Okay so quite a few of you have asked me which dividend stocks are still worth buying in this market. The STI is up 22% this year and DBS and OCBC are sitting near all-time highs. All while S-REITs, the traditional dividend play in Singapore, are down about 13% in 2026. For what it’s worth, I did this exact exercise in October last year, and the 5 names were OCBC, Sembcorp, Singtel, CICT and UOB. A year on – OCBC is up 89%, UOB is up 20%, Singtel is flat, CICT is down 5% and Sembcorp is down 9% (price only, before dividends). So… one year on – which 5 dividend stocks would make my list today? Why 5% dividend yield no longer works in this market Three criteria, stated up front. One – the yield has to be at least 4% today, which is 2 points over the latest 6-month T-bill. Two – the dividend per share has to be higher than it was 5 years ago – grown, not just held....