Below is an article from guest blogger, Richard who works as a stock analyst and has 3 years of experience in the stock market. He likes to write articles and hope to share his experiences with investors in Singapore If you would like additional SGX Dividend Stocks data, information or screening tools, please visit website http://sg.dividendinvestor.com, a leading source for in-depth research and analysis for stock investments.
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The Government of Singapore adopts an open door policy and welcomes foreign investors. It believes that by attracting multinational companies to invest in Singapore, the county can overcome the handicaps of size, small population and lack of natural resources. The multinational companies in Singapore have brought technological and managerial skills, access to new markets and investment capital to Singapore.
According to the 2010 report a total of s$12.9 billion of foreign investments was committed. Investors should focus on the K1 Ventures while building a portfolio of ex dividend calendar Singapore stocks. Let’s read more about the company.
K1 Ventures Limited is a diversified investment company in Singapore which is originally engaged in engineering and anchorage repair activities. The company has invested in diverse sectors which include transportation leasing, education, oil and gas exploration, financial services and automotive retail. The company prefers to make investments through a mixture of debt and equity financing and will take a minority or controlling position based on each investment and such investments can be structured using is ability to invest across an entire capital structure, from senior dent to common equity.
The company has two operating segments: The Transportation Leasing segment and Investments segment. The Transportation segment represents Helm’s locomotive and railcar leasing business in North America. The Investment segment consists of its investment in quoted and unquoted investments. Its operating activities and investment activities are predominantly in the United Sates.
K1 Ventures Limited Company was formerly known as Singmarine Shipyard (Private) Limited. It was incorporated on July 7, 1970. On July 8, 1987 the company was converted to a public limited company and changed its name to Singmarine Industries Ltd. in the year of 1997, in a Group-wide corporate exercise, it changed its name to Keppel Marine Industries Limited.
In 1999, in a further consolidation of Keppel Group’s marine business, the Company sold its marine-related business to Keppel Hitachi Zosen. It also divested its interest in Keppel’s listed companies. On 27 July 2000, it subsequently adopted the name K1 Ventures Limited and now it is known as an investment holding company.
In 2005 the company completed the acquisition of 80.1% of the issued shares in Helm Holding Corporation a cash consideration of US$110.5 million. It entered into a purchase agreement for the sale of its 99.9% owned subsidiary.
14 February 2013, the company announced that the Board of Directors has recommended a tax exempt one-tier interim dividend of 1.0 cents per share. The dividend was paid to shareholders on April 4, 2013.
13 August 2013, it announced that the Board of Directors recommended a tax exempt one-tier final dividend of 2.0 cents per share, in respect of the financial year ended June 30, 2013 for approval by shareholders at the next Annual General Meeting to be convened.
The company has a market capitalization of 454.78 Million, EPS is 0.03, P/E ratio is 8.33 and the dividend yield is 14.29% at the annual dividend payout of 0.02.
The purpose of this article is to provide information to investors only. The company wants to be a world-class investment company. It works with the aim of maximizing returns for shareholders by investing in a wide range of investments across diverse industry sectors, with a constant view towards risk management. This stock is currently performing well and can be a profitable investment for your portfolio. But you should do your own research before purchasing this stock.
I hope this article will be helpful for you. More information related to this stock such as dividend data, dividend history, latest news you can visit the site http://sg.dividendinvestor.com/