Dividend Yield: 5.4%

Boustead Singapore proposed a final tax-exempt dividend of S$0.04 per share for the year ended March 31, 2024, subject to shareholder approval at the upcoming AGM. The company’s dividends are well covered by earnings (40.9% payout ratio) and cash flows (28.8% cash payout ratio). However, its dividend history has been volatile over the past decade despite recent increases. Boustead trades at 84.8% below its estimated fair value, presenting potential value for investors seeking dividends in Singapore's market.

• Get an in-depth perspective on Boustead Singapore's performance by reading our dividend report here.

• Our valuation report here indicates Boustead Singapore may be overvalued.

China Sunsine Chemical Holdings

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

Overview: China Sunsine Chemical Holdings Ltd., with a market cap of SGD381.51 million, manufactures and sells specialty chemicals in China, the rest of Asia, the United States, Europe, and internationally.

Operations: China Sunsine Chemical Holdings Ltd. generates revenue primarily from Rubber Chemicals (CN￥4.39 billion), Heating Power (CN￥202.99 million), and Waste Treatment (CN￥25.06 million).

Dividend Yield: 6%

China Sunsine Chemical Holdings reported half-year sales of CNY 1.75 billion and net income of CNY 188.8 million, reflecting stable but slightly declining profitability compared to the previous year. The company's dividend payments have been volatile over the past decade, though they have increased overall. With a low payout ratio of 21.1% and a cash payout ratio of 34%, dividends are well-covered by earnings and cash flows, making them sustainable despite an unstable track record.

• Click to explore a detailed breakdown of our findings in China Sunsine Chemical Holdings' dividend report.

• The valuation report we've compiled suggests that China Sunsine Chemical Holdings' current price could be quite moderate.

Where To Now?

• Embark on your investment journey to our 19 Top SGX Dividend Stocks selection here.

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Curious About Other Options?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.

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• Find companies with promising cash flow potential yet trading below their fair value.

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:C6L SGX:F9D and SGX:QES.

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