There are a few companies that are slated to go ex-dividend this week. In other words, you need to own them before a specific date this week in order to receive their dividends. Let’s take a look at three of them.
1. Monday, 4th November 2013
Spindex Industries Limited (SGX: 564), an integrated solution provider of precision-machined components and assemblies with strategic manufacturing location in Singapore, Malaysia, China and Vietnam, will be going ex-dividend on Monday.
It is paying 1.8 Singapore cents per ordinary share for the fourth quarter of 2013 (4Q 2013).
For the full year of 2013, the company saw a 5.2% rise in revenue to S$92.6 million but its net profit dipped 2% to S$7.0 million, as compared to FY2012.
The shares closed at $0.42 on Friday and it is trading at a historical price-to-earnings (PE) ratio of close to 7. Its dividend yield stands at 4.3%.
2. Tuesday, 5th November 2013
Eu Yan Sang International Limited (SGX: E02), a healthcare and wellness company with specialising in Traditional Chinese Medicine, is pencilled in to go ex-dividend on Tuesday.
It is dishing out 2.2 Singapore cents per ordinary share for the 4Q 2013.
For the full year 2013, Eu Yan Sang posted a revenue increase of 13% year-on-year to $326.9 million and the full year net profit grew 11% to $18.1 million.
The shares exchanged hands at $0.755 on Friday. The company is trading at a historical PE ratio of 18.5 and is sporting a dividend yield of 2.9%.
3. Friday, 8th November 2013
F J Benjamin Holdings Limited (SGX: F10) will be going ex-dividend on Friday. The company is involved in brand building and management, and development of retail & distribution networks for international luxury and lifestyle brands across Asia.
It is giving out 0.5 Singapore cents per ordinary share for 4Q 2013.
For the full year 2013, F J Benjamin saw a revenue and net profit decrease of 5% and 68% year-on-year respectively.
The company closed at $0.245 on Friday. It is trading at a historical PE ratio of 31.3 and has a dividend yield of 2%.
According to DBS, NOL reported headline net profit of US$20m in 3Q13, compared to our expectations of about US$12m, but this includes about US$34m realized forex gains, and hence results are slightly worse than expected.
Liner volumes were down 5% y-o-y, and interestingly 5% q-o-q as well, despite it being the traditional peak season. Here's more from DBS: Intra-Asia volumes were the worst affected (down 12% q-o-q) as were Intra-Asia rates (down 7% q-o-q), possibly due to the cascading of capacity from the mainlanes.
Asia-Europe rates recovered on average by 10% q-o-q as a result of the rate restoration programmes in June-July, and combined with NOL’s cost control measures, resulted in better operating performance compared to 2Q.
However, profits are likely to be short-lived, as we explain below.
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Hehe...bought some at 0.88
