MENU

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, 28 November 2017

On Tuesday, UMS Holdings Limited (SGX: 558) will be going ex-dividend. The firm provides equipment manufacturing and engineering services to original equipment manufacturers of semiconductors and related products.

UMS is dishing out 1.0 Singapore cent per share for the third quarter.

For the three months ended 30 September 2017, revenue surged 51% year-on-year to $39.3 million, due to robust customer demand in the semiconductor business segment. Net profit doubled from S$6.8 million in the corresponding period last year to S$13.6 million in the latest quarter.

Shares of UMS are currently going at S$1.14, translating to a trailing price-to-earnings (PE) ratio of around 15 and a dividend yield of 4%, excluding any special dividend.

2. Wednesday, 29 November 2017

Old Chang Kee Ltd (SGX: 5ML) will be going ex-dividend on Wednesday.

The food and beverage outfit is giving out 1.5 Singapore cents per share for the second quarter ended 30 September 2017.

For the latest quarter, sales went north by 5.9% year-on-year to S$21.4 million, but net profit fell 52.6% to S$0.7 million. To know more about the firm’s quarterly results, you can head here.

Old Chang Kee’s shares closed at S$0.77 on Friday. This translates to a trailing PE ratio of 137 and a dividend yield of slightly less than 4%.

3. Friday, 1 December 2017

Transit-Mixed Concrete Ltd (SGX: 570), which is engaged in the supply of ready-mixed concrete, concrete pumping services and liquid waste management, will be going ex-dividend on Friday.

The company is paying out 1.0 Singapore cent per share for the half year ended 31 August 2017.

For the six-month period, revenue tumbled 27% year-on-year to S$8.6 million while net profit plunged 93% to S$0.1 million. The firm said the poor showing was “due mainly to keen competition and slowdown in construction activities in Singapore and Malaysia”.

The shares of the firm are selling at S$0.525 now. This gives a trailing PE ratio of 82 and a dividend yield of 3.8%.

Learn more about dividends through a FREE subscription to Take Stock Singapore. Sign up here to The Motley Fool’s weekly investing newsletter that will teach you how to GROW your wealth in the years ahead.

Like us on Facebook to follow our latest news and articles. The Motley Fool's purpose is to help the world invest, better.

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.