Top 3 SGX Dividend Stocks With Yields Up To 6.9%
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The Singapore market has been experiencing notable fluctuations, reflecting broader global economic uncertainties and investor sentiment. Amidst these dynamics, dividend stocks have gained attention for their potential to provide steady income streams. In the current environment, a good dividend stock is characterized by a reliable payout history and strong financial fundamentals. Here are three SGX-listed dividend stocks that offer yields up to 6.9%.
Top 10 Dividend Stocks In Singapore
| Name | Dividend Yield | Dividend Rating |
| BRC Asia (SGX:BEC) | 7.02% | ★★★★★☆ |
| Bumitama Agri (SGX:P8Z) | 6.77% | ★★★★★☆ |
| YHI International (SGX:BPF) | 6.70% | ★★★★★☆ |
| China Sunsine Chemical Holdings (SGX:QES) | 6.09% | ★★★★★☆ |
| Singapore Exchange (SGX:S68) | 3.31% | ★★★★★☆ |
| Singapore Airlines (SGX:C6L) | 7.64% | ★★★★★☆ |
| QAF (SGX:Q01) | 6.13% | ★★★★★☆ |
| UOB-Kay Hian Holdings (SGX:U10) | 6.34% | ★★★★☆☆ |
| Oversea-Chinese Banking (SGX:O39) | 6.01% | ★★★★☆☆ |
| Delfi (SGX:P34) | 6.99% | ★★★★☆☆ |
Click here to see the full list of 19 stocks from our Top SGX Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
Jardine Cycle & Carriage
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Jardine Cycle & Carriage Limited (SGX:C07) is an investment holding company involved in financial services, heavy equipment, mining, construction and energy, agribusiness, infrastructure and logistics, information technology, and property businesses in Indonesia and internationally with a market cap of SGD10.54 billion.
Operations: Jardine Cycle & Carriage Limited generates revenue from its diverse operations in financial services, heavy equipment, mining, construction and energy, agribusiness, infrastructure and logistics, information technology, and property businesses amounting to $21.36 billion.
Dividend Yield: 5.8%
Jardine Cycle & Carriage declared an interim dividend of US$0.28 per share for 2024, with dividends well-covered by earnings (payout ratio: 44.4%) and cash flows (cash payout ratio: 30.8%). Despite a recent decline in sales and net income, the company maintains a solid dividend history, although payments have been volatile over the past decade. The stock trades at a discount to its estimated fair value, providing potential upside for investors seeking both value and income stability.
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Click to explore a detailed breakdown of our findings in Jardine Cycle & Carriage's dividend report.
Delfi
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Delfi Limited, an investment holding company with a market cap of SGD491.98 million, manufactures, markets, distributes, and sells chocolate and consumer products in Indonesia, the Philippines, Malaysia, Singapore, and internationally.