Did you know that in Singapore, companies report their financial results every quarter, ie. 4 times a year?
The months or dates on which companies report their financial results are rather predictable. Correspondingly, these are also the time that companies recommend or declare an upcoming dividend payout, if any.
Hence, you can almost always predict dividend payout seasons for some stocks.
Knowing this information helps us in preparing to buy a stock early in anticipation of good results and accompanying dividends.
Typical Reporting and Dividend Seasons:
Here are the typical reporting and dividend seasons for different companies depending on the financial year end dates:
We can now understand why certain months can be quiet months in the stock market!
Example: Let's Take A Look At SingTel's Reporting Seasons
SingTel's financial year ends on 31 Mar every year. By doing a search on SGX, we can list the past dates in 2016 that SingTel reported their financial results:
The reporting seasons for SingTel is likely Feb, May, Aug and Nov. If you do a search for the previous years, you would likely get similar months. These are the months you ought to keep a lookout on news about SingTel, which you can find on major newspapers and stock related websites such as www.theedgesingapore.com or www.shareinvestor.com.
Taking A Look At SingTel's Dividend Payout Seasons
By doing a search on SGX, we can list the past dates in 2016 that SingTel officially announced their dividends:
SingTel officially announces dividends twice a year, around June and November. A search on previous years will give you similar predictable timings.
How Much Dividends Are Paid Out Each Time?
Using StockFacts on SGX, we can search the amount of dividend payouts each time. Notice the timings and declared dividend amounts have a pattern?
Piecing the information together: A Clearer Picture
What's likely leading up for Singtel in the next few months, with respect to its dividends:
A Suggested Strategy
In consideration of the upcoming dividend announcement in mid-Nov 2017, we can watch and buy SingTel at low prices early, before the half yearly results release. After the declaration of dividends, the stock price has a good chance of rising by the dividend amount, before the stock goes ex-dividend. This would be a good time to take some profits during this two to three week (by at least the dividend amount declared).
By knowing this information, we can prepare ourselves to buy a stock early in anticipation of good results and accompanying dividends.
You may want to read:
- Where To Check Dividends Of A Stock?
- How To Get LTS Daily Research Report On Your Mobile
- Dividends: Checking The Stability Of A Stock's Payout
- Dividends: Are They Taxable?
