3 Billion-Dollar Singapore Stocks Offering Dividend Yields of 5% or Higher
By The Smart Investor  •  March 23, 2023
It’s natural for investors to seek stability and reliability when times get tough. Large, well-capitalised companies with a stellar track record qualify as suitable investment candidates should a downturn hit the economy. These names may not be blue-chip stocks, but they do possess either a strong franchise/brand or a natural monopoly that enables them to continue generating healthy profits and cash flow. For income-seeking investors, their focus is on the dividends that such stocks pay out. A combination of dependability and a high dividend yield are attractive traits that this category of investors seeks. We throw the spotlight on three billion-dollar businesses that offer dividend yields of 5% or more. Hong Leong Finance (SGX: S41) Hong Leong Finance, or HLF, is Singapore’s largest finance company with a network of 28 branches and 12 SME (small and medium enterprises) centres island-wide. HLF’s core business involves accepting deposits and savings from the public and providing corporate and consumer loans....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.

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