5 Singapore Stocks Paying Out Dividends in June
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 02 2024
0mins
Source: Yahoo Finance
- F&N drinks: Fraser & Neave (F&N) announced strong earnings for the first half of fiscal 2024, with revenue up by 2.5% and net profit increasing by 52.4% year on year.
- Dividends: Dividends are highlighted as an investor's best friend, providing passive income that can supplement or replace active income during retirement.
- Riverstone Holdings: Riverstone Holdings reported a strong set of earnings for the first quarter of 2024, with revenue rising by 4.8% and net profit increasing by 54.5% year on year.
- NetLink NBN Trust: NetLink NBN Trust had a resilient fiscal 2024, with revenue increasing by 1.9% and distribution per unit edging up by 1.1% year on year.
- Singapore Technologies Engineering: Singapore Technologies Engineering (STE) saw a revenue increase of 18% year on year for 1Q 2024, and declared an interim dividend of S$0.04 per share to be paid out on 5 June 2024.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
