Introduction

When it comes to investing in the stock market, investors have two main options:

• Growth Stocks
• Dividend Stocks

Dividend stocks provide a reliable stream of income, which may be less volatile than growth stocks that primarily rely on capital appreciation. Dividend investing is a popular strategy for investors seeking regular income from their investments. Singapore, as the Asian Financial Hub, has several companies that offer attractive dividend yields. In this blog, we will discuss the top 3 Singapore dividend stocks for 2023.

What is dividend investing?

Dividend investing involves purchasing stocks of companies that distribute regular cash payments to their shareholders as a form of reward for owning their stocks. These payments, also known as dividends, are a portion of the company's earnings that are distributed to its shareholders. By owning a dividend-paying stock, investors are entitled to receive a share of the company's profits as a return on their investment.

How to pick a good Singapore dividend stock?

Generally, there are several factors that we need to pay attention to when picking a dividend stock:

• The financial health of the company
• The dividend history of the company
• The future growth prospects of the company

Alternatively, investors can use the UNU formula, which stands for Up-Normal-Up:

• The stock goes UP over the time
  • Over the long term, the stocks will always reflect their true value.
• The dividend yield is NORMAL
  • About 3-6%
• The dividend goes UP over the time
  • The increasing dividend indicates the company is growing well over time.

What are the top 3 Singapore dividend stocks?

Here are the top 3 Singapore dividend stocks for 2023:

• Frasers Centrepoint Trust
  • Grown about 46% in the past 10 years
  • The dividend yield is 5.3%
  • CAGR is about 4%
• Mapletree Logistics Trust
  • Grown about 80% in the past 10 years
  • The dividend yield is 5.2%
  • CAGR is about 4.2%
• DBS
  • Grown about 150% in the past 10 years
  • The dividend yield is 5.1%
  • CAGR is about 9.9%

Conclusion

Investing in dividend stocks is a popular strategy for investors seeking regular income. Singapore has several companies that offer attractive dividend yields, such as, Frasers Centrepoint Trust, Mapletree Logistics Trust and DBS. It's important to conduct thorough research and analysis before investing in any stock to ensure that it aligns with your investment goals and risk tolerance.

Disclaimer: This article is for educational purposes only and is not financial advice. Investing in the stock market carries risks, and thorough research and analysis should be conducted before making any investment decisions. Always consult with a financial advisor before investing. The author and publisher shall not be liable for any losses or damages resulting from the information provided.

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