Nam Lee Pressed Metal Industries is one of the top dividend stocks I think are worth considering today. Dividend stocks are a great way to hedge your portfolio as they provide both steady income and cushion against market risks. Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. As a long term investor, I favour these great dividend-paying stocks that continues to add value to my portfolio.
Nam Lee Pressed Metal Industries Limited (SGX:G0I)
Nam Lee Pressed Metal Industries Limited, together with its subsidiaries, designs, fabricates, supplies, and installs steel and aluminum products in Singapore, Malaysia, and Hong Kong. The company was established in 1975 and with the stock’s market cap sitting at SGD SGD98.11M, it comes under the small-cap group.
G0I has an alluring dividend yield of 4.94% and has a payout ratio of 23.59% , with analysts expecting the payout ratio in three years to be 51.13%. While there’s been some level of instability in the yield, G0I has overall increased DPS over a 10 year period from $0.01 to $0.02.
UMS Holdings Limited (SGX:558)
UMS Holdings Limited, an investment holding company, provides high precision front-end semiconductor components, and electromechanical assembly and final testing services. UMS Holdings was founded in 2001 and with the company’s market capitalisation at SGD SGD579.34M, we can put it in the small-cap stocks category.
558 has an alluring dividend yield of 4.63% and pays out 53.43% of its profit as dividends , with analysts expecting this ratio in three years to be 61.46%. While there’s been some level of instability in the yield, 558 has overall increased DPS over a 10 year period from $0.01 to $0.05.
Chip Eng Seng Corporation Ltd (SGX:C29)
Chip Eng Seng Corporation Ltd, an investment holding company, engages in the construction, property development and investment, and hospitality businesses primarily in Singapore, Australia, Malaysia, Vietnam, and Maldives. Chip Eng Seng was started in 1998 and with the stock’s market cap sitting at SGD SGD621.01M, it comes under the small-cap category.
C29 has a solid dividend yield of 3.96% and has a payout ratio of 69.28% . C29’s last dividend payment was $0.04, up from it’s payment 10 years ago of $0.01. During this period, the company has not missed a dividend payment – as you would expect from a company increasing their dividend. Chip Eng Seng’s performance over the last 12 months beat the sg construction industry, with the company reporting 17.32% EPS growth compared to its industry’s figure of -8.11%.