There are a few companies that will be going ex-dividend on Tuesday, 15 May 2018. In other words, you need to own the firms before that day to receive their dividends. Let’s check out three such companies at random.
Ho Bee Land Ltd (SGX: H13)
Ho Bee Land is involved in property investments and developments in Singapore, Australia, China and the United Kingdom.
The firm is dishing out 10.0 Singapore cents per share for the fourth quarter, with 2.0 cents being a special dividend.
For the financial year ended 31 December 2017, revenue fell 45% year-on-year to S$164.7 million. The fall was mostly due to higher sales recognition in the previous year for two wholly-owned residential development projects in Melbourne and Gold Coast, Australia.
Despite the plunge in the top-line, earnings improved 15% to S$249.3 million mainly on the back of a 235% surge in the share of profits from associates, with the main contributor being a Shanghai joint venture project.
Ho Bee Land shares last changed hands at S$2.66 on Friday, translating to a trailing price-to-book (PB) ratio of 0.6 and a dividend yield of 3%, excluding the special dividend.
Kingsmen Creatives Ltd (SGX: 5MZ)
Kingsmen Creatives is a communication design and production group.
The company is giving out 1.5 Singapore cents per share for the fourth quarter.
Revenue for the financial year ended 31 December 2017 tumbled to S$307.2 million from S$329.7 million, a fall of 6.8% year-on-year. This was due to poor performances in all its business divisions, except Research & Design. Net profit for the year declined by 18.1% to S$9.7 million.
Kingsmen Creatives closed at S$0.595 per share on Friday, giving a price-to-earnings ratio of 12 and a dividend yield of 4.2%.
OUE Ltd (SGX: LJ3)
OUE is a real estate owner, developer and operator with its properties located in Asia and the United States.
The firm is paying out 2.0 Singapore cents per share for the fourth quarter.
For the financial year ended 31 December 2017, revenue came down from S$884.2 million to S$754.1 million, a decline of 14.7% year-on-year. If the non-recurring revenue of S$205 million on the disposal of Crowne Plaza Changi Airport’s extension to OUE Hospitality Trust (SGX: SK7) in 2016 were to be excluded, OUE would have recorded S$74.9 million in higher revenue in 2017. Meanwhile, net profit slipped 31.5% to S$98.9 million.
Shares of the property company last traded at S$1.81 on Friday. This gives a PB ratio of 0.4 and a dividend yield of 1.7%.
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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 shares in Kingsmen Creatives Ltd.