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StarHub Ltd. is One of the 3 Companies Paying Dividends This Week

dividends bag of cash money

There are a few companies slated to go ex-dividend this week. In other words, you need to own them before a specific date in the week so as to receive their dividends. Let’s look into three of them.

1. Monday, 11 August 2014

StarHub Ltd. (SGX: CC3), one of the three telecommunications operators in Singapore, will be going ex-dividend today.

It is paying out a dividend of S$0.05 per share for the second quarter of 2014. Starhub’s net profit of S$94.3 million for the quarter was 6.3% lower compared to a year ago.

The telco’s shares closed at S$4.13 on Friday and are trading at a historical price-to-earnings (PE) ratio of 19. It has a dividend yield of close to 5%.

2. Wednesday, 13 August 2014

One of the largest banks in Asia, DBS Group Holdings Ltd (SGX: D05), will be going ex-dividend two days after Starhub.

DBS is dishing out S$0.28 per share for the second quarter of 2014. It has been a good year for the bank so far, with its profit for the first half of the year climbing 9% to a record high S$2 billion.

DBS’s shares exchanged hands at S$17.81 on Friday. The company is trading at a historical price-to-book ratio of 1.2 and is sporting a dividend yield of around 3%.

3. Friday, 15 August 2014

SembCorp Industries Limited (SGX: U96), a major conglomerate with interests in the Utilities, Marine, and Urban Development sectors, will be going ex-dividend on Friday.

With profit growth of 6% to S$179 million in the first half of 2014, the conglomerate would be handing out interim dividends of S$0.05 per share; there wasn’t any interim dividend declared for the corresponding period a year ago.

Shares of the conglomerate last traded at S$5.28 on Friday. They are valued at a historical PE ratio of close to 12 and have a dividend yield of 2.81%.

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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.