Top 5 Best Dividend Stocks In Singapore To Buy In 2024
5 Best Dividend Stocks In Singapore To Buy In 2024
The top dividend stocks to consider in Singapore for 2024 include DBS Group Holdings (SGX:D05), United Overseas Bank Ltd (SGX:U11), OCBC (SGX:O39), ST Engineering (SGX:S63), and HongkongLand USD (H78).
A good quarterly dividend yield among top Singapore dividend stocks typically ranges between 2% and 5%. This aligns with the average for companies in the S&P 500 index that pay dividends. However, what's considered good can vary based on stock market conditions and individual investment strategies. Be cautious when considering stocks with dividend yields higher than 8%.
Brief Company Descriptions:
DBS Group Holdings (SGX:D05):
DBS has a market capitalization market capitalization of S$93.152 billion and a share price of S$36.63. They pay a dividend of S$2.16 per share, yielding at 5.90%.
United Overseas Bank Ltd (SGX:U11): UOB has a market capitalization of S$49.085 billion, with a share price of S$29.68. Their dividend per share is S$1.70, resulting in a dividend yield of 5.73%.
Oversea-Chinese Banking Corporation (SGX:O39):
OCBC has a market capitalization of S$60.644 billion, and a share price of S$13.74. They pay a dividend of S$0.84 per share, yielding at 6.11%.
Hongkong Land (H78.SI):
Hongkong Land’s market capitalization is S$6.774 billion, with a share price of S$3.07. They pay a dividend of S$0.16 per share, yielding at 7.17%.
ST Engineering (S63.SI):
ST Engineering has a market capitalization of S$12.542 billion and a share price of S$4.02. They pay a dividend of S$0.16 per share, resulting in a dividend yield of 3.98%.

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