Singapore’s Central Provident Fund (CPF) scheme is a great way to save up for your retirement. In particular, the CPF Special Account (SA) carried an interest rate of 4.08% from 1 July 2024 to 30 September 2024. While this interest rate is attractive, there are many stocks on the Singapore bourse that sport better dividend yields. Here are five stocks with dividend yields higher than the CPF SA interest rate.

Straits Trading Company (SGX: S20)

Straits Trading Company, or STC, is a conglomerate with operations and financial interests in resources (Malaysia Smelting Corporation Berhad), property (ESR Group), and hospitality (Far East Hospitality Holdings). The group reported a downbeat set of earnings for 2023 because of high interest rates and a high capitalisation rate that pressured its real estate valuations. Total revenue fell by 6.8% year on year to S$491.7 million, dragged down by a 10.1% year-on-year decline in tin mining and smelting revenue. The drop was offset by a 21.4% year on year increase in property revenue....