There are a few companies that will be going ex-dividend on Tuesday, 22 May 2018. In other words, you need to own shares of the company before that day to receive their dividends. Let’s check out three such firms at random.
Engro Corporation Limited (SGX: S44)
EnGro is a provider of superior building materials and has a history dating back to 1973.
The company is dishing out 2.5 Singapore cent per share for its 2017 fourth-quarter.
For the full year ended 31 December 2017, revenue slipped 7.5% year-on-year to S$141.8 million on the back of softer demand and intense competition in the integral cement and ready-mix concrete segment. Meanwhile, net profit tumbled from S$5.8 million to S$3.6 million, a fall of 37% year-on-year.
EnGro shares closed at S$0.925 on Friday. This translates to a price-to-earnings (PE) ratio of 21 and a dividend yield of 2.7%.
Enviro-Hub Holdings Limited (SGX: L23)
Enviro-Hub is involved in recycling and refining of metals, trading of e-waste and metals, piling contract, construction, and rental and servicing of machinery, among others.
The firm is giving out 0.3 Singapore cent per share for the fourth quarter ended 31 December 2017.
In 2017, Enviro-Hub made a steeper loss of S$10.2 million as compared to S$5.3 million in the previous year. This came on the back of a 41% year-on-year plunge in revenue to S$61.0 million. The lower revenue was mainly due to a sales decline by Enviro-Hub’s joint operation with SB Procurement Pte Ltd, reduction in sales volume due to the relocation of the group’s recycling plant, and absence of low margin sales in the trading of e-waste business.
Enviro-Hub ended Friday at S$0.038 and has a dividend yield of close to 8%.
JUMBO Group Ltd (SGX: 42R)
JUMBO Group is well-known for its eponymous seafood restaurants around Singapore that serve the famous chilli crab. Its other brand of restaurants includes JPot, Ng Ah Shio Bak Kut Teh, Chui Huay Lim Teochew Cuisine and J Cafe. JUMBO Group went public in November 2015.
It is paying out 0.5 Singapore cent per share for the second quarter.
For the three months ended 31 March 2018, sales went up by 6% year-on-year to S$41.7 million. The improvement came about as revenue from the Singapore operations increased by S$0.8 million while revenue from the Jumbo Seafood outlets in China increased by S$1.5 million, mainly due to contributions from the first Jumbo Seafood restaurant in Beijing and fourth Jumbo Seafood restaurant in Shanghai. However, net profit tumbled 27% to S$4.3 million. The fall was mainly on the back of higher employee benefits expense, operating lease expenses and other operating expenses.
JUMBO Group shares closed at S$0.545 on Friday, giving a PE ratio of 28 and a dividend yield of 1.8%.
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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.