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3 Companies Giving Dividends on Tuesday

There are a few companies that will be going ex-dividend on Tuesday, 24 October 2017. In other words, you need to own shares of the company before that day to receive their dividends. Let’s check out three such firms at random.

(Note: There are some real estate investment trusts featured below, so they are not essentially companies, but we are not going into the technicalities of it.)

1. ESR-REIT (SGX: J91U)

ESR-REIT is an industrial real estate investment trust (REIT) that owns 48 industrial properties located all over Singapore.

The REIT is dishing out 0.964 Singapore cents per unit for the third quarter.

For the three months ended 30 September 2017, gross revenue dropped 1.9% year-on-year to S$27.1 million while net property income (NPI) came down 1.6% to S$19.6 million.

The decline in NPI was largely due to loss of revenue during the conversion of properties from single-tenanted to multi-tenanted, increased property operating expenses because of the conversions, higher maintenance costs, and property divestments.

Units of ESR-REIT are currently going at S$0.57. The price translates to a price-to-book (PB) ratio of 0.90 and a distribution yield of 6.9%.

2. Keppel REIT (SGX: K71U)

Keppel REIT has nine commercial real estate properties in Singapore and Australia in its portfolio. In Singapore, it has stakes in Ocean Financial Centre, Marina Bay Financial Centre, One Raffles Quay, and Bugis Junction Towers.

Keppel REIT is giving out 1.40 Singapore cents per unit for the third quarter ended 30 September 2017.

For the quarter, property income went up 2.3% year-on-year to S$40.4 million. Meanwhile, NPI grew 0.3% to S$31.7 million. The higher property income and NPI were primarily attributable to increased contributions from Bugis Junction Towers, 275 George Street and 8 Exhibition Street.

The REIT is now trading at S$1.195, giving a PB ratio of 0.84 and a distribution yield of 4.8%.

3. Ryobi Kiso Holdings Ltd (SGX: BDN) 

The firm is a ground engineering solutions provider in Singapore mainly engaged in bored piling, eco-friendly piling and geoservices.

It is paying out 0.4 Singapore cent per share for the fourth quarter.

For the full year ended 30 June 2017, revenue tumbled 24.2% year-on-year to S$144.8 million. The decrease was largely due to lower value of work undertaken during the year.

However, net profit came in at S$801,000, reversing a loss of S$11.4 million a year ago. Last year, there were other losses mainly on the back of unrecoverable progress claim written off and impairment loss of goodwill in relation to the firm’s Australia subsidiaries. They amounted to a loss of S$13 million.

Shares of Ryobi Kiso closed at S$0.181 on Friday. This gives a trailing price-to-earnings ratio of 67 and a dividend yield of 2.2%.

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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.