SGX Dividend Stocks Hour Glass And 2 Others To Boost Your Portfolio
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In recent months, the Singapore market has shown resilience amid global economic uncertainties, with investors keenly observing the performance of various indices and sectors. As dividend stocks continue to attract attention for their potential to provide steady income, understanding what makes a good dividend stock—such as consistent payouts and strong financial health—can be crucial in navigating these dynamic market conditions.
Top 10 Dividend Stocks In Singapore
| Name | Dividend Yield | Dividend Rating |
| BRC Asia (SGX:BEC) | 6.72% | ★★★★★☆ |
| Bumitama Agri (SGX:P8Z) | 6.41% | ★★★★★☆ |
| Singapore Airlines (SGX:C6L) | 7.42% | ★★★★★☆ |
| YHI International (SGX:BPF) | 6.36% | ★★★★★☆ |
| Singapore Exchange (SGX:S68) | 3.07% | ★★★★★☆ |
| QAF (SGX:Q01) | 5.99% | ★★★★★☆ |
| Aztech Global (SGX:8AZ) | 10.00% | ★★★★☆☆ |
| Oversea-Chinese Banking (SGX:O39) | 5.77% | ★★★★☆☆ |
| Delfi (SGX:P34) | 6.59% | ★★★★☆☆ |
| Nordic Group (SGX:MR7) | 4.18% | ★★★★☆☆ |
Click here to see the full list of 19 stocks from our Top SGX Dividend Stocks screener.
We'll examine a selection from our screener results.
Hour Glass
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: The Hour Glass Limited is an investment holding company that focuses on 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 SGD1.10 billion.
Operations: The Hour Glass Limited generates SGD1.13 billion in revenue from its retailing and distribution activities in watches, jewelry, and luxury products.
Dividend Yield: 4.7%
Hour Glass's dividend payments have been volatile over the past decade, yet they are well covered by both earnings and cash flows, with a payout ratio of 33.5% and a cash payout ratio of 46.2%. Recently, a final dividend of S$0.06 per share was approved for FY2024. Despite offering a lower yield compared to top-tier Singaporean dividend stocks, its low price-to-earnings ratio suggests potential value for investors seeking income stability amidst board changes and share repurchase activities.
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Click to explore a detailed breakdown of our findings in Hour Glass' dividend report.
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Upon reviewing our latest valuation report, Hour Glass' share price might be too optimistic.
Genting Singapore
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Genting Singapore Limited is an investment holding company focused on the construction, development, and operation of integrated resort destinations in Asia, with a market cap of SGD10.26 billion.
Operations: Genting Singapore Limited generates revenue primarily from its integrated resort destinations in Asia.