There are a few firms that will be going ex-dividend on Friday, 18 May 2018. In other words, you need to own the companies before that day in order to receive their dividends. Let’s take a look at three such companies at random.
AEM Holdings Ltd (SGX: AWX)
AEM is involved in the designing and manufacturing of equipment and precision components for the semiconductor, solar and smart card industries.
The firm is dishing out 6.5 Singapore cents per share for the fourth quarter. It is also giving shareholders three bonus shares for every one existing share.
For the financial year ended 31 December 2017, both revenue and net profit grew. The former surged 216% to S$221.6 million while the latter ballooned up 576% to S$31.5 million.
AEM said that its sales growth was due to “strong ongoing demand for the Group’s new generation semiconductor handler platform from its key customer”. On the other hand, the bottom-line growth was “enhanced by improving strategic product mix, operating efficiencies, and positive economies of scale”.
AEM shares ended at S$6.02 yesterday, translating to a price-to-earnings (PE) ratio of around 11 and a dividend yield of 2%.
Oversea-Chinese Banking Corp Limited (SGX: O39)
Oversea-Chinese Banking Corporation (OCBC) is the longest established local bank and is the second largest financial services group in Southeast Asia by assets.
The bank is giving out 19.0 Singapore cents per share for the fourth quarter.
Total income for the financial year ended 31 December 2017 rose 14% year-on-year to S$9.6 billion. The increase came about from improvements in both net interest income and non-interest income.
Meanwhile, net profit was up by 19% year-on-year to S$4.1 billion. The bank said that this marked the first time that its bottom-line went past the S$4 billion mark. The strong showing was on the back of sustained growth momentum across OCBC’s three business pillars of banking, wealth management and insurance.
OCBC last changed hands at S$13.19 per share yesterday. This translates to a price-to-book ratio of 1.4 and a dividend yield of 2.8%.
Yangzijiang Shipbuilding Holdings Ltd (SGX: BS6)
Yangzijiang is the largest China-based company in the Singapore stock market. It is also a leading shipbuilder in China in terms of manufacturing capability and capacity.
The company is paying 4.5 Singapore cents per share for the fourth quarter.
For the financial year ended 31 December 2017, Yangzijiang’s net profit surged by 67% to RMB 2.93 billion. This came on the back of a 27% rise in revenue to RMB 19.2 billion. The company’s core shipbuilding business experienced a 17% increase in revenue to RMB 12.3 billion. In 2017, the number of vessels delivered fell from 39 in 2016 to 33, but the 33 vessels delivered were container ships of higher value.
Shares of the firm ended yesterday at S$1.13 apiece, giving a PE ratio of around 7 and a dividend yield of 4%.
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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. The Motley Fool Singapore has recommended shares of AEM Holdings Ltd. Motley Fool Singapore contributor Sudhan P doesn’t own shares in any companies mentioned.