Unveiling Three Premier Singapore Dividend Stocks Yielding Up To 7.6%

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Amidst a landscape of fluctuating global markets, Singapore's economic resilience and strategic positioning continue to attract attention from investors seeking stability and growth. As we explore the appeal of dividend stocks in this vibrant market, it's essential to consider how these assets can serve as a cornerstone for portfolios, especially in times when steady income is prized.

Top 10 Dividend Stocks In Singapore

Name

Dividend Yield

Dividend Rating

Civmec (SGX:P9D)

6.33%

★★★★★★

Yangzijiang Shipbuilding (Holdings) (SGX:BS6)

3.77%

★★★★★☆

Singapore Exchange (SGX:S68)

3.63%

★★★★★☆

BRC Asia (SGX:BEC)

7.69%

★★★★★☆

UOB-Kay Hian Holdings (SGX:U10)

6.52%

★★★★★☆

UOL Group (SGX:U14)

3.40%

★★★★★☆

Bumitama Agri (SGX:P8Z)

6.34%

★★★★★☆

YHI International (SGX:BPF)

6.49%

★★★★★☆

UMS Holdings (SGX:558)

4.15%

★★★★☆☆

Sing Investments & Finance (SGX:S35)

6.19%

★★★★☆☆

Click here to see the full list of 21 stocks from our Top Dividend Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

UMS Holdings

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

Overview: UMS Holdings Limited is an investment holding company that specializes in manufacturing and marketing high precision front-end semiconductor components, alongside offering electromechanical assembly and final testing services, with a market capitalization of approximately SGD 959.22 million.

Operations: UMS Holdings Limited generates revenue primarily from its semiconductor segment, which brought in SGD 260.04 million, and its aerospace division, which contributed SGD 22.70 million.

Dividend Yield: 4.1%

UMS Holdings is trading at 55.1% below its estimated fair value, with analysts predicting a 25.7% potential price increase. Despite a volatile dividend history over the past decade, the company maintains a reasonable payout ratio of 62.6%, ensuring dividends are covered by earnings and cash flows (cash payout ratio: 79.4%). However, its dividend yield of 4.15% is lower than the top quartile in Singapore's market at 6.27%. Recent board changes and proposed final dividends suggest ongoing governance adjustments and shareholder returns focus.

SGX:558 Dividend History as at Apr 2024
SGX:558 Dividend History as at Apr 2024

BRC Asia

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

Overview: BRC Asia Limited operates in the prefabrication of steel reinforcement for use in concrete, serving markets in Singapore, Australia, Brunei, Hong Kong, Indonesia, Malaysia, Thailand, India and internationally with a market capitalization of approximately SGD 570.65 million.