We highlight three stocks that will be paying out dividends next month, including Sembcorp Industries, ST Engineering and Starhub.
What happened?
It is not just Singapore REITs that pay out attractive dividends.
The good news is that Singapore’s stock exchange contains a plethora of choices when it comes to dividend-paying stocks.
Earlier, I shared how DBS offers an attractive dividend yield after it raised its dividends in 2023.
With the dividend yield on the Singapore market at above 4%, I have been looking at some other dividend-paying stocks that can help me generate a steady stream of passive income.
As such, I started my search with three stocks that will pay their dividends in May, and are currently still trading cum-dividend.
Let us dive deeper into these three stocks - Sembcorp Industries, ST Engineering and Starhub.
3 Singapore stocks that are paying dividends in May
#1 – Sembcorp Industries Ltd
Sembcorp Industries has an energy portfolio of 21.3 GW comprising 13.8 GW of renewable energy...