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Dividend investing is a great way to increase your income and make money in Singapore. In this article we will talk about dividend investing and how to become rich in Singapore. In Singapore investors are continuously putting their money in the top Singapore dividend stocks that have the highest indicative dividend yields and also fast growing stock. If you are thinking to invest in Singapore dividend stocks then here are some of the stocks, you should consider.
AVAGO Technologies Ltd. (NASDAQ: AVGO)
AVAGO technologies (NASDAQ: AVGO) is a Singaporean company that provides the semiconductor, development, and supply devices with a focus on III-V based products. The company holds more than 5,000 patents and sells over 6,500 products to OEM customers in the Wireless and Wired communications, industrials and automotive electronics and consumer target markets. The company was founded in 2005 that is based in Singapore.
This is a quarterly based company. The market capitalization of AVAGO Technologies is 8.68 billion. The company has declared the dividend yield is of 2.16% and the annual payout is 0.76 for March 2013. Its stock is trading at $32.11.
See Hup Seng Limited (XSES: 566)
See Hup Seng limited provides corrosion prevention services to the marine, oil and gas, construction, and infrastructures industries in Singapore, north East Asia, south Asia, south pacific and the Middle East. The company was founded in 1971 and is based in Singapore. It is engage in blasting and coating raw materials like steel structures, steel plates grit blasting and paint coating etc.
The company has declared the current dividend yield is 5.13%. Its ex dividend date is May 6, 2013. The company has the market capitalization of 86.39M and the dividend yield is of 5.13%.
Santak Holding Limited –
Santak Holding Limited is an investment holding company. The company provides managerial administrative supervisory and consultancy services to those companies in which it has an interest. The company works in three segments: Precision Engineering and Assembly, Trading and distribution and investment and management services. The company has dividend yield of 1.43% and the market capitalization is 37.02M.
AEI Corporation Ltd. –
This is a Singapore- based company that manufactures, imports and exports aluminum extrusion sections, metal material and other related products. The company is also operates in three segments: the electronics and precision engineering, construction and infrastructure building and forged components segment.
The market capitalization of the company is 37.68M. AIE Corp Ltd has recently announced that it has declared first and final cash dividend of 1.0 cents. Its current dividend yield is 6.67% for March 2013.
DBS Bank Ltd –
This is a bank that is incorporated in Singapore. The bank was previously known as the Development Bank of Singapore Limited. The company operates through its main subsidiary, DBS Bank Ltd and engaged in the provision of retail, small and medium-sized enterprise, corporate and investment banking services. The financial business has divided in four parts: consumer/private banking, institutional banking, treasury and others. In December 2013, the company had established its subsidiary in a wholly owned subsidiary. The bank was set up in June 1968 to take over the industrial financing activities. This is the largest bank in South East Asia.
The company has the market capitalization of 37.29 billion and P/E ratio is 1.56. The EPS is 1.56 for March 2013.