3 Companies Paying Dividends This Week

dividends bag of cash money

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, 4 August 2014

Starhill Global Real Estate Investment Trust (SGX: P40U) will be going ex-dividend today. It has retail and office assets in Singapore, Malaysia, Australia, China, and Japan. The bulk of its assets however (some 71% as of 30 June 2014), are concentrated in Singapore.

Starhill Global REIT is paying 1.25 Singapore cents per unit for its second quarter.

The REIT closed at S$0.83 last Friday and it is trading at a historical price-to-book (PB) ratio of 0.9. Its distribution yield stands at around 6%.

2. Wednesday, 6 August 2014

Telecommunications operator M1 Ltd (SGX: B2F) is slated to go ex-dividend on Wednesday.

It is dishing out S$0.07 per ordinary share for the second quarter of 2014. The telco’s quarterly revenue had fallen by 2% year-on-year to S$239.7 million due mainly to lower handset sales. However, its net profit grew 12.1% to S$43.9 million on the back of better control of operating expenses due to lower cost of sales.

M1’s shares last exchanged hands at $3.72 last Friday. The company is trading at 21 times trailing earnings and sports a dividend yield of close to 4%.

1. Friday, 8 August 2014

Singapore’s National Day falls on 9 August every year. For this year though, Sheng Siong Group Ltd (SGX: OV8) will be presenting its shareholders with a dividend-gift on 8 August by going ex-dividend.

The supermarket chain is giving out S$0.015 per ordinary share for the second quarter of 2014.

Shares of Sheng Siong closed at $0.70 last Friday. It is trading at a historical PE ratio of 22.4 and has a dividend yield of 4.1%.

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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.