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3 Companies Paying Dividends on Friday

There are a few firms that will be going ex-dividend on Friday, 25 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.

Fraser and Neave Limited (SGX: F99)

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

The firm is dishing out 1.5 Singapore cents per share for the second quarter.

For the three months ended 31 March 2018, revenue rose 4.8% year-on-year to S$473.1 million. The improvement was on the back of broad-based sales growth across business segments in the main markets of Singapore, Malaysia and Thailand.

Meanwhile, net profit surged 88.3% to S$16.0 million, mainly due to higher dairy and soft drinks sales, reduced operating costs and maiden profit contribution from F&N’s 19.96% stake in Vietnam Dairy Products Joint Stock Company (Vinamilk), an associate company.

Shares in F&N ended at S$2.08 apiece yesterday, translating to a price-to-earnings (PE) ratio of around two times and a dividend yield of 2.2%.

Frasers Property Ltd (SGX: TQ5)

Frasers Property owns, develops and manages a diverse and integrated portfolio of properties. It operates across five property asset classes: residential, hospitality, retail, commercial, and industrial and logistics.

Frasers Property is giving out 2.4 Singapore cents per share for the second quarter ended 31 March 2018.

Revenue for the latest quarter grew 19.3% year-on-year to S$841.7 million while net profit climbed 74.2% to S$124.1 million. The increases were primarily due to contributions from Singapore residential developments, profit recognition from projects in China and Australia following sales settlements, and maiden contributions from Geneba Properties N.V. in Europe and business parks in the United Kingdom.

Frasers Property shares last changed hands at S$1.90 yesterday. This translates to a price-to-book ratio of 0.8 and a dividend yield of 4.5%.

Singapore Kitchen Equipment Ltd (SGX: 5WG) 

Singapore Kitchen Equipment, which was listed here in July 2013, is a commercial and industrial kitchen solutions provider. It has two main business segments: fabrication and distribution, and maintenance and servicing. The company operates under the trade name of Q’son Kitchen Equipment Pte Ltd.

Singapore Kitchen Equipment is paying 4.5 Singapore cents per share for the second half of 2017.

For the full year ended 31 December 2017, the firm’s revenue improved 17.2% year-on-year to S$30.7 million mainly due to “higher sales generated from the manufacturing of equipment from the fabrication business segment, imported goods for projects and service maintenance jobs”. However, the bottom line plunged 48.8% to S$1.3 million largely on the back of higher cost of sales and operating costs.

Shares in the firm last exchanged hands at S$0.17 apiece on Monday, translating a PE ratio of around 20 and a dividend yield of 4.4%.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Sudhan P doesn’t own shares in any companies mentioned.