In the next few days, there are 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 at random.
Wednesday, 3 October 2018
TLV Holdings Ltd (SGX: 42L) is going ex-dividend on Wednesday. The company is a wholesaler and retailer of jewellery in Singapore and international markets. Its brands include Taka Jewellery and Top Cash.
TLV is paying 0.219 Singapore cent per share for its fourth quarter ended 31 March 2018.
For the full year, TLV’s revenue was flat at S$111.8 million, but net profit grew from S$2.2 million last year to S$3.5 million in the latest period, up 60.4% year-on-year. The improved profitability was mainly due to lower operating expenses.
Looking ahead, the company said:
“The jewellery markets where we are operating in remains challenging with prevailing margin pressures from competitive pricing and higher operating costs. The Group will continue to commit to our cost control discipline in streamlining certain parts of our operations and consolidating our retail network whilst enhancing our customer experience through the introduction of new product range and designs and new markets such as our joint venture business in China market to mitigate any adverse challenges and improve the Group’s overall financial performance.”
TLV shares ended Friday at S$0.095 each, translating to a price-to-earnings (PE) ratio of 17 and a dividend yield of 2.3%.
Wednesday, 3 October 2018
On the same day as TLV, Lian Beng Group Ltd (SGX: L03) is pencilled in to go ex-dividend as well. Lian Beng is a home-grown building construction company with integrated civil engineering and construction support service capabilities.
Lian Beng is giving out 1.25 Singapore cents per share for its fourth quarter.
For the financial year ended 31 May 2018, Lian Beng’s revenue declined by 13.4% year-on-year to S$243.9 million, mainly due to the fall in revenue from its property development segment, partially offset by the improved revenue from its construction, investment holding and ready-mixed concrete segments. Net profit, however, inched up 2.1% to S$54.4 million.
On Friday, Lian Beng closed at S$0.52, giving a PE ratio of 5 and a dividend yield of 4.3%.
Thursday, 4 October 2018
On Thursday, HC Surgical Specialists Ltd (SGX: 1B1) is slated to go ex-dividend. The company is a healthcare services group mainly engaged in the provision of endoscopic procedures and general surgery services in Singapore.
HC Surgical Specialists is paying 1.0 Singapore cent per share for the fourth quarter ended 31 May 2018.
Revenue for the full year climbed 69.1% year-on-year to S$16.0 million. The higher revenue was largely due to new subsidiaries acquired in the past few years, contributions from new clinics and improved contribution from existing subsidiaries. Meanwhile, net profit more than tripled to S$4.5 million from S$1.3 million a year ago.
As for its long-term plans, Dr Heah Sieu Min, chief executive of HC Surgical Specialists, said:
“As a developing medical services group, we will continue to pursue opportunities to keep up with evolving markets. Our team has placed strategic decisions to explore more acquisitions and joint-ventures to optimise long-term value for our shareholders. This expansion is just the tip of the iceberg of our long-term plans. We will continue to persevere and heighten our presence into the heartlands of Singapore; to develop and grow a wider range of medical services, and to provide a consistent and reliable service for all our patients.”
Shares in the company last traded at S$0.65 each on Friday. The price translates to a PE ratio of 21 and a dividend yield of 3.2%.
Meanwhile, there are 28 surprising and important things we think every Singaporean investor should know—and we’ve laid them all out in The Motley Fool Singapore’s new e-book. Packed with information and insights, we believe this book will help you be a better, smarter investor. You can download the full e-book FREE of charge—simply click here now to claim your copy.
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.