Nothing beats the feeling of receiving a dividend that goes straight into your bank account. Dividends are the rewards that you receive for investing your money in cash-generating stocks and are a tangible return you can enjoy. Fortunately, many stocks on the Singapore Stock Exchange pay out a consistent dividend. These include dependable blue-chip stocks along with smaller companies and conglomerates. Here are five Singapore companies that are set to dole out dividends in May.

Delfi Ltd (SGX: P34)

Delfi is a manufacturer of branded consumer products which are sold in over 17 countries such as Indonesia, the Philippines, Malaysia, Singapore, and Hong Kong. The group has a portfolio of established chocolate brands such as SilverQueen and Ceres in addition to its namesake Delfi brand. Delfi announced a respectable set of earnings for 2023 with revenue rising by 12.7% year on year to US$538.2 million. Gross profit increased by 5.3% year on year to US$153.2 million while net...