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3 Companies Giving Dividends This Week

Credit: Simon Cunningham

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, 5 September 2017

Kingsmen Creatives Ltd (SGX: 5MZ) will be going ex-dividend on Tuesday. The company provides interior fitting-out services and creates thematic displays for theme parks, among others.

It is giving out 1.0 Singapore cent per share for the second quarter.

For the three months ended 30 June 2017, revenue declined 10.4% year-on-year to S$78.8 million while net profit dropped 25.7% to S$2.4 million. You can learn more about the latest earnings here.

Kingsmen Creatives is now trading at S$0.59, giving a trailing price-to-earnings (PE) ratio of around 10 and a dividend yield of 4.2%.

2. Tuesday, 5 September 2017

On the same day as Kingsmen Creatives, Stamford Tyres Corp Ltd (SGX: S29), a global distributor of tyres and wheels, will be going ex-dividend.

The firm is dishing out 1.5 Singapore cents per share for the fourth quarter.

For the full year ended 30 April 2017, revenue came in at S$235.8 million, down 1.7% year-on-year, mainly on the back of lower sales in Africa and Southeast Asia.

However, net profit more than doubled from S$2.6 million a year ago to S$8.1 million in the latest reporting period. The huge increase in the bottom line was largely due to improved performance from its Hong Kong and India joint ventures.

Mr Wee Kok Wah, the President of the company, said:

“The global economic outlook remains challenging. We continue to focus on growing our sales of car tyres and SSW wheels, as well as truck tyres and mining tyres. We are also focusing on improving our sales productivity and value-added segments such as Stamford Tyres Mart retail chain and truck centres.”

The firm’s shares are currently going at S$0.355, giving to a PE ratio of 10 and a dividend yield of 4.2%.

3. Thursday, 7 September 2017

On Thursday, CDW Holding Limited (SGX: BXE) will be going ex-dividend.

It is paying out 0.5 US cent per share for the second quarter ended 30 June 2017.

For the first half of the year, revenue declined 0.7% year-on-year to US$48.7 million while net profit grew 672% to S$0.6 million. The drop in sales was largely due to fewer orders in the LCD Backlight Units segment in the first quarter of the year.

The shares of CDW are selling at S$0.25. This gives a PE ratio of around 48 and a yield of 5.5%.

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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 owns shares in Kingsmen Creatives Ltd.