Right now Sheng Siong (OV8/ SHEN.SI) share price is at SGD$1.65 At this price, Sheng Siong is valued at price-to-book ratio of 6.193 and a trailing distribution yield of 3.916% With the current valuation, would I invest in it? Let’s go through it using my 7 steps guide and see how I pick the Best Singapore Dividend Stocks.

Sheng Siong (SGX: OV8) 1 Year Chart

(1) Half Yearly Results (2) Annual Result Date As a quick recap, here are the 7 steps I use to pick the best Singapore Dividend Stocks.

1. Debt to Equity Ratio
2. Dividend Yield
3. Dividend payout ratio
4. EPS Growth Rate
5. Return of Equity (ROE)
6. Price-to-Book Ratio
7. MOAT

Recommended Read: Warren Buffet’s 5 Characteristics of a Good Dividend Paying Stock BUSINESS BACKGROUND Sheng Siong Group Ltd. is one of the largest groceries chain in Singapore. Founded in 2010, the Group comprises of SS Supermarket, CMM Marketing and SS Malaysia. The group provide both “wet and dry” shopping options, including live, fresh and chilled...