3 SGX Dividend Stocks With Yields Up To 6.3%
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In recent times, the Singapore market has been navigating a complex global landscape, influenced by geopolitical tensions and economic shifts such as the ongoing situation in Ukraine. Amidst these uncertainties, investors often seek stability and income through dividend stocks, which can offer attractive yields even in fluctuating markets. A good dividend stock typically provides consistent payouts and demonstrates resilience against broader market volatility.
Top 10 Dividend Stocks In Singapore
| Name | Dividend Yield | Dividend Rating |
| BRC Asia (SGX:BEC) | 6.93% | ★★★★★☆ |
| Bumitama Agri (SGX:P8Z) | 6.14% | ★★★★★☆ |
| Singapore Airlines (SGX:C6L) | 7.42% | ★★★★★☆ |
| YHI International (SGX:BPF) | 6.30% | ★★★★★☆ |
| Singapore Exchange (SGX:S68) | 3.09% | ★★★★★☆ |
| Aztech Global (SGX:8AZ) | 9.80% | ★★★★☆☆ |
| Genting Singapore (SGX:G13) | 4.85% | ★★★★☆☆ |
| Oversea-Chinese Banking (SGX:O39) | 5.74% | ★★★★☆☆ |
| Delfi (SGX:P34) | 6.60% | ★★★★☆☆ |
| Nordic Group (SGX:MR7) | 4.24% | ★★★★☆☆ |
Click here to see the full list of 19 stocks from our Top SGX Dividend Stocks screener.
We're going to check out a few of the best picks from our screener tool.
YHI International
Simply Wall St Dividend Rating: ★★★★★☆
Overview: YHI International Limited is an investment holding company that, along with its subsidiaries, distributes automotive and industrial products across Singapore, Malaysia, China, Hong Kong, Taiwan, Australia, New Zealand and internationally with a market cap of SGD145.86 million.
Operations: YHI International Limited generates revenue from several segments, including Distribution - ASEAN (SGD119.40 million), Distribution - Other (SGD33.31 million), Manufacturing - ASEAN (SGD55.05 million), Distribution - Oceania (SGD140.24 million), Distribution - North East Asia (SGD17.99 million), and Manufacturing - North East Asia excluding rental income (SGD57.20 million).
Dividend Yield: 6.3%
YHI International recently reported half-year sales of S$198.61 million, up from S$186.56 million the previous year, with net income rising slightly to S$7.71 million. Despite a volatile dividend history over the past decade, its current cash payout ratio of 43.3% suggests dividends are well-covered by cash flows, while a payout ratio of 68.9% indicates sustainability through earnings. The dividend yield is competitive within Singapore's market but lacks reliability in growth consistency.
Jardine Cycle & Carriage
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Jardine Cycle & Carriage Limited is an investment holding company involved in financial services, heavy equipment, mining, construction and energy, agribusiness, infrastructure and logistics, information technology, and property sectors in Indonesia and internationally with a market cap of SGD11.10 billion.