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3 Companies Paying Dividends on Wednesday

There are a few companies that will be going ex-dividend on Wednesday, 31 January 2018. In other words, you need to own the businesses before that day to receive their dividends. Let’s take a look out three such companies at random.

CapitaLand Commercial Trust (SGX: C61U)

CapitaLand Commercial Trust is Singapore’s first and largest commercial real estate investment trust.

It is dishing out 4.1 Singapore cents per share for the period from 1 July 2017 to 31 December 2017.

For the full year ended 31 December 2017, gross revenue went up 13% year-on-year to S$337.5 million while net property income (NPI) grew 14.8% to S$265.5 million. The increases in both gross revenue and NPI were primarily due to higher contribution from CapitaGreen and new income contribution from Asia Square Tower 2.

CapitaLand Commercial Trust’s units are selling at S$1.92 now. This gives a price-to-book ratio of 1.08 and a trailing distribution yield of 4.5%.

Fraser and Neave Limited (SGX: F99)

Fraser and Neave, or more commonly known as F&N, is Singapore’s long-established beverage producer and distributor.

The company is giving out 3.0 Singapore cents per share for the fourth quarter.

For the financial year ended 30 September 2017, F&N’s top-line tumbled 4.1% year-on-year to S$1.9 billion due to revenue declines in the beverages, and printing and publishing businesses, partially offset by a revenue increase in the dairies business.

Meanwhile, net profit surged from S$108.1 million a year ago to S$1.3 billion in the latest period largely due to one-off gains following the “realisation of fair value adjustment reserve upon the reclassification of Vinamilk from Other Investment to Investment in Associated Company”.  F&N is the largest overseas investor in Vinamilk, a leading dairy producer in Vietnam.

F&N is selling at S$.260 per share now. This translates to a trailing price-to-earnings (PE) ratio of 37.7, excluding the one-off gains, and a trailing dividend yield of 1.7%.

Goodland Group Ltd (SGX: 5PC) 

Goodland Group is a Singapore-based property developer that specialises in residential developments.

The firm is paying out 0.3 Singapore cent per share for its fourth quarter.

For the financial year ended 30 September 2017, revenue grew 34% year-on-year to S$69.8 million, mainly due to “progressive revenue recognition from the mixed residential/commercial project, The Citron and Citron Residences”. The bottom line reversed a loss of S$3.9 million seen a year ago to turn in a profit of S$17.7 million for the latest full year.

Shares of the firm are going at S$0.26 at the time of writing. This gives a trailing PE ratio of 5.3 and a dividend yield of 3.5%.

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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 owns units in CapitaLand Commercial Trust.