Top SGX Dividend Stocks To Consider In October 2024

Simply Wall St.10-10

As Singapore's market continues to navigate a period of transformation and recovery, investors are increasingly focused on stable returns amidst evolving economic conditions. In this context, dividend...

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/2474404787?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/4Z2zABeV9DiesrFHRLjB2w--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/36c6840dc76edf99f4dd4c6af7e086b2","is_english":true,"pubTime":"2024-10-10 08:07","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2474404787","market":"us","top_or_hot":-1,"title":"Top SGX Dividend Stocks To Consider In October 2024","media":"Simply Wall St.","content":"<div>\n<p>As Singapore's market continues to navigate a period of transformation and recovery, investors are increasingly focused on stable returns amidst evolving economic conditions. In this context, dividend...</p>\n\n<a href=\"https://finance.yahoo.com/news/top-sgx-dividend-stocks-consider-000704524.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 SGX Dividend Stocks To Consider In October 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 SGX Dividend Stocks To Consider In October 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-10 08:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/top-sgx-dividend-stocks-consider-000704524.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As Singapore's market continues to navigate a period of transformation and recovery, investors are increasingly focused on stable returns amidst evolving economic conditions. In this context, dividend...</p>\n\n<a href=\"https://finance.yahoo.com/news/top-sgx-dividend-stocks-consider-000704524.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":"P34.SI","symbol_name":"DELFI LIMITED","start_time":0,"source_url":"https://finance.yahoo.com/news/top-sgx-dividend-stocks-consider-000704524.html","article_id":"2474404787","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/4Z2zABeV9DiesrFHRLjB2w--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/36c6840dc76edf99f4dd4c6af7e086b2"],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/top-sgx-dividend-stocks-consider-000704524.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2474404787","pubTimestamp":1728518824,"sourceInfo":{"source_id":"yahoofinance_sg","name":"Yahoo Finance"},"weMediaInfo":null,"summary":"As Singapore's market continues to navigate a period of transformation and recovery, investors are increasingly focused on stable returns amidst evolving economic conditions. In this context, dividend stocks are gaining attention for their potential to provide consistent income streams, making them an attractive consideration for those looking to balance growth with regular payouts.Click here to see the full list of 19 stocks from our Top SGX Dividend Stocks screener.Overview: The Hour Glass Limited is an investment holding company involved in the retailing and distribution of watches, jewelry, and other luxury products across several countries including Singapore, Hong Kong, Japan, Australia, New Zealand, Malaysia, Thailand, and Vietnam with a market cap of SGD1.04 billion.Overview: YHI International Limited is an investment holding company that, along with its subsidiaries, distributes automotive and industrial products across Singapore, Malaysia, China, Hong Kong, Taiwan, Australia,","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"P34.SI":"DELFI LIMITED","AGS.SI":"欧佳时","BK6514":"零售商股","BPF.SI":"友发","BK6105":"专卖店"},"translate_title":"2024年10月最值得考虑的新交所股息股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AGS.SI":0.9,"BPF.SI":0.9,"P34.SI":0.9},"content_text":"As Singapore's market continues to navigate a period of transformation and recovery, investors are increasingly focused on stable returns amidst evolving economic conditions. In this context, dividend stocks are gaining attention for their potential to provide consistent income streams, making them an attractive consideration for those looking to balance growth with regular payouts.\nTop 10 Dividend Stocks In Singapore\n\n\n\nName\nDividend Yield\nDividend Rating\n\n\nBRC Asia (SGX:BEC)\n6.75%\n★★★★★☆\n\n\nBumitama Agri (SGX:P8Z)\n6.27%\n★★★★★☆\n\n\nSingapore Airlines (SGX:C6L)\n7.40%\n★★★★★☆\n\n\nYHI International (SGX:BPF)\n6.36%\n★★★★★☆\n\n\nSingapore Exchange (SGX:S68)\n3.10%\n★★★★★☆\n\n\nQAF (SGX:Q01)\n6.10%\n★★★★★☆\n\n\nAztech Global (SGX:8AZ)\n9.80%\n★★★★☆☆\n\n\nOversea-Chinese Banking (SGX:O39)\n5.84%\n★★★★☆☆\n\n\nDelfi (SGX:P34)\n6.51%\n★★★★☆☆\n\n\nNordic Group (SGX:MR7)\n4.06%\n★★★★☆☆\n\n\n\nClick here to see the full list of 19 stocks from our Top SGX Dividend Stocks screener.\nLet's explore several standout options from the results in the screener.\nHour Glass\nSimply Wall St Dividend Rating: ★★★★☆☆\nOverview: The Hour Glass Limited is an investment holding company involved in the retailing and distribution of watches, jewelry, and other luxury products across several countries including Singapore, Hong Kong, Japan, Australia, New Zealand, Malaysia, Thailand, and Vietnam with a market cap of SGD1.04 billion.\nOperations: The Hour Glass Limited generates revenue of SGD1.13 billion from its operations in retailing and distributing watches, jewelry, and other luxury products.\nDividend Yield: 5%\nHour Glass's dividend payments have been volatile over the past decade, with an annual drop exceeding 20% at times. Despite this instability, dividends are well-covered by earnings (payout ratio: 33.5%) and cash flows (cash payout ratio: 46.2%). Recently, a final dividend of S$0.06 per share was approved for FY2024, payable on August 21, 2024. The company has also initiated a share buyback program authorized to repurchase up to 10% of its issued capital.\n\nClick here to discover the nuances of Hour Glass with our detailed analytical dividend report.\nUpon reviewing our latest valuation report, Hour Glass' share price might be too pessimistic.\n\n\n\n\n  SGX:AGS Dividend History as at Oct 2024\n \n\nYHI International\nSimply Wall St Dividend Rating: ★★★★★☆\nOverview: YHI International Limited is an investment holding company that, along with its subsidiaries, distributes automotive and industrial products across Singapore, Malaysia, China, Hong Kong, Taiwan, Australia, New Zealand and internationally; it has a market cap of SGD144.40 million.\nOperations: YHI International Limited generates revenue through various segments, including Distribution - ASEAN (SGD119.40 million), Distribution - Other (SGD33.31 million), Manufacturing - ASEAN (SGD55.05 million), Distribution - Oceania (SGD140.24 million), Distribution - North East Asia (SGD17.99 million), and Manufacturing - North East Asia, excluding rental income (SGD57.20 million).\nDividend Yield: 6.4%\nYHI International's dividend yield is in the top 25% of Singapore's market, supported by a reasonable payout ratio of 68.9% and a cash payout ratio of 43.3%. However, its dividend history has been unstable over the past decade. Recent earnings reports show modest growth, with sales reaching S$198.61 million and net income at S$7.71 million for the first half of 2024, indicating potential for continued dividend coverage despite past volatility.\n\nClick to explore a detailed breakdown of our findings in YHI International's dividend report.\nOur expertly prepared valuation report YHI International implies its share price may be lower than expected.\n\n\n\n\n  SGX:BPF Dividend History as at Oct 2024\n \n\nDelfi\nSimply Wall St Dividend Rating: ★★★★☆☆\nOverview: Delfi Limited is an investment holding company that manufactures, markets, distributes, and sells chocolate and consumer products in Indonesia, the Philippines, Malaysia, Singapore, and internationally with a market cap of SGD528.65 million.\nOperations: Delfi Limited generates its revenue primarily from Indonesia, contributing $349.57 million, and from Regional Markets, adding $183.30 million.\nDividend Yield: 6.5%\nDelfi's dividend yield ranks in the top 25% of Singapore's market, yet its sustainability is questionable due to a high cash payout ratio of 750.7%, indicating dividends are not well covered by cash flows. Despite a reasonable earnings payout ratio of 57.2%, recent interim dividends slightly decreased amid declining sales and net income for the first half of 2024. The company has faced volatility in dividend payments over the past decade, challenging its reliability for consistent returns.\n\nUnlock comprehensive insights into our analysis of Delfi stock in this dividend report.\nThe valuation report we've compiled suggests that Delfi's current price could be quite moderate.\n\n\n\n\n  SGX:P34 Dividend History as at Oct 2024\n \n\nNext Steps\n\nUnlock our comprehensive list of 19 Top SGX Dividend Stocks by clicking here.\nHave a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.\nDiscover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets.\n\nLooking For Alternative Opportunities?\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:AGS SGX:BPF and SGX:P34.\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":1},"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/2474404787"}