3 Companies Paying Dividends This Week

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 briefly look at three of them.

1. Tuesday, 23 September 2014

Health and wellness firm, OSIM International Ltd. (SGX: O23), will be going ex-dividend on Tuesday.

It is paying out 2.0 Singapore cents per share for the second quarter. Quarterly revenue grew 10% year-on-year to S$183 million while net profit increased 13% to S$30 million. The increase in turnover was due to higher consumer demand for wide range of products.

The shares last changed hands at S$2.67 on Friday. It is trading at a historical price-to-earnings (PE) ratio of 19 and spots a dividend yield of 2.3%.

2. Tuesday, 23 September 2014

On the same day as Osim, Shangri-La Asia Ltd (SGX: S07), is slated to go ex-dividend as well.

It is dishing out 6.0 Hong Kong cents per share for the first half of its financial year. For the six months ended 30 June 2014, net earnings, without including fair value gains of investment properties, was at US$35.8 million, a rise of 39% year-on-year.

The shares closed at HK$12.20 on Friday, trading at 0.8 times its book value. It has a dividend yield of less than 1%.

3. Friday, 26 September 2014

VibroPower Corporation Limited (SGX: 535) is pencilled in to go ex-dividend on Friday. The firm is involved in the design, manufacture, supply, installation, commissioning and servicing of generators.

It is giving out 0.12 Singapore cent per share for the second quarter. For the quarter, it saw a 15.3% year-on-year rise in revenue to S$16.3 million while net profit was at S$0.9 million, an increase from S$0.3 million last year.

The firm closed at S$0.055 on Friday, trading at a historical PE ratio of 18. It currently has a dividend yield of around 2%.

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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.