Three companies 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 at them.
1. Wednesday, 10 January 2018
On Wednesday, Miyoshi Ltd (SGX: M03) will be going ex-dividend. The company is an integrated engineering services provider for complex precision components and assemblies.
It is dishing out 0.4 Singapore cent per share for the fourth quarter. For the financial year ended 31 August 2017, revenue rose 2.9% year-on-year to S$50.7 million while profit attributable to shareholders surged 91.4% to S$2.2 million.
The company’s shares are currently going at S$0.078, translating to a trailing price-to-earnings (PE) ratio of 16 and a dividend yield of 5%.
2. Wednesday, 10 January 2018
Top Glove (SGX: BVA), which is the world’s largest rubber glove manufacturer, will be going ex-dividend on Wednesday as well.
The firm is giving out 8.5 Malaysia sen per share for the fourth quarter. For the financial year ended 31 August 2017, sales went north to a record-high of RM3.4 billion, up 18% from the previous year. However, net profit fell 7.7% to RM332.7 million.
Top Glove is now selling at S$3 per share, giving a trailing PE ratio of around 35 and a yield of 1.5%.
3. Friday, 12 January 2018
On Friday, Advanced Holdings Limited (SGX: BLZ), will be going ex-dividend. The firm is an engineering science outfit that is involved in designing, manufacturing and marketing of products and solutions used in the oil and gas, and petrochemical industry.
The company is paying 4.9 Singapore cents per share for the third quarter. For the three months ended 30 September 2017, revenue plunged 45% year-on-year to S$12.6 million. Despite the huge fall in revenue, net profit came in at S$0.6 million, reversing a loss of S$2.3 million seen a year ago.
Advanced Holdings Limited’s shares are changing hands at S$0.33 now, giving a dividend yield of 14.9%. There is no trailing PE ratio to speak of as the firm posted a net loss for the past twelve months.
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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.