Income investors constantly search for stocks that pay out dividends to increase the amount of passive income they receive. Luckily, the Singapore Stock Exchange has a myriad of stocks that pay out consistent dividends. Investors get to pick and choose from a wide range of blue-chip stocks, REITs and smaller dividend-paying stocks to construct their investment portfolios. You may be on the lookout for companies that not only pay dependable dividends but also sport a high dividend yield. Most importantly, this high yield should be sustainable and not just a flash in the pan. We lined up four stocks that sport dividend yields of 5.6% or better that we believe are sustainable.

DBS Group (SGX: D05)

DBS needs no introduction, being the largest of the three Singapore banks by market capitalisation. The bank reported a solid set of earnings for its fiscal 2023 first half (1H 2023), buoyed by higher interest rates that lifted its net interest income (NII)....