Blue-chip stocks are famed for their stability and resilience and deserve a place in every investor’s portfolio.
Not only are these stocks dependable, but they also pay out a dividend that acts as a source of passive income.
Income investors may be interested in knowing which blue-chip stocks possess a good dividend yield so they can start building up an increasing stream of dividend income.
Here are five with dividend yields of 5.4% or more.
DBS Group (SGX: D05)
DBS Group is Singapore’s largest bank by market capitalisation.
The lender offers a comprehensive range of banking, insurance, and investment services to its customers.
DBS reported a respectable set of earnings for the first quarter of 2025 (1Q 2025).
Total income rose 6% year on year to S$5.9 billion on the back of a 2% year-on-year increase in commercial book net interest income.
The bank’s net profit, however, dipped by 2% year on year to S$2.9 billion because of the implementation of a 15% global minimum tax rate.
For 1Q 2025, DBS declared an interim dividend of S$0.60 and a capital return dividend of S$0.15 to manage down its excess capital.
DBS’s trailing 12-month dividend stood at S$2.43, giving its shares a trailing dividend yield of 5.6%.
CEO Tan Su Shan sees resilient business momentum in April, but there are risks from the heightened uncertainty arising from President Trump’s raft of tariffs.
The group’s net interest margin is expected to come down slightly for 2025, offset by loan growth.
Net profit for 2025 is projected to be below last year’s levels due to the global minimum tax rate.
Venture Corporation (SGX: V03)
Venture is a provider of technology services, products, and solutions and has customers in verticals such as life sciences, genomics, healthcare, and network and communications.
The blue-chip contract manufacturer reported a respectable set of earnings for 2024 despite the semiconductor downturn.
Revenue fell 9.6% year on year to S$2.7 billion while net profit tumbled 9.3% year on year to S$245 million.
Despite the decline in net profit, Venture still churned out a positive free cash flow of S$466 million, down 1.7% year on year.
A final dividend of S$0.50 was declared, taking the total dividend for 2024 to S$0.75.
Venture’s shares provide a trailing dividend yield of 6.8%.
Management remarked that the group is at various stages of implementing new business wins in design and manufacturing, and targets for growth in 2025.
Mapletree Industrial Trust (SGX: ME8U)
Mapletree Industrial Trust, or MIT, is an industrial REIT with a portfolio of 56 properties in the US, 83 in Singapore, and two in Japan.
The REIT’s assets under management stood at S$49.1 billion as of 31 March 2025.
For fiscal 2025 (FY2025) ending 31 March 2025, MIT reported a 2.1% year-on-year increase in gross revenue to S$711.8 million.
Net property income (NPI) inched up 2% year on year to S$531.5 million.
Distribution per unit rose 1% year on year to S$0.1357, giving MIT’s units a trailing distribution yield of 6.9%.
MIT’s portfolio occupancy stood at 91.6% as of 31 March 2025, and its Singapore properties registered a positive rental reversion of 8.1% for renewal leases.
The REIT recently divested its Georgia Data Centre in the US for US$11.8 million, a premium to the asset’s valuation of US$9.95 million.
May also saw the completion of the final phase of fitting-out works for MIT’s data centre asset in Tokyo, Japan.
Genting Singapore (SGX: G13)
Genting Singapore owns and operates the integrated resort (IR) at Resorts World Sentosa (RWS) in Singapore.
The IR operator reported a mixed set of results for 2024.
Revenue rose 5% year on year to S$2.5 billion, but operating profit dipped 6% year on year to S$727.2 million because of higher cost of sales and administrative expenses.
Net profit dipped by 5% year on year to S$578.9 million.
Despite the dip, the business still generated a positive free cash flow of S$430 million for 2024.
Genting Singapore declared a final dividend of S$0.02 for the year, unchanged from a year ago.
Coupled with its interim dividend of S$0.02, the total dividend for 2024 came up to S$0.04, giving the IR operator’s shares a trailing dividend yield of 5.4%.
OCBC Ltd (SGX: O39)
OCBC is Singapore’s second-largest bank by market capitalisation and also provides a wide range of banking, insurance, and investment services.
The bank reported a mixed set of earnings for 1Q 2025.
Total income rose 1% year on year to S$3.66 billion.
The increase was mainly contributed by a 10% year-on-year jump in non-interest income to S$1.3 billion, which was offset by a 4% year-on-year dip in net interest income.
OCBC’s net interest margin dipped from 2.27% to 2.04% because of a steady decline in global interest rates.
Net profit for the quarter fell 5% year on year to S$1.89 billion.
The bank paid a dividend of S$1.01 last year, comprising ordinary dividends of S$0.85 per share and a special dividend of S$0.16 per share.
OCBC’s trailing dividend yield stood at 6.2%.
If you’re nervous, confused, or worried about buying your first stock, then our latest beginner’s guide to investing can help. It’s easy to read yet packed with valuable insights. Download it for free today, and buy your first stock in the next few hours. Click here to get started.
Follow us on Facebook and Telegram for the latest investing news and analyses!
Disclosure: Royston Yang owns shares of DBS Group and Mapletree Industrial Trust.
