Singaporean Dividend Fortresses

Singapore Airlines

Market Cap: S$21.1b

Together with subsidiaries, provides passenger and cargo air transportation services under the Singapore Airlines and Scoot brands in East Asia, Europe, South West Pacific, the Americas, West Asia and Africa, and internationally.

Bumitama Agri

Market Cap: S$2.5b

An investment holding company, engages in the production and trading of crude palm oil (CPO) and palm kernel (PK) in Indonesia.

HRnetGroup

Market Cap: S$727.0m

An investment holding company, engages in the recruitment and staffing business in Singapore, Hong Kong, Taiwan, the People’s Republic of China, Japan, South Korea, Malaysia, Thailand, and Indonesia.

Samudera Shipping Line

Market Cap: S$581.1m

Engages in the transportation of containerized and non-containerized cargo to various ports in Southeast Asia, the Indian Sub-continent, the Far East, and the Middle East, and internationally.

Azeus Systems Holdings

Market Cap: S$354.0m

An investment holding company, provides IT products and services in Hong Kong, rest of Asia, the United Kingdom, rest of Europe, Australia, New Zealand, North America, South America, the Middle East, and Africa.

Multi-Chem

Market Cap: S$306.3m

An investment holding company, distributes information technology (IT) products in Singapore, Australia, India, Vietnam, and internationally.

Hafary Holdings

Market Cap: S$217.4m

An investment holding company, engages in import, export, dealing, distribution, wholesale, and trading in building materials.