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Top Singapore Dividend Paying Stock Picks for This Week

Author: Richard Gere
by Richard Gere
Posted: Dec 24, 2013

Choosing Singapore dividend stocks in SGX Market has not been always easy as it’s not in any stock market of the world. For Newbies in investment world, I would like to let them know that Singapore’s dividend Stock Market operates on FTSE Straits time Index (FTSE: STI) and it’s known as the capitalization weighted benchmarking index of Singapore stock market. It usually keeps the track record of 30 top companies listed on SGX Market and calculated jointly based on their positioning in SPH, SGX and FTSE group.

There are in fact Variety of Stock Indices in Share Market including;

  1. FTSE ST All Share Index
  2. Straits Time Index
  3. FTSE ST Mid Cap Index
  4. FTSE ST Small Cap Index
  5. FTSE ST China Index

In the Recent Past Week in SGX Stock Market, STI Falls 10.37 points below almost 0.34% and closed on 3055.65 while FTSE ST Mid Cap Index gained 0.46% while STI Small Cap index Gained 0.07%. STI was on 3,454 points, we can say on its peak in late May this year but, then it kept falling. Right Now FTSE ST Telecommunications Indices is performing well with 2.99% growth. Talking about active dividend stocks, SingTel got 0.28% rise, DBS went down 0.24%, and Noble group rose 1.49% and OCBC gained 0.51%

Right Now Singapore Stock Market is in good Condition overall yet then one needs to put the every factor behind whenever he goes to choose high dividend Stocks in SGX Stock Market. Sometimes it happens that stocks of blue chip companies also get a hard strike but, even in that time also you can earn profits in downturns of a stock market.

There is a Famous quote by late super investor Sir John Templeton’s as “The time of maximum pessimism is the best time to buy.” Sir Templeton is known as a legendary investor because of his market beating investment strategies. So it’s a thing to understand by investors that even don’t lose hope in tougher trade times who knows there might be something waiting for you on next move better than you would have in good trade times

If you trade in dividend paying stocks in SGX Market and you also put your investment on long terms profit giving stocks then it should not be a matter of worry for you. Let’s discuss some of the high dividend paying stocks in SGX Stocks Market Singapore.

JARDINE CYCLE & CARRIAGE (JCNC: SP)

  • Sector: Consumer Discretionary
  • Industry: Distributors
  • Sub-Industry: Automotive Wholesale

Opened at: 33.8000

Previous Close: 34.0000

52 week Hi/Lo: 31.5000 - 56.0000

Current P/E: 11.6460

Dividend Earning Per Share: 2.3257

Market Cap: 12,094.23

Dividend Indicated Gross Yield: 4.50%

Ex-Dividend Date: 08/27/2013

5 Year Dividend Growth: 19.21%

Starhub Ltd (STH: SP)

  • Sector: Communications
  • Industry: Telecom
  • Sub-Industry: Telecom Carriers

Opened at: 4.0300

Previous Close: 4.0500

52 week Hi/Lo: 3.7100 - 4.7600

1 Yr. Return: +10.88%

Current P/E: 18.7873

Dividend Earning Per Share: 0.2177

Market Cap: 7,032.92

Dividend Indicated Gross Yield: 4.89%

Ex-Dividend Date: 11/13/2013

5 Year Dividend Growth: 2.13%

Related Tags: 新加坡 股息 Singapore Dividend

  • SGX Dividend Stocks
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Author: Richard Gere

Richard Gere

Member since: Oct 29, 2013
Published articles: 17

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