There are a few companies going ex-dividend in the next few days. In other words, you need to own them before a particular date in order to receive their dividends. Let’s take a look at three of them.
Tuesday, 5 June 2018
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On Tuesday, Amara Holdings Ltd (SGX: A34) will be going ex-dividend. The company is mainly involved in hotel investment and management and operates in three main geographical areas – Singapore, China and Thailand.
Amara Holdings is dishing out 1.0 Singapore cent per share for the fourth quarter.
For the full year ended 31 December 2017, the firm’s revenue rose 10% year-on-year to S$89.8 million, but its net profit came down 36% to S$23.9 million. Revenue from hotel investment and management, and property investment and development increased for the year, partially offset by lower revenue from specialty restaurants and food services. The fall in net profit was mainly due to a 99% drop in the share of results of a jointly-controlled entity, net of tax, from S$28.0 million in 2016 to S$0.2 million in 2017.
Amara shares ended Friday at S$0.51, translating to a price-to-book (PB) ratio of 0.8 and a dividend yield of 2%.
Wednesday, 6 June 2018
Keong Hong Holdings Ltd (SGX: 5TT) is pencilled in to go ex-dividend on Wednesday. On top of being a property and hotel investor and developer, its main activity also includes building construction.
Keong Hong is giving out 0.5 Singapore cent per share for the second quarter.
For the three months ended 31 March 2018, revenue came down 25.1% year-on-year to S$30.8 million. The fall in revenue was mainly due to lower recognition of revenue from construction projects as some of the projects had mostly been completed in the previous financial year. This was slightly offset by higher revenue from the construction of Seaside Residences condominium in Singapore and Pullman Maamutaa resort in Maldives.
Net profit, on the other hand, improved by 51.7% to S$4.9 million. This was largely due to higher other income and share of results of joint venture and associate, net of tax.
On Friday, Keong Hong closed at S$0.575 per share, giving a PB ratio of 0.7 and a dividend yield of 3%.
Friday, 8 June 2018
On Friday, Low Keng Huat (Singapore) Ltd (SGX: F1E) will be going ex-dividend. The company’s four business segments are construction, property development, hotels and investments.
Low Keng Huat is paying 2.0 Singapore cents per share for the fourth quarter.
Revenue for the twelve months ended 31 December 2017 surged 54% year-on-year to S$72.7 million largely on the back of higher development revenue, which rose by S$30.3 million to $32.1 million.
Net profit, though, plunged 67% to S$18.5 million. The fall was mainly due to a lack of extraordinary gain of S$58.6 million from the sales of DHS, Shanghai Xinfeng Realty Development Co Ltd and OSC-Duxton (Vietnam) Joint Venture Company Limited in the previous year. Without this extraordinary gain, net profit would have risen by S$21.4 million in the latest period as compared to a year ago.
Low Keng Huat last traded at S$0.665 per share on Thursday, translating to a PB ratio of 0.7 and a dividend yield of 3%.
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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.