Only 6 Days Left To ComfortDelGro Corporation Limited (SGX:C52)’s Ex-Dividend Date, Should Investors Buy?

Lester Strauss
Updated

Important news for shareholders and potential investors in ComfortDelGro Corporation Limited (SGX:C52): The dividend payment of SGD0.06 per share will be distributed into shareholder on 14 May 2018, and the stock will begin trading ex-dividend at an earlier date, 03 May 2018. What does this mean for current shareholders and potential investors? Below, I will explain how holding ComfortDelGro can impact your portfolio income stream, by analysing the stock’s most recent financial data and dividend attributes. Check out our latest analysis for ComfortDelGro

Here’s how I find good dividend stocks

When researching a dividend stock, I always follow the following screening criteria:

  • Is its annual yield among the top 25% of dividend-paying companies?

  • Has it consistently paid a stable dividend without missing a payment or drastically cutting payout?

  • Has dividend per share amount increased over the past?

  • Is it able to pay the current rate of dividends from its earnings?

  • Will the company be able to keep paying dividend based on the future earnings growth?

SGX:C52 Historical Dividend Yield Apr 26th 18
SGX:C52 Historical Dividend Yield Apr 26th 18

How well does ComfortDelGro fit our criteria?

The company currently pays out 74.53% of its earnings as a dividend, according to its trailing twelve-month data, meaning the dividend is sufficiently covered by earnings. In the near future, analysts are predicting a payout ratio of 75.41%, leading to a dividend yield of 4.79%. In addition to this, EPS is forecasted to fall to SGD0.14 in the upcoming year. If dividend is a key criteria in your investment consideration, then you need to make sure the dividend stock you’re eyeing out is reliable in its payments. Although C52’s per share payments have increased in the past 10 years, it has not been a completely smooth ride. Investors have seen reductions in the dividend per share in the past, although, it has picked up again. Compared to its peers, ComfortDelGro produces a yield of 4.66%, which is high for Transportation stocks.

Next Steps:

Keeping in mind the dividend characteristics above, ComfortDelGro is definitely worth considering for investors looking to build a dedicated income portfolio. Given that this is purely a dividend analysis, I recommend taking sufficient time to understand its core business and determine whether the company and its investment properties suit your overall goals. There are three essential aspects you should look at:

  1. Future Outlook: What are well-informed industry analysts predicting for C52’s future growth? Take a look at our free research report of analyst consensus for C52’s outlook.

  2. Valuation: What is C52 worth today? Even if the stock is a cash cow, it’s not worth an infinite price. The intrinsic value infographic in our free research report helps visualize whether C52 is currently mispriced by the market.

  3. Other Dividend Rockstars: Are there better dividend payers with stronger fundamentals out there? Check out our free list of these great stocks here.


To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.