Let’s be real: in today’s Singapore, a 4% dividend yield – once the gold standard for income seekers – is starting to feel like a participation trophy.
With inflation staying sticky and the cost of your morning kopi or weekend grocery run creeping up, “stable” income isn’t enough anymore.
You need growth.
To stay ahead of the curve, you need companies that aren’t just paying out cash, but are actively growing their earnings and distributions to outpace rising costs.
Here are five SGX-listed stocks doing exactly that.
ComfortDelGro Corporation Limited (SGX: C52)
This is a company that all Singaporeans are familiar with.
While you might recognise the name by its yellow and blue taxis, ComfortDelGro (CDG) has evolved into a global land transport powerhouse, recently crossing a historic milestone by achieving record revenue exceeding S$5 billion for the full year 2025.
Specifically, revenue grew 13.0% year on year (YoY) to S$5.06 billion, while profit attributable to shareholders (PATMI) rose 9.4% to S$230.3 million.
This growth is largely fuelled by international expansion, with overseas revenue now accounting for 55.3% of the total.
Major contract wins in the UK and the successful commencement of rail operations in Stockholm are driving the bottom line.
The board has proposed a final dividend of S$0.0459 per share, bringing the total dividend for FY2025 to S$0.085.
This translates to a robust dividend yield of 5.6%, well above the inflationary baseline.
BRC Asia Limited (SGX: BEC)
As Singapore’s leading steel reinforcement provider, BRC Asia is riding the wave of a booming construction sector.
For FY2025, the company reported a record net profit of S$94.3 million on revenue of S$1.55 billion.
This stellar performance is backed by a massive S$1.9 billion sales order book, bolstered by mega-projects like Changi Airport Terminal 5.
As such, shareholders were rewarded with a total dividend of S$0.20 per share for the year, which includes a S$0.07 special dividend.
With the current share price of S$4.66, BRC Asia offers a yield of 4.3%, backed by record-breaking earnings.
PropNex Limited (SGX: OYY)
Think the property market is cooling?
PropNex would probably beg to differ.
As Singapore’s largest real estate agency, it has delivered an exceptionally strong performance for the full year 2025 (FY2025).
Revenue for FY2025 reached S$1.12 billion, marking a significant 42.6% increase from the previous year, while net profit attributable to owners rose 72.0% to S$70.4 million.
This growth was driven by a surge in project marketing revenue as more units were launched by developers.
The group declared a final dividend of S$0.045 per share, bringing the total dividend for FY2025 to S$0.095 – a substantial increase from the S$0.0775 paid in FY2024.
With a current share price of S$1.83, PropNex offers a standout yield of 5.2%, backed by a robust net cash position – S$149.1 million in cash against minimal debt – and no reliance on borrowings to fund its operations.
Lendlease Global Commercial REIT (SGX: JYEU)
REITs often struggle when rates are high, but Lendlease Global REIT (LREIT) is proving that active portfolio management pays off.
For the first half ending 31 December 2025 (1HFY2026), distributable income grew 11.7% YoY, leading to a distribution per unit (DPU) of S$0.0185, a 3.1% increase.
This success stems from a strategic portfolio pivot, including the divestment of the Jem office space and a focus on the 70% interest in PLQ Mall.
Combined with a 10.4% positive retail rental reversion and a lower gearing of 38.4%, LREIT is showing it can push income higher even in a challenging environment.
At a unit price of S$0.58, LREIT provides an impressive annualised distribution yield of approximately 6.4%.
AIMS APAC REIT (SGX: O5RU)
Industrial REITs are the “workhorses” of the income world, and AIMS APAC REIT (AAREIT) is leading the pack with impressive operational numbers.
For its nine months ended 31 December 2025 (9MFY2026), DPU increased 2.5% YoY to S$0.0725, backed by a strong portfolio occupancy of 95.4%.
AAREIT isn’t just sitting still; it’s aggressively renewing leases at much higher rates, achieving an 8.0% rental reversion overall.
With more than 80% of its income derived from essential industries like logistics and telecommunications, plus a trailing distribution yield of 6.4%, this REIT offers a defensive profile with a steady growth kicker.
Get Smart: Don’t Settle for Average
The common thread among these five stocks is that they aren’t just passive yield-payers.
Whether it’s through global expansion, massive order books, dominant market share, or savvy asset recycling, these companies are finding ways to grow their earnings.
If your portfolio is stuck in the 4% doldrums while the world around you gets more expensive, it might be time to look at companies that have the pricing power and operational strength to give you the raise you deserve.
It’s not just your imagination – filling up the tank is hitting the wallet harder than it has in years. With oil prices whipsawing and the NASDAQ behaving like a roller coaster, “paralysis by analysis” is a real risk for investors right now. Secure your seat at our upcoming free webinar to see how we manage cash and pick winners while the headlines are screaming “Correction.”
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Disclosure: Calvina L. does not own shares of any companies mentioned.
