Tuesday 27 November 2018

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


MarchSepTotalYield
201812.0000 4Q6.0000 2Q183.86%
201711.0000 4Q6.0000 2Q173.65%
201610.0000 4Q6.0000 2Q163.43%
20159.0000 4Q5.0000 2Q143.00%
20148.0000 4Q5.0000 2Q132.79%

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

MarchSepTotalYield
201830.0000 4Q8.0000 2Q383.91%
201711.0000 4Q10.0000 2Q212.16%
201635.0000 4Q9.0000 2Q444.52%
201517.0000 4Q10.0000 2Q272.78%
201411.0000 4Q
25.00004Q,SD
5.0000 2Q16.0000
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%.

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