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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 three such companies at random.

1. Tuesday, 3 October 2017

On Tuesday, Lian Beng Group Ltd (SGX: L03), a building construction group with integrated civil engineering and construction support service capabilities, will be going ex-dividend.

The firm is dishing out 1.25 Singapore cents per share for the fourth quarter.

For the full year ended 31 May 2017, revenue fell 36.8% year-on-year to $281.7 million, mainly due to the decrease in sales from the Construction and Ready-mixed Concrete business segments. Meanwhile, net profit declined 48.3% to S$53.2 million. This was largely due to a decline in share of results from associates and joint ventures.

Lian Beng’s shares are currently going at S$0.635, translating to a historical price-to-earnings (PE) ratio of around 6 and a dividend yield of 3.5%.

2. Wednesday, 4 October 2017

AEM Holdings Ltd (SGX: AWX) will be going ex-dividend on Wednesday. The firm designs and manufactures equipment and precision components for the semiconductor, solar, smart card and other industries.

It is giving out 2.5 Singapore cents per share for the second quarter.

For the six months ended 30 June 2017, sales went north by 257% year-on-year to S$104.5 million while net profit ballooned 682% to S$12.3 million.

The firm said that the “commercial success of the Group’s next generation semiconductor handler platform, which was commercially adopted by its key customer in late 2016, has driven much of the sales and profit growth in 2017”.

AEM is now trading at S$2.58, giving a PE ratio of 11 and a yield of 1.2%.

3. Friday, 6 October 2017

On Friday, New Toyo International Holdings Ltd (SGX: N08), will be going ex-dividend. The firm is a regional provider of speciality packaging materials to the tobacco, food and beverage, wine, liquor and cosmetics industries in Asia Pacific.

The company is paying out 0.6 Singapore cent per share for the second quarter.

For the three months ended 30 June 2017, revenue grew 21% year-on-year to S$73 million on the back of revenue contribution from its Printed Cartons and Labels division from a subsidiary acquired in December 2016 and higher revenue from the Trading division.

Despite sales growth, New Toyo went into a loss of S$3 million for the year, mainly due to higher other operating expenses as compared to a year ago.

The shares of the firm are selling at S$0.26. At that price, it translates to a PE ratio of 11 and a dividend yield of 6.5%.

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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 doesn’t own shares in any companies mentioned.