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

Credit: Simon Cunningham

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 look at three of them.

1. Monday, 8 September 2014

Popular Holdings Ltd. (SGX: P29), which publishes, distributes, and retails books for both the educational and general fiction markets, will be going ex-dividend today. On top of its books business, not many know that the firm is involved in property development as well.

It is paying 1.0 Singapore cents per share for the fourth quarter of its fiscal year ended 30 June 2014 (FY2014).

Revenue for FY2014 had increased by 5.3% year-on-year to $551.8 million on the back of growth in all its business divisions. Its biggest division, Retail & Distribution, saw turnover growth of 1.4% to $469.5 million, mainly due to increased revenue from new retail outlets, and a couple of one-off events such as BookFest@Malaysia 2013, Gadgets & Write Fair in Singapore, and BookFest@Singapore 2013. Net profit, however, dropped from S$23.3 million in FY2013 to S$10.6 million due to increased operating expenses.

Popular Holdings closed at $0.25 last Friday and it is trading at a historical price-to-earnings (PE) ratio of 19. Its dividend yield stands at 4%.

2. Thursday, 11 September 2014

Best World International Limited (SGX: 5ER) is slated to go ex-dividend on Thursday. The company became the first direct-selling outfit to go public in Singapore ten years ago. It develops, manufactures, and distributes premium skincare, personal care, nutritional, and wellness products.

The firm is dishing out 0.3 Singapore cents per ordinary share for the second quarter of 2014.

During the quarter, sales more than doubled to S$18.3 million on the back of higher contribution from the markets in Philippines, Taiwan and China. The bottom-line improved as a loss of S$0.4 million in the previous year had turned into a profit of S$0.8 million.

Shares of Best World International exchanged hands at $0.225 each last Friday. The company is trading at a historical PE ratio of 28.

3. Friday, 12 September 2014

Logistics company Poh Tiong Choon Logistics Ltd. (SGX: P01) will be going ex-dividend on Friday. According to its website, Poh Tiong Choon is “one of the largest transport provider in Asia logistics industry providing services relating to land transportation, warehousing, bulk cargo handling, container services, equipment renting, leasing and general contracting.”

The logistics outfit is handing out 0.5 Singapore cents per ordinary share for the second quarter of 2014.

For the quarter, revenue rose 6% year-on-year to S$30.8 million due to an increase in volume handled by the business divisions of 1) Transportation and Bulk Cargo; and 2) Warehousing. However, despite the growth in sales, earnings slumped by 28% to S$2.1 million, on the back of increased depreciation charges, employee compensation, upkeep of commercial vehicles, and other expenses.

Shares of the company closed at $0.75 last Friday. It is trading at a historical PE ratio of 15 and has a dividend yield of 3%.

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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.