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3 SGX Dividend Stocks Offering Up To 9.7% Yield

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As the Singapore market navigates a dynamic economic landscape, investors are increasingly looking towards dividend stocks as a source of stable returns amidst fluctuating indices. In this environment, identifying stocks with strong fundamentals and attractive yields can offer a reliable income stream, making them an appealing choice for those seeking to bolster their portfolios.

Top 10 Dividend Stocks In Singapore

Name

Dividend Yield

Dividend Rating

BRC Asia (SGX:BEC)

6.87%

★★★★★☆

Bumitama Agri (SGX:P8Z)

6.11%

★★★★★☆

Singapore Airlines (SGX:C6L)

7.50%

★★★★★☆

YHI International (SGX:BPF)

6.30%

★★★★★☆

Singapore Exchange (SGX:S68)

3.11%

★★★★★☆

QAF (SGX:Q01)

5.99%

★★★★★☆

Aztech Global (SGX:8AZ)

9.71%

★★★★☆☆

Oversea-Chinese Banking (SGX:O39)

5.73%

★★★★☆☆

Delfi (SGX:P34)

6.56%

★★★★☆☆

Nordic Group (SGX:MR7)

4.30%

★★★★☆☆

Click here to see the full list of 19 stocks from our Top SGX Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Aztech Global

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Aztech Global Ltd. operates in the research, development, engineering, and manufacturing of IoT devices, data-communication products, and LED lighting products across Singapore, North America, China, Europe, and other international markets with a market cap of SGD794.95 million.

Operations: Aztech Global Ltd. generates its revenue from the research, development, engineering, and manufacturing of IoT devices, data-communication products, and LED lighting products across various international markets.

Dividend Yield: 9.7%

Aztech Global recently announced a share buyback program and increased its interim dividend to S$0.05, reflecting strong earnings growth with net income rising to S$46.66 million for H1 2024. Despite only three years of dividend payments, Aztech's current yield is among the top in Singapore's market, supported by a reasonable payout ratio of 74.4%. However, its dividend history is volatile and not yet stable over the long term.

SGX:8AZ Dividend History as at Oct 2024
SGX:8AZ Dividend History as at Oct 2024

Nordic Group

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Nordic Group Limited, with a market cap of SGD133.70 million, operates as an investment holding company providing solutions in system integration, maintenance, repair, overhaul, trading, precision engineering, scaffolding, insulation, petrochemical and environmental engineering as well as cleanroom and air and water engineering globally.