In This Article:
As global markets continue to navigate through fluctuating economic conditions, the Singapore Exchange (SGX) remains a focal point for investors seeking stability and yield. In this landscape, dividend stocks stand out as particularly appealing options for those looking to generate consistent income from their investments.
Top 10 Dividend Stocks In Singapore
| Name | Dividend Yield | Dividend Rating |
| BRC Asia (SGX:BEC) | 6.69% | ★★★★★☆ |
| UOB-Kay Hian Holdings (SGX:U10) | 6.62% | ★★★★★☆ |
| China Sunsine Chemical Holdings (SGX:QES) | 6.28% | ★★★★★☆ |
| Multi-Chem (SGX:AWZ) | 8.32% | ★★★★★☆ |
| UOL Group (SGX:U14) | 3.68% | ★★★★★☆ |
| Bumitama Agri (SGX:P8Z) | 6.36% | ★★★★★☆ |
| Civmec (SGX:P9D) | 5.61% | ★★★★★☆ |
| Singapore Exchange (SGX:S68) | 3.49% | ★★★★★☆ |
| Singapore Airlines (SGX:C6L) | 6.80% | ★★★★★☆ |
| YHI International (SGX:BPF) | 6.56% | ★★★★★☆ |
Click here to see the full list of 21 stocks from our Top SGX Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
BRC Asia
Simply Wall St Dividend Rating: ★★★★★☆
Overview: BRC Asia Limited operates in the prefabrication of steel reinforcement for concrete, serving markets in Singapore, Australia, Brunei, Hong Kong, Indonesia, Malaysia, Thailand, India and internationally; it has a market capitalization of approximately SGD 655.70 million.
Operations: BRC Asia Limited generates revenue through two primary segments: Trading, which brought in SGD 319.71 million, and Fabrication and Manufacturing, contributing SGD 1.35 billion.
Dividend Yield: 6.7%
BRC Asia Limited, despite a history of volatile dividends, has shown promising financial growth with a 14.9% increase in earnings this past year to S$38.53 million and sales rising to S$758.29 million. The company maintains a low payout ratio at 35.9%, ensuring dividends are well-covered by earnings, though its cash payout ratio at 85.3% suggests tighter cash flow coverage. Recent actions include an interim dividend set for November payment, reflecting some level of commitment to shareholder returns amidst its unstable dividend track record.
-
Delve into the full analysis dividend report here for a deeper understanding of BRC Asia.
-
Our valuation report unveils the possibility BRC Asia's shares may be trading at a discount.
DBS Group Holdings
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: DBS Group Holdings Ltd operates as a commercial bank offering financial services across Singapore, Hong Kong, the Greater China region, South and Southeast Asia, with a market capitalization of approximately SGD 104.95 billion.
Operations: DBS Group Holdings Ltd generates its revenue primarily from commercial banking and financial services across key regions including Singapore, Hong Kong, Greater China, South and Southeast Asia.