Few things feel as exciting as receiving a dividend payment that goes straight to your bank account.
Unlike speculative gains, these dividends represent a real, cash-in-hand return on your investment.
Fortunately, many stocks on the Singapore Exchange (SGX: S68) pay out a consistent dividend – from household-name blue chips to under-the-radar gems.
Here are five Singapore companies that are set to dole out dividends in May.
Delfi Ltd (SGX: P34)
Delfi is a manufacturer of branded consumer products which are sold in over 17 countries such as Indonesia, the Philippines, Malaysia, Singapore, and Hong Kong.
The group has a portfolio of established chocolate brands such as SilverQueen and Ceres in addition to its namesake Delfi brand.
Delfi announced resilient earnings for 2025, with revenue dipping slightly by 0.5% year on year (YoY) to US$500.1 million.
Due to the weakening of the Indonesian Rupiah and increase in promotional spending, gross profit dropped 3.7% YoY to US$132.8 million.
Similarly, net profit slipped 2.1% YoY to US$33.2 million.
The group declared a final dividend of S$0.0215 per share, bringing the total dividend to S$0.0343 per share.
The final dividend is set to be paid on 15 May.
CEO John Chuang highlighted that the company will maintain financial discipline amidst geopolitical uncertainties to ensure sustainable investor value.
Additionally, the recent cooling of cocoa prices is set to benefit the group by easing production costs.
Genting Singapore (SGX: G13)
Genting Singapore owns and operates the Integrated Resort (IR), Resorts World Sentosa (RWS).
RWS has six hotels with around 1,375 hotel rooms, a casino, a Universal Studios theme park, and a wide selection of entertainment, dining, and retail options.
For the full-year ended 31 December 2025, the IR operator reported a transitional set of earnings because of renovation works for its RWS 2.0 and lower revenue from its gaming segment.
Revenue for 2025 slipped by 3% YoY, from S$2.53 billion in 2024 to S$2.45 billion in 2025.
Operating profit dropped 30% YoY to S$506.6 million, while net profit plunged 33% YoY to just S$390.3 million.
Free cash flow for 2025 declined to S$211.3 million due to the increase in spending to fuel its RWS 2.0 expansion.
The group declared a final dividend of S$0.02 per share, unchanged from a year ago.
This dividend is set to be paid on 26 May.
With the opening of Minion Land in Universal Studios Singapore and Singapore Oceanarium, the group is expected to see uplifts in its non-gaming revenue and visitor footfalls.
Haw Par Corporation (SGX: H02)
Haw Par is a conglomerate with four core divisions – healthcare, leisure, property, and investments.
The group is the manufacturer and distributor of the famous Tiger Balm brand of analgesics and salves.
Due to weaker healthcare sales amid geopolitical pressures, Haw Par reported a downbeat set of earnings for 2025.
Core operating revenue dropped 6.1% YoY to S$230.0 million, while gross profit dropped to S$128.8 million, a 4% decline compared to 2024’s S$134.1 million.
However, net profit jumped 16.3% YoY to S$265.5 million, due to the significant increase in dividend income from its long-term investments.
The company announced a final dividend of S$0.20 per share, which will be paid on 21 May.
This brings the total dividend for 2025 to S$0.40 per share.
OCBC Ltd (SGX: O39)
OCBC is Singapore’s second-largest bank by market capitalisation and offers a comprehensive range of banking, insurance, and investment services to its customers.
The bank reported resilient earnings for 2025 as record non-interest income helped offset the impact of declining interest rates on its Net Interest Income (NII).
Total income for 2025 rose by 1% YoY to S$14.6 billion, aided by a 16% YoY increase in non-interest income to S$5.46 billion.
Meanwhile, NII declined 6% YoY to S$9.15 billion (FY2024: S$9.8 billion).
Net profit slid 2% YoY to S$7.4 billion due to the increase in income tax expenses.
The lender declared a final dividend of S$0.42 per share and a special dividend of S$0.16 per share, both to be paid on 8 May.
Total dividend for 2025 came up to S$0.99 per share, representing a dividend payout ratio of 60%.
Even with current uncertainties due to geopolitical tensions, the group remains committed to completing its S$2.5 billion capital return by this year.
Nordic Group (SGX: MR7)
Nordic Group is a solutions provider in the area of maintenance, repair, and overhaul (MRO), system integration solutions, vessel maintenance, and scaffolding and insulation, among others.
Revenue for 2025 dropped by 3% YoY to S$153.3 million due to fewer project services (PS) undertakings.
This was largely offset by the 10% YoY growth in its maintenance services (MS) segment.
Gross profit grew 10% YoY to S$40.5 million, with gross profit margin expanding to 26.4%.
Consequently, net profit rose to S$19.0 million, a 9% YoY increase.
A final dividend of S$0.010745 per share was declared and will be paid on 18 May.
For 2025, the total dividend sums up to S$0.019021 per share, representing a dividend payout ratio of 40%.
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Disclosure: Charlyn T. owns shares of OCBC. Royston Y. owns shares of Delfi.
