Exploring Three SGX Dividend Stocks For Your Portfolio
In This Article:
As global financial markets navigate through uncertainties, such as the recent disruptions caused by the collapse of a major Banking-as-a-Service platform, investors are increasingly looking for stability and reliability in their investment choices. In this context, dividend stocks listed on the Singapore Exchange (SGX) offer an appealing option for those seeking potential income generation and lower volatility in their portfolios.
Top 10 Dividend Stocks In Singapore
| Name | Dividend Yield | Dividend Rating |
| Civmec (SGX:P9D) | 6.06% | ★★★★★☆ |
| Singapore Exchange (SGX:S68) | 3.52% | ★★★★★☆ |
| Multi-Chem (SGX:AWZ) | 9.64% | ★★★★★☆ |
| UOB-Kay Hian Holdings (SGX:U10) | 6.97% | ★★★★★☆ |
| UOL Group (SGX:U14) | 3.70% | ★★★★★☆ |
| BRC Asia (SGX:BEC) | 7.73% | ★★★★★☆ |
| Bumitama Agri (SGX:P8Z) | 6.84% | ★★★★★☆ |
| Singapore Airlines (SGX:C6L) | 7.09% | ★★★★★☆ |
| YHI International (SGX:BPF) | 6.56% | ★★★★★☆ |
| Sing Investments & Finance (SGX:S35) | 5.88% | ★★★★☆☆ |
Click here to see the full list of 18 stocks from our Top SGX Dividend Stocks screener.
Let's explore several standout options from the results in the screener.
Multi-Chem
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Multi-Chem Limited is an investment holding company that distributes information technology products across regions including Singapore, Greater China, Australia, and India, with a market capitalization of SGD 227.04 million.
Operations: Multi-Chem Limited generates revenue primarily through its IT business in Singapore (SGD 372.78 million), followed by other regions (SGD 153.93 million), Australia (SGD 54.60 million), India (SGD 40.56 million), and Greater China (SGD 34.96 million).
Dividend Yield: 9.6%
Multi-Chem Limited, a dividend-paying entity in Singapore, has shown a mixed track record with its dividends. The company’s payout ratio stands at 80.7%, indicating that earnings sufficiently cover the dividend payments. However, dividends have been volatile over the past decade, with some annual drops exceeding 20%. Despite this instability, Multi-Chem's dividend yield is competitive at 9.64%, positioning it in the top quartile of Singaporean dividend payers. Recent board changes could influence future governance and stability, potentially impacting dividend policies moving forward.
BRC Asia
Simply Wall St Dividend Rating: ★★★★★☆
Overview: BRC Asia Limited operates in the prefabrication of steel reinforcement for use in concrete across multiple regions including Singapore, Australia, Brunei, Hong Kong, Indonesia, Malaysia, Thailand, and India, with a market capitalization of approximately SGD 567.90 million.