3 Companies Paying Dividends This Week

dividends bag of cash moneyThere 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 delve into three of them.

1. Monday, 5th May 2014

Sarine Technologies Ltd (SGX: U77), which develops, manufactures, markets and sells precision technology products for the processing of diamonds and gemstones, will be going ex-dividend on Monday.

It is paying out a dividend of US$0.02 per ordinary share for the fourth quarter. For financial year 2013, the company saw a revenue growth of 19.8% year-on-year to US$76.37 million and a net profit of US$23.9 million, an increase of 15% over the previous year.

The shares closed at $2.66 on Friday, valuing the company at a historical price-to-earnings (PE) ratio of close to 30. Its dividend yield stands at 1.7%.

 2. Tuesday, 6th May 2014

Owner of eight hotels and four serviced apartments in our shores, Far East Hospitality Trust (SGX: Q5T), is pencilled to go ex-dividend on Tuesday.

It is dishing out 1.30 Singapore cents per unit for the first quarter. Gross revenue for the quarter climbed 9% year-on-year to S$30.7 million while net property income increased 6.3% to S$27.6 million.

The units last exchanged hands at $0.885 on Friday. The trust is trading at a historical price-to-book ratio of 0.9 and is sporting a distribution yield of around 6%.

 3. Friday, 9th May 2014

Super Group (SGX: S10) is scheduled to go ex-dividend on Friday. The firm is an integrated instant food and beverage brand owner.

It is giving out S$0.07 per ordinary share for the fourth quarter.  Super’s revenue increased 7% year-on-year for financial year of 2013 while net profit surged 26% to S$100 million.

The company closed at $3.49 on Friday. It is trading at a historical PE ratio of 19 and has a dividend yield of 2.6%.