The Smart Investor
    Facebook Instagram
    Saturday, February 4
    Facebook Instagram LinkedIn
    The Smart Investor
    • Home
    • About
      • About Us
      • Careers
    • Smart Investing
      • Getting Started
      • Investing Strategy
      • Smart Analysis
      • Smart Reads
    • Special Free Reports!
    • As Featured on BT
    • Our Services
      • Our Services
      • Subscribe now!
    • Login
    • Cart
    The Smart Investor
    Home»Blue Chips»5 Singapore Stocks That Pay Out Attractive Quarterly Dividends
    Blue Chips

    5 Singapore Stocks That Pay Out Attractive Quarterly Dividends

    Nothing beats the feeling of receiving money in your bank account every three months.
    Royston YangBy Royston YangDecember 14, 20224 Mins Read
    Facebook Twitter LinkedIn Email WhatsApp
    Dividend Jar
    Share
    Facebook Twitter LinkedIn Email WhatsApp

    Dividends have come back in favour as rising interest rates dent the valuations and share prices of growth stocks.

    A dividend represents a tangible return on your investment that is unaffected by the rampant volatility of the stock market.

    Plus, nothing beats the feeling of receiving a stream of passive income directly into your bank account.

    Some stocks are even more attractive by virtue of their quarterly dividend payments.

    By receiving these dividends sooner, you have the liberty to can decide what you wish to do with them

    The cash can be spent on a nice Christmas dinner with family, saved for a rainy day, or reinvested in other dividend-paying stocks to compound your wealth for retirement.

    Here are five Singapore stocks that dish out quarterly dividends that you can consider for your buy watchlist.

    DBS Group (SGX: D05)

    Singapore’s largest bank certainly did not disappoint when it released its latest fiscal 2023’s third quarter (3Q2022) earnings.

    Net interest income (NII) surged by 44% year on year while net profit hit a record high of S$2.2 billion.

    The bank paid out a quarterly dividend of S$0.36 for 3Q2022, similar to the previous three quarters but 9.1% higher than 3Q2021’s S$0.32.

    The group’s trailing 12-month dividend yield stood at 4.3%.

    The lender has room to grow its dividend further as it enjoys tailwinds from higher interest rates that should boost its NII.

    Singapore Exchange Limited (SGX: S68)

    Singapore Exchange Limited, or SGX, is Singapore’s sole stock exchange operator.

    The bourse operator pays out a quarterly dividend of S$0.08 per share.

    For its most recent fiscal 2022 (FY2022) ending 30 June, SGX reported its highest revenue since its IPO of S$1.1 billion, up 4% year on year.

    Net profit inched up 1% year on year to S$451 million.

    The total dividend for FY2022 came in at S$0.32, similar to what was paid out a year ago, giving SGX’s shares a trailing dividend yield of 3.5%.

    The group is well-positioned to maintain or even increase this dividend moving forward.

    For its recent November 2022 market statistics, SGX reported that derivatives traded volume rose 30% year on year to 23.7 million contracts.

    Foreign exchange volumes also rose to a new all-time high.

    Singapore Technologies Engineering Ltd (SGX: S63)

    Singapore Technologies Engineering, or STE, is a technology and engineering group with a portfolio of businesses spanning the aerospace, smart city, and defence sectors.

    The group reported a 19% year on year jump in revenue to S$6.5 billion for the first nine months of 2022 (9M2022).

    An interim dividend of S$0.04 was paid out, and STE has committed to paying a total of S$0.16 in dividends for FY2022.

    The forward dividend yield on its shares comes in at 4.8%.

    STE snagged a total of S$4.8 billion in new contracts for 3Q2022, bringing its order book to a new record high of S$25 billion as of 30 September 2022.

    iFAST Corporation Limited (SGX: AIY)

    iFAST is a financial technology group that operates a platform for the buying and selling of unit trusts, equities, and bonds.

    The group maintained its interim dividend of S$0.013 despite reporting a near-73% year on year plunge in net profit for 3Q2022.

    For 9M2022, the fintech outfit has paid out a total dividend of S$0.034, unchanged from a year ago.

    iFAST’s trailing 12-month dividend came in at S$0.048, giving its shares a trailing dividend yield of 0.8%.

    Despite the weaker results, iFAST expects revenue and net profit to scale to new heights in 2023 when the contributions from its new Hong Kong e-pension division kick in.

    Should the estimates play out as projected, the group should have room to raise its dividends further.

    UMS Holdings Limited (SGX: 558)

    UMS provides equipment manufacturing and engineering services to semiconductor original equipment manufacturers.

    For 3Q2022, UMS saw revenue climb 48% year on year to S$100.1 million.

    Net profit soared 181% year on year to S$42.5 million.

    The group declared an interim dividend of S$0.01 for 3Q2022.

    UMS also paid out a dividend of S$0.01 each for the first and second quarters of this year.

    Along with a final dividend of S$0.02 for FY2021, the trailing 12-month dividend came in at S$0.05, giving the equipment services firm a trailing dividend yield of 4%.

    Not sure where to park your money in 2023? Give dividend stocks a try. You don’t need a lot of capital to start a stream of passive income. Our latest guide will show you how to invest and where to find the juicy dividends in SGX. Click here to download the report for FREE. 

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

    Disclaimer: Royston Yang owns shares of DBS, Singapore Exchange Limited and iFAST Corporation Limited.

    Yahoo
    Share. Facebook Twitter LinkedIn Email WhatsApp

    Related Posts

    Capitaland

    CapitaLand Integrated Commercial Trust Reports a 1.7% Increase in FY2022’s DPU: 5 Things to Note About its Latest Earnings

    February 3, 2023
    Keppel DC REIT

    Keppel DC REIT Reports its Full Year 2022 Earnings: 5 Highlights Investors Should Know

    February 3, 2023
    Social Media on Mobile Phone

    4 Big US Tech Companies Announced Layoffs: Are Their Growth Days Over?

    February 3, 2023
    Facebook Instagram LinkedIn Telegram
    • Careers
    • Disclaimer & Privacy Policy
    • Subscription Terms of Service
    © 2023 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.