Dividends represent a tangible return on your investment that is unaffected by the volatility of share prices.
They also count as a useful stream of passive income that can sustain you through your retirement.
Luckily, Singapore’s stock market has a wide range of dividend-paying stocks that you can sift through to add to your buy watchlist.
Here are four that are yielding 4.2% or higher.
CSE Global (SGX: 544)
CSE Global is a systems integrator that provides electrification, communications, and automation solutions to a variety of industries globally.
The group has a presence in 15 countries with 61 offices and employs more than 2,000 staff.
For 2024, CSE Global reported a solid set of earnings with revenue rising 18.8% year on year to S$861.2 million.
Net profit soared 63.2% year on year to S$36.8 million.
However, the group declared a final dividend of S$0.0115, down from the previous year’s S$0.015.
Coupled with the interim dividend of S$0.0125, the total dividend for 2024 stood at S$0.024.
Shares of CSE Global provide a trailing dividend yield of 4.2%.
The engineering group released a mixed business update for the first quarter of 2025 (1Q 2025).
Revenue inched up 4% year on year to S$205.5 million.
However, order intake fell by 11.3% year on year to S$155.3 million.
CSE Global’s order book tumbled 14.4% year on year to S$616 million.
Management warned that the global economic outlook, along with inflationary pressures, could lead to continued market uncertainty.
The group also concluded its acquisition of Chicago Communications, LLC at the end of April 2025.
ComfortDelGro Corporation Limited (SGX: C52)
ComfortDelGro Corporation, or CDG, is a multi-modal transport operator with a suite of transportation solutions.
The group’s network covers public transport such as buses and rail, along with private hire cars and taxis spanning 13 countries.
CDG reported a solid set of earnings for 2024 with revenue rising 15.4% year on year to S$4.5 billion.
Operating profit climbed 18.7% year on year to S$322.9 million while net profit increased by 16.6% year on year to S$210.5 million.
A final dividend of S$0.0425 was declared and paid, up 13% year on year.
The total dividend for 2024 stood at S$0.077, up nearly 17% year on year, giving shares of CDG a trailing dividend yield of 5.3%.
The land transport giant released an encouraging business update for 1Q 2025.
Revenue shot up 16.4% year on year to S$1.17 billion, lifted by the acquisitions of A2B and Addison Lee in 2024.
Operating profit leapt 45.5% year on year to S$81.5 million, and net profit increased by 19% year on year to S$48.3 million.
CDG recently commenced a two-year pilot program to deploy commercial robotaxi services in Guangzhou, China.
StarHub (SGX: CC3)
StarHub is one of the three major telecommunication companies (telcos) in Singapore, and offers a range of services such as mobile, Pay TV, and broadband.
For 2024, StarHub reported a slight 0.2% year-on-year dip in total revenue to S$2.4 billion.
Net profit improved by 7.3% year on year to S$160.5 million.
A final dividend of S$0.032 was declared, taking the total 2024 dividend to S$0.062, which exceeded management’s guidance of “at least S$0.06”.
StarHub’s shares provide a trailing dividend yield of 5.3%.
The telco expects its enterprise managed services and regional ICT services divisions to post growth for 2025.
Cash generation capability is expected to stay robust for the rest of this year, with the total dividend to be the higher of S$0.06 or 80% of net attributable profit (excluding one-offs).
1Q 2025 saw a downbeat set of earnings from StarHub.
Service revenue dipped slightly to S$464 million, but net profit tumbled 18.4% year on year to S$31.8 million because of higher depreciation and amortisation.
The telco aims to grow its consumer market share, scale its regional enterprise, and pursue acquisitive growth.
Food Empire (SGX: F03)
Food Empire is a food and beverage manufacturer with a portfolio spanning snack foods, instant beverages, and food ingredients.
The group owns nine manufacturing facilities in six countries and boasts proprietary brands such as MacCoffee, CafePHO, and Hillway.
Food Empire reported a mixed set of earnings for 2024.
Total revenue rose almost 12% year on year to US$476.3 million, representing its fourth consecutive year of topline growth.
However, net profit declined by 11.4% (excluding exceptional items) to US$50 million.
The board proposed and paid out a total dividend of S$0.08, consisting of a first and final dividend of S$0.06 and a special dividend of S$0.02.
Shares of Food Empire provide a trailing dividend yield of 4.3%.
The instant beverage manufacturer kicked off a strong start to 2025.
For 1Q 2025, the business registered a 16.3% year-on-year growth in total revenue to US$136.6 million.
The group will establish a new freeze-dried soluble coffee manufacturing facility in Binh Dinh province.
Construction will begin by the end of 2025, and this facility should be completed by 2028.
Want to protect your child’s money from inflation? Transform your child’s ‘piggy bank’ into a ‘golden goose’ that keeps giving even until they have grandchildren. Our latest FREE report shows you a stress-free method and 3 superstar stocks that could protect your child’s money from inflation. Click HERE to get a copy of our latest guide.
Follow us on Facebook, Instagram and Telegram for the latest investing news and analyses!
Disclosure: Royston Yang does not own shares in any of the companies mentioned.
