Four reliable dividend stocks for Singapore CPF investments

Singapore's Central Provident Fund (CPF) allows citizens to save for retirement and invest their money. Investors can use the CPF Investment Account (CPFIA) to buy stocks and real estate investment trusts (REITs). Four recommended stocks for investment are highlighted below. Haw Par is a large company divided into healthcare, leisure, property, and investments. Its famous product is Tiger Balm, known for pain relief. In 2024, Haw Par's revenue grew by 5.5% to S$244.8 million. Its net profit also increased by 5.4% to S$228.3 million. The company declared a total dividend of S$1.40 per share, including a special dividend of S$1. Sheng Siong is a leading supermarket chain in Singapore with 77 stores. The company has expanded since 2020, boosting its revenue by 4.5% to S$1.4 billion in 2024. Its net profit rose by 2.6% to S$137.5 million. Sheng Siong increased its dividend to S$0.064 per share and plans to open at least three new stores each year. CapitaLand Integrated Commercial Trust (CICT) is a REIT that manages retail and commercial properties. Despite challenges like high interest rates, CICT reported a 1.7% revenue growth to S$1.6 billion for 2024. It returned S$0.1088 per unit to investors. The REIT has strong occupancy rates and has planned enhancements for its properties. Parkway Life REIT focuses on healthcare properties across several countries. It reported mixed results for 2024, with revenue dropping by 1.5% to S$145.3 million. However, its Distribution Per Unit rose by 1% to S$0.1492. Parkway Life REIT has maintained a low debt cost and has plans to manage financial risks effectively. These investment options provide opportunities for CPF investors seeking reliable dividend income.