We look at three Singapore blue chip stocks with forward dividend yields above 6%, and assess whether their dividend payouts can be sustained after their latest results.
What happened?
I've been looking at Singapore blue chip stocks with dividend income.
Earlier, we looked at DBS, OCBC and UOB’s latest dividends, as the three Singapore banks continued to draw interest after their latest results.
We also looked at 3 Singapore blue-chip REITs near 5-year lows with dividend yields around 6% as REITs remain a popular option for investors looking for passive income.
Beyond the banks and REITs, some Singapore blue chip stocks are also offering forward dividend yields above 6% after the decline in their share prices.
This has led to questions from the Beansprout community on whether these higher dividend yields are attractive, or if they reflect concerns about weaker earnings and lower future payouts.
In this article, I compare three Singapore blue chip stocks with forward dividend yields above 6% in May...