SGX Dividend Stocks To Watch Now Featuring Boustead Singapore And 2 Others
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As Singapore's Ministry of Home Affairs prepares to introduce the Protection from Scams Bill, the market is closely watching how these regulatory changes might impact investor sentiment and financial transactions. In this evolving landscape, dividend stocks can offer a reliable income stream and stability, making them an attractive option for investors seeking consistent returns amidst potential market uncertainties.
Top 10 Dividend Stocks In Singapore
| Name | Dividend Yield | Dividend Rating |
| BRC Asia (SGX:BEC) | 6.99% | ★★★★★☆ |
| Bumitama Agri (SGX:P8Z) | 6.59% | ★★★★★☆ |
| YHI International (SGX:BPF) | 6.56% | ★★★★★☆ |
| China Sunsine Chemical Holdings (SGX:QES) | 6.10% | ★★★★★☆ |
| Singapore Exchange (SGX:S68) | 3.31% | ★★★★★☆ |
| Singapore Airlines (SGX:C6L) | 7.62% | ★★★★★☆ |
| Civmec (SGX:P9D) | 5.64% | ★★★★★☆ |
| UOB-Kay Hian Holdings (SGX:U10) | 6.34% | ★★★★☆☆ |
| Oversea-Chinese Banking (SGX:O39) | 6.00% | ★★★★☆☆ |
| Delfi (SGX:P34) | 6.97% | ★★★★☆☆ |
Click here to see the full list of 19 stocks from our Top SGX Dividend Stocks screener.
Let's dive into some prime choices out of the screener.
Boustead Singapore
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Boustead Singapore Limited is an investment holding company offering energy engineering, real estate, geospatial, and healthcare technology solutions across multiple regions including Singapore, Australia, Malaysia, the United States, Europe, Asia Pacific, the Americas, the Middle East and Africa with a market cap of SGD477.47 million.
Operations: Boustead Singapore Limited's revenue segments include Geospatial (SGD212.67 million), Healthcare (SGD10.58 million), Energy Engineering (SGD174.41 million), and Real Estate Solutions (SGD369.46 million).
Dividend Yield: 5.5%
Boustead Singapore's recent proposal of a final tax-exempt dividend of S$0.04 per share highlights its commitment to returning value to shareholders, despite a historically volatile dividend track record. While earnings grew by 41.6% over the past year and the stock trades at 13.7% below estimated fair value, its dividend yield of 5.5% remains lower than the market's top quartile. Notably, dividends are well-covered by both earnings (40.9%) and cash flows (28.8%), suggesting sustainability amidst past volatility.
Genting Singapore
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Genting Singapore Limited, an investment holding company with a market cap of SGD9.90 billion, primarily engages in the construction, development, and operation of integrated resort destinations in Asia.