In a time where tech stocks globally are underperforming due to slowing growth and a higher interest rate environment, there are a number of Singapore tech stocks that are paying out robust
dividends.
Tech stocks are sought by investors mainly for growth. In times where growth slow down, tech stocks who are able to pay dividends reward investors for holding these stocks.
Tech stocks that are able to pay out some dividends usually reflect a mixture of reasons such as profitability, strong balance sheet and confidence in its prospects.
Here we look at:
5 SG Tech stocks with dividend yields of 3.5% or more
Company |
Ticker (SGX) |
Market capitalisation (S$’m) |
P/E ratio |
Dividend yield(%) |
AEM Holdings |
AWX |
898 |
7.2 |
3.5 |
Aztech Global |
8AZ |
646 |
9.7 |
3.7 |
Venture Corporation |
V03 |
5,010 |
13.5 |
4.4 |
UMS Holdings |
558 |
724 |
11.9 |
4.6 |
Micro-Mechanics Holdings |
5DD |
317 |
19.3 |
5.3 |
1) AEM Holdings (SGX: AWX)
AEM Holdings provides
semiconductor and electronics test solutions. FY22 was an...