I keep a running list of favourite high-dividend stocks on the Singapore Exchange, and it’s time for another honest look at it.
There’s something genuinely satisfying about watching CDP deposit dividends into your account without having to lift a finger. Every dividend investor knows the feeling — it’s the whole appeal of building a portfolio that can eventually fund retirement on its own.
As an average retail investor here, I’m constantly on the hunt for stable, dependable dividend payers to add to that portfolio. Generating passive income through dividend stocks is, for me, the most accessible and straightforward version of this strategy — easy to understand, fair value for the effort involved.
Dividend yield, simply put, is Annual Dividend ÷ Share Price. Simple formula, but there’s real nuance in what makes a high yield actually trustworthy versus a warning sign — worth understanding why dividend yield matters before chasing yield alone.
Dividend yield alone has never been enough for me to add something to this list — there’s plenty written already on how to choose a good dividend stock, so I won’t repeat it here. I care more about gearing, the diversity of underlying assets for REITs and trusts, and whether distributions actually held up through at least one down cycle — not just the good years. In no particular order, here are the ones on my list, all high-yield stocks at 5% or more at time of writing:
- Keppel Infrastructure Trust — Website · Stock Chart · Dividend Yield
- Mapletree North Asia Commercial Trust — Website · Stock Chart · Dividend Yield
- OUE Commercial REIT — Website · Stock Chart · Dividend Yield
- Hong Leong Finance — Website · Stock Chart · Dividend Yield
- NetLink NBN Trust — Website · Stock Chart · Dividend Yield
- Mapletree Logistics Trust — Website · Stock Chart · Dividend Yield
- Ascott REIT — Website · Stock Chart · Dividend Yield
This isn’t a buy call — closer to a working notebook of what I’m holding, roughly why, and what would make me reconsider. These have been boringly stable for me, which for a dividend portfolio is exactly the point.
Further reading
A couple of other trackers worth keeping an eye on if you’re building a similar list: Investment Moats runs a genuinely useful SGX dividend stock tracker — worth a deeper look. Dr Wealth also publishes a list that’s caught my attention and warrants some research of its own.
If you’ve got favourites of your own on SGX, genuinely curious to hear them — get in touch via LinkedIn.
