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Pan-United Corporation Ltd is One of the 3 Companies Paying Dividends This Week

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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 delve into three of them.

1. Monday, 18August 2014

The largest private medical group in Singapore, Raffles Medical Group Ltd. (SGX: R01), will be going ex-dividend on Monday.

It is paying out 1.5 Singapore cents per share for the second quarter of 2014. Quarterly revenue increased by 6.6% year-on-year to S$92.6 million while net profit saw growth of 8.5% to S$15.6 million.

The medical outfit closed at S$4.04 on Friday. It is trading at a historical price-to-earnings (PE) ratio of 26 and has a dividend yield of 1.4%.

2. Wednesday, 20 August 2014

Two days later, Dairy Farm International Holdings Ltd (SGX: D01), a leading pan-Asian retailer with over 5,800 outlets worldwide, is pencilled in to go ex-dividend.

It is dishing out 6.5 US cents per share for the first half of the year. Compared to a year ago, revenue for the six months ended 30 June 2014 increased by 5% to US$6.3 billion on the back of growth in all its four business divisions of food, health and beauty, home furnishings, and restaurants. Consequently, the bottom line nudged up by 2% to US$234 million.

Dairy Farm shares last changed hands at US$10.39. This translates to historical PE ratio of 28 and a dividend yield of 2.2%.

3. Thursday, 21 August 2014

On Thursday, Pan-United Corporation Ltd (SGX: P52) will be going ex-dividend. The firm provides basic building materials like cement and ready-mixed concrete to the construction industry and is also involved in the shipping and logistics sectors.

It is giving out 1.50 Singapore cents per share for the first half of 2014. Revenue rose 3% year-on-year to S$366 million, mainly due to better cargo throughput and higher trading activities in the shipping division. Net earnings was flat at S$20.3 million, partly due to an increase in raw material, staff, and finance costs.

Pan-United closed at S$1.035 on Friday. It is selling at 13 times its historical earnings 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.