Singapore’s Central Provident Fund (CPF) system is effective in helping to save up for retirement.
However, the CPF Ordinary Account (OA), which can be used for housing and education, has an interest rate of just 2.5%.
As a result, savers may choose to invest their CPF OA monies through the CPF Investment Account (CPFIA) to enjoy better returns that can beat inflation.
But with the CPF OA, you will want to park your money in safe stocks that allow you to enjoy a good night’s sleep.
Here are five worry-free stocks you can include in your CPFIA portfolio that also pay out steady dividends.
VICOM Ltd (SGX: WJP)
VICOM is a leading provider of inspection and technical testing services.
The group offers a comprehensive range of vehicle and non-vehicle inspection and testing services covering fields such as mechanical, civil engineering, biochemical, and non-destructive testing.
VICOM reported a steady set of earnings for its first half of 2025, ending on 30 June 2025 (1H2025), with revenue rising 24.1% year on year (YoY) to S$69.9 million.
Operating profit jumped 12.3% YoY to S$18.9 million while net profit improved by 10.1% to S$15.7 million.
The test and inspection specialist maintained a clean balance sheet, with S$55.6 million of cash and no bank borrowings.
The group also generated a positive free cash flow of around S$6 million for 1H2025.
While it remained positive, free cash flow declined around 47% YoY due to higher investment spending.
Dividends have trended upwards over recent periods, with the latest interim dividend declared at S$0.031 per share.
Haw Par Corporation Ltd (SGX: H02)
Haw Par is a conglomerate with four main divisions – healthcare, leisure, property, and investments.
Its healthcare division owns the famous Tiger Balm brand of salves, ointments and analgesics.
Haw Par started the year strong with a 7% YoY increase in revenue to S$126.3 million while gross profit jumped 10.8% to S$71.4 million for the six months ended 30 June 2025 (1H2025).
Net profit soared by 18.2% YoY to S$144.1 million.
Haw Par’s balance sheet has cash and cash equivalents plus investment securities of around S$754 million with just S$34.0 million of debt.
The healthcare player also generated a positive free cash flow of S$26.3 million for 1H2025.
For 1H2025, an interim dividend of S$0.20 per share was declared.
This follows FY2024’s total dividends of S$1.40 per share (S$0.40 regular + S$1.00 special).
Boustead Singapore Limited (SGX: F9D)
Boustead Singapore Limited, or BSL, is a conglomerate with four core divisions – energy engineering, real estate, geospatial technology, and healthcare.
For the financial year ending on 31 March 2025 (FY2025), the group reported a revenue of S$527.1 million, down 31% YoY due to a lower order backlog carried forward in the Real Estate Solutions and Energy Engineering divisions.
However, Boustead continued to deliver solid profitability with gross profit rising 3% YoY to S$233.3 million.
Profit attributable to equity holders (net profit) surged 48% YoY to S$95.0 million.
This was significantly boosted by a one-off, non-cash gain of S$29.0 million from the transfer of the Boustead Projects fund management business to KKR’s UIB platform.
On an adjusted basis (core net profit), profit rose 8% YoY to S$68.6 million.
The engineering firm’s balance sheet was rock-solid with S$344.7 million of cash and investments with just S$7.9 million of debt.
Boustead Singapore managed to generate a positive free cash flow of S$69.7 million despite the drop in cash flow from operating activities.
The group also declared an interim dividend of S$0.015 per share.
A final dividend of S$0.04 per share and additional special dividend of S$0.02 per share were proposed, lifting the total 2025 dividends to S$0.075 per share from S$0.055 per share in 2024.
United Overseas Bank Ltd (SGX: U11)
United Overseas Bank, or UOB, is the smallest of Singapore’s three big banks.
In the third quarter of 2025 (3Q2025), the blue-chip lender reported a significant moderation in earnings against the prior year.
9M2025’s net interest income and operating profit decreased by 3% YoY to S$7.0 billion and S$5.9 billion respectively.
UOB’s 9M2025 net profit came in at S$3.3 billion, down 28% YoY.
The bank’s net interest margin also dipped from 2.04% in 2024 to 1.91% in 2025.
The lender’s interim dividend remains resilient at S$0.85 per share even as total dividends fluctuate due to special payouts.
Parkway Life REIT (SGX: C2PU)
The final stock you can buy and safely keep is Parkway Life REIT, a healthcare REIT with a portfolio of 75 properties including hospitals and nursing homes spread across Singapore (3), Japan (60), Malaysia (1), and France (11).
Revenue for 1H2025 rose 8.1% YoY to S$78.3 million while net property income climbed 8% YoY to S$73.8 million.
The healthcare REIT continued its stellar track record of consecutive increases in its core distribution per unit (DPU).
DPU inched 1.5% YoY to S$0.0765, marking yet another year where Parkway Life REIT has increased its DPU.
The REIT has a gearing of just 35.4% and a healthy interest coverage ratio of 9.1x
It is well positioned to build strategic long-term partnerships with quality local operators to advance its strategy of acquiring more properties to grow its asset base and DPU.
One Singapore bank has quietly become one of the strongest income engines in the market. Its dividends have grown at 16.6% a year while others were pulling back. That level of consistency can change a retirement plan entirely. Our FREE 2026 Dividend Game Plan explains why this bank keeps lifting payouts and why many long-term investors rely on it for stable income. Download your free copy today.
Follow us on Facebook, Instagram and Telegram for the latest investing news and analyses!
Disclosure: Royston Y. owns shares of VICOM and Boustead Singapore Limited. Charlyn T. does not own shares in any of the companies mentioned.
