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3 Companies Paying Dividends in the Days Ahead

There are a few companies that will be going ex-dividend in the next few days of the week. Investors who want to receive dividends from those companies will need to own them before a specific date this week. Let’s take a look at three such companies.

1. Thursday, 13 August 2015

Offshore engineering outfit SembCorp Marine Ltd (SGX: S51) will be going ex-dividend on Thursday. The firm is a blue chip stock by virtue of it being part of Singapore’s market barometer the Straits Times Index  (SGX: ^STI).

SembCorp Marine will be giving out S$0.04 per share in dividends for its fiscal second-quarter.

For the three months ended 30 June 2015, SembCorp Marine’s revenue fell 10% year-on-year to S$1.21 billion while its net profit slumped by 17% to S$136 million. There are no prizes for guessing the reason for the poor performance – the freefall in oil prices which happened in late 2014 has caused many businesses involved in the oil and gas sector to suffer, SembCorp Marine included.

Investors may also want to note that SembCorp Marine’s demand-picture does not look too bright with its net orderbook falling from $12.7 billion at end-June 2014 to $10.9 billion at end-June 2015.

SembCorp Marine’s shares closed at S$2.64 yesterday. At that price, it has a historical price-to-earnings (PE) ratio of close to 10.

2. Thursday, 13 August 2015

The aptly-named Singapore-based construction outfit Soilbuild Construction Group Ltd (SGX: S7P) will also be going ex-dividend on the same day as SembCorp Marine.

The firm, which has a 38-year track record in the industry, is dishing out 0.5 Singapore cents per ordinary share for its fiscal second-quarter ended 30 June 2015.

For the quarter, Soilbuild’s sales had surged by 20.5% year-on-year to S$81.6 million on the back of progressive revenue contributions from certain projects. Consequently, net profit stepped up slightly by 5.5% from S$5.2 million a year back to S$5.5 million in in the reporting quarter.

At Soilbuild’s closing price of S$0.26 yesterday, it’s valued at 8 times its historical earnings.

3. Friday, 14 August 2015

On Friday, Tat Hong Holdings Limited  (SGX: T03), a supplier of cranes and heavy equipment to a wide range of industries, will be going ex-dividend.

The company is paying out S$0.01 per ordinary share for its fiscal fourth-quarter ended 31 March 2015.

For the year through 31 March 2015, Tat Hong’s revenue had slipped by 11% year-on-year to S$608.6 million. All of the firm’s business divisions, with the exception of the Tower Crane Rental division, had clocked in unconvincing performances.

Tat Hong’s bottom-line fared way worse with its net profit plunging by 85% to S$4.9 million. The company had suffered from impairments in goodwill and assets in the year and had also lacked one-off gains that occurred in the prior year.

Shares of the firm closed at S$0.52 yesterday and are valued at 64 times their trailing earnings.

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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.