There are a number of companies that will be 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 at random.
Wednesday, 25 July 2018
On Wednesday, Keppel Corporation Limited (SGX: BN4), will be going ex-dividend. Keppel Corporation has four business divisions – Offshore & Marine (O&M), Property, Infrastructure and Investments. The O&M division is one of the world’s largest oil rig builders.
The conglomerate is dishing out 15 Singapore cents per share for the second quarter, which includes a special dividend of 5 Singapore cents.
For the three months ended 30 June 2018, Keppel Corporation’s revenue dipped 2% year-on-year to S$1.52 billion, mainly on lower revenue from the Property and Investments divisions. Net profit, however, surged 44% to S$246.2 million, largely due to a massive increase in net profit from the Property segment. The O&M and Investments segments went into losses for the quarter.
On a half-year basis, the top-line grew 6.8% year-on-year to S$2.99 billion while the bottom-line rose 38% to S$583.6 million.
Loh Chin Hua, chief executive of the conglomerate, said:
“Keppel continued to deliver strong results in the first half of 2018. Our multi-business strategy and geographical diversification have enabled the Company to remain resilient, despite cyclical headwinds in some of our businesses.”
The special dividend of 5 Singapore cents per share is “to thank shareholders for their trust and support on the occasion of Keppel Corporation’s 50th anniversary”.
Keppel Corporation shares ended last Friday at S$7.09 apiece, translating to a trailing price-to-earnings (PE) ratio of around 35 and a dividend yield of 3.4%, excluding the special dividend.
Thursday, 26 July 2018
Singapore Telecommunications Limited (SGX: Z74), or Singtel for short, is pencilled in to go ex-dividend on Thursday. Singtel is one of the three major telcos in Singapore.
The telco is giving out 10.7 Singapore cents per share for the fourth quarter.
For the full year ended 31 March 2018, revenue increased 5% to S$17.53 billion while net profit grew to a record S$5.45 billion, which includes one-off divestment gains from NetLink Trust.
Underlying net profit for the full year, however, dipped 8%. The fall was due to a “lower share of profits from Airtel and lower economic interest in NetLink Trust, as well as higher depreciation and amortisation on network and spectrum investments”.
Last Friday, Singtel closed at S$3.31. It traded at a PE ratio of around 10 and a dividend yield of 5.3%, excluding any special dividend.
Friday, 27 July 2018
On the final trading day of the week, Valuetronics Holdings Limited (SGX: BN2) will be going ex-dividend. The company is an integrated electronics manufacturing services provider with its headquarters in Hong Kong.
Valuetronics is paying 20 HK cents per share for the fourth quarter, which includes a special dividend of 5 HK cents.
Revenue for the financial year ended 31 March 2018 climbed 25.4% year-on-year to HK$2.85 billion as both the Consumer Electronics, and Industrial & Commercial Electronics (ICE) business segments posted sales growth. Net profit for the year surged 32.9% to HK$204.7 million.
Ricky Tse Chong Hing, chairman and managing director of Valuetronics, said:
“We posted a creditable set of results for FY2018 on the back of good growth from both consumer electronics and industrial and commercial electronics segments. Our customers made up of brand leaders in their respective industries, and we will continue to identify and cultivate new customers in the ICE segment in order to further boost our long term growth and customer diversification.”
Valuetronics shares closed at S$0.705 last Friday, giving a PE ratio of 9 and a dividend yield of 5.4%, without any special dividend.
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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.