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3 Companies Paying Dividends This Week

Credit: Simon Cunningham

There are a few companies that will be going 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 zoom in on three of them.

1. Tuesday, 11 November 2014

Starhub Ltd. (SGX: CC3), one of the major telecommunications operators in Singapore, will be going ex-dividend on Tuesday.

It is paying 5.0 Singapore cents per share for its third quarter. In the three months ended 30 September 2014, Starhub’s revenue went up 2.3% to S$592 million and net profit attributable to shareholders increased 2.6% to S$97.7 million. The top-line growth was mainly due to an increase in handset sales, all thanks to the newly-launched iPhone 6 and iPhone 6 Plus.

Starhub’s shares closed at S$4.13 on Friday and is trading at a historical price-to-earnings (PE) ratio of 20. Its dividend yield is at 4.8%.

2. Thursday, 13 November 2014

SIA Engineering Company Limited (SGX: S59) – an aircraft maintenance, repair, and overhaul firm – is slated to go ex-dividend on Thursday.

It is dishing out 6.0 Singapore cents per share for its rather disappointing second quarter. The aero-engineer’s quarterly revenue declined 3% year-on-year to $285.2 million while its bottom line slumped 41% to S$42.1 million. Revenue was dragged down due to a slowdown in its airframe and component overhaul business.

SIA Engineering’s shares last exchanged hands at S$4.29 on Friday. The company is trading at 22 times its historical earnings and is sporting a dividend yield of around 4% at that price.

3. Friday, 14 November 2014

Japan Foods Holding Ltd (SGX: 5OI) will be going ex-dividend on Friday. The firm is a Japanese restaurant-chain owner which operates the popular Ajisen Ramen brand of outlets, amongst others.

The Japanese cuisine purveyor is giving out 0.73 Singapore cents per share for the first half of its financial year. During that period, Japan Foods experienced a 0.8% increase in sales to S$31.2 million but net profit slipped 52% to S$1.8 million on the back of higher selling and distribution expenses as compared to the previous year. A labour crunch in the food & beverage retail scene had been part of the cause for the higher costs.

The company closed at $0.55 on Friday. At that price, it  is trading at a historical PE ratio of 13 and has a dividend yield of 3.2%.

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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.