Top 3 SGX Dividend Stocks To Enhance Your Portfolio

Simply Wall St.08-05

The Singapore market has remained resilient despite recent global disruptions, such as the temporary isolation of over 200 cooperative and regional rural banks in India due to a ransomware attack. In ...

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/2457046767?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/company-cover/874047-main-header/1585187088404","is_english":true,"pubTime":"2024-08-05 08:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2457046767","market":"sg","top_or_hot":-1,"title":"Top 3 SGX Dividend Stocks To Enhance Your Portfolio","media":"Simply Wall St.","content":"<div>\n<p>The Singapore market has remained resilient despite recent global disruptions, such as the temporary isolation of over 200 cooperative and regional rural banks in India due to a ransomware attack. In ...</p>\n\n<a href=\"https://simplywall.st/stocks/sg/banks/sgx-d05/dbs-group-holdings-shares/news/top-3-sgx-dividend-stocks-to-enhance-your-portfolio\">Source Link</a>\n\n</div>\n","source":"simplywall_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>Top 3 SGX Dividend Stocks To Enhance Your Portfolio</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\">\nTop 3 SGX Dividend Stocks To Enhance Your Portfolio\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-05 08:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/sg/banks/sgx-d05/dbs-group-holdings-shares/news/top-3-sgx-dividend-stocks-to-enhance-your-portfolio><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore market has remained resilient despite recent global disruptions, such as the temporary isolation of over 200 cooperative and regional rural banks in India due to a ransomware attack. In ...</p>\n\n<a href=\"https://simplywall.st/stocks/sg/banks/sgx-d05/dbs-group-holdings-shares/news/top-3-sgx-dividend-stocks-to-enhance-your-portfolio\">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":"LU2506951875.HKD","symbol_name":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) ACC","start_time":0,"source_url":"https://simplywall.st/stocks/sg/banks/sgx-d05/dbs-group-holdings-shares/news/top-3-sgx-dividend-stocks-to-enhance-your-portfolio","article_id":"2457046767","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/company-cover/874047-main-header/1585187088404"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2457046767","pubTimestamp":1722816226,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"The Singapore market has remained resilient despite recent global disruptions, such as the temporary isolation of over 200 cooperative and regional rural banks in India due to a ransomware attack. In this context, dividend stocks can offer stability and consistent income, making them an attractive option for investors looking to enhance their portfolios amidst uncertain times.","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2506951875.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) ACC","IE0031814969.USD":"FSSA ASEAN ALL CAP FUND \"I\" (USD) ACC","QES.SI":"中国尚舜化工","LU0873338254.USD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (USD) INC","LU2506952097.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) ACC","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","SG9999001127.SGD":"United Singapore Growth Fund SGD","LU0630378429.USD":"HSBC GIF ASIA PACIFIC EX JAPAN EQ HD \"AM2\" (USD) INC","BK6112":"综合性银行","LU2506951958.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) INC","S68.SI":"新加坡交易所","LU0557290698.USD":"施罗德环球可持续增长基金","U10.SI":"大华继显控股","C6L.SI":"新加坡航空公司","LU2506952170.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) INC","LU0205439572.USD":"富达亚太股息基金","D05.SI":"星展集团控股","LU1119993845.HKD":"FIDELITY ASIA PACIFIC DIVIDEND \"A\" (HKDHDG) INC","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","SG9999001903.USD":"Aberdeen Standard Pacific Equity USD","P34.SI":"DELFI LIMITED","SG9999013478.USD":"利安新加坡股息基金","IE00BKZH1Z71.USD":"BNY MELLON ASIAN INCOME \"B\" (USD) ACC","BK6044":"投资银行业与经纪业","BK6033":"金融交易所和数据","U14.SI":"华业集团","BEC.SI":"BRC 亚洲","FSTAS.SI":"富时海峡全股指数","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","LU0672654166.SGD":"FTIF - Templeton Asian Growth A (acc) SGD-H1","AWZ.SI":"多元科技","FSTM.SI":"富时海峡中盘指数","BK6019":"商品化工","LU0543330483.HKD":"TEMPLETON ASIAN GROWTH \"A\" (HKD) ACC","SG9999001846.SGD":"Schroder Asian Equity Yield A Dis SGD","STI.SI":"富时新加坡海峡指数","LU0261947096.USD":"FIDELITY FUNDS  SUSTAINABLE ASIA EQUITY \"A\" (USD) ACC","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","LU1282649067.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AMG\" (USD) INC A","BPF.SI":"友发","LU1981816686.USD":"EASTSPRING INV ASIAN MULTI FACTOR EQUITY \"A\" (USD) ACC","SG9999000459.SGD":"Aberdeen Standard Pacific Equity SGD","BK6098":"多样化房地产活动","LU0261945553.USD":"FIDELITY ASEAN \"A\" ACC","P8Z.SI":"布米达马农业","BK6114":"包装食品与肉类","ES3.SI":"STI ETF","P9D.SI":"CIVMEC公司","LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD"},"translate_title":"增强您的投资组合的三大新交所股息股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BEC.SI":1,"U14.SI":1,"U10.SI":1,"S68.SI":1,"QES.SI":1,"P9D.SI":1,"P8Z.SI":1,"P34.SI":1,"C6L.SI":1,"BPF.SI":1,"AWZ.SI":1,"D05.SI":0.8,"STI.SI":0.6,"ES3.SI":0.6,"FSTM.SI":0.6,"FSTAS.SI":0.6},"content_text":"The Singapore market has remained resilient despite recent global disruptions, such as the temporary isolation of over 200 cooperative and regional rural banks in India due to a ransomware attack. In this context, dividend stocks can offer stability and consistent income, making them an attractive option for investors looking to enhance their portfolios amidst uncertain times.Top 10 Dividend Stocks In SingaporeNameDividend YieldDividend RatingBRC Asia (SGX:BEC)7.08%★★★★★☆UOB-Kay Hian Holdings (SGX:U10)6.67%★★★★★☆China Sunsine Chemical Holdings (SGX:QES)6.46%★★★★★☆Multi-Chem (SGX:AWZ)8.71%★★★★★☆UOL Group (SGX:U14)3.73%★★★★★☆Bumitama Agri (SGX:P8Z)6.55%★★★★★☆Singapore Exchange (SGX:S68)3.48%★★★★★☆Singapore Airlines (SGX:C6L)7.86%★★★★★☆Civmec (SGX:P9D)5.17%★★★★★☆YHI International (SGX:BPF)6.49%★★★★★☆Click here to see the full list of 21 stocks from our Top SGX Dividend Stocks screener.Here we highlight a subset of our preferred stocks from the screener.Multi-Chem (SGX:AWZ)Simply Wall St Dividend Rating: ★★★★★☆Overview: Multi-Chem Limited, with a market cap of SGD251.37 million, is an investment holding company that distributes information technology products in Singapore, Greater China, Australia, India, and internationally.Operations: Multi-Chem Limited generates revenue from its IT business in Singapore (SGD 372.78 million), Australia (SGD 54.60 million), India (SGD 40.56 million), and Greater China (SGD 34.96 million), along with its PCB business in Singapore (SGD 1.79 million).Dividend Yield: 8.7%Multi-Chem's dividend payout ratio stands at 80.7%, indicating dividends are well-covered by earnings, and a cash payout ratio of 88.1% suggests coverage by free cash flows. Although the company has seen a significant earnings growth of 35.6% over the past year, its dividend track record is unstable and has been volatile with annual drops exceeding 20%. Despite these issues, Multi-Chem's current dividend yield is among the top 25% in Singapore’s market.Get an in-depth perspective on Multi-Chem's performance by reading our dividend report here.According our valuation report, there's an indication that Multi-Chem's share price might be on the cheaper side.SGX:AWZ Dividend History as at Aug 2024DBS Group Holdings (SGX:D05)Simply Wall St Dividend Rating: ★★★★☆☆Overview: DBS Group Holdings Ltd offers commercial banking and financial services across Singapore, Hong Kong, Greater China, South and Southeast Asia, and internationally with a market cap of SGD100.43 billion.Operations: DBS Group Holdings Ltd generates revenue from commercial banking and financial services across its key markets, including Singapore, Hong Kong, Greater China, South and Southeast Asia, as well as international operations.Dividend Yield: 5.6%DBS Group Holdings maintains a reasonable payout ratio of 50.8%, ensuring dividends are currently covered by earnings and forecasted to be covered in three years (67%). However, its dividend payments have been volatile over the past decade. Despite recent earnings growth of 16.7%, DBS's dividend yield (5.56%) is lower than the top 25% in the SG market. Recent executive changes aim to address technology issues, potentially impacting future operational stability and performance.Click to explore a detailed breakdown of our findings in DBS Group Holdings' dividend report.In light of our recent valuation report, it seems possible that DBS Group Holdings is trading behind its estimated value.SGX:D05 Dividend History as at Aug 2024Delfi (SGX:P34)Simply Wall St Dividend Rating: ★★★★☆☆Overview: Delfi Limited (SGX:P34) is an investment holding company that manufactures, markets, distributes, and sells chocolate and consumer products in Southeast Asia and internationally, with a market cap of SGD522.54 million.Operations: Delfi Limited generates revenue from its operations in Indonesia ($370.41 million) and Regional Markets ($185.07 million).Dividend Yield: 6.7%Delfi's dividend yield of 6.7% is among the top 25% in Singapore, but its payments have been volatile over the past decade and are not well covered by free cash flows (1776.7% cash payout ratio). While earnings grew by 5.4% last year and are forecasted to grow annually by 3.07%, high non-cash earnings raise concerns about quality. Delfi plans to report Q1, 2024 results on May 28, which may provide further insights into its financial health.Take a closer look at Delfi's potential here in our dividend report.Our expertly prepared valuation report Delfi implies its share price may be lower than expected.SGX:P34 Dividend History as at Aug 2024Turning Ideas Into ActionsDive into all 21 of the Top SGX Dividend Stocks we have identified here.Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments.Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage.Contemplating Other Strategies?Explore high-performing small cap companies that haven't yet garnered significant analyst attention.Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.Find companies with promising cash flow potential yet trading below their fair value.  This article by Simply Wall St is general in nature. We provide commentary based on historical data \n    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 \n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data. \n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. \n    Simply Wall St has no position in any stocks mentioned.New: Manage All Your Stock Portfolios in One PlaceWe've created the ultimate portfolio companion for stock investors, and it's free.• Connect an unlimited number of Portfolios and see your total in one currency• Be alerted to new Warning Signs or Risks via email or mobile• Track the Fair Value of your stocksTry a Demo Portfolio for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":1,"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":"4.28.1","shortVersion":"4.28.1","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/2457046767"}