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2 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 take a look at two of them.

1. Tuesday, 4 November 2014

Traditional Chinese Medicine outfit Eu Yan Sang International Ltd. (SGX: E02) is pencilled in to go ex-dividend today.

It is dishing out 2.2 Singapore cents per ordinary share for its fourth quarter for the financial year ended 30 June 2014 (FY2014). In that year, Eu Yan Sang’s top-line grew 12% to S$366.3 million as a result of strong performance in Hong Kong, Malaysia, and Australia. The revenue increase actually marked the company’s 14th consecutive year of record sales since it went public in 2000.

However, Eu Yan Sang’s top-line growth didn’t benefit its investors much as net profit declined 17% to S$15 million due to higher interest expenses and lower fair value gain on revaluation of investment properties as compared to the previous year.

Eu Yan Sang last exchanged hands at $0.76 yesterday. The company is trading at 22 times its historical earnings and is sporting a dividend yield of 2.9% at that price.

2. Friday, 7 November 2014

Silverlake Axis Ltd (SGX: 5CP) will be going ex-dividend on Friday. The company is a banking software technology provider.

It is giving out 1.8 Singapore cents per ordinary share in dividends for its fourth quarter (similar to Eu Yan Sang, Silverlake Axis has a financial year which ends on 30 June). Of the dividends to be paid, 0.6 Singapore cents are considered to be a special dividend.

For FY2014,  Silverlake Axis had experienced healthy increases in both top- and bottom-line as revenue and net profit spiked by 26% and 27% to a record RM500.7 million and RM248.9 million respectively.

The company closed at $1.35 yesterday. At that price, It is trading at a historical PE ratio of 32 and has a dividend yield of 2.9%.

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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 writer Chong Ser Jing does not own shares in any companies mentioned.