Dividend Payout Ratio

Definition of 'Dividend Payout Ratio'

The percentage of earnings paid to shareholders in dividends.

Calculated as:

   

Remember:

- A reduction in dividends paid is looked poorly upon by investors, and the stock price usually depreciates as investors seek other dividend-paying stocks.

- A stable dividend payout ratio indicates a solid dividend policy by the company's board of directors.

 

The payout ratio provides an idea of how well earnings support the dividend payments. More mature companies tend to have a higher payout ratio.

 

http://www.investopedia.com/terms/d/dividendpayoutratio.asp

 

Dividend Coverage Ratio

Dividend Coverage Ratio states the number of times an organization is capable of paying dividends to shareholders from the profits earned during an accounting period.



Dividend cover in respect of ordinary share capital may be calculated as follows:

Dividend Cover Ratio	=	Profit after tax - Dividend paid on Irredeemable Preference Shares
		Dividend paid to Ordinary Shareholders

Dividend Coverage Ratio indicates the capacity of an organization to pay dividends out of profit attributable to the share holders. A dividend cover of 3 implies that a company has sufficient earnings to pay dividends amounting to 3 times of the present dividend payout during the period. When calculating dividend coverage for ordinary share capital, it is necessary to deduct any dividend paid on irredeemable preference shares from the net profit earned during the accounting period in order to arrive at the earnings attributable to ordinary share holders. Dividend on redeemable preference shares is already deducted from the income statement as interest expense (finance cost) and hence no further adjustment is required in its respect in the dividend cover calculation.

http://accounting-simplified.com/financial/ratio-analysis/dividend-coverage.html

Koh Wee Meng - Founder, Executive Chairman and CEO of Singapore-listed Fragrance Group

Koh Wee Meng is a Singaporean property tycoon who has a net worth of $1.4 billion.

Koh Wee Meng broke off family's jewelry retailer Aspial in the 1990′s to make his fortune in real estate.

 He is the Founder, Executive Chairman and CEO of Singapore-listed Fragrance Group, a company that mostly buys and sells affordable residential properties and operates a budget hotel. It was in April 2012, when Koh spun off Fragrance's hotel arm into Global Premium Hotels, listing the budget hotel chain, while he is now expanding it into commercial real estate.

 In addition to his property business, Koh is an avid vintage car collector. As such, he made headlines back in 2008 for suing a Rolls-Royce dealer in Singapore for allegedly selling him a defective Phantom car.

http://www.celebritynetworth.com/richest-businessmen/richest-billionaires/koh-wee-meng-net-worth/

Ronald D. Widdows - Chairman of the World Shipping Council - CEO Rickmers Holding and Rickmers-Linie

Ron D Widdows joined Rickmers Group as Chief Executive Officer of Rickmers Holding and Rickmers-Linie in April 2012.

He has over 40 years' experience in the shipping industry, the last 31 years of which were with APL and Neptune Orient Lines Ltd where he held the position of Group President and CEO.

Mr. Widdows is currently the chairman of the World Shipping Council, which is based in Washington DC, and is on the Advisory Boards of the US Merchant Marine Academy in Kings Point NY and the International Transport Forum, based in Europe. He is a past chariman of the Transpacific Stabilization Agreement.

http://www.worldshipping.org/about-the-council/board-members/ronald-d-widdows

Edmund Cheng Wai Wing - Chairman of the Board of Directors of Mapletree Investments Pte Ltd

Mr Edmund Cheng is the Chairman of the Board of Directors of Mapletree Investments Pte Ltd (MIPL). He is also the Chairman of its Executive Resource and Compensation Committee and Investment Committee.

Mr Cheng is concurrently the Deputy Chairman of Wing Tai Holdings Limited, Chairman of SATS Ltd (both listed on the Singapore Exchange) and Executive Director of Wing Tai Malaysia Berhad (a company listed on Bursa Malaysia).

Apart from his wealth of experience as a property developer, Mr Cheng is actively involved in the public and private sectors. He is the immediate past Chairman of the National Arts Council where he was involved in national efforts to promote and develop an arts landscape that will enhance vibrancy in the economy and society (2005 – 2013). Mr Cheng previously served as Chairman of the Singapore Tourism Board (1993 – 2001), The Old Parliament House Limited (2002 – 2006), The Esplanade Co. Ltd (2003 – 2005), and as Founding Chairman of Design Singapore Council (2003 – 2008) and a member on the Board of Trustees of Nanyang Technological University (2007 – 2012). He also served on the Boards of the Urban Redevelopment Authority (1991 – 1994), the Construction Industry Development Board (1992 – 1994) and Singapore Airlines Limited (1996 – 2004). A past President of the Real Estate Developers’ Association of Singapore (REDAS), Mr Cheng remains a member of its Presidential Council.

Mr Cheng was awarded The Public Service Star (BAR) in 2010 and The Public Service Star (BBM) in 1999 by the Singapore Government for his significant contributions. He also received the Outstanding Contribution to Tourism Award from the President of Singapore in 2002. In 2009, he was conferred “Officier de l’Ordre des Arts et des Lettres” by the Government of the Republic of France.

http://www.mapletree.com.sg/Our-Company/Leadership/BOD.aspx

A Conceptual Approach to Singapore Taxation - Poh Eng Hin

Description

A book on Singapore income taxation and the goods and services tax presented along the lines of a seven-point conceptual framework comprising:

(1) Jurisdiction;
(2) Base;
(3) Allocation;
(4) Person;
(5) Cross-Border Linkages;
(6) Tax Expenditures; and
(7) Administration.

General Information

 

Author: Poh Eng Hin / Deborah M.Y. Poh

(Special thanks to Ms Dora Lim for being the principal author of Appendix 23-1 of the book)

Institution author affiliated to: Nanyang Business School, Nanyang Technological University, Singapore...

(Disclaimer: The views expressed in the book are the author’s own and do not necessarily reflect those of any institution to which the author is affiliated. While every effort has been taken to ensure the accuracy and completeness of the publication, the author expressly disclaims liability for any loss that may occasion to any party from any reliance placed on the work.)

Publisher: Pearson Education

ISBN: 978-981-45-2698-2

Year of publication: 2013 (1st edition)

No. of pages (main content): 922

Table of Contents:

PART 1: INTRODUCTION AND THE CONCEPTUAL FRAMEWORK
Overview of Part 1
Chapter 1: Introduction to Taxation
Chapter 2: The Conceptual Framework and The Legal Framework
Chapter 3: The Conceptual Framework Applied to Income Taxation

PART 2: JURISDICTION
Overview of Part 2
Chapter 4: Defining the Income Tax Jurisdiction
Chapter 5: Defining Heads of Charge
Chapter 6: Determining the Residence of the Person
Chapter 7: Locating the Geographical Source of the Income

PART 3: BASE
Overview of Part 3
Chapter 8: Exemptions
Chapter 9: Deductions
Chapter 10: Capital Allowances
Chapter 11: Quantifying Statutory Income
Chapter 12: Quantifying Assessable Income
Chapter 13: Quantifying Chargeable Income

PART 4: PERSON
Overview of Part 4
Chapter 14: Income Tax Aspects Peculiar to Companies
Chapter 15: Income Tax Aspects Peculiar to Individuals
Chapter 16: Taxation of Partnership Income
Chapter 17: Taxation of Other Entities

PART 5: CROSS-BORDER LINKAGES
Overview of Part 5
Chapter 18: Double Taxation and Tax Treaties
Chapter 19: Residents Receiving Foreign Income in Singapore
Chapter 20: Non-Residents Deriving Singapore Income

PART 6: ALLOCATION
Overview of Part 6
Chapter 21: Further Allocation Issues

PART 7: ADMINISTRATION
Overview of Part 7
Chapter 22: Income Tax Administration

PART 8: TAX EXPENDITURES
Overview of Part 8
Chapter 23: Overview of Income Tax Incentives

PART 9: GOODS AND SERVICES TAX
Overview of Part 9
Chapter 24: Introduction to the GST
Chapter 25: GST in Singapore


ORDER / CONTACT DETAILS:
To order the book or to contact the author, please send a private message via this Facebook page.

 
https://www.facebook.com/pages/A-Conceptual-Approach-to-Singapore-Taxation/515803501818636

AIMS AMP Capital Industrial REIT Dividends Summary

AIMS AMP Capital Industrial REIT Dividends Summary from 2009 to 2013

Dividend Yield  based on closing price as at 23rd Dec 2013 $1.42 is 7.72%