The professional services sector tends to be highly cyclical, impacting companies operating in areas ranging from airlines to auto parts and equipment to infrastructure. As such, the position a company has relative to the economic cycle drives its level of profitability. Cash flow availability also drives dividend payout, so in times of growth, these transport companies could provide hefty dividend income for your portfolio. As a long term investor, I favour these transport and automobile stocks with great dividend payments that continues to add value to my portfolio.

SIA Engineering Company Limited (SGX:S59)

S59 has a juicy dividend yield of 4.04% and the company currently pays out 83.16% of its profits as dividends , with analysts expecting the payout in three years to be 86.24%. While there’s been some level of instability in the yield, S59 has overall increased DPS over a 10 year period from S$0.12 to S$0.13. More on SIA Engineering here.

ComfortDelGro Corporation Limited (SGX:C52)

C52 has a juicy dividend yield of 4.75% and pays out 74.53% of its profit as dividends , with analysts expecting the payout ratio in three years to be 74.88%. Although there has been some volatility in the company’s dividend yield, the DPS over a 10 year period has increased from S$0.10 to S$0.10. Interested in ComfortDelGro? Find out more here.

SATS Ltd. (SGX:S58)

S58 has a nice dividend yield of 3.15% and the company currently pays out 72.06% of its profits as dividends , with analysts expecting a 73.91% payout in three years. Although investors would have seen a few years of reduced payments, it has so far always picked up again, with dividends increasing from S$0.10 to S$0.17 over the past 10 years. Interested in SATS? Find out more here.

For more solid dividend paying companies to add to your portfolio, explore this interactive list of top dividend payers.

To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.