There are a few companies that will be going ex-dividend on Thursday, 2 November 2017. In other words, you need to own the firms before that day in order to receive their dividends. Let’s dive into three such companies at random.
1. Chuan Hup Holdings Limited (SGX: C33)
Chuan Hup Holdings is an investment firm with a portfolio of investments in the electronics manufacturing services and property industries, in addition to its equity investments portfolio.
The firm is dishing out 3.0 Singapore cents per share for the fourth quarter, of which 2.0 cents is a special dividend.
For the financial year ended 30 June 2017, revenue rose 18.7% year-on-year to US$283.2 million, due to an increase in revenue from property and electronics manufacturing services.
Meanwhile, net profit surged 74.3% to US$17.9 million mainly due to mark-to-market gains on investment securities and derivative financial instruments. The firm ended the financial year with a net asset value per share of 31.82 US cents, up from 30.19 cents one year ago.
The company’s shares are selling at S$0.35, giving a price-to-book (PB) ratio of 0.81 and a dividend yield of 2.9% (excluding the special dividend). Including the special dividend, the yield would be 8.6%.
2. Noel Gifts International Ltd (SGX: 543)
The company is involved in marketing and distributing flowers and gifts in Singapore. In 2015, it was the official vendor for the SG50 Baby Jubilee Gift project, an initiative spearheaded by the Singapore government.
Noel Gifts is giving out 0.3 Singapore cent per share for the final quarter, of which 0.7 cent is a special dividend.
For the financial year ended 30 June 2017, the bottom line shrank 10.2% year-on-year to S$1.4 million. This was on the back of a 31.8% decline in revenue to S$24.2 million. The firm said that the poor showing was due to the “completion of the SG50 projects and the decline in demand for gifts amid the uncertain economic conditions”.
Noel Gifts is going at S$0.245 apiece now. This translates to a price-to-earnings ratio of 18 and a dividend yield of 4.1%, including the special dividend.
3. Oxley Holdings Ltd (SGX: 5UX)
Incorporated in 2010, Oxley Holdings is a developer of residential, commercial, industrial and hospitality properties. It has a business presence in ten geographical markets including Singapore, China and the United Kingdom. In our shores, it developed RV Point, Robinson Square and Oxley Tower.
Oxley Holdings is paying 0.7 Singapore cent per share for the fourth quarter.
For the twelve months to 30 June 2017, revenue went up by 37% year-on-year to S$1.3 billion. The increase in revenue was mainly due to revenue recognition of certain projects upon completion and sale of a few developments.
However, net profit fell 23% to S$227.7 million primarily due to the absence of fair value gains during the year; these were recorded last year.
Shares of the property firm are going at S$0.735 now, giving a PB ratio of 2.1 and dividend yield of 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.