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Forget Keppel Ltd: 4 Singapore Stocks That Possess a Higher Dividend Yield
By The Smart Investor  •  March 21, 2024
Income investors are constantly looking for stocks that pay out sustainable dividends. Such stocks should also have an attractive dividend yield that helps them to beat inflation. Blue-chip stock Keppel Ltd (SGX: BN4) is one stock that is popular with investors for its long track record and healthy dividend payments. The stock is providing a yield of around 4.8% presently. However, we managed to uncover four Singapore stocks that provide a higher dividend yield than Keppel. Read on to find out more about these businesses. OCBC Ltd (SGX: O39) OCBC is Singapore’s second-largest bank by market capitalisation and offers a comprehensive range of banking, insurance, and investment services for its customers. The lender reported a sparkling set of earnings for 2023 as higher interest rates boosted its net interest margin and net interest income. Total income climbed 25% year on year to S$13.5 billion, buoyed by a 25% year-on-year rise in net interest income to S$9.6 billion....
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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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