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SGX Stock: Offering Attractive Yield

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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. 
The economy of Singapore is mainly supported by the activities in the manufacturing and services sectors. The manufacturing activities account for about a fifth of the country’s overall Gross Domestic Product (GDP) while the services sectors contribute approximately two-thirds of GDP. The country is actively promoting the growth of the quaternary sector of its economy i.e. the knowledge-based part. I am sharing about one of the Singapore Dividends which will make profit for investors who are seeking to invest in SGX stocks.
SGX
Singapore Press Holdings Limited (SPH) Profile

Singapore Press Holdings Limited is a media organization in Singapore with businesses in print, Internet and new media, television and radio, outdoor media and property. It is engaged in publishing, printing and distribution of newspapers, distribution of magazines and books, providing services of multimedia content, holding shares in subsidiaries, holding investments and providing management services to subsidiaries. It publishes 18 newspapers titles in four languages. The company has over 4,000 employees, which include a team of approximately 1,000 journalists, including correspondents operating around the world. 
SPH Magazines a subsidiary of SPH publishes more than 100 periodicals in Singapore and the region. Its flagship newspapers include the Straits times, the English language daily and Lianhe Zaobao, the Chinese-language daily. It is one of the country’s “blue-chip” counters on SGX, and makes about s$480-500 million worth of profits every year. 
History 
Singapore Press Holding Ltd was formed in 1984 with a merger of three organizations such as the Straits Times Press group, the Singapore News and Publications Limited and Times Publishing Berhad. In October 1988, Times Publishing Berhad de-merged from the Group. Following the demerger the Group continued to operates as three fairly autonomous subsidiary companies, the third being Singapore Newspaper Services Pte Ltd. which handle the printing and distribution of the Group’s newspapers and magazines.
In the year of 2007 the Singapore Press Holding Ltd introduced Sky@eleven which was its first development. In 2009, the company celebrated its 25th anniversary. It also changed its corporate logo for the first time. The new logo was launched on 30 March 2009, by former President S.R Nathan and Chairman Tony Tan Keng Yam. In April 2013 the SPH acquired SGCM Pte Ltd, On April 22, 2013 it incorporated TPR Holdings Pte Ltd. 
Announcements
On 12 April, 2013 the SPH announced that the directors have declared an interim dividend of SGD0.07 per share which was paid on May 23, 2013. On 27 May 2013 the company announced that it proposes to seek the approval of shareholders for the declaration of a special one-tier tax exempt dividend of SGD0.18 per share in SPH, which the shareholders will receive in cash on such dates as the Directors shall determine in their discretion after the completion of the Proposed Transfer. 
On 9 July 2013, it announced that further to its announcement dated May 27, 2013 in relation to the receipt of the eligibility-tolist letter from Singapore Exchange Securities Trading Limited (SGX). In the same month the company announced that it has incorporated two companies such as Chromium Pte Ltd and Germanium Pte Ltd. via its subsidiaries which include SPH Zeta Pte Ltd and Times Properties Private Limited.
On August 22, 2013 the company announced that wholly owned subsidiary, SPH Net Pte Ltd together with the other shareholders of OpenNet Pte Ltd have entered into a share sale and purchase agreement with CityNet Infrastructure Management Pte Ltd, in capacity as trustee-manager of Netlink Trust. 
Dividend History
The company has a current market capitalization of 6.42 Billion, EPS is 0.28, P/E ratio is 14.32 and the dividend yield is 4.03% at the annual dividend payout of 0.18.
For further information about Singapore Dividends please visit our site http://sg.dividendinvestor.com/

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