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3 Companies Paying Dividends Next Week

Credit: Simon Cunningham

There are a few companies that are slated to go ex-dividend in the upcoming 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 a look into three such shares.

1. Monday, 29 December 2014

Luxury health and wellness outfit OSIM International Ltd. (SGX: O23) will be going ex-dividend next Monday.

It is paying out a dividend of 1.0 Singapore cent per share for the third quarter of its fiscal year.

For the three months ended 30 September 2014, OSIM’s top line increased by 3% year-on-year to S$158 million but net profit declined by 28% to S$16 million. Prior to the latest reported quarter, Osim had seen 22 consecutive quarters of record profit.

Shares of OSIM closed at S$1.995 on Friday and they are trading at a historical price-to-earnings (PE) ratio of 15. The dividend yield is at 2.8%.

2. Tuesday, 30 December 2014

HupSteel Limited (SGX: H73), a steel supplier and stockist, is pencilled in to go ex-dividend next Tuesday.

The firm is dishing out 1.0 Singapore cent per ordinary share for its first quarter, which saw revenue plunge 33% year-on-year to S$22 million while profit actually improved by 4% to S$739,000.

The huge top-line decline was due to “weak demand for steel plates mainly from its shipyard customers.” HupSteel foresees the demand for structural steel products, pipes, and fittings to remain weak due to lesser activities from regional markets and the year-end festive period.

HupSteel’s shares exchanged hands at S$0.205 on Friday. The company is trading at 35 times historical earnings and is sporting a dividend yield of close to 5%.

3. Friday, 2 January 2015

Palm oil producer Golden Agri-Resources Ltd (SGX: E5H) will be going ex-dividend next Friday.

The company, which is also part of the Straits Times Index (SGX: ^STI), is giving out 0.408 Singapore cents per ordinary share for its third quarter. For the quarter, Golden Agri saw total revenue growing by 17% year-on-year to US$1.8 billion but earnings plummeted 85.7% to US$4.4 million. It marked the firm’s worst quarterly results in more than a decade.

Golden Agri last traded at S$0.445 on Friday. It’s valued at a historical PE ratio of 17 and has a dividend yield of 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.