2 Companies are Paying High Dividend This Week

Singapore high dividend stock always attracts Singapore traders. Dividends are another key return metric to consider, as it speaks to real money dispensed by the organization into investors’ pocket.

Here Multi Management Future Solutions presenting some outstanding stats of two well known Singapore undervalued stocks, SATS Ltd (SGX: S58) and Singapore Airlines Ltd (SGX: C6L) which will pay the high dividend this week just take a look-

SATS Ltd

SATS Ltd. provides gateway services and food solutions. The Company specializes in airfreight, ramp and baggage handling, passenger services, aviation security services, aircraft cleaning, and cruise center management.
It also provides airline catering, institutional catering, aviation laundry, and food distribution and logistics. SATS has a presence across Asia and the Middle East.

SATS Ltd (SGX: S58), a provider of food and gateway services solutions, is penciled in to go ex-dividend. SATS is dishing out 6.0 Singapore cents per share for its second quarter.

For the three months ended 30 September 2018, revenue rose 4.2% to S$453.1 million due to improved performances from both the Food Solutions division and Gateway Services division. Net profit, though, fell 9% to S$65.7 million. Excluding a one-time gain of S$7.0 million recorded from the sale of assets in the second quarter of last year, underlying net profit would have improved by 0.8%.

SATS Ltd Dividend History Table

	March	Sep	Total	Yield
2018	12.0000 4Q	6.0000 2Q	18	3.86%
2017	11.0000 4Q	6.0000 2Q	17	3.65%
2016	10.0000 4Q	6.0000 2Q	16	3.43%
2015	9.0000 4Q	5.0000 2Q	14	3.00%
2014	8.0000 4Q	5.0000 2Q	13	2.79%

Shares in SATS ended Friday at S$4.89 each, giving a price-to-earnings (PE) ratio of 20 and a dividend yield of 3.7%.

Singapore Airlines Ltd 

Singapore Airlines Limited provides air transportation, engineering, pilot training, air charter, and tour wholesaling services. The Company's airline operation covers Asia, Europe, the Americas, South West Pacific, and Africa.

Singapore’s flag carrier, Singapore Airlines Ltd (SGX: C6L), will be going ex-dividend. SIA is paying 8.0 Singapore cents per share for its second quarter.

For the three months ended 30 September 2018, revenue rose 5.6% to S$4.1 billion, but net profit plunged 81% to S$56.4 million. The lower bottom-line was mainly due to higher operating expenses and increased share of losses from associates and joint ventures. You can learn more about SIA’s earnings here.

Singapore Airlines Ltd Dividend History Table

	March	Sep	Total	Yield
2018	30.0000 4Q	8.0000 2Q	38	3.91%
2017	11.0000 4Q	10.0000 2Q	21	2.16%
2016	35.0000 4Q	9.0000 2Q	44	4.52%
2015	17.0000 4Q	10.0000 2Q	27	2.78%
2014	11.0000 4Q 25.00004Q,SD	5.0000 2Q	16.0000 25.0000 SD	4.21%

SIA shares ended at S$9.39 each on Friday, giving a PE ratio of 17 and a dividend yield of 4.0%.

Growth Delivered Singapore REIT In last Earning

The earnings season is on the trading door. Singapore REITs have always been one of the favorite investment choices for investors due to their stable earnings qualities.

Here Multi Management Future Solutions presenting the outlook of two REITs that have lived up to their investors’ expectation by delivering positive performances in their latest earnings updates.

The first REIT on the list is Ascott Residence Trust (SGX: A68U). Ascott Reit was established with the objective of investing primarily in real estate and real estate-related assets which are income-producing and which are used or predominantly used, as serviced residences, rental housing properties, and other hospitality assets. Ascott Reit’s asset size has grown to S$5.3 billion since it was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in March 2006. Its sponsor is Singapore undervalued stock and property giant, CapitaLand Limited.     

As the Q3 ended on 30 September 2018, Ascott reported that revenue grew 6% YOY  to S$134.5 million while gross profit improved by 9% to S$64.2 million. Its DPU was up 8% to 1.82 cents as compared to a year ago. Revenue improved as a result of accession, as well as stronger contribution from existing properties.

As of 30 September 2018, the REIT’s gearing stood at 36.4%, which is a safe distance from the regulatory ceiling of 45%. 

The next REIT on the list is Mapletree Logistics Trust (SGX: M44U). Mapletree Logistics Trust is an Asia-focused logistics real estate investment trust. The Trust invests in a diversified portfolio of income-producing logistics real estate in Singapore, Japan, Hong Kong, South Korea, China, Australia, Malaysia, and Vietnam.

In the latest quarter ended 30 September 2018, MLT reported that gross revenue grew 13.8% YOY to S$106.6 million while net property income improved by 14.6% during the period to S$90.2 million. Also, DPU was up by 3.8% year-on-year to 1.958 cents. The growth in DPU was achieved despite an increase in units from 2.5 billion last year to 3.2 billion this year. The stronger performance was mainly driven by growth from the existing portfolio, as well as contributions from two acquisitions in Hong Kong.

DBS Q3 Profit Sink Below Estimate, Loan Outlook Dims

The Q3 profit of Southeast Asia’s biggest lender, DBS Group Holdings Ltd. reported slightly below estimates on Monday (Nov 5), identifying the trade war worries and property cooling measures likely to hold back its loan book growth next year.

Concerns about the impact of an intensifying tariff dispute between China and the United States on Singapore's export-reliant economy, and curbs on the city-state's property market, have spatter the outlook for banks after they reported record profits last year.

DBS Group Holdings Limited is leading Singapore blue-chip stocks in Banking segment, its subsidiaries provide a variety of financial services. The Company offers services including mortgage financing, lease and hire purchase financing, nominee and trustee, funds management, corporate advisory and brokerage .

This Singapore undervalued stock also acts as the primary dealer in Singapore government securities. The net profit of DBS came in at S$1.41 billion (US$1 billion) in the three months ended September versus S$822 million a year earlier, and an average estimate of S$1.47 billion.

DBS biggest single-day percentage fall in nearly three months. The shares fell 2.6 % in afternoon trade. Singapore state investor Temasek Holdings own 29% share of DBS, posted results after Oversea-Chinese Banking Corp announced a record quarterly profit and United Overseas Bank reported profit rose 17 per cent.

DBS's net interest margin, a key gauge of profitability, rose 13 basis points from a year ago to 1.86 per cent. Total income jumped 10 per cent to a record S$3.38 billion, DBS said, while net interest income rose 15 per cent.