HRnetGroup (SGX: CHZ)
HRnetGroup is a recruitment and staffing firm operating across Asian cities, with brands such as HRnetOne, PeopleSearch and RecruitFirst. The business runs on two engines. Flexible Staffing supplies contract and temporary workers and contributed 89.7% of revenue. Professional Recruitment handles permanent placements and executive search, and though it brought in just 9.6% of revenue, it delivered 45.2% of gross profit. For the full year ended 31 December 2025, revenue rose 3.0% year on year (YoY) to S$584.0 million. Average monthly contractors grew 5.6% to 16,421, and placement volumes climbed 4.6% to 4,766....Retirement income should not depend on hope. It should depend on cash.
A dividend looks safe right up until the cash that pays for it dries up.
That is why the most useful question a retiree can ask of any income stock is not “what’s the yield” but “where does the money come from, and will it keep coming”.
Three lesser-known names on the Singapore Exchange answer that question well, each in its own way.