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.
Tuesday, 20 February 2018
On Tuesday, Health Management International Ltd (SGX: 588), or HMI, will be going ex-dividend. The company is a regional private healthcare provider with a presence in Singapore, Malaysia and Indonesia.
It is dishing out RM1.0 cent per share for the second quarter.
For the three months ended 31 December 2017, revenue rose 8% year-on-year to RM116 million while profit attributable to shareholders surged 195% to RM15.7 million. The top-line grew mainly due to rising patient loads and average bill sizes at Mahkota Medical Centre and Regency Specialist Hospital.
The healthcare firm has also adopted a new dividend policy to declare dividends of not less than 20% of its core operating earnings of any financial year.
HMI’s shares are currently going at S$0.645, translating to a trailing price-to-earnings (PE) ratio of around 38 and a trailing dividend yield of 1%.
Wednesday, 21 February 2018
Silverlake Axis Ltd (SGX: 5CP), which is a software solutions provider servicing mainly the financial services sector, will be going ex-dividend on Wednesday.
The firm is giving out 1.1 Singapore cents per share for the second quarter, which comprises of an interim dividend of 0.3 cents and a special dividend of 0.8 cents.
Due to increased contributions from project-related revenue segments and insurance processing, Silverlake’s revenue grew 5% year-on-year to RM133.2 million for the quarter ended 31 December 2017.
However, net profit slumped 87% to RM32.7 million mainly due to the lack of one-off gains of RM242.7 million booked in the previous year’s second quarter.
Silverlake Axis is now selling at S$0.57 per share, giving a trailing PE ratio of around 9 and a trailing dividend yield of 2.8% (without special dividends).
Thursday, 22 February 2018
On Thursday, Lum Chang Holdings Limited (SGX: L19), will be going ex-dividend. The firm, which was founded in the 1940s, is involved in property development and investment.
It is paying 0.3 Singapore cent per share for the second quarter.
For the quarter ended 31 December 2017, revenue plunged 38% year-on-year to S$60.5 million largely on the back of lower revenues from substantially completed construction projects and an ongoing construction project.
Net profit, though, rose 32% to S$7.2 million due to a higher share of profits from joint ventures.
Lum Chang’s shares are changing hands at S$0.37 now. This gives a trailing PE ratio of 6 and a dividend yield of 4.1%.
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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.