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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...
- Financial institutions. The trio of local banks could benefit from lower asset quality risks, given the enhanced support schemes and fiscal transfers for businesses and households facing rising cost pressures.
- Property developers. The Budget will be marginally positive for property developers such as UOL Group and City Developments (CDL). The lower additional buyer’s stamp duty claw-back rate on achieving at least 90 per cent of sales within five years of the land acquisition should give them more flexibility on achieving full sales.
- Real estate investment trusts (Reits) Reits with a focus on a suburban retail portfolio such as CapitaLand Integrated Commercial Trust should benefit from various cash handouts and income tax rebates that boost consumer spending.
- Industrials. The Future Energy Fund and tax credit to support green transition activities are set to benefit companies involved in energy transition and sustainable infrastructure development incrementally.
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Dec 12, 2021 · The Best Singapore Blue-Chip Stocks for 2022. Royston Yang. 12 December 2021 · 5-min read. Thumbs Up (Large) Oftentimes, investors tend to look at the past when searching for investment...
The good news is that all blue-chip stocks pay out a dividend, and there are a select few that yields more than what your CPF OA is offering. Here are four Singapore blue-chip stocks with attractive dividend yields that you can consider for your buy watchlist. DBS Group (SGX: D05)
