Upcoming Dividends – November Part 2

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Upcoming Dividends

Kathmandu Holdings Ltd

Decent gross margins: Kathmandu Holdings Ltd (ASX: KMD) is a specialist outdoor retailer, manufacturing their own products. The firm is a product led and design led company while their core strategy is to design original sustainable engineered and adaptive products. Customer centricity is a major focus area. The group delivered a solid FY18 performance, with sales rising nearly 11.7% yoy to $500 million while the group generated a net profit after tax rise of 33% to $15 million. The firm’s Gross margin enhanced 140 basis points driven by the quality of their products and promotions. Better full price sell-through and rising average selling prices contributed to the performance.

Dividend ex-date             16/11/18

Dividend pay date            30/11/18

Franking                               100%

Annual dividend yield     4.4%

Washington H. Soul Pattinson and Co. Ltd

Diversified player: Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) built a diversified portfolio having many investments and focuses on sectors including: telecommunications, building products, mining, equities, pharmaceuticals, property and financial services. The firm reported FY18 profit after tax of $331.1 million, rising 17.4% against pcp. The firm’s portfolio profit is contributed by its portfolio with New Hope Corporation rising 74.7%; Apex Healthcare soaring 33.6%, Financial Services Portfolio, increasing 19.3% and Brickworks Limited, increasing 8.0%.

Dividend ex-date             16/11/18

Dividend pay date            10/12/18

Franking                               100%

Annual dividend yield     2.17%

portfolio

Portfolio performance (Source: Company reports)   

Tamawood Limited

Healthy dividend player: Tamawood Limited (ASX: TWD) reported a net profit after tax attributable to members of $8.692 million (2017: $9.066 million). The fully franked dividend for FY18 remains at 27 cents and is likely to be maintained for FY19. The group implemented a customer share reward program with the issue of 30,700 shares in FY18 and this will continue in FY19. Tamawood Limited, a home building company, has been the first one to set architect encouraged and designed homes based on a profitable, and marketable system for over 20 years.

Dividend ex-date             16/11/18

Dividend pay date            03/12/18

Franking                               100%

Annual dividend yield     6.6%

grossed up

Grossed up (Fully Franked) Dividend Yield for FY18 (Source: Company reports)

WAM Capital Limited

Acquiring WDE: WAM Capital Limited (ASX: WAM) made a Bidder’s Statement related to an off-market takeover offer by WAM to acquire 100% of the WDE Shares on issue for scrip consideration of 1 WAM Share for every 2.5 WDE Shares you hold (the Offer). Management recommended shareholders to ACCEPT the Offer. WAM is an investment firm with focus on small to mid-cap international companies. The firm has diversified portfolio with investments in undervalued growth companies.

Dividend ex-date             16/11/18

Dividend pay date            26/11/18

Franking                               100%

Annual dividend yield     6.2%

CBG Capital Ltd

Returns beating benchmark: CBG Capital Ltd.’s (ASX: CBC) portfolio returned +3.6% after fees pre-tax in August, while there was +1.4% rise in the S&P/ASX 200 Accumulation Index. Since the twelve months ending August, the portfolio returned 22.6% after fees pre-tax. The firm is an Australian equity listed investment company (LIC) managing a portfolio of investments in listed Australian companies.

Dividend ex-date             19/11/18

Dividend pay date            27/11/18

Franking                               100%

Annual dividend yield     3.2%

Dividend Stocks To Buy

The Income available from dividends remains attractive for many investors.

We take a look at the best yields on the market and assess what they say about a company’s prospect.

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ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.

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