2026 Best 10 Singapore Dividend Stocks

In 2026, Singapore's equity market continue to remain attractive for income-focused investors for income-focused investors, combining financial stability with robust dividend-paying traditions. This article curates the 10 Best Singapore Dividend Stocks for 2026, spotlighting companies with sustainable payout ratios, strong cash flow fundamentals, and strategic positioning in high-growth industries.

What is Singapore Dividend Stock?

In the context of the Singaporean financial market, a Singapore dividend stock refers to shares of a company based in Singapore that distributes a portion of its earnings to shareholders in the form of dividends. These stocks are an integral part of the investment landscape, offering unique opportunities and characteristics for both local and international investors.

Definition and Basics

A dividend is essentially a reward that a company gives to its shareholders as a way of sharing its profits. When a company in Singapore generates a profit, it has several options for using that money. It can reinvest it back into the business for expansion, research and development, or debt repayment.

Read More: What is a Dividend?

Characteristics of Singapore Dividend Stocks

Why Invest in Dividend Stocks in Singapore?

Dividend stocks offer an appealing combination of income, stability, and long-term growth potential, making them an attractive option for a large number of investors. Let's take a detailed look at the main benefits:

A Steady Source of Passive Revenue

The premier dividend stocks in Singapore—including top bank stocks in Singapore—are famous for offering a regular stream of income. They give investors a reliable and consistent source of passive income. These regular payments can be used to augment your earnings, support your retirement, or offer you more financial leeway.

Stability During Market Turbulence

Companies with a strong dividend-paying history are often financially stable and well-entrenched. In the Singapore market, these companies tend to exhibit lower volatility during market downturns compared to non-dividend-paying companies.

Long-Term Wealth Growth by Reinvesting Dividends

One of the most powerful features of dividend investing is the ability to reinvest your dividends. By putting your dividend payouts back into the company's stock, you can purchase additional shares, which will then yield more dividends.

This leads to a compounding effect, accelerating your returns over time and significantly enhancing your long-term wealth growth.

Inflation Resistance with Increasing Dividends

Inflation eats away at the purchasing power of your money over time. However, companies with a strong track record of growing dividends may help investors cope with or even outperform inflation. In Singapore, certain dividend-paying stocks—particularly those in resilient sectors—may increase their payouts over the years, helping investors preserve or even grow their real income despite rising costs.

Portfolio Diversification with Dividend Stocks

Dividend-paying stocks can play a significant role in diversifying your investment portfolio. They often come from established, mature companies, which can offset the higher risk and potential higher rewards of growth stocks.

Read More: Top Fixed Deposit Rates in Singapore 2025

Top 10 High Dividend Stocks in Singapore [Feb. 2026 Update]

High-dividend stocks not only offer a regular stream of income but also provide a certain level of stability and potential for long-term growth. Here are Singapore's top 10 high-dividend stocks ranked by Dividend Yield TTM: (Source: Moomoo High Dividend Rankings list, as of Feb.12, 2026)

1. JMH USD (J36)

Company Profile

Jardine Matheson Holdings Ltd. (J36) is a large conglomerate mainly operating in Greater China and Southeast Asia. Its subsidiaries offer a wide range of products and services, including motor vehicles and related businesses, property investment and development, food retail, home furnishings, engineering and construction, transport services, insurance brokerage, restaurants, luxury hotels, financial services, heavy equipment, mining, and agribusiness. In terms of net profit, the group's largest businesses are Hong Kong Land (a property investment company) and Dairy Farm (a food retail company).

Dividend Summary

• Industry: Diversified Conglomerate Industry

• Dividend Yield TTM: 4.06%

• Frequency: 2/Year

• Dividends History

• Pay Date: 21/05/2025 Cash Dividend 1.65 USD Per Share

• Pay Date: 23/08/2024 Cash Dividend 0.60 USD Per Share

• Pay Date: 22/05/2024 Cash Dividend 1.65 USD Per Share

• Pay Date: 18/08/2023 Cash Dividend 0.60 USD Per Share

• Pay Date: 17/05/2023 Cash Dividend 1.60 USD Per Share

2. DBS (D05)

Company Profile

DBS (D05) is a top financial services group in Asia, present in 18 markets. Headquartered and listed in Singapore, DBS focuses on three key Asian growth areas: Greater China, Southeast Asia, and South Asia. The bank holds some of the world's highest credit ratings ("AA-" and "Aa1"). It has won global awards like "World's Best Bank" (Euromoney), "Global Bank of the Year" (The Banker), and "Best Bank in the World" (Global Finance). DBS is a leader in using digital technology to shape the future of banking, also named "World's Best Digital Bank" by Euromoney. Investors often track DBS share price target to assess its valuation and upside potential in the Singapore stock market. How to buy DBS share in Singapore?

Dividend Summary

• Industry: Banks

• Dividend Yield TTM: 4.93%

• Payout Ratio LFY: 53.58%

• Frequency: 4/Year

DBS Dividends History

• Pay Date: 19/05/2025 Cash Dividend 0.75 SGD Per Share

• Pay Date: 18/08/2025 Cash Dividend 0.60 SGD Per Share

• Pay Date: 15/09/2024 Cash Dividend 0.54 SGD Per Share

• Pay Date: 16/08/2024 Cash Dividend 0.54 SGD Per Share

• Pay Date: 10/05/2024 Cash Dividend 0.54 SGD Per Share

Read More: DBS Earnings Preview 2025: Top Singapore Stock Opportunities

3. UOB (U11)

Company Profile

United Overseas Bank (U11) is a diversified financial institution based in Singapore, with a regional presence in Greater China and Southeast Asia, including key countries like Malaysia, Thailand, and Indonesia. Singapore, its core market, accounts for about 50% of its total assets. The group provides various services: consumer banking, commercial and corporate banking, investment banking, corporate finance, treasury services, wealth management, insurance, and brokerage.

Dividend Summary

• Industry: Banks

• Dividend Yield TTM: 4.80%

• Payout Ratio LFY: 48.87%

• Frequency: 2/Year

UOB Dividends History

• Pay Date: 18/08/2025 Special Dividend 0.25 SGD Per Share

• Pay Date: 29/04/2025 Cash Dividend 0.92 SGD Per Share

• Pay Date: 29/04/2024 Special Dividend 0.25 SGD Per Share

• Pay Date: 13/08/2024 Cash Dividend 0.88 SGD Per Share

• Pay Date: 29/04/2024 Cash Dividend 0.85 SGD Per Share

4. Jardine C&C (C07)

Company Profile

Jardine Cycle & Carriage Ltd (C07) is an investment-holding conglomerate focused on motor vehicle manufacturing and distribution in Southeast Asia. It has several business segments: Astra (controlling interest in Astra International, a major Southeast Asian automotive group), Thaco (a multi-industry group), Direct Motor Interests (a wide dealership network in Southeast Asia), and Other Strategic Interests (investments in companies like Siam City Cement and Refrigeration Electrical Engineering Corporation in Southeast Asia).

Dividend Summary

• Industry: Manufacturing and Distribution

• Dividend Yield TTM: 6.58%

• Payout Ratio LFY: 49.37%

• Frequency: 2/Year

• Dividends History

• Pay Date: 29/05/2025 Cash Dividend 0.84 USD Per Share

• Pay Date: 04/09/2024 Cash Dividend 0.28 USD Per Share

• Pay Date: 30/05/2024 Cash Dividend 0.90 USD Per Share

• Pay Date: 06/09/2023 Cash Dividend 0.28 USD Per Share

• Pay Date: 30/05/2023 Cash Dividend 0.83 USD Per Share

5. OCBC Bank (O39)

Company Profile

Oversea-Chinese Banking Corp. (O39) is Singapore's oldest bank, formed in 1932 by merging three local banks. OCBC's operations include consumer banking, wealth management and private banking (through its Bank of Singapore subsidiary), small and medium-sized enterprise (SME) banking, corporate and institutional banking, and insurance (via its majority-owned Great Eastern).

Dividend Summary

• Industry: Banks

• Dividend Yield TTM: 5.25%

• Payout Ratio LFY: 51.50%

• Frequency: 2/Year

OCBC Dividends History

• Pay Date: 28/08/2025 Cash Dividend 0.41 SGD Per Share

• Pay Date: 29/04/2025 Special Dividend 0.16 SGD Per Share

• Pay Date: 13/08/2024 Cash Dividend 0.44 SGD Per Share

• Pay Date: 09/05/2024 Cash Dividend 0.42 SGD Per Share

• Pay Date: 15/08/2024 Cash Dividend 0.40 SGD Per Share

6. Venture (V03)

Company Profile

Venture Corp Ltd. (V03), based in Singapore, provides technology services, products, and solutions, including supply chain management, product refurbishment, technical support, product and process engineering, etc. The company has two main business segments: Advanced Manufacturing and Design Solutions, and Technology Products and Design Solutions. Most of its revenue comes from the Advanced Manufacturing and Design Solutions segment, primarily from Asia (excluding Singapore).

Dividend Summary

• Industry: Technology Services Company

• Dividend Yield TTM: 6.47%

• Payout Ratio LFY: 88.86%

• Frequency: 2/Year

• Dividends History

• Pay Date: 06/05/2025 Cash Dividend 0.50 SGD Per Share

• Pay Date: 02/11/2024 Cash Dividend 0.25 SGD Per Share

• Pay Date: 08/05/2024 Cash Dividend 0.50 SGD Per Share

• Pay Date: 04/09/2023 Cash Dividend 0.25 SGD Per Share

• Pay Date: 09/05/2023 Cash Dividend 0.50 SGD Per Share

7. SIA (C6L)

Company Profile

Singapore Airlines (C6L) is Singapore's national airline and one of the largest in the region in terms of revenue and capacity. With its hub at Changi Airport, it offers regional and intercontinental passenger and cargo services, operating under two brands: the full-service SIA and the low-cost regional carrier Scoot. It also owns stakes in SATS and SIA Engineering. In 2024, after its associate airline Vistara merged with Air India, Singapore Airlines held a 25% stake in Air India. Market investors and analysts closely monitor SIA share price target to evaluate its investment potential and market valuation.

Dividend Summary

• Industry: Air Transportation Company

• Dividend Yield TTM: 6.84%

• Payout Ratio LFY: 56.27%

• Frequency: 2/Year

• Dividends History

• Pay Date: 12/08/2025 Cash Dividend 0.30 SGD Per Share

• Pay Date: 27/11/2024 Cash Dividend 0.10 SGD Per Share

• Pay Date: 02/08/2024 Cash Dividend 0.38 SGD Per Share

• Pay Date: 08/12/2023 Cash Dividend 0.01 SGD Per Share

• Pay Date: 02/08/2023 Cash Dividend 0.28 SGD Per Share

8. Haw Par (H02)

Company Profile

Haw Par Corp Ltd (H02) is a drug manufacturing company with multiple brands. It aims to expand its core businesses through product brand extension, strategic partnerships, and potential acquisitions. Its operating segments are Healthcare, Investments, and Others, with the Healthcare segment generating the most revenue. This segment manufactures and distributes topical pain-relief products under brands like Tiger Balm and Kwan Loong. Most of its revenue comes from ASEAN countries.

Dividend Summary

• Industry: Manufacturing

• Dividend Yield TTM: 3.26%

• Payout Ratio LFY: 38.80%

• Frequency: 2/Year

• Dividends History

• Pay Date: 06/05/2025 Cash Dividend 0.20 SGD Per Share

• Pay Date: 06/05/2025 Special Dividend 1 SGD Per Share

• Pay Date: 23/08/2024 Cash Dividend 0.20 SGD Per Share

• Pay Date: 06/05/2024 Cash Dividend 0.20 SGD Per Share

• Pay Date: 22/08/2023 Cash Dividend 0.20 SGD Per Share

9. Nomura Yen1k (N33)

Nomura Yen1k (N33) is a financial instrument tied to Nomura Holdings, a leading global investment bank based in Japan. Operating across Asia, Europe, and the Americas, Nomura provides a full range of financial services, including investment banking, asset management, and retail brokerage. Renowned for its expertise in Asian markets, the firm serves institutional, corporate, and individual clients worldwide. Investors often monitor Nomura’s performance to gauge trends in global financial markets and regional economic shifts.

10. Lonza (O6Z)

Lonza (O6Z) is a Swiss-based global leader in life sciences and biotech manufacturing. Specializing in the production of active pharmaceutical ingredients (APIs), cell and gene therapies, and specialty ingredients, Lonza supports healthcare and biotech industries worldwide. With facilities across 35 countries, the company partners with pharmaceutical giants and biotech startups to advance medical innovation. Its role in producing critical components for vaccines and therapies makes it a key player in global healthcare.

11. Great Eastern (G07)

Great Eastern (G07) is Singapore's oldest and largest life insurance company, with a heritage spanning over a century. A subsidiary of OCBC Bank, it provides life insurance, health insurance, and wealth management solutions to individuals and families. Renowned for its financial stability and customer-centric approach, Great Eastern is a trusted name in Singapore's financial landscape, with a growing presence in Southeast Asia.

How to Choose the Best Singapore Dividend Stock?

Investing in dividend stocks can be a great way to generate passive income, and Singapore offers a range of attractive options. When looking for the best Singapore dividend stocks, there are several key factors to consider. Here, we'll explore three important aspects: dividend yield, dividend payout ratio, and dividend history.

Dividend Yield

Dividend yield is a crucial metric for dividend investors. It is calculated by dividing the annual dividend per share by the stock's current market price. A higher dividend yield generally indicates a more attractive investment in terms of income generation.

In the Singapore market, different stock market sectors may have varying average dividend yields. However, a very high dividend yield could also be a red flag. It might suggest that the company is facing financial difficulties, or the market has a negative outlook on the stock, causing the price to drop and the yield to rise artificially.

When evaluating dividend yield, it's important to compare it with the industry average and the company's historical yield. A company that consistently maintains a stable or increasing dividend yield over time is often a more reliable choice.

Dividend Payout Ratio

The dividend payout ratio shows the proportion of a company's earnings that are paid out as dividends. It is calculated by dividing the total dividends paid by the company's net income. A lower payout ratio means the company retains more of its earnings for reinvestment in the business, which might lead to future growth.

In Singapore, a sustainable dividend payout ratio is typically considered to be in the range of 40%-60%. If a company has a very high payout ratio, say above 80% or 90%, it may not be sustainable in the long run. The company might struggle to maintain or increase its dividends if it faces a downturn in earnings. On the other hand, a very low payout ratio could indicate that the company is not returning enough value to its shareholders.

Dividend History

A company's dividend history is a valuable indicator of its reliability as a dividend-paying stock. A long-standing history of consistent or increasing dividends is a positive sign. It shows that the company has a stable business model, strong cash flows, and a commitment to rewarding its shareholders.

In Singapore, there are companies that have a track record of paying dividends for decades. These companies have weathered various economic cycles and still managed to maintain or grow their dividend payments.

When looking at dividend history, also consider the frequency of dividend payments. Some companies pay dividends quarterly, while others pay semi-annually or annually. Quarterly dividend payments can provide a more regular income stream for investors.

How to Buy Dividend Stocks in Singapore?

Here is a step-by-step guide on how to buy dividend stocks in the Singapore stock market.

Step 1: Open a Trading Account in Singapore

The first step in buying dividend stocks in Singapore is to open a trading account. You have several options when it comes to choosing a brokerage firm. You can choose a local or a well-known international brokerage with a presence in Singapore, which might provide access to a wider range of research tools and global market insights. Moomoo SG, the No.1 Investment App in Singapore, offers 0 commission* for global stocks trading, including Singapore stocks.>>Learn more

Once you've chosen a brokerage, you'll need to complete the account opening process. This typically involves providing personal identification documents, proof of address, and financial information. After submitting the required documents, the brokerage will review your application, and upon approval, you'll be able to fund your trading account.

Step 2: Find Stocks that Pay Dividends

After opening your trading account, the next step is to find stocks that pay dividends, and whether you're exploring listings on the Singapore Exchange or beyond. There are several ways to identify these stocks. One approach is to use stock screeners. Stock screening tools that allow you to filter stocks based on various criteria, including dividend yield, dividend growth rate, and payout ratio.

Alternatively, you can view the list of High Dividend Rankings directly on Moomoo SG, which provides comprehensive information about these stocks.

Step 3: Analyse the Stock

Before buying a dividend stock, it's crucial to conduct a thorough analysis of the company. Start by looking at the company's financial statements, including the income statement, balance sheet, and cash-flow statement. These statements can give you insights into the company's revenue, profitability, debt levels, and cash-generating ability.

Pay attention to the dividend-related metrics, including dividend yield, dividend growth rate, and payout ratio. In addition to financial analysis, consider the company's business model, competitive position in the industry, and future growth prospects.

Step 4: Place Your Order

Once you've identified a dividend stock that meets your investment criteria, it's time to place your order. Log in to your trading account and navigate to the trading platform. On the platform, you'll find an option to place an order. You can choose between different types of orders, such as market orders and limited orders.

Read More: How to Buy Straits Times Index (STI) in Singapore 2025

Comparison of Dividend Stocks and Dividend Funds in Singapore

There are two main strategies for Singaporean investors who want to invest in companies that pay dividends. One way is to invest using funds, for example, exchange-traded funds (ETFs) or index funds that specifically zero in on dividend-paying stocks. The other way is to directly acquire individual dividend-paying stocks.

Dividend ETFs and index funds provide an uncomplicated means of achieving a diversified investment in a group of dividend stocks with just one trade. By making an investment in such a fund, you effectively possess a portfolio of companies that yield dividends. After that, the fund will distribute dividends to you at set intervals.

One of the notable benefits of this investment approach based on funds is the built-in diversification feature. In case a company in the fund cuts or suspends its dividend payments, the negative influence on your overall income is reduced since you still get dividends from the other companies in the fund.

Read More: How to Invest in ETFs in Singapore

Why Choose Moomoo SG for Dividend Stocks？

0 Commission* for Singapore Dividend Stocks

When you trade Singapore-listed dividend stocks on Moomoo SG, you'll enjoy $0 commission* on these trades. This means more of your investment returns from dividends stay in your pocket, helping you maximize gains as you build or grow your dividend-focused portfolio.

Moomoo Featured List for High Dividend Stocks

One of the standout features of Moomoo SG is its featured list of high dividend stocks. This curated list is a valuable resource for investors seeking stocks that pay regular high dividends.

Dividend Calendars

Moomoo SG also offers dividend calendars, which are an essential tool for dividend stock investors. These calendars allow you to keep track of dividend information for various stocks. You can view important details such as ex-dividend dates, record dates, and payment dates.

24-Hour Customer Help

Investing in the stock market can sometimes be complex, and you may encounter questions or issues along the way. That's where Moomoo SG's 24-hour customer help comes in. Our dedicated team is available to provide live support on trading days with personalized responses typically provided within 24 hours.

FAQs about Dividend Stocks in Singapore

What are the Best Dividend Stocks in Singapore?

The best dividend stocks are often those that offer a combination of high dividend yields, stable dividend payments, and strong financial fundamentals. Factors such as the company's industry position, growth prospects, and dividend-payout history are considered when determining the best dividend stocks.

Is Singtel a Dividend Stock?

Yes, Singtel is considered a dividend stock. The next dividend payment is expected on July 31, 2025, with a cash dividend of 0.067 SGD per share. Currently, its Dividend Yield TTM stands at 2.98%, and the Payout ratio LFY is 48.49%. The dividend payment frequency is twice a year.

For more information about Singtel's dividends, you can check the Moomoo High Dividend Rankings list.

How to Make $1000 a Month in Dividends?

It involves considerations such as the amount of capital to be invested, the selection of high-yielding dividend stocks, and the diversification of the investment portfolio. One may need to analyze different stocks' dividend yields and calculate the required investment amount based on those yields.

Can You Buy Stock Right before Dividend?

It involves understanding concepts like the ex-dividend date, record date, and how they affect the right to receive dividends. Buying a stock right before the dividend may or may not be beneficial, depending on various market factors and the stock's price movement.

How to Qualify for Stock Dividend?

To qualify for a stock dividend, several key factors come into play.

1. Date of Share Purchase

The most critical date is the ex-dividend date. This is set by the stock exchange and is typically one business day before the record date. If you purchase shares on or after the ex-dividend date, you will not be eligible to receive the upcoming dividend.

2. Number of Shares Held

Some companies may have a minimum number of shares requirement to receive a dividend. This is more common in certain types of stocks or in companies with specific dividend-distribution policies.

3. Company's Specific Dividend-Distribution Policies

Each company has its own set of rules regarding dividend distribution. Some companies may have a policy of only paying dividends to long-term shareholders. They might define the long-term as holding shares for a certain number of months or years. Additionally, a company's financial situation can also impact dividend eligibility.

What Stocks Offer Attractive Dividends?

Generally, attractive dividends can be measured by high dividend yields, consistent dividend growth, and the overall financial health of the company. Analyzing different sectors and companies' financial statements can help in answering this question.

Do Dividend Stocks Outperform?

Performance can be measured in terms of total return (including capital appreciation and dividends), risk-adjusted returns, and performance during different market cycles.

1. Total Return (Including Capital Appreciation and Dividends)

When considering total returns, dividend stocks can have an edge. The dividends received provide a regular income stream, and if the stock price also appreciates over time, investors can enjoy both income and capital gains.

2. Performance During Different Market Cycles

In bull markets, non-dividend stocks may outperform as investors are more focused on capital appreciation and are willing to take on more risk. However, in bear markets or during economic recessions, dividend stocks often hold up better. Their regular dividend payments can provide a source of income when stock prices are falling, and companies with a history of stable dividends are generally more resilient.

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Conclusion

Singapore's dividend stocks remain a strategic choice for investors who prioritize stability, passive income, and growth that can withstand inflation. Our analysis of the top 10 picks—from banking giants like DBS (D05) and UOB (U11) to resilient industrial leaders like Venture (V03) and Haw Par (H02)—highlights companies engineered to thrive amid global volatility. These stocks distinguish themselves not just for attractive yields, but for robust fundamentals, including sustainable payout ratios, consistent dividend histories, and exposure to future-proof sectors.

Looking forward, Singapore's equity market remain a bright spot for strategies centered on income. With a mix of established sectors and emerging growth opportunities-highlighted in the top 10 dividend stocks list, it offers a stable foundation for investors seeking predictable returns and long-term capital appreciation. Whether you're diversifying globally or building a retirement income stream, these stocks deliver predictable returns without sacrificing growth.