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As the global banking sector experiences significant shifts, with UK neobanks rapidly gaining ground on traditional banks, investors are keenly watching market trends to identify stable investment opportunities. In this context, dividend stocks on the Singapore Exchange (SGX) present an appealing option for those looking to potentially enhance their portfolios with steady income streams in a dynamic market environment.
Top 10 Dividend Stocks In Singapore
| Name | Dividend Yield | Dividend Rating |
| BRC Asia (SGX:BEC) | 6.99% | ★★★★★☆ |
| UOB-Kay Hian Holdings (SGX:U10) | 6.67% | ★★★★★☆ |
| China Sunsine Chemical Holdings (SGX:QES) | 6.45% | ★★★★★☆ |
| Multi-Chem (SGX:AWZ) | 8.80% | ★★★★★☆ |
| UOL Group (SGX:U14) | 3.70% | ★★★★★☆ |
| Bumitama Agri (SGX:P8Z) | 6.44% | ★★★★★☆ |
| Singapore Exchange (SGX:S68) | 3.51% | ★★★★★☆ |
| Civmec (SGX:P9D) | 5.14% | ★★★★★☆ |
| Singapore Airlines (SGX:C6L) | 6.87% | ★★★★★☆ |
| Sing Investments & Finance (SGX:S35) | 6.67% | ★★★★★☆ |
Click here to see the full list of 20 stocks from our Top SGX Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
Aztech Global
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Aztech Global Ltd. operates in the design and manufacturing of IoT devices, data-communication products, and LED lighting, serving markets in Singapore, North America, China, Europe, and internationally with a market capitalization of approximately SGD 0.77 billion.
Operations: Aztech Global Ltd. generates revenue through the design and manufacturing of IoT devices, data-communication products, and LED lighting.
Dividend Yield: 8%
Aztech Global offers a dividend yield of S$8.04%, placing it in the top 25% of dividend payers in Singapore's market average of S$6.24%. Despite its relatively short dividend history of three years, payments have shown growth, supported by a solid earnings payout ratio of 61.7% and cash flow coverage at 77.9%. However, the track record shows volatility in dividends, underscoring potential concerns about payment stability moving forward. Analysts predict a significant upside in stock price, potentially enhancing total returns for investors.
Sheng Siong Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Sheng Siong Group Ltd is an investment holding company that manages a chain of supermarket retail stores across Singapore, with a market capitalization of approximately SGD 2.26 billion.
Operations: Sheng Siong Group Ltd generates its revenue primarily through supermarket operations that sell consumer goods, totaling approximately SGD 1.39 billion.