3 Stocks Paying Dividends on Tuesday

There are a few stocks that are slated to go ex-dividend on Tuesday. Let’s focus on three of them.

1. CapitaLand Commercial Trust  (SGX: C61U)

CapitaLand Commercial Trust is a real estate investment trust (REIT) that invests in commercial properties mainly in Singapore. Some of its assets include Twenty AnsonHSBC Building and One George Street. The REIT happens to be the largest commercial REIT by market capitalisation listed here.

The REIT is paying out a distribution of 4.31 Singapore cents for the period from 1 July 2015 to 31 December 2015 (the second-half of 2015). In that period, the REIT’s gross revenue was at S$136 million while its net property income came in at S$105 million. You can read the REIT’s earnings for its fiscal third-quarter here and for the fourth-quarter here.

CapitaLand Commercial Trust’s Manager commented in the latest earnings release that the REIT is expected to “continue to face headwinds in the Singapore office market” but that it is “well positioned” and “will persist in maintaining its high and above-market occupancy rate as well as robust balance sheet.”

Units of CapitaLand Commercial Trust last changed hands at $1.31 last Friday. It is going at a historical price-to-book (PB) ratio of 0.76 and sports a distribution yield of 6.6%.

2. Frasers Commercial Trust  (SGX: ND8U)

Another commercial REIT, Frasers Commercial Trust (SGX: ND8U), will be dishing out distributions on the same day. The REIT owns commercial properties in both Singapore and Australia. In our shores, it has 55 Market StreetChina Square Central, and Alexandra Technopark as part of its portfolio.

The REIT is giving a distribution of 2.51 Singapore cents for the fourth-quarter of 2015. For the period from 1 October 2015 to 31 December 2015, gross revenue was at $39.6 million, an increase of 11.7% year-on-year, while its net property income clocked in at $29.4 million, up 15.5% from a year ago.

Frasers Commercial Trust closed at S$1.215 on Friday. The firm is trading at 0.79 times its historical book value and has a trailing distribution yield of 8%.

3. Singapore Exchange Limited  (SGX: S68)

Last week, stock market operator and regulator Singapore Exchange Limited (SGX: S68) posted its fiscal second-quarter earnings for the three months ended 31 December 2015. The firm saw its top-line inch up 0.2% year-on-year to S$194.6 million while its bottom-line declined by 3.3% year-on-year to S$83.7 million.

As my colleague James Yeo mentioned in his article about the company’s earnings, Singapore Exchange had enjoyed strong double-digit percentage growth in its revenue and profit for the first-quarter of its fiscal year but “that growth seems to have fizzled out.” Weak market sentiment had been pegged as a big contributor to Singapore Exchange’s flat business performance.

But despite the lower net profit, the company will be paying a dividend of 5.0 Singapore cents per share for the reported quarter. This is an uptick from the 4.0 cents paid out a year back.

Singapore Exchange’s shares closed at S$6.82 on Friday. It is trading at 20 times trailing earnings and has a trailing dividend yield of 4.5%.

To keep up to date on the latest financial and stock market news, sign up now for a FREE subscription to The Motley Fool's weekly investing newsletter, Take Stock Singapore. It will teach you how you can grow your wealth in the years ahead.

Also, like us on Facebook to follow our latest hot articles.

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.