry a trailing PE ratio of 17 and offer a dividend yield of 3.3%. Shares of the transport outfit last closed at S$2.10 each on Friday.

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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.