Imagine receiving an extra pay cheque every month that you don’t have to pay tax on – that’s the alluring promise of
dividend investing in Singapore.
But hold up, with so many dividend stocks to choose from, which should you put your capital into for the best dividend income and returns?
Here, we share 5 top-quality Singapore dividend stocks we think you should watch in 2023:
5 top quality Singapore dividend stocks to watch in 2023
| Singapore Dividend Stock |
SGX Ticker |
Sector |
Rationale |
| Mapletree Logistics Trust |
M44U |
Logistics REIT |
Secular growth |
| Comfort DelGro |
C52 |
Transportation |
Undervalued |
| Jardine Cycle & Carriage |
C07 |
Conglomerate |
Macro |
| Sheng Siong |
OV8 |
Retail |
Income stability |
| ST Engineering |
S63 |
Defence |
Recession proof |
1) Mapletree Logistics Trust (SGX: M44U)
Mapletree Logistics Trust (MLT) just announced an acquisition spree to acquire eight logistics properties in Japan, Australia and South Korea for a combined value of $914 million.
The acquisition plan is part of MLT’s strategy to...
