As we enter the new year, this is the bonus post that hopefully can make us rich in time to come! [caption id="attachment_1338" align="alignright" width="134" caption="Photo by Refracted Moments™"][/caption] Short Name Industry Subgroup Dividend Yield SINGAP SHIPPING Transport-Marine 10.53 SIA ENGINEERING Commercial Services 10.05 MOBILEONE LTD Cellular Telecom 9.864 SINGAP AIRPORT T Airport Develop/Maint 9.859 DEL MONTE PAC LT Food-Canned 9.586 SINGAP REINSURAN Reinsurance 9.154 SINGAP PRESS HGS Publishing-Newspapers 8.599 CEREBOS PACIFIC Food-Misc/Diversified 8.503 SINGAPORE POST Transport-Services 8.17 SINGAPORE FOOD Food-Misc/Diversified 7.684 SINGAPORE EXCH Finance-Other Services 7.49 HAW PAR CORP Diversified Operations 6.964 SINGAPURA FINANC Finance-Mtge Loan/Banker 6.667 UNITED O/S INSUR Property/Casualty Ins 6.55 HONG LEONG FINAN Finance-Other Services 6.341 PARKWAY HLDGS Medical-Hospitals 5.804 GREAT EAST HOLD Life/Health Insurance 5.791 SING INV FIN Diversified Finan Serv 5.714 CHUAN HUP HLDGS Transport-Marine 5.263 UNITED OVERSEAS Commer Banks Non-US 5.208 RAFFLES EDUCATIO Schools 5.13 APB BREWERIES Brewery 3.168 This is a list of stocks that have never had a single year of negative free cash flow for the past 8 years and hence I would deem that they should be able to pay dividends for the foreseeable future. As a surprise, high dividend yield is not selected as a criteria for this list but 15 out of 23 stocks have a dividend yield of more than 6% which I think as high considering that with their strong FCF generative ability, the co.s have less probability of cutting their dividends and what you see is likely to be what you can get as dividends. But don’t be too hopeful, co. mgmt can play the conservative card and decide to keep cash and not pay you. Incidentally, out of the 700 stocks listed on SGX, only 30 stocks had never had a year of negative FCF and in my opinion, these should be part of the truly investable stocks on SGX. Read more...