The Smart Investor
    Facebook Instagram
    Saturday, October 17
    Facebook Instagram LinkedIn
    The Smart Investor
    • Home
    • About
      • About Us
      • Careers
    • Smart Investing
      • Getting Started
      • Investing Strategy
      • Smart Analysis
      • Smart Reads
    • US Stocks
    • Special Free Reports!
    • As Featured on BT
    • Our Services
      • Our Services
      • Subscribe now!
    • Login
    • Cart
    The Smart Investor
    Home»Dividend Stocks»4 Dependable Singapore Stocks That Paid Dividends for 20 Years or More
    Dividend Stocks

    4 Dependable Singapore Stocks That Paid Dividends for 20 Years or More

    We highlight four solid Singapore companies that have dished out reliable dividends to investors for two decades or more.
    Calvina L.By Calvina L.October 9, 20266 Mins Read
    Facebook Twitter LinkedIn Email WhatsApp
    DBS
    Image credit: www.dbs.com.sg
    Share
    Facebook Twitter LinkedIn Email WhatsApp
    Company NameYears of Continuous DividendsReported Revenue or IncomeLatest Annualised Dividend
    DBS Group Holdings Ltd (SGX: D05)25 Years1H2026:S$12.04 billionS$3.24 per share
    Singapore Exchange Limited (SGX: S68)27 YearsFY2026:S$1.48 billionS$0.57 per share
    Boustead Singapore Limited (SGX: F9D)23 YearsFY2026: S$618.3 millionS$0.10 per share
    Haw Par Corporation Limited (SGX: H02)30 Years1H2026: S$115.9 millionS$0.40 per share

    Income investors rely on dividends to provide a stream of passive income.

    Finding businesses that have consistently distributed cash dividends across multiple decades provides reassurance that their business models, balance sheets, and capital discipline can endure challenging economic environments.

    We look at four dependable Singapore companies with an impressive track record of paying out dividends for two decades or more, along with their latest results.

    DBS Group Holdings Ltd (SGX: D05)

    DBS remains a cornerstone holding for many local income portfolios.

    The group boasts an unbroken dividend distribution streak dating back to 2001, representing 25 consecutive years of payout reliability.

    Back in 2001, DBS paid dividends twice a year, totalling S$0.23 per share after adjusting for later rights and bonus issues. 

    Today, its ordinary dividend alone is nearly three times that amount every quarter.

    For the second quarter of 2026 (2Q2026), the local blue-chip lender declared a quarterly distribution of S$0.81 per share, comprising an ordinary dividend of S$0.66 and a capital return component of S$0.15.

    This brought its total 1H2026 distribution to S$1.62 per share, an 8% improvement over the S$1.50 per share distributed in 1H2025.

    For 1H2026, total income rose 3.5% year on year (YoY) to S$12.04 billion, marking the first time the bank surpassed S$12 billion in a single half-year.

    Net fee and commission income surged 20.5% to S$2.94 billion, supported by robust growth in wealth management as total fee-earning assets crossed S$500 billion. 

    Net profit set a fresh record high of S$6.01 billion while annualised return on equity (ROE) came in at 17.9%. 

    Under Group CEO Tan Su Shan, the bank continues to leverage wealth management expansion and fee income momentum to buffer against pressure on net interest margins and sustain its regular shareholder distributions.

    Singapore Exchange Limited (SGX: S68)

    As Singapore’s sole stock exchange operator, SGX commands a natural market position across equities, fixed income, foreign exchange, and multi-asset derivatives. 

    The bourse operator has paid dividends without fail since its listing in 1999.

    Back in FY2003, SGX distributed a modest annual dividend of S$0.051 per share.

    Total proposed dividends  for FY2026 came to S$0.57 per share, up from S$0.375 in FY2025.

    This payout included a higher final quarterly dividend of S$0.115 alongside a one-off additional dividend of S$0.125 per share, funded by gains from capital recycling.

    Operating performance for FY2026 showed broad strength across divisions.

    Net revenue climbed 13.9% year-on-year to S$1.48 billion, while adjusted net profit expanded 24.6% to S$759 million. 

    Adjusted earnings per share reached S$0.71. 

    The group continues to benefit from capital-light cash flow generation – SGX FX, its foreign exchange business, hit a record average daily volume of US$190 billion, up 33%, with growth led by clients in Europe, the Middle East, Africa and the Americas.

    Related articles:

    • 3 Dividend Blue Chips Powering the STI’s 2026 Rally
    • DBS at a Record High: Buy, Hold or Wait for a Pullback?

    Boustead Singapore Limited (SGX: F9D)

    Boustead Singapore is a diversified engineering and infrastructure conglomerate featuring four distinct business divisions: Real Estate Solutions under Boustead Projects, Energy Engineering, Geospatial Technology, and Healthcare. 

    The engineering firm has paid a dividend every year since resuming payouts in FY2003, building a 23-year unbroken record.

    Its FY2003 total dividend was just S$0.0075 per share. 

    For its FY2026 ended 31 March 2026, the board declared a total dividend of S$0.10 per share, up from S$0.075 in FY2025.

    This comprised S$0.015 in interim dividend, S$0.04 in final dividend and a S$0.045 special dividend.

    Full-year revenue rose 18% YoY to S$624.4 million.

    Net profit rose 145% to S$232.6 million, boosted by a one-off gain from selling properties to UI Boustead REIT (SGX: UIBU).

    Boustead’s conservative balance sheet management, net cash position, and steady recurring maintenance income from its geospatial business continue to anchor its multi-decade distribution track record.

    Related articles:

    • 5 Reliable Dividend Stocks I’m Watching for My Income Portfolio
    • Beyond Blue Chips: 3 Cash-Rich Stocks Paying More Than Your CPF

    Haw Par Corporation Limited (SGX: H02)

    Haw Par is a heritage healthcare and investment holding conglomerate renowned worldwide for its iconic Tiger Balm range of ointments, salves, and medicated patches. 

    Beyond healthcare manufacturing, Haw Par owns commercial real estate properties and holds substantial strategic equity stakes in major blue chips, including United Overseas Bank Limited (SGX: U11), or UOB, and UOL Group Limited (SGX: U14).

    Haw Par has one of the longest continuous dividend records on the local bourse, paying uninterrupted dividends for 30 consecutive years since 1996. 

    The company’s annual payout has grown from S$0.081 per share in 1996 to a steady baseline run rate of S$0.40 per share in recent years.

    For 1H2026, healthcare division revenue reached S$106.3 million with operating margin holding firm at 30.2%. 

    Net profit fell 25.2% to S$107.9 million due to lower dividend and interest income. 

    Net asset value (NAV) per share rose 10.6% to S$21.43.

    An interim dividend of S$0.20 per share was declared for 1H2026. 

    Backed by S$881.3 million in cash and Singapore Treasury bills, Haw Par retains an exceptionally clean balance sheet to support ongoing cash distributions to shareholders.

    Related articles:

    • SGX Board Lot Reduction: 4 Stocks Set to Benefit in October 2026
    • Searching for Reliable Singapore Dividend Stocks? Here Are 4 That Could Fit Snugly in an Income Investor’s Portfolio


    Get Smart: The Power of Multi-Decade Income Engines

    Chasing headline yields is rarely a recipe for long-term investing success. 

    Real wealth compounding comes from businesses with proven resilience, rock-solid balance sheets, and a demonstrated commitment to returning cash to shareholders through all economic cycles.

    Anchoring your portfolio with dependable dividend Singapore stocks can provide peace of mind and a reliable income stream for decades to come.

    If you want to retire with a constant stream of dividends, these 5 stocks might be all you need. We’ve found 5 SG stocks that have kept paying (and growing) through inflation, rate hikes, and recessions. See what they are with our latest free report for SGX dividend investors. Click here to get instant access.

    Follow us on Facebook, Instagram, Telegram and YouTube for the latest investing news and analyses!

    Disclosure: Calvina L. owns shares of DBS and SGX.

    Yahoo
    Share. Facebook Twitter LinkedIn Email WhatsApp

    Related Posts

    Top Stock Market Highlights of the Week: SMID Institutional Inflows, SGX’s New ETF and AI SDRs, and Beauty World Plaza

    October 17, 2026
    Market Volatility

    How to Stay Invested During Market Volatility

    October 16, 2026
    CICT CapitaSpring

    4 Singapore Blue-Chip Stocks I Will Buy with S$40,000

    October 16, 2026
    Facebook Instagram LinkedIn Telegram YouTube TikTok
    • Careers
    • Disclaimer & Privacy Policy
    • Advertising & Media Enquiries
    • Subscription Terms of Service
    © 2026 The Smart Investor. All Rights Reserved. The Smart Investor, thesmartinvestor.com.sg, an investment education website managed by The Investing Hustle Pte Ltd (Company Reg No. 201933459Z) is not licensed or otherwise regulated by the Monetary Authority of Singapore, and in particular, is not licensed or regulated to carry on business in providing any financial advisory service. Accordingly, any information provided on this site is meant purely for informational and investor educational purposes and should not be relied upon as financial advice. No information is presented with the intention to induce any reader to buy, sell, or hold a particular investment product or class of investment products. Rather, the information is presented for the purpose and intentions of educating readers on matters relating to financial literacy and investor education. Accordingly, any statement of opinion on this site is wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader. The Smart Investor does not recommend any particular course of action in relation to any investment product or class of investment products. Readers are encouraged to exercise their own judgment and have regard to their own personal needs and circumstances before making any investment decision, and not rely on any statement of opinion that may be found on this site.

    Type above and press Enter to search. Press Esc to cancel.

    This article was first posted on September 17, 2024 and republished on October 9, 2026.