Looking for Higher Dividends? 4 Singapore Stocks That Look Poised to Pay Out More in 2024

The Smart Investor01-05

As the New Year rolls in, it is time to make resolutions for the investment goals you wish to achieve.For income investors, a key focus will be to increase the dividends they receive from their ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2400914368?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-01-05 10:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2400914368","market":"sg","top_or_hot":-1,"title":"Looking for Higher Dividends? 4 Singapore Stocks That Look Poised to Pay Out More in 2024","media":"The Smart Investor","content":"<div>\n<p>As the New Year rolls in, it is time to make resolutions for the investment goals you wish to achieve.For income investors, a key focus will be to increase the dividends they receive from their ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/looking-for-higher-dividends-4-singapore-stocks-that-look-poised-to-pay-out-more-in-2024/\">Source Link</a>\n\n</div>\n","source":"thesmartinvestor_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Looking for Higher Dividends? 4 Singapore Stocks That Look Poised to Pay Out More in 2024</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLooking for Higher Dividends? 4 Singapore Stocks That Look Poised to Pay Out More in 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-05 10:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/looking-for-higher-dividends-4-singapore-stocks-that-look-poised-to-pay-out-more-in-2024/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As the New Year rolls in, it is time to make resolutions for the investment goals you wish to achieve.For income investors, a key focus will be to increase the dividends they receive from their ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/looking-for-higher-dividends-4-singapore-stocks-that-look-poised-to-pay-out-more-in-2024/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999001440.SGD","symbol_name":"United Global Dividend Equity Fund A SGD Dist","start_time":0,"source_url":"https://thesmartinvestor.com.sg/looking-for-higher-dividends-4-singapore-stocks-that-look-poised-to-pay-out-more-in-2024/","article_id":"2400914368","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2400914368","pubTimestamp":1704420262,"sourceInfo":{"source_id":"thesmartinvestor_highlight","name":"The Smart Investor"},"weMediaInfo":null,"summary":"As the New Year rolls in, it is time to make resolutions for the investment…","collect":0,"end_time":0,"defaultTopTitle":"thesmartinvestor.com.sg","property":[],"viewcount":null,"language":"en","relate_stocks":{"SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","LU0577902371.SGD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (SGD) ACC","SG9999002620.SGD":"LionGlobal South East Asia SGD","LU0898667661.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD-H","BK6516":"银行与投资服务概念","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","C":"花旗","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","BK6505":"周期性消费品与消费者服务","LU0831093199.SGD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM3\" (SGDHDG) INC","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","SG9999013478.USD":"利安新加坡股息基金","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","SG9999008742.SGD":"Eastspring Investments Unit Trusts - Singapore ASEAN Equity SGD","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","P34.SI":"DELFI LIMITED","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","G13.SI":"云顶新加坡","SG9999002604.SGD":"LionGlobal Singapore/Malaysia SGD","BK4534":"瑞士信贷持仓","SG9999005177.SGD":"Legg Mason Martin Currie - Southeast Asia Trust A Acc SGD","BK6066":"赌场与赌博","SG9999001846.SGD":"Schroder Asian Equity Yield A Dis SGD","IR":"英格索兰","BK4566":"资本集团","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","LU2257852520.SGD":"JPMorgan Funds - Asia Growth A (acc) SGD","SG9999014302.SGD":"RHB Singapore Income Fund SGD","AIY.SI":"奕丰集团","LU0128522157.USD":"TEMPLETON ASIAN GROWTH \"A\" ACC","LU0124384867.USD":"贝莱德新能源基金A2","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU0048573645.USD":"富达东盟基金","LU0384037296.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AT\" (USD) ACC","LU0084288322.USD":"Natixis Asia Equity RD USD","LU0488056044.USD":"Allianz Asian Multi Income Plus Cl AM DIS USD","BK6114":"包装食品与肉类","LU0210637038.USD":"HSBC GIF THAI EQUITY \"AD\" INC","BK4588":"碎股","LU0762540952.USD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AC\" (USD) ACC","LU0831103253.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD","D05.SI":"星展集团控股","BK4207":"综合性银行","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","LU0029875118.USD":"TEMPLETON ASIAN GROWTH \"A\" INC","BK6112":"综合性银行"},"translate_title":"寻找更高的股息？4新加坡股票有望在2024年获得更高回报","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AIY.SI":1,"P34.SI":1,"C":1,"D05.SI":1,"G13.SI":1,"IR":1},"content_text":"As the New Year rolls in, it is time to make resolutions for the investment goals you wish to achieve.For income investors, a key focus will be to increase the dividends they receive from their investments.Higher dividends not only help to defray inflation and the higher GST but can also act as a steady source of passive income upon your retirement.Luckily, the Singapore stock market is not short of companies that dish out a dividend.Here are four that look well-positioned to increase their payout this year.DBS Group (SGX: D05)DBS needs no introduction, being Singapore’s largest bank by market capitalisation.The lender provides a comprehensive range of services to corporations and individuals including banking services, investments, and insurance.The blue-chip group reported a stellar set of earnings for the third quarter of 2023 (3Q 2023).For the first nine months of 2023 (9M 2023), total income jumped 27% year on year to S$15.2 billion.Profit before allowances increased by 37% year on year to S$9.3 billion.Net profit climbed 33% year on year to S$7.8 billion.DBS paid out an interim dividend of S$0.48, 33% higher than the S$0.36 that was paid out a year ago.There could be higher payouts from the bank this year as interest rates look set to stay higher for longer.DBS completed the acquisition of Citigroup’s (NYSE: C) Taiwan consumer banking business back in August 2023, helping to accelerate DBS’s growth in the country by at least 10 years.Recently, the group also raised its stake in privately-held Shenzhen Rural Commercial Bank from 13% to 16.69% in a transaction that will immediately add to earnings.During its 2023 Investor Day, DBS communicated that it could increase its dividend by S$0.24 per year as a baseline, barring unforeseen circumstances.Genting Singapore (SGX: G13)Genting Singapore is the owner and operator of Resorts World Sentosa (RWS), an integrated resort (IR) that was opened in January 2010.RWS features six hotels with around 1,600 rooms, a casino, an aquatic park, a Universal Studios theme park, and a variety of dining, entertainment, and retail options.Genting Singapore reported a strong set of results for 3Q 2023 as borders reopened and the tourism industry flourished once again.Total revenue for the quarter rose 33% year on year to S$689.9 million.Net profit surged by 59% year on year to S$216.3 million.When the IR operator reported its first half of 2023 earnings, it raised its interim dividend by 50% from S$0.01 to S$0.015.With air travel set to return to pre-pandemic levels this year, RWS could see more visitors to its attractions.There is a high chance the group could increase its final dividend when it reports its full-year earnings in February 2024.Delfi Ltd (SGX: P34)Delfi is a food and beverage manufacturer and distributor with a portfolio of established chocolate brands such as SilverQueen and Ceres that are sold in Indonesia.The group also distributes a portfolio of well-known agency brands in Indonesia, Malaysia, and the Philippines.Delfi reported an encouraging set of earnings for 3Q 2023 with revenue for 9M 2023 rising 15.2% year on year to US$412.6 million.The chocolate producer reported a net profit of US$32.8 million for the same period, up 22.1% year on year.The group also generated higher free cash flow of US$22.9 million for 9M 2023 versus US$14 million in the prior year.Back in August, Delfi already raised its interim dividend from S$0.0218 to S$0.0273.Should it continue its current trajectory, there is a high chance the chocolate maker will increase its final dividend.iFAST Corporation Limited (SGX: AIY)iFAST is a financial technology company that operates a platform (FSMOne) for the buying and selling of unit trusts, equities, and bonds.The fintech reported a robust set of earnings for 3Q 2023.9M 2023’s net revenue rose 18.1% year on year to S$104.5 million with operating profit more than doubling year on year to S$20.3 million.Net profit nearly tripled year on year to S$15.1 million.iFAST also enjoyed net inflows of S$1.6 billion for 9M 2023, lifting its assets under administration to a new high of S$19.12 billion as of 30 September 2023.iFAST’s Hong Kong ePension division made its maiden one-month contribution to the group’s results in 3Q 2023, helping to lift net profit.Looking ahead, 2024’s revenue and profitability are expected to show “robust growth” compared with 2023.CEO Lim Chun Chung also mentioned that there is room for an increase in dividends with the group’s profits expected to rise substantially.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":12,"commentSize":0,"repostSize":0,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2400914368"}