Five Singapore companies offer dividend yields over 4.8%
Investors seeking income from Singapore's stock market can find attractive dividend opportunities. Here are five companies with dividend yields of 4.8% or higher. Overseas Education Limited (OEL) operates a school for expatriate families. In 2024, its revenue rose slightly to S$88.5 million, but net profit fell to S$6.3 million. Despite a drop in free cash flow, OEL declared a final dividend of S$0.012, offering a yield of 6% at a share price of S$0.20. ComfortDelGro (CDG) offers a broad range of transport services, including buses and taxis. Revenue increased by 15.4% to S$4.5 billion in 2024, with net profit up by 16.6% to S$210.5 million. CDG announced a final dividend of S$0.0425, a 13% rise from last year, resulting in a total dividend of S$0.0777 for 2024. APAC Realty, a major real estate agency, faced challenges in 2024. While revenue grew slightly to S$561 million, net profit dropped by 38.8% to S$7.2 million. The company declared a total dividend of S$0.021, giving it a yield of 4.8%. HRNetGroup provides recruitment services across Asia. The firm's revenue fell by 2% to S$567 million, and net profit decreased by 30% to S$46.3 million. It maintained a full-year dividend of S$0.04, offering a yield of 5.7%. Kingsmen Creatives specializes in experience design. Revenue rose to S$388.4 million in 2024, with net profit more than quadrupling to S$13.1 million. The company increased its final dividend to S$0.02, resulting in a yield of 5.6%. These companies not only provide dividends higher than fixed deposits but also have potential for long-term growth. Investors looking for opportunities can explore these stocks further.