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3 Companies Paying Dividends on Thursday

There are a few companies that will be going ex-dividend on Thursday, 23 November 2017. In other words, you need to own them before that day in order to receive their dividends. Let’s take a look at three such companies.

1. KSH Holdings Limited (SGX: ER0)

KSH Holdings is a construction, property development and property management group with operations in Singapore, Malaysia and China. Some of its completed development projects in our country include The Fullerton Bay Hotel, One°15 Marina Club and Suntec City.

The firm is dishing out 1.0 Singapore cent per share for the second quarter.

For the three months ended 30 September 2017, revenue tumbled 64.1% year-on-year to S$24.5 million while net profit declined 48.9% to S$4.1 million. The revenue decrease was mainly due to “delays in handing over of sites from the customers for two projects, which affected the progress in the certification of work done”.

The company’s shares are going at S$0.835 currently.

2. Singapore Post Limited (SGX: S08)

Singapore Post is no stranger to Singaporeans. With a history stretching back 150 years, the firm currently operates three business segments – Postal, Logistics and eCommerce.

The postal service provider is giving out 0.5 Singapore cent per share for the second quarter ended 30 September 2017.

For the quarter, revenue grew 10.2% year-on-year to S$354.7 million, but net profit slumped 9.5% to S$28.5 million. Underlying net profit, which does not include a one-off gain from the dilution of interest in an associated company during the second quarter of last year, went up 1.9% to S$27.6 million. The increase was due to better performances from Postal, eCommerce, associates and joint ventures.

Singapore Post’s shares are changing hands at S$1.31 now.

3. Sysma Holdings Ltd (SGX: 5UO) 

Sysma Holdings is mainly involved in providing building construction services to the private sector in Singapore. In 2013, the firm ventured into property development as well.

The company is paying 0.5 Singapore cent per share for the financial year ended 31 July 2017.

For the year, revenue declined 23% year-on-year to S$97.1 million largely on the back of lower contribution from property development projects after they were substantially sold. However, net profit ballooned more than four times to S$8.3 million due to a much lower cost of sales as compared to the previous financial year.

Shares of the firm are going at S$0.176 now.

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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.