3 SGX Dividend Stocks Yielding Up To 9.6%

In This Article:

The Singapore stock market has been experiencing a mix of volatility and resilience, reflecting broader economic uncertainties and investor sentiment. In this environment, dividend stocks can offer a stable income stream, making them an attractive option for investors seeking steady returns amidst market fluctuations.

Top 10 Dividend Stocks In Singapore

Name

Dividend Yield

Dividend Rating

BRC Asia (SGX:BEC)

7.02%

★★★★★☆

UOB-Kay Hian Holdings (SGX:U10)

6.67%

★★★★★☆

China Sunsine Chemical Holdings (SGX:QES)

6.44%

★★★★★☆

Multi-Chem (SGX:AWZ)

8.53%

★★★★★☆

UOL Group (SGX:U14)

3.69%

★★★★★☆

Bumitama Agri (SGX:P8Z)

6.58%

★★★★★☆

Singapore Exchange (SGX:S68)

3.44%

★★★★★☆

Civmec (SGX:P9D)

5.05%

★★★★★☆

Singapore Airlines (SGX:C6L)

7.69%

★★★★★☆

YHI International (SGX:BPF)

6.56%

★★★★★☆

Click here to see the full list of 20 stocks from our Top SGX Dividend Stocks screener.

Let's review some notable picks from our screened stocks.

Aztech Global

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

Overview: Aztech Global Ltd. and its subsidiaries focus on the research, development, engineering, and manufacturing of IoT devices, data-communication products, and LED lighting products across Singapore, North America, China, Europe, and other international markets with a market cap of SGD802.83 million.

Operations: Aztech Global Ltd. generates revenue from IoT devices, data-communication products, and LED lighting products across various international markets.

Dividend Yield: 9.6%

Aztech Global's dividend yield of 9.62% places it in the top 25% of dividend payers in Singapore, though its track record is short and volatile, with payments only established for three years and experiencing significant drops. The company’s payout ratios—74.4% from earnings and 62.1% from cash flows—suggest dividends are covered but not entirely stable or reliable over time. Earnings grew by 54.3% last year, indicating potential for future stability if growth continues.

SGX:8AZ Dividend History as at Aug 2024

China Sunsine Chemical Holdings

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

Overview: China Sunsine Chemical Holdings Ltd. is an investment holding company that manufactures and sells specialty chemicals across China, Asia, the United States, Europe, and internationally with a market cap of SGD362.96 million.

Operations: China Sunsine Chemical Holdings Ltd. generates its revenue primarily from Rubber Chemicals (CN¥4.38 billion), with additional contributions from Heating Power (CN¥221.29 million) and Waste Treatment (CN¥29.76 million).