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3 Companies Paying Dividends This Week

There are a few companies that will be going ex-dividend in the next few days. In other words, you need to own them before a particular date to receive their dividends. Let’s take a look at three such companies at random.

1. Tuesday, 25 July 2017

On Tuesday, Sats Ltd (SGX: S58), which derives the majority of its revenue from the aviation sector, will be going ex-dividend.

The firm is dishing out 11.0 Singapore cents per share for the fourth quarter.

For the full year ended 31 March 2017, revenue grew 1.8% year-on-year to S$1.7 billion while net profit surged 16.9% year-on-year to $257.9 million. Revenue from all three business segments – Food Solutions, Gateway Services, and Others – put on a decent showing for the year.

The shares are currently going at S$5.03, translating to a historical price-to-earnings (PE) ratio of around 22 and a dividend yield of 3.4%.

2. Wednesday, 26 July 2017

Cortina Holdings Limited (SGX: C41) will be going ex-dividend on Wednesday. The firm, which was established in 1972, is involved in luxury watch retail and distribution in Asia.

It is giving out 3.0 Singapore cents per share for the fourth quarter. The amount includes a special dividend of 1.0 cents.

For the full year ended 31 March 2017, sales went north by 6% year-on-year to S$390.8 million while earnings increased 41% to S$11.8 million. The firm said the increase in revenue was on the back of “expansion in the Group’s retail network, notably Singapore, Taiwan and Thailand”.

Cortina is now trading at S$0.810, giving a PE ratio of 11.4 and a yield of 2.5%.

3. Thursday, 27 July 2017

On Thursday, telecommunications outfit, M1 Ltd (SGX: B2F), will be going ex-dividend. The firm is one of the three major telco players in Singapore. It has four business segments – Mobile telecommunications services, International call services, Fixed services, and Handset sales.

M1 is paying out 5.2 Singapore cents per share for the second quarter ended 30 June 2017.

During the quarter, revenue went up 4.7% year-on-year to S$251.6 million. Meanwhile, net profit declined 20.8% year-on-year to $32.5 million. To know more about M1’s latest results, check out the link here.

The shares of the telco are selling at S$1.88. This gives a PE ratio of 13 and a yield of 5.9%.

In the meantime, you can learn more about dividends through a FREE subscription to Take Stock Singapore. Sign up here to The Motley Fool's weekly investing newsletter that will teach you how to GROW your wealth in the years ahead.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. The Motley Fool Singapore has recommended shares of SATS Ltd. Motley Fool Singapore contributor Sudhan P doesn’t own shares in any companies mentioned.