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Bukit Sembawang Estates is one of the ten dividend stocks that can help raise your investment income by paying sizeable dividends. These stocks are a safe bet to increase your portfolio value as they provide both steady income and cushion against market risks. A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. As a long term investor with a short term temperament, I highly recommend these top dividend stocks.
Bukit Sembawang Estates Limited (SGX:B61)
Bukit Sembawang Estates Limited, an investment holding company, engages in the property development, investment, and other property-related activities primarily in Singapore. The company was established in 1911 and with the company’s market cap sitting at SGD SGD1.61B, it falls under the small-cap stocks category.
B61 has a enticing dividend yield of 5.31% and their payout ratio stands at 28.69% , with analysts expecting this ratio to be 53.08% in the next three years. Despite some volatility in the yield, DPS has risen in the last 10 years from S$0.10 to S$0.33. Bukit Sembawang Estates could be a good investment for its future growth, with analysts expecting the company’s earnings to grow by an exciting triple-digit over the next 12 months Dig deeper into Bukit Sembawang Estates here.
M1 Limited (SGX:B2F)
M1 Limited, together with its subsidiaries, provides mobile and fixed communications services to consumers and corporate customers in Singapore. Formed in 1994, and now led by CEO Lee Wah Kooi, the company now has 1,511 employees and has a market cap of SGD SGD1.68B, putting it in the small-cap category.
B2F has a great dividend yield of 6.26% and is distributing 79.75% of earnings as dividends , with the expected payout in three years being 83.74%. While there’s been some level of instability in the yield, B2F has overall increased DPS over a 10 year period from S$0.11 to S$0.11. When we compare M1’s PE ratio with its industry, the company appears favorable. The Global Wireless Telecom industry’s average ratio of 17.3 is above that of M1’s (12.7). More on M1 here.
Parkway Life Real Estate Investment Trust (SGX:C2PU)
Parkway Life Real Estate Investment Trust (“PLife REIT”) is one of Asia’s largest listed healthcare REITs by asset size. The company was established in 2007 and with the company’s market capitalisation at SGD SGD1.69B, we can put it in the small-cap group.
C2PU has a great dividend yield of 4.83% and is currently distributing 79.60% of profits to shareholders , and analysts are expecting the payout ratio in three years to hit 100.61%. C2PU’s dividends have seen an increase over the past 10 years, with payments increasing from S$0.063 to S$0.14 in that time. They have been reliable as well, ensuring that shareholders haven’t missed a payment during this 10 year period. In the last 12 months, Parkway Life Real Estate Investment Trust has experienced an earnings growth of 10.37%. More on Parkway Life Real Estate Investment Trust here.