Dividend Yield: 5.4%

Civmec recently changed its name to Civmec Singapore Limited and ratified a new constitution. The company announced a joint venture with Austal Limited for the LAND8710 Phase 2 project, enhancing its strategic position. Recent contract awards total A$174 million, including significant projects in shipbuilding and maintenance. Civmec's dividend yield of 5.36% is lower than top-tier payers but remains reliable and well-covered by earnings (45.4%) and cash flows (27%).

• Take a closer look at Civmec's potential here in our dividend report.

• The valuation report we've compiled suggests that Civmec's current price could be quite moderate.

Singapore Exchange

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Singapore Exchange Limited operates an integrated securities and derivatives exchange, related clearing houses, and an electricity market in Singapore, with a market cap of SGD10.67 billion.

Operations: Singapore Exchange Limited generates revenue from four main segments: Equities - Cash (SGD334.94 million), Platform and Others (SGD240.20 million), Equities - Derivatives (SGD334.05 million), and Fixed Income, Currencies, and Commodities (SGD322.50 million).

Dividend Yield: 3.6%

Singapore Exchange Limited reported revenue of S$1.23 billion and net income of S$597.91 million for the year ended June 30, 2024, reflecting steady growth. The company offers a reliable dividend yield of 3.61%, which has been stable and growing over the past decade. Dividends are well-covered by earnings (payout ratio: 61.7%) and cash flows (cash payout ratio: 69.8%). However, its yield is lower compared to top-tier dividend payers in Singapore's market.

• Unlock comprehensive insights into our analysis of Singapore Exchange stock in this dividend report.

• Our comprehensive valuation report raises the possibility that Singapore Exchange is priced lower than what may be justified by its financials.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SGX:AGS SGX:P9D and SGX:S68.

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