A few dividend paying companies have upcoming dividends soon. Ideal for passive income seekers, these good quality dividend stocks have their ex date in the current month.
Autosports Group Limited (ASX: ASG)
Share price – $2.06
Annual dividend yield - 5.63%
Dividend Pay date - 30 May 2025
Dividend amount per share - $0.035
Franking – 100%
Dividend ex-date - 15 May 2025
Market cap - 412.97M
As of 5 May 2025
Autosports Group Limited’s business includes selling new and used automobiles, distributing finance and insurance products, and supplying aftermarket components, spare parts, vehicle servicing, and collision repairs. The Group’s operations include 67 dealerships selling new and used prestige and luxury vehicles, 3 used motor vehicle outlets, 6 motorcycle dealerships, and 9 specialist collision repair facilities.
Autosports Group reported a 2.1% increase in total revenue for the half-year ended 31 December 2024, amounting to $1,369.44M. The profit after income tax decreased significantly by 70.4% to $10.41 million. The Group's gross margin was 18.3%, a decrease of 1.4% compared to the previous corresponding period. for the half-year include a 25.7% decrease in EBITDA to $80.1 million and a 63.1% decrease in normalised NPBT to $20.2 million.
The group completed the acquisition of Stillwell Motor Group in Victoria on 1 October 2024, which added BMW, MINI, BMW Motorrad, Volvo, MG, and Ducati dealerships to the Group’s portfolio. The interim dividend of 3.5 cents per ordinary share was declared on 20 February 2025 for the year ending 30 June 2025.
United Overseas Australia Limited (ASX: UOS)
Share price - $0.545
Annual dividend yield - 4.54%
Dividend Pay date - 06 Jun 2025
Dividend amount per share - $0.02
Franking – 0%
Dividend ex-date - 15 May 2025
Market cap - 916.90M
As of 5 May 2025
United Overseas Australia Ltd has demonstrated resilience and growth in the face of a challenging global economic landscape. The Group's after-tax profit increased by 15.6% to $91.6 million in the 2024 financial year. This performance allowed the Board to declare a final dividend of 2 cents per share. Key financial metrics illustrate this stability. Basic earnings per share rose to 5.58 cents. Return on assets reached 6.27% while return on equity was 8.91%. The Group also reported a stable net debt to equity ratio of 13.30%.
The Group also expanded its property portfolio. Significant projects include Duo Tower and Bamboo Hills Residences in Kuala Lumpur Malaysia. The UOAD Group in Malaysia reported strong results. Their total revenue was AUD $182.1 million. Profit after tax reached AUD $98.4 million. UOA Tower in Vietnam also contributed positively by achieving higher occupancy and rental rates.
United Overseas Australia Ltd is committed to navigating the uncertainties of the economic climate while delivering ongoing value to its stakeholders. The Group is prioritizing the advancement of important projects such as Aster Hill and a Medical Centre in Bangsar South, expected to be major catalysts for growth by addressing the rising need for residential and commercial properties in the Klang Valley region. The funding strategy for these developments involves utilizing internally generated funds, as the Group aims to maintain financial prudence with controlled gearing levels.
(Source: Company Announcements)
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