There are some companies going ex-dividend in a couple of days. In other words, you need to own them before a particular date in order to receive their dividends. Let’s look at three of those companies.
Tuesday, 14 May 2019
On Tuesday, Advancer Global Ltd (SGX: 43Q) is pencilled in to go ex-dividend. The company is a workforce solutions and services provider in Singapore. Advancer Global is dishing out 0.15 Singapore cents per share for its fourth quarter.
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For the full year ended 31 December 2018, revenue grew 3.1% year-on-year to S$67.3 million. The increase was due to higher revenue from its security services business, which was offset by decreases in revenues for the building management business and employment services business. However, net profit plunged 56.3% to S$1.3 million on the back of lower gross profit and higher administrative expenses.
Advancer Global’s share price last closed at S$0.16 on Friday, translating to a price-to-earnings (PE) ratio of 25 and a dividend yield of 2.5%.
Wednesday, 15 May 2019
A day after Advancer Global, Kingsmen Creatives Ltd (SGX: 5MZ) is slated to go ex-dividend. Kingsmen is a leading communications design and production group. The company is giving out 1.5 Singapore cents per share for its fourth quarter.
For the full year ended 31 December 2018, Kingsmen’s top line grew 17.5% year-on-year to S$361 million, but its net profit tumbled 16.3% to S$8.1 million. To know more about Kingsmen’s 2018 earnings, you can head here.
Kingsmen’s shares last traded at S$0.54 apiece on Friday. At that share price, the company had a PE ratio of 13 and a dividend yield of 4.6%.
Friday, 17 May 2019
On the final trading day of the week, Singapore’s largest bank, DBS Group Holdings Ltd (SGX: D05), is set to go ex-dividend.
DBS is paying 30 Singapore cents per share for its first quarter.
For the three months ended 31 March 2019, the bank’s net profit grew 9% to a record S$1.65 billion, on the back of total income rising 6% to a new high of S$3.55 billion. To know more about the bank’s performance for the latest quarter and its outlook, you can jump in here.
To provide “shareholders with more regular income streams”, from the first quarter of 2019, DBS has changed its dividend payment frequency to four times per year, instead of the previous two times. The S$1.20 per share dividend will now be broken up into four equal parts of S$0.30 each.
DBS shares last closed at S$26.55 each on Friday, translating to a price-to-book ratio of 1.4 and a dividend yield of 4.5%.
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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. Motley Fool Singapore contributor Sudhan P owns shares in Kingsmen Creatives.