Top 3 SGX Dividend Stocks To Watch In September 2024

Simply Wall St.09-27

The Singapore stock market has been navigating a period of heightened volatility, influenced by global economic uncertainties and technological disruptions. Amidst these fluctuations, dividend stocks ...

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Amidst these fluctuations, dividend stocks ...</p>\n\n<a href=\"https://finance.yahoo.com/news/top-3-sgx-dividend-stocks-000529233.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance_sg","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 Watch In September 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\">\nTop 3 SGX Dividend Stocks To Watch In September 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-27 08:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/top-3-sgx-dividend-stocks-000529233.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has been navigating a period of heightened volatility, influenced by global economic uncertainties and technological disruptions. Amidst these fluctuations, dividend stocks ...</p>\n\n<a href=\"https://finance.yahoo.com/news/top-3-sgx-dividend-stocks-000529233.html\">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":"BK6515","symbol_name":"技术设备股","start_time":0,"source_url":"https://finance.yahoo.com/news/top-3-sgx-dividend-stocks-000529233.html","article_id":"2470132877","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/a.sEKjxhEoYN78c6Ks1r6w--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/3829cb7087cb975499acbf864a31c943"],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/top-3-sgx-dividend-stocks-000529233.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2470132877","pubTimestamp":1727395529,"sourceInfo":{"source_id":"yahoofinance_sg","name":"Yahoo Finance"},"weMediaInfo":null,"summary":"The Singapore stock market has been navigating a period of heightened volatility, influenced by global economic uncertainties and technological disruptions. Amidst these fluctuations, dividend stocks have emerged as a stable investment option, offering consistent returns through regular payouts.Click here to see the full list of 20 stocks from our Top SGX Dividend Stocks screener.Overview: Multi-Chem Limited, with a market cap of SGD245.96 million, is an investment holding company that distributes information technology products in Singapore, Greater China, Australia, India, and internationally.Unlock comprehensive insights into our analysis of Multi-Chem stock in this dividend report.Insights from our recent valuation report point to the potential overvaluation of Multi-Chem shares in the market.Overview: Sheng Siong Group Ltd, with a market cap of SGD 2.27 billion, operates a chain of supermarket retail stores in Singapore.Sheng Siong Group's dividend payments are covered by both ear","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6515":"技术设备股","AWZ.SI":"多元科技","OV8.SI":"昇菘","BK6057":"技术产品经销商","P8Z.SI":"布米达马农业"},"translate_title":"2024年9月最值得关注的3只新交所股息股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AWZ.SI":0.9,"OV8.SI":0.9,"P8Z.SI":0.9},"content_text":"The Singapore stock market has been navigating a period of heightened volatility, influenced by global economic uncertainties and technological disruptions. Amidst these fluctuations, dividend stocks have emerged as a stable investment option, offering consistent returns through regular payouts.\nTop 10 Dividend Stocks In Singapore\n\n\n\nName\nDividend Yield\nDividend Rating\n\n\nBRC Asia (SGX:BEC)\n6.96%\n★★★★★☆\n\n\nBumitama Agri (SGX:P8Z)\n6.37%\n★★★★★☆\n\n\nSingapore Airlines (SGX:C6L)\n7.24%\n★★★★★☆\n\n\nYHI International (SGX:BPF)\n6.56%\n★★★★★☆\n\n\nSingapore Exchange (SGX:S68)\n3.23%\n★★★★★☆\n\n\nQAF (SGX:Q01)\n6.06%\n★★★★★☆\n\n\nAztech Global (SGX:8AZ)\n9.90%\n★★★★☆☆\n\n\nUOB-Kay Hian Holdings (SGX:U10)\n6.13%\n★★★★☆☆\n\n\nOversea-Chinese Banking (SGX:O39)\n5.78%\n★★★★☆☆\n\n\nDelfi (SGX:P34)\n6.49%\n★★★★☆☆\n\n\n\nClick here to see the full list of 20 stocks from our Top SGX Dividend Stocks screener.\nBelow we spotlight a couple of our favorites from our exclusive screener.\nMulti-Chem\nSimply Wall St Dividend Rating: ★★★★☆☆\nOverview: Multi-Chem Limited, with a market cap of SGD245.96 million, is an investment holding company that distributes information technology products in Singapore, Greater China, Australia, India, and internationally.\nOperations: Multi-Chem Limited generates revenue from distributing information technology products across various regions, including SGD407.17 million from Singapore's IT business, SGD54.17 million from India's IT business, SGD50.04 million from Australia's IT business, and SGD135.87 million from other international IT businesses, along with SGD1.69 million from Singapore's PCB business and a segment adjustment of SGD38.87 million.\nDividend Yield: 9.7%\nMulti-Chem's dividend yield of 9.74% is among the top 25% in Singapore, but its sustainability is questionable due to a high cash payout ratio of 1054.3%. While dividends have grown over the past decade, they have been volatile and not reliably covered by free cash flows. Recent earnings growth is strong, with net income rising to S$16.42 million for H1 2024 from S$11.41 million a year ago, supporting an interim dividend increase to S$0.111 per share.\n\nUnlock comprehensive insights into our analysis of Multi-Chem stock in this dividend report.\nInsights from our recent valuation report point to the potential overvaluation of Multi-Chem shares in the market.\n\n\n\n\n  SGX:AWZ Dividend History as at Sep 2024\n \n\nSheng Siong Group\nSimply Wall St Dividend Rating: ★★★★☆☆\nOverview: Sheng Siong Group Ltd, with a market cap of SGD 2.27 billion, operates a chain of supermarket retail stores in Singapore.\nOperations: Sheng Siong Group Ltd generates revenue primarily through its supermarket operations, selling consumer goods amounting to SGD 1.39 billion.\nDividend Yield: 4.1%\nSheng Siong Group's dividend payments are covered by both earnings (payout ratio: 69.6%) and free cash flows (cash payout ratio: 51.8%). Although dividends have increased over the past decade, they have been volatile, with significant annual drops. The company trades at 59.1% below its estimated fair value and reported H1 2024 sales of S$714.2 million, up from S$690.48 million a year ago, with net income rising to S$69.91 million from S$65.36 million.\n\nTake a closer look at Sheng Siong Group's potential here in our dividend report.\nInsights from our recent valuation report point to the potential undervaluation of Sheng Siong Group shares in the market.\n\n\n\n\n  SGX:OV8 Dividend History as at Sep 2024\n \n\nBumitama Agri\nSimply Wall St Dividend Rating: ★★★★★☆\nOverview: Bumitama Agri Ltd. is an investment holding company involved in the production and trade of crude palm oil, palm kernel, and related products for refineries in Indonesia with a market cap of SGD1.31 billion.\nOperations: Bumitama Agri Ltd. generates revenue primarily from its Plantations and Palm Oil Mills segment, amounting to IDR15.55 trillion.\nDividend Yield: 6.4%\nBumitama Agri's dividend payments are covered by earnings (payout ratio: 47.2%) and cash flows (cash payout ratio: 54.8%). Despite a top-tier dividend yield of 6.37%, the company has an unstable dividend track record over the past decade, with recent decreases in interim dividends to S$0.012 per share. H1 2024 net income fell to IDR 856.79 million from IDR 1,188.89 million a year ago, reflecting potential challenges ahead for consistent payouts.\n\nClick here to discover the nuances of Bumitama Agri with our detailed analytical dividend report.\nOur valuation report unveils the possibility Bumitama Agri's shares may be trading at a discount.\n\n\n\n\n  SGX:P8Z Dividend History as at Sep 2024\n \n\nWhere To Now?\n\nReveal the 20 hidden gems among our Top SGX Dividend Stocks screener with a single click here.\nAre you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.\nEnhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent.\n\nReady To Venture Into Other Investment Styles?\n\nExplore high-performing small cap companies that haven't yet garnered significant analyst attention.\nFuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.\nFind companies with promising cash flow potential yet trading below their fair value.\n\n 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.\nCompanies discussed in this article include SGX:AWZ SGX:OV8 and SGX:P8Z.\nHave 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":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"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":"4.29.1","shortVersion":"4.29.1","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/2470132877"}