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 this week in order to receive their dividends. Let’s take a look at three of them.
1. Tuesday, 19 July 2016
On Tuesday, mail, logistics, and ecommerce solutions provider Singapore Post Limited (SGX: S08) will go ex-dividend.
The firm, which has business interests in Singapore and the Asia Pacific region, is paying a dividend of S$0.025 per share for the fourth-quarter of its financial year ended 31 March 2016.
For the year, Singapore Post’s revenue was at S$1.15 billion, a solid 25% increase. Earnings was at S$249 million, representing an even stronger 58% jump. But, the company’s underlying net profit, which adjusts for one-off items, had slipped by 4% to S$153 million instead.
Last Thursday, Singapore Post held its annual general meeting in which chairman Simon Israel had described the company’s various challenges and plans to tackle them. You can find out more about Israel’s comments here.
Singapore Post’s shares closed at a price of S$1.515 last Friday, giving the company a trailing price-to-earnings (PE) ratio of 14.
2. Wednesday, 20 July 2016
Retail outfit Duty Free International Ltd (SGX: 5SO) is slated to go ex-dividend on Wednesday. According to its website, the company is the “largest local duty-free retailing group in Malaysia, with strategic presence at all leading entry and exit points in Peninsular Malaysia.”
Duty Free is dishing out a dividend of S$0.0125 per share for its fiscal first-quarter, the three months ended 31 May 2016.
For the quarter, Duty Free’s top-line soared by 37.9% year-on-year to RM192.6 million. Better pricing for certain products and revenue from new outlets at Kuala Lumpur International Airport 2 had contributed to the growth. Duty Free’s higher revenue flowed to the bottom-line – its profit attributable to shareholders had increased by 36.5% to RM19.8 million.
At the company’s closing share price of S$0.39 last Friday, Duty Free has a trailing PE ratio of 19.
3. Friday, 22 July 2016
SATS Ltd (SGX: S58), which provides airline catering and airport ground-handling services, has an ex-dividend date of 22 July 2016.
The company, which counts Singapore Changi Airport as a key operational base, is dishing out S$0.10 per share in dividend for its fiscal fourth-quarter ended 31 March 2016.
For the year ended 31 March 2016, SATS saw its revenue dip by 3.1% to $1.7 billion. But, its net profit managed to grow by 13% to $221 million. Revenue had declined due to (1) a transfer of food distribution revenue to a joint venture, SATS BRF Food, (2) a weakening of the Japanese yen, and (3) loss of revenue from the sale of its interest in Urangan Fisheries Pty Ltd.
SATS’s shares closed at $4.40 each last Friday. The company is valued at 22 times trailing earnings at that price.
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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.