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Sep 22, 2021 · Blue chip stocks are an appealing buy with their steady dividend payouts and particularly more so for Singapore blue chips because of the lack of dividend withholding tax. Besides investing in blue chip stocks, there are also other ways for investors to grow their wealth.
Jan 21, 2024 · 13 Blue Chip Stocks in Singapore with Moat. The three local banks (DBS, OCBC, UOB) The three Singapore banks, DBS, OCBC, and UOB, form a crucial part of Singapore’s economy. Morningstar highlights their cost advantage as a key moat, given their ability to amass a large customer deposit base despite offering lower interest rates.
- DBS Group
- OCBC Ltd
- United Overseas Bank Ltd
- Singtel
- Jardine Matheson Holdings
- Capitaland Integrated Commercial Trust
- Ascendas REIT
- Capitaland Investment Limited
- Keppel Corporation Limited
- Wilmar International Limited
Taking up the highest weight at 18.8% is Singapore’s largest bank, DBS Group. The lender recently reported its second-highest net profiton record for its fiscal 2022’s first half (1H2022) earnings. With a market capitalisation of S$84 billion, the bank looks set to enjoy higher net interest income as global interest rates head higher. Investors can...
OCBC is Singapore’s second-largest bank with a market capitalisation of around S$54.5 billion. The bank occupies a 13.6% weight in the STI and reported a record net profitfor 1H2022 and will also enjoy the tailwinds of higher interest rates. With a trailing 12-month dividend of S$0.56, OCBC’s shares offer a trailing dividend yield of 4.7%.
United Overseas Bank Ltd, or UOB, is the third of Singapore’s three big banks and occupies an 11.8% position within the STI. The bank has a market capitalisation of S$45.7 billion and announced a deal in January this year to acquire Citigroup’s(NYSE: C) consumer business in four countries for almost S$5 billion. UOB reported a net profitof S$2 bill...
Singtel is Singapore’s largest telecommunication company with a market capitalisation of S$43 billion. The telco takes up a 6.5% position within the index and recently reported an upbeat outlook for its latest business update. Singtel’s historical dividend of S$0.093 means that its shares offer a historical dividend yield of 3.6%.
Jardine Matheson is an investment holding company with a market capitalisation of around S$16 billion. The group occupies a 3.9% position within the STI and holds interests in listed companies such as Hongkong Land Holdings Limited (SGX: H78), Jardine Cycle & Carriage (SGX: C07), and DFI Retail Group(SGX: D01). Jardine Matheson reported a 22% year ...
CapitaLand Integrated Commercial Trust, or CICT, owns a portfolio of retail cum commercial assets with total assets under management of S$24.2 billion as of 31 December 2021. CICT takes up a 3.7% weight within the STI and has a market capitalisation of S$13.6 billion. The REIT reported a resilient set of earningsfor 1H2022 and its units sport a tra...
Ascendas REIT is Singapore’s largest industrial REIT with an AUM of S$16.6 billion as of 30 June 2022. The REIT has a market capitalisation of S$11.9 billion and takes up 3.3% of the STI. Ascendas REIT paid out a distribution per unit of S$0.15471 and its units offer a trailing 12-month distribution yield of 5.5%.
CapitaLand Investment Limited, or CLI, is a global real estate investment manager with S$125 billion of real estate AUM and S$86 billion of real estate funds under management as of 30 June 2022. CLI takes up 3.3% of the index and has a market capitalisation of S$19.2 billion. The group paid out a total dividend of S$0.15 for FY2021, which translate...
Keppel Corporation is a conglomerate with four core divisions – energy and environment, urban development, connectivity, and asset management. The group takes up a 3.2% weight in the STI with a market capitalisation of S$13.5 billion. For 1H2022, Keppel Corporation reported a 66% year on year jump in net profit and declared a higher interim dividen...
Wilmar runs an integrated agribusiness model that covers the entire value chain for the agricultural commodities business. The commodities giant occupies a 2.8% weight in the STI. Wilmar has performed well in 1H2022 with its core net profit climbing 57.8% year on year to US$1.16 billion. The group declared the highest interim dividend in its histor...
Feb 26, 2022 · Investing in blue-chip stocks can provide long term returns. They are also less volatile compared to other types of stocks. If you want to start investing in blue chips, here are 11 of the best stocks to consider. 11 Best Blue Chip Stocks in Singapore. KEPPEL DC REIT. DBS Group. Singapore Exchange. Mapletree Commercial Trust. Genting Singapore.
- Blue-chip shares are stocks of large and famous companies that are considered safe investments. They have a strong balance sheet and stable earning...
- Blue-chip stocks in Singapore can be bought via an investment account that has access to the Singapore Exchange.
- Blue-chips are considered a good investment because they have been around for a long time and have proven themselves to be reliable. However, these...
- Check out the best Singapore dividend stocks here.
- DFI Retail Group Holdings Limited(D01) Formerly known as the dairy farm international holdings limited and a member of Jardine Matheson Group, DFI is a pan-Asian retailer operating in 5 segments, including food, health and beauty, home furnishing, restaurant, and other retailing.
- DBS(D05)/OCBC(O39)/UOB(U11) The 3 banks form the central economic pillars of Singapore. We group and discuss them in a category due to their similarities in business and financial strengthSingapore’s.
- Singapore Telecommunications Limited(SingTel)(Z74) Listed on the Singapore Exchange in 1993, SingTel, over its history of 140 operating in Singapore, provides 3 telecommunications and digital services to the market: group consumer, group enterprise, and group digital life.
- Singapore Technologies Engineering Limited(ST Engineering)(S63) Incorporated in Singapore and listed on the Singapore exchange in 1997, the company is a global technology, defense, and engineering company with worldwide offices.
Sep 4, 2022 · The Top 10 Most Influential Blue Chips in Singapore. Royston Yang. Updated 4 September 2022 · 6-min read. Blue Chips 2. If you’re looking to invest in sturdy and resilient blue-chip...
Mar 10, 2024 · There are several Singaporean blue-chip stocks that have performed well in 2023 and may continue to present favourable results in 2024. If you are wondering which Singaporean blue-chip stocks to buy for the coming year, here are five that you may want to put on your watchlist. Source: Unsplash. OCBC (SGX: O39)
