3 Companies Paying Dividends This Week

There are a few companies 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. Here are three of them.

  1. Monday, 4 May 2015

The largest private group practice in Singapore, Raffles Medical Group Ltd (SGX: R01), or RMG, will be going ex-dividend on Monday.

The company is paying 4.0 Singapore cents per ordinary share for the fourth quarter.

For the financial year ended 31 December 2014, RMG saw a 9.9% year-on-year rise in revenue to S$374.6m, due to revenue growth in all its divisions. However, its net profit declined some 20% to S$68m. The poor showing on the bottom line was due to a lack of one-off gain from the disposal of a subsidiary in the latest year as compared to the previous one.

The medical outfit closed at S$4.03 on Thursday. It is trading at a historical price-to-earnings (PE) ratio of 34. Its dividend yield stands at 1.4%, currently.

  1. Tuesday, 5 May 2015

The key newspaper publisher in our country, Singapore Press Holdings Limited (SGX: T39), is slated to go ex-dividend on Tuesday.

It is dishing out 7.0 Singapore cents per ordinary share for the second quarter.

Revenue for the quarter was at S$270.3m, which is 3% lower year-on-year. The fall in top line was mainly due to a decline in the media business after advertisement and circulation revenue came down. The bottom line did not perform well either, tumbling 14.4% to S$69.6 million.

The shares last changed hands at $4.19 on Thursday. The company is trading at 17 times historical earnings and is sporting a dividend yield of close to 4%.

  1. Thursday, 7 May 2015

Sheng Siong Group (SGX: OV8), a major supermarket chain, will be going ex-dividend on Thursday.

It is giving out 1.5 Singapore cents per ordinary share for the fourth quarter.

For the full year ended 31 December 2014, revenue increased 5.6% year-on-year to S$726m due to sales growth in both new and existing stores. The growth in top line trickled down to the bottom line as net profit went up 22.3% to S$47.6m.

Shares of Sheng Siong closed at $0.84 on Thursday. It is now trading at a historical PE ratio of 27 and has a dividend yield of 3.6%.

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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.