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

1. Monday, 27 April 2015

Today, the largest real estate investment trust (REIT) in Singapore, CapitaMall Trust (SGX: C38U), will be going ex-dividend. The REIT owns a total of 16 shopping malls in Singapore such as Bugis+IMM Building, and Plaza Singapura.

CapitaMall Trust is paying out a distribution of 2.68 Singapore cents per unit for its fiscal first-quarter (the three months ended 31 March 2015). For the the quarter, CapitaMall Trust saw its gross revenue grow 1.6% year-on-year to S$167.3 million while its net property income (NPI) went up 3% to S$117.7 million.

Units of the trust closed at S$2.27 last Friday. They are trading at a historical price-to-book ratio of 1.3 and have a distribution yield of 4.8% (based on the distributions over the last 12 months).

2. Tuesday, 28 April 2015

Frasers Centrepoint Trust (SGX: J69U), which is a retail REIT just like CapitaMall Trust, will be going ex-dividend on Tuesday.

The REIT, an owner of six suburban retail malls, is dishing out 2.963 Singapore cents per unit for its fiscal second-quarter (the three months ended 31 March 2015).

For the quarter, Frasers Centrepoint Trust’s gross revenue jumped by 15.9% to S$47.5 million compared to a year ago; meanwhile, its NPI had climbed by 14.4% to S$33.5 million.

Frasers Centrepoint Trust’s units last exchanged hands at S$2.15 each last Friday. The trust is now trading at 1.2 times its historical book value and sports a distribution yield of 5.4% (based on its distributions over the last 12 months).

3. Thursday, 30 April 2015

A day before the Labour Day holiday on 1 May, the world’s second largest transport operator, ComfortDelgro Corporation Limited (SGX: C52), will be going ex-dividend.

The company is giving out 4.5 Singapore cents per ordinary share for its fiscal fourth-quarter (the three months ended 31 December 2014).  For the year ended 31 December 2014, ComfortDelGro enjoyed a 8.1% increase in revenue to S$4.05 billion. The top-line growth managed to flow through as the firm’s bottom-line climbed 7.7% to S$283.5 million.

The transport outfit last traded at S$3.06 last Friday. At that price, ComfortDelGro has a trailing price-to-earnings (PE) ratio of 23 and a dividend yield of 2.7% (based on the firm’s annual dividend of 8.25 cents per share in 2014).

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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.