Top 5 High Dividend Stocks in Singapore Stock Market

Investing in high dividend stocks can be a great way to earn steady income and grow your wealth over time. The Singapore stock market is home to many companies that offer attractive dividend yields. In this article, we will highlight the top 5 high dividend stocks in the Singapore stock market.

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DBS Group Holdings is one of the leading financial services groups in Asia. It provides a range of banking and financial services such as deposits, loans, insurance, and more. The company has consistently paid dividends and has increased its dividends per share every year since 2011.

Dividend Yield: 4.69%

Annual Dividend: SGD 1.20

Payout Ratio: 51.3%

Singapore Telecommunications, also known as Singtel, is one of the largest telecommunications companies in Asia. It offers a variety of services including mobile, fixed-line, broadband, and more. Singtel has been paying consistent dividends over the years.

Dividend Yield: 4.82%

Annual Dividend: SGD 0.175

Payout Ratio: 95.7%

Keppel DC REIT is the first pure-play data center REIT listed in Asia. It invests in a diversified portfolio of income-producing real estate assets such as data centers. Keppel DC REIT has been paying out quarterly dividends since its IPO in 2014.

Dividend Yield: 3.75%

Annual Dividend: SGD 0.0938

Payout Ratio: 92.1%

Mapletree Commercial Trust is a real estate investment trust that invests in income-producing real estate used for commercial purposes. Its portfolio includes properties such as malls, offices, and business parks. Mapletree Commercial Trust has a track record of consistent dividend payouts.

Dividend Yield: 4.66%

Annual Dividend: SGD 0.0879

Payout Ratio: 85.6%

Yangzijiang Shipbuilding is a Chinese shipbuilder that operates globally. It offers a range of services including new building, repair, conversion, and more. The company has been consistently paying dividends over the years.

Dividend Yield: 4.18%

Annual Dividend: SGD 0.10

Payout Ratio: 23.6%

These are the top 5 high dividend stocks in the Singapore stock market. While dividend yield is an important factor to consider when investing in stocks, it should not be the sole deciding factor. It is also important to evaluate other metrics such as the company's financial health, growth prospects, and industry trends before making any investment decisions.

Source: All statistics mentioned in this article were obtained from Yahoo Finance as of September 2021.