Sunningdale Tech 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 can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. As a long term investor, I favour these great dividend-paying stocks that continues to add value to my portfolio.
Sunningdale Tech Ltd (SGX:BHQ)
Sunningdale Tech Ltd. manufactures and sells dies, tools, jigs, fixtures, high precision steel moulds, and plastic products. Established in 1995, and currently headed by CEO Boo Hor Khoo, the company currently employs 9,000 people and with the company’s market capitalisation at SGD SGD244.07M, we can put it in the small-cap group.
BHQ has a great dividend yield of 5.43% and distributes 41.99% of its earnings to shareholders as dividends , with the expected payout in three years being 43.24%. While the yield has dropped at times in the last 10 years, dividends per share during this time have increased overall from S$0.06 to S$0.07. Continue research on Sunningdale Tech here.
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. Started in 2001, and now run by Andy Luong, the company employs 491 people and with the stock’s market cap sitting at SGD SGD584.71M, it comes under the small-cap stocks category.
558 has a sumptuous dividend yield of 5.14% and their payout ratio stands at 47.42% , with an expected payout of 66.64% in three years. Although investors would have seen a few years of reduced payments, it has picked up again, with dividends increasing from S$0.0064 to S$0.056 over the past 10 years. Interested in UMS Holdings? Find out more here.
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, and Maldives. Chip Eng Seng was started in 1998 and with the company’s market cap sitting at SGD SGD611.70M, it falls under the small-cap category.
C29 has a sumptuous dividend yield of 4.06% and is distributing 69.96% of earnings as dividends . Over the past 10 years, C29 has increased its dividends from S$0.0075 to S$0.04. It should comfort existing and potential future shareholders to know that C29 hasn’t missed a payment during this time. Analysts are enthusiastic about the company’s future growth, estimating a 85.35% earnings per share increase in the next three years. Dig deeper into Chip Eng Seng here.