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5 Stocks Paying Out Dividends in April
By The Smart Investor  •  April 1, 2024
Income investors invest to obtain a steady stream of passive income from dividends. The good news is that Singapore’s stock market has a wide variety of dividend-paying stocks. These range from blue-chip stocks to REITs and smaller companies with healthy cash flows. We profile five Singapore stocks that are set to dish out dividends in April.

Riverstone Holdings (SGX: AP4)

Riverstone is a manufacturer of nitrile and natural rubber cleanroom gloves. The group has six manufacturing facilities in Malaysia, China, and Thailand with an annual production capacity of 10.5 billion gloves. Riverstone reported a downbeat set of earnings for 2023 but provided a positive outlook. 2023’s revenue fell by 27.4% year on year to RM 914.8 million while net profit tumbled by nearly 30% year on year to RM 220.4 million. However, the group saw sequential improvement for its fourth quarter 2023 (4Q 2023) results with net profit surging by 60.7% year on year to RM 67.5 million. The business proposed an ordinary final dividend of RM 0.075 and...
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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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