In the next couple of days, there will be a number of companies going ex-dividend. 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 randomly.
Tuesday, 28 August 2018
Stamford Land Corporation Ltd (SGX: H07) is going ex-dividend on Tuesday. The company is Australasia’s largest independent owner and operator of luxury hotels. It owns a portfolio of prime hotels and investment properties in Australia and New Zealand.
Stamford Land is dishing out 1.0 Singapore cent per share for its fourth quarter of 2018.
For the full year ended 31 March 2018, the company’s revenue grew 44.1% year-on-year to S$453.3 million, mainly on the back of higher revenue from property development. Meanwhile, its net profit surged 63.2% to S$56.4 million.
Stamford Land shares ended Friday (24 August) at S$0.50 each. The price gives a price-to-book ratio of 0.8 and a dividend yield of 2%.
Wednesday, 29 August 2018
On Wednesday, AEM Holdings Ltd (SGX: AWX) is slated to go ex-dividend. AEM provides handling and test solutions for customers who produce microprocessors, high-speed communications, Internet of Things devices, and solar cells.
AEM is giving out 1.5 Singapore cents per share for its 2018 second-quarter.
For the first half of 2018, revenue rose 32.4% to S$138.3 million while its net profit grew 43.4% to S$17.7 million. The improved top line was due to higher sales from its Equipment Systems Solutions business, partially offset by lower revenue from the Precision Components business. To know more about the earnings, you can head here.
On Friday, AEM closed at S$0.83, translating to a price-to-earnings (PE) ratio of 6 and a dividend yield of 4.7%.
Friday, 31 August 2018
Best World International Limited (SGX: CGN) will be going ex-dividend on Friday. The company is involved in the development, manufacturing and distribution of top-end skincare, personal care, nutritional and wellness products.
Best World is paying 1.2 Singapore cents per share for the second quarter of 2018.
For the six months ended 30 June 2018, the top line fell 39.6% to S$60.4 million on the back of declines in revenue from all its business divisions. Likewise, net profit tumbled 31.1% to S$14.9 million.
Best World shares last traded at S$1.22 each on Friday. The price gives a PE ratio of 14 and a dividend yield of 3.1%.
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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 AEM Holdings Ltd. Motley Fool Singapore contributor Sudhan P doesn’t own shares in any companies mentioned.