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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 in the week so as to receive their dividends. Let’s take look into three of them.

1. Tuesday, 18 November 2014

Lippo Malls Indonesia Retail Trust (SGX: D5IU), which owns retail malls and retail spaces in Indonesia, will be going ex-dividend on Tuesday.

It is paying out a distribution of 0.69 Singapore cent per unit for the third quarter. Gross rental declined 9.6% to S$28.3 million, mainly due to the depreciation of Indonesian Rupiah against the Singapore Dollar.

The units closed at S$0.38 on Friday and they are trading at a historical price-to-book (PB) ratio of 0.92. The distribution yield is close to 7%.

2. Tuesday, 18 November 2014

Singapore Post Limited (SGX: S08) is pencilled in to go ex-dividend on Tuesday as well.

The firm is dishing out 1.25 Singapore cent per ordinary share for the second quarter. Revenue grew by 8.1% year-on-year to S$220.3 million while profit increased up by 5.5% year-on-year to S$37.6 million, mainly due to growth in the eCommerce related businesses.

The shares exchanged hands at S$1.945 on Friday. The company is trading at a historical price-to-earnings (PE) ratio of 29 and is sporting a dividend yield of 3%.

 3. Friday, 21 November 2014

Building material supplier, Hafary Holdings Ltd (SGX: 5VS),will be going ex-dividend on Friday. It sells tiles, stone, mosaic, wood flooring, and sanitary ware and fittings to public and private development projects alike.

The company is giving out 1.0 Singapore cent per ordinary share for the first quarter. Revenue went up by 15.1% year-on-year to S$27 million, mainly due to increase in sales from its Project segment, as a result of supplying tiles and building materials for several development projects. As a result, net profit surged 60% to S$3.2 million, as compared to the previous year.

The shares last traded at S$0.23 on Friday. It is trading at a historical PE ratio of 13 and has a dividend yield of 5.7%.

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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.