The market is in turmoil, it is easier to identify stocks that have delivered negative returns, however there are a few defensive stocks which have beaten the odds and delivered positive YTD share price returns. Here we share 5 of them and some reasons why we think these 5 companies are able to do so.
| Company |
Ticker
(SGX) |
Market Cap (S$’b) |
P/E ratio
(times) |
YTD returns (%) |
Dividend Yield
(%) |
Dividend payout ratio
(%) |
| Jardine C&C |
C07 |
11.8 |
9.0 |
46.4 |
4.2 |
48 |
| Sembcorp Industries |
U96 |
5.1 |
7.2 |
43.0 |
2.4 |
32 |
| Sheng Siong |
OV8 |
2.4 |
17.6 |
6.8 |
4.0 |
75 |
| Centurion Corp |
OU8 |
0.3 |
3.8 |
4.6 |
2.2 |
16 |
| OCBC Bank |
O39 |
54.3 |
10.8 |
3.3 |
4.7 |
52 |
There were 167 Singapore stocks that delivered positive YTD returns so far,
download the list here. Or, read on to find out why we featured these 5 defensive stocks:
- Jardine C&C (SGX:C07)+46.4%
Jardine C&C is the best performer of the lot featured here as the company’s share price staged a strong recovery in 2022, in part because of the company’s strong FY21 and 1H22 performance and the share’s perceived undervaluation when compared to the broader market....
