3 Singapore-Listed Companies Giving Dividends This Week

A couple of Singapore-listed companies will be going ex-dividend (XD) during the week.

In other words, you need to own their shares before a particular date this week to receive their dividends.

(The actual date, also known as payable date, that you will receive the dividend if you are a shareholder will differ, though.)

If you are a shareholder of any of these three companies, you can expect to see those dividends rolling in to your bank account!

Company #1: Koufu Group 

Koufu Group Limited (SGX: VL6) is one of the largest operators and managers of food courts and coffee shops in Singapore. 

The company is going ex-dividend on Tuesday (24 August) and will be dishing out an interim dividend of 1.0 Singapore cent per share for the 2021 second-quarter, doubling from 0.5 cent a year back. 

For the first half of 2021, Koufu’s revenue grew 18.8% year-on-year to S$105.7 million while net profit surged 291.2% to S$9.9 million. 

Koufu’s revenue increase was due to improvement in footfall of its food outlets and contribution from the newly acquired traditional snacks and dough products business, Deli Asia. 

Looking ahead, Koufu expects to commence the production of bakery, dim sum snacks and dough products from its integrated facility in the fourth quarter of this year. 

The new facility will help the company to diversify its revenue and expand its network. 

At Koufu’s share price of S$0.66, it has a trailing price-to-earnings (P/E) ratio of 21x and a dividend yield of 2.6%.

Company #2: Credit Bureau Asia 

On Thursday (26 August), Credit Bureau Asia Ltd (SGX: TCU) will be going ex-dividend.

Credit Bureau Asia is the parent company of Credit Bureau (Singapore) (CBS) and it was listed in December last year. 

CBS is the largest provider of credit bureau services, and banks use its services to find out about an individual’s credit history before extending loans to the person. 

Credit Bureau Asia is giving out an interim dividend of 1.7 Singapore cents per share for the 2021 second-quarter. 

The company’s revenue for the half-year ended 30 June 2021 grew 8.5% year-on-year to S$22.3 million.

The growth came on the back of strong performance from both its financial institution data business and non-financial institution data business.

Meanwhile, Credit Bureau Asia’s net profit rose 5.5% year-on-year to S$3.9 million. Excluding one-off exceptional items seen last year, earnings would have grown 15.5%. 

As for its plans going forward, the company said that it is currently in discussions with several parties in the region for strategic collaboration to expand its business.

Credit Bureau Asia updated in its latest earnings release that CBS is “close to finalizing agreements with the Digital Bank Licensees and will make the necessary announcements at the appropriate time”. 

At Credit Bureau Asia’s share price of S$1.24, it has a trailing P/E ratio of 42x and a dividend yield of 2.7% (annualising the interim dividend).

Company #3: Nanofilm Technologies 

Nanofilm Technologies International Ltd (SGX: MZH) is a provider of nanotechnology solutions in Asia. It went public in October 2020. 

The company is going ex-dividend on Friday (27 August). 

Nanofilm is dishing out an interim dividend of 1.0 Singapore cent for its second quarter of 2021.

For Nanofilm’s first half of 2021, revenue grew 24.2% year-on-year to S$96.6 million, but its net profit decreased by 3.1% to S$17.9 million. 

The higher revenue came on the back of increased revenue from its advanced materials business segment and industrial equipment business segment. 

A decline in revenue from its nanofabrication business segment, however, offset the increase.

The lower net profit for the period was due to higher expenses related to its new plant in Shanghai and new product introduction (NPI) projects which are yet to contribute to the company’s revenue. 

Nanofilm’s shares closed at S$4.14 each on Monday. At that price, the company has a P/E ratio of 47x and a dividend yield of 0.5% (annualising the interim dividend).

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(Note: The article below was originally published on 17 August 2021.)

Company #1: VICOM Limited 

On Wednesday (18 August), VICOM Limited (SGX: WJP) will be going ex-dividend.

The company is a provider of technical testing and inspection services, mainly in Singapore.

VICOM is dishing out 3.04 Singapore cents per share for its 2021 second-quarter, resuming its interim dividend payment that was ceased last year.

For the half-year ended 30 June 2021, VICOM’s revenue rose 23.4% year-on-year to S$49.2 million.

The growth was due to a healthier second quarter of 2021 without the effects of the circuit breaker that was in place in the early part of last year.

As a result of higher revenue, net profit also increased by 23.7% to S$12.0 million.

Looking ahead, VICOM said that the demand for its vehicle testing business is expected to remain strong.

This is due to the implementation of annual inspections for all licensed ride-hail and street-hail service provider vehicles in April 2021.

On the other hand, demand for VICOM’s non-vehicle testing business is expected to remain relatively weak due to manpower-related challenges and high compliance costs with regard to safe management measures put in place.

At VICOM’s share price of S$2.07, it has a trailing price-to-earnings (P/E) ratio of 27x and a dividend yield of 4.5%.

Company #2: Hongkong Land

Hongkong Land Holdings Limited (SGX: H78) is a property investment, management, and development company with assets in various Asian countries.

The property outfit will be going ex-dividend on Thursday (19 August) and will be paying a 2021 interim dividend of 6.0 US cents per share, similar to 2020.

Hongkong Land’s revenue for the first six months of 2021 rose 8% year-on-year to US$885.8 million, while its underlying net profit grew 12% to US$394 million.

Hongkong Land said that the better performance was on the back of:

1. Higher development properties profits due to the timing of sales completions, and
2. Resilient contributions from its investment properties segment, despite negative rental reversions in Hong Kong.

As for its outlook, Hongkong Land’s chairman Ben Keswick said the following in the company’s latest earnings release:

“While higher second-half underlying profits are expected from the Group’s Development Properties business due to more sales completions on the Chinese mainland, overall conditions are expected to be similar to those of the first-half.”

Right now, Hongkong Land’s shares are changing hands at US$4.27 apiece. At that price, the company has a price-to-book ratio of 0.3x and a trailing dividend yield of 5.2%.

Company #3: PropNex

On Friday (20 August), PropNex Limited (SGX: OYY) will be going ex-dividend.

PropNex is one of two listed real estate services providers in Singapore.

The company is giving out a 2021 interim dividend of 5.5 Singapore cents per share, up a whopping 267% from 1.5 Singapore cents dished out last year.

For the first half of 2021, PropNex’s top-line jumped 100.1%, while its bottom-line surged 111.2%.

PropNex said that the strong performance was due to more transactions completed in the first half of this year, following improvements in the COVID-19 situation and the economy.

Looking ahead, the company said in its earnings announcement:

“The Singapore residential market has proven to be resilient. Barring unforeseen circumstances, home sales across all segments (private new home, private resale and HDB resale) in 2021 are expected to outperform 2020.”

At PropNex’s share price of S$1.90, it has a trailing P/E ratio of 15x and a dividend yield of 5.0%.

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Disclaimer: The information provided by Seedly serves as an educational piece and is not intended to be personalised investment advice. ​Readers should always do their own due diligence and consider their financial goals before investing in any stock. The writer doesn’t own shares in any companies mentioned.