Operations: Jardine Cycle & Carriage Limited generates revenue from financial services, heavy equipment, mining, construction and energy, agribusiness, infrastructure and logistics, information technology, and property businesses.

Dividend Yield: 5.6%

Jardine Cycle & Carriage has declared an interim dividend of US$0.28 per share for 2024, with a payout ratio of 44.4%, indicating dividends are well-covered by earnings and cash flows (cash payout ratio: 30.8%). Despite recent increases, its dividend payments have been volatile over the past decade. The company reported H1 2024 net income of US$483.3 million, down from US$648.3 million a year ago, reflecting some financial challenges but maintaining reasonable value compared to peers and industry standards.

• Navigate through the intricacies of Jardine Cycle & Carriage with our comprehensive dividend report here.

• Our valuation report unveils the possibility Jardine Cycle & Carriage's shares may be trading at a discount.

Singapore Airlines

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

Overview: Singapore Airlines Limited, with a market cap of SGD23.53 billion, operates passenger and cargo air transportation services across East Asia, the Americas, Europe, Southwest Pacific, West Asia, and Africa under the Singapore Airlines and Scoot brands.

Operations: Singapore Airlines Limited generates revenue primarily through its Full Service Carrier (SGD16.18 billion), Low-Cost Carrier (SGD2.45 billion), and Engineering Services (SGD1.09 billion) segments.

Dividend Yield: 7.3%

Singapore Airlines' dividend yield is among the top 25% in the SG market, with recent approval of a final dividend of S$0.38 per share for FY2024. However, its dividend history has been volatile over the past decade. The payout ratio stands at 75.9%, indicating dividends are covered by earnings and cash flows (cash payout ratio: 45.9%). Despite solid historical earnings growth, future earnings are forecasted to decline by an average of 20.9% annually over the next three years.

• Get an in-depth perspective on Singapore Airlines' performance by reading our dividend report here.

• Upon reviewing our latest valuation report, Singapore Airlines' share price might be too pessimistic.

Where To Now?

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SGX:BPF SGX:C07 and SGX:C6L.

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