Singaporean Dividend Fortresses

Singapore Airlines

Market Cap: S$20.5b

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.

Yangzijiang Shipbuilding (Holdings)

Market Cap: S$15.3b

An investment holding company, engages in the shipbuilding activities in the Greater China, Canada, Japan, Italy, Greece, Germany, Bulgaria, United Kingdom, Singapore, and internationally.

Bumitama Agri

Market Cap: S$2.7b

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

Azeus Systems Holdings

Market Cap: S$324.0m

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$315.3m

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

Hafary Holdings

Market Cap: S$202.4m

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

Lum Chang Holdings

Market Cap: S$183.6m

Engages in the construction, project management, and property development and investment activities in Singapore and Malaysia.