SGX Dividend Stocks Spotlight Featuring Aztech Global And Two Others
In This Article:
Amidst the evolving landscape of digital currencies and the heightened focus on wholesale central bank digital currencies (CBDCs), Singapore's market is poised to reflect these global financial shifts. As investors navigate this changing terrain, dividend stocks like Aztech Global continue to draw attention for their potential stability and yield in a dynamic economic environment.
Top 10 Dividend Stocks In Singapore
| Name | Dividend Yield | Dividend Rating |
| BRC Asia (SGX:BEC) | 7.58% | ★★★★★☆ |
| Civmec (SGX:P9D) | 6.05% | ★★★★★☆ |
| Singapore Exchange (SGX:S68) | 3.58% | ★★★★★☆ |
| UOB-Kay Hian Holdings (SGX:U10) | 6.97% | ★★★★★☆ |
| UOL Group (SGX:U14) | 3.88% | ★★★★★☆ |
| Bumitama Agri (SGX:P8Z) | 6.84% | ★★★★★☆ |
| Singapore Airlines (SGX:C6L) | 7.10% | ★★★★★☆ |
| Oversea-Chinese Banking (SGX:O39) | 5.92% | ★★★★☆☆ |
| Delfi (SGX:P34) | 6.72% | ★★★★☆☆ |
| Sing Investments & Finance (SGX:S35) | 6.03% | ★★★★☆☆ |
Click here to see the full list of 18 stocks from our Top SGX Dividend Stocks screener.
Let's uncover some gems from our specialized screener.
Aztech Global
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Aztech Global Ltd. operates in the design, development, and manufacturing of IoT devices, data-communication products, and LED lighting solutions across regions including Singapore, North America, China, and Europe with a market capitalization of approximately SGD 717.92 million.
Operations: Aztech Global Ltd. generates revenue primarily through the design and manufacturing of IoT devices, data-communication products, and LED lighting solutions in key markets such as Singapore, North America, China, and Europe.
Dividend Yield: 8.3%
Aztech Global trades 65.6% below estimated fair value, suggesting potential upside. Despite a high dividend yield of 8.29%, top-tier in Singapore's market, its dividend history is unstable with significant fluctuations and only a three-year track record of payments. Recent earnings show growth, with net income rising to SGD 15.9 million from SGD 13.4 million year-over-year, supporting a recent dividend increase to SGD 0.05 per share for FY2023.
Oversea-Chinese Banking
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Oversea-Chinese Banking Corporation Limited operates a financial services business across Singapore, Malaysia, Indonesia, Greater China, and other parts of the Asia Pacific as well as internationally, with a market capitalization of SGD 63.85 billion.
Operations: Oversea-Chinese Banking Corporation Limited generates its financial services revenue across Singapore, Malaysia, Indonesia, Greater China, and the broader Asia Pacific region.