Reliability is a highly prized quality in investing.
Blue-chip stocks and companies with a long operating history and track record can qualify as reliable stocks.
It’s even better if these companies dish out a dividend to boot that can function as a source of passive income.
Here are four attractive Singapore stocks that can deliver a good night’s sleep along with dividend payments.
DBS Group (SGX: D05)
DBS is the largest bank in Singapore by market capitalisation.
Being the pillar of Singapore’s economy, the lender plays an important role in lending to corporations and also extends business and personal loans to individuals.
The bank reported a commendable set of earnings for the first quarter of 2025 (1Q 2025).
Total income rose 6% year on year to S$5.9 billion as commercial book net interest income inched up 2% year on year to S$3.7 billion.
DBS’s fee and commission income surged 22% year on year to S$1.3 billion.
Net profit, however, dipped by 2% year on year to S$2.9 billion because of a global minimum tax rate of 15%.
Without this tax, profit before tax increased by 1% year on year for the bank.
In line with the good results, DBS increased its core dividend per share to S$0.60 from S$0.54 a year ago.
In addition, the bank also paid out a capital return dividend of S$0.15 per share, taking its total 1Q 2025 dividend to S$0.75.
This total dividend is a 39% year-on-year increase and signals the bank’s intention to manage down its excess capital and reward shareholders for its good results.
DBS will be releasing its second-quarter and first-half of 2025 results in the morning of 7 August.
Singapore Technologies Engineering (SGX: S63)
Singapore Technologies Engineering, or STE, is a technology, engineering, and defence group serving customers in the aerospace, smart city, and public security sectors.
STE released an encouraging business update for 1Q 2025 that saw its revenue rise 8% year on year to S$2.9 billion.
Contributions came from all three of its divisions.
The engineering giant saw contract wins of S$4.4 billion for the quarter, which helped to lift its order book to a new multi-year high of S$29.8 billion as of 31 March 2025.
An interim dividend of S$0.04 per share was paid out for 1Q 2025.
STE promised higher dividends for this year during its Investor Day 2025 held in March.
2025’s dividend will rise to S$0.18, one cent higher than the previous year.
From 2026 onwards, STE will pay out an incremental dividend equivalent to one-third of the year-on-year increase in net profits.
Earlier this month, the group announced that it was awarded S$4.7 billion of contracts in 2Q 2025.
STE is slated to report its first half of 2025 results on the morning of 14 August.
Haw Par Corporation (SGX: H02)
Haw Par is a conglomerate with four key divisions – healthcare, leisure, property, and investments.
The group is famous for its Tiger Balm brand of ointments, salves and pain patches, which is parked under its Healthcare division.
Haw Par reported a robust set of earnings for 2024 with revenue rising 5.5% year on year to S$244.8 million.
Net profit improved by 5.4% year on year to S$228.3 million.
The group also churned out a positive free cash flow of S$53.3 million while receiving dividends from its investments in UOB (SGX: U11) and UOL Group (SGX: U14).
Haw Par declared a final dividend of S$0.20, taking its total ordinary dividend for 2024 to S$0.40.
The healthcare specialist also declared and paid a special dividend of S$1.00 per share.
Haw Par has a history of paying out steadily increasing dividends along with the occasional special dividend.
From 2010 to 2017, the annual dividend was S$0.20 per share, but it was increased to S$0.30 from 2018 to 2022.
Haw Par then began paying out S$0.40 a year from 2023 onwards.
The conglomerate also declared special dividends of S$0.15 and S$0.80 in 2015 and 2018, respectively.
Sheng Siong (SGX: OV8)
Sheng Siong owns and operates one of the largest supermarket chains in Singapore with 77 outlets around the island as of 29 April 2025.
The retailer serves the heartlanders as most of its stores are located around HDB estates.
Hence, the group has built up a strong track record of rising revenue and profitability.
It also pays out regular twice-yearly dividends, with the most recent being a final dividend of S$0.032 for 2024.
The total dividend for 2024 stood at S$0.064, slightly higher than the S$0.0625 paid out for 2023.
The supermarket operator reported continued strong results for 1Q 2025.
Revenue increased by 7.1% year on year to S$403 million while gross profit improved by 10.2% year on year to S$122 million.
Gross margin continued its climb, going from 29.4% to 30.3% over the same period.
Net profit climbed 6.1% year on year to S$38.5 million.
The group opened two new stores in 1Q 2025 and secured six additional retail locations that will open by 3Q 2025.
Sheng Siong is also awaiting four tender results that could see it open even more stores soon.
As the STI hits record highs, long-term investors are asking: can dividends keep up?
In this special National Day webinar, we dive into the earnings outlook for Singapore’s top dividend stocks and what to expect in the months ahead. Secure your free seat here and stay ahead of the curve.
If you want to retire with a constant stream of dividends, these 5 stocks might be all you need. We’ve found 5 SG stocks that have kept paying (and growing) through inflation, rate hikes, and recessions. See what they are with our latest free report for SGX dividend investors. Click here to get instant access.
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Disclosure: Royston Yang owns shares of DBS Group.
