DBS Group Holdings Ltd Is One of the Three Companies Paying Dividends This Week

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 to receive their dividends. Let’s take a look at three of them.

Wednesday, 8 August 2018

A day before National Day, DBS Group Holdings Ltd (SGX: D05) will be going ex-dividend. DBS, as many may already know, is one of the three major listed banks in Singapore.

The bank is dishing out 60 Singapore cents per share for the second quarter of 2018.

For the three months ended 30 June 2018, net interest income rose 18% year-on-year to S$2.22 billion while total income grew 10% to S$3.20 billion.

Net profit, without one-off gains, climbed 20% to S$1.37 billion. The improvement was due to double-digit percentage growth in both net interest income and fee income, partially offset by weaker trading income. Compared to the previous quarter, however, net profit fell 10% as other non-interest income tumbled 44%. To learn more about the latest earnings, you can head here.

DBS shares are currently going at S$26.88 apiece. This gives a price-to-book (PB) ratio of 1.5 and a dividend yield of 4.5%.

Wednesday, 8 August 2018

KSH Holdings Limited (SGX: ER0) will be going ex-dividend on Wednesday as well. The company is a construction, property development and property investment group that was established in 1979.

KSH is giving out 1.2 Singapore cents per share for the fourth quarter.

For the full year ended 31 March 2018, revenue fell 33.4% year-on-year to S$132.6 million while net profit declined 28.1% to S$29.5 million. The fall in the top-line was due to a decline in project revenue, which was partially offset by higher rental income from investment properties.

KSH is now selling at S$0.62, translating a price-to-earnings ratio of around 12 and a dividend yield of 3.5%.

Friday, 10 August 2018

On Friday, Fortune Real Estate Investment Trust (SGX: F25U), which invests in retail properties in Hong Kong, will be going ex-dividend.

The real estate investment trust (REIT) will be paying 26.34 Hong Kong cents per unit for the first half of 2018.

For the six months ended 30 June 2018, revenue grew 2.2% year-on-year to HK$978.1 million while net property income increased 3% to HK$748.6 million. You can jump in here to know more about the latest earnings.

Fortune REIT’s units are now changing hands at HK$9.67 each now. The REIT is selling at a PB ratio of 0.6 and has a distribution yield of 5.3%.

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