Dividends proposed by CapitaLand – 2006 to 2012

CapitaLand released its unaudited 2012 full year financial results today.

2006 2007 2008 2009 2010 2011 2012
Net Profit ($b) $1.01 $2.75 $1.26 $1.05 $1.27 $1.05 $0.93
EPS (cents) 36.6 98.6 37.0 26.2 29.9 24.8 21.9
Ord div (cents) 7.0 8.0 5.5 5.5 6.0 6.0 7.0
Special div (cents) 5.0 7.0 1.5 5.0 0.0 2.0 0.0
Total div (cents) 12.0 15.0 7.0 10.5 6.0 8.0 7.0
Share price at y/e $6.20 $5.90 $2.40 $3.86 * $3.60 $2.21 $3.70

* rights issue of 1 for 2 at start of FY2009

Net Profits

Net profit attributable to shareholders dropped below $1 billion mark for 2012. See table above.

Earnings per share continued to decline in 2012. It was 21.9 cents, lower by 2.9 cents from 2011.

Dividend

Dividend proposed for 2012 is 7.0 cents. No special dividend was recommended. Total dividend is 1.0 cent less than 2011.

CapitaLand dividend policy is to declare at least 30% of annual profit after tax and non-controlling interests excluding unrealised revaluation gains or losses as well as impairment charges or write backs.

Share Price

The share price as at end of 2012 jumped to $3.70 over a one-year period from a low of $2.21 in 2011. As a result, dividend yield based on year-end share prices declined significantly in 2012:

2012   1.89%
2011   3.6%

At this moment, share price declined 10 cents to $3.91 after the release of financial results this morning.

Copyright © 2013, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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