S63 dividend yield calculator – Singapore Technologies Engineering Ltd Declares 0.04 Cash Dividend

🌥️Dividends Yield

On May 25, 2023, Singapore Technologies Engineering ($SGX:S63) Ltd declared a cash dividend of 0.04 SGD per share. For the past three years, the company has consistently paid an annual dividend of 0.22 SGD per share, yielding an average of 5.78% from 2022 to 2023. This makes SINGAPORE TECHNOLOGIES ENGINEERING an attractive option for those who are interested in dividend stocks. The ex-dividend date is May 23, 2023, so shareholders must purchase the stock by that date to be eligible to receive the dividend. SINGAPORE TECHNOLOGIES ENGINEERING is engaged in the business of providing engineering and technical services to sectors such as aerospace, electronics, marine, land systems and others. The company offers a range of integrated solutions and services from daily operations to product development and manufacturing.

It is one of the leading companies in the engineering and technology industry in Singapore, providing its customers with high-value solutions and services. As a result, investors can be confident in SINGAPORE TECHNOLOGIES ENGINEERING’s sustainability and reliability. The company’s long-term track record of paying dividends makes it a safe investment for those who are looking for a reliable income stream from dividends. With a consistent dividend yield and solid financial fundamentals, SINGAPORE TECHNOLOGIES ENGINEERING is definitely worth considering for those looking for quality dividend stocks.

Share Price

The stock opened at SG$3.7 and closed at the same price, indicating a steady performance. This marks ST Engineering’s third consecutive quarter of dividend payments, further demonstrating their commitment to rewarding shareholders for their support. With the dividend payment, ST Engineering continues to strengthen its strong financial position as it seeks to remain competitive and increase shareholder value over the long term. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for S63. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for S63. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for S63. More…

Key Ratios Snapshot

Some of the financial key ratios for S63 are shown below. More…

Analysis

GoodWhale has conducted an analysis of the financials of SINGAPORE TECHNOLOGIES ENGINEERING and the results are encouraging. Our Star Chart shows that SINGAPORE TECHNOLOGIES ENGINEERING has a high health score of 7/10 with regard to its cashflows and debt, indicating that it is capable to sustain future operations in times of crisis. SINGAPORE TECHNOLOGIES ENGINEERING is strong in dividend, medium in growth, profitability and weak in asset. As such, we classify SINGAPORE TECHNOLOGIES ENGINEERING as a ‘rhino’, a type of company we conclude that has achieved moderate revenue or earnings growth. Given its financial health and moderate growth, SINGAPORE TECHNOLOGIES ENGINEERING may be of interest to investors looking for exposure to a relatively safe and stable company. These investors may be seeking a steady income-generating stock and are likely to be content with moderate returns. More…

Peers

The competition in the engineering industry is fierce, especially between Singapore Technologies Engineering Ltd (STEL) and its many competitors. Companies such as CSSC Offshore & Marine Engineering (Group) Co Ltd, Paras Defence And Space Technologies Ltd, and Laxmipati Engineering Works Ltd all strive to out-perform and out-innovate one another to gain the upper hand in the industry. This competition has resulted in a great deal of innovation and progress, pushing all companies involved to be at the forefront of engineering technology.

– CSSC Offshore & Marine Engineering (Group) Co Ltd ($SHSE:600685)

CSSC Offshore & Marine Engineering (Group) Co Ltd is a leading provider of offshore and marine engineering services in China. The company specializes in the design and construction of ships, offshore platforms, drilling rigs, and other related marine engineering products. As of 2022, the company has a market capitalization of 22.33 billion and a return on equity of 1.45%. The company’s market capitalization reflects its large size and its success in competing in the offshore and marine engineering services industry. The return on equity of 1.45% indicates that the company is generating a satisfactory level of return on its investments. CSSC Offshore & Marine Engineering (Group) Co Ltd has consistently delivered strong performance over the years and is well-positioned to capitalize on future growth opportunities in the industry.

– Paras Defence And Space Technologies Ltd ($BSE:543367)

Paras Defence And Space Technologies Ltd is a leading defense and space technology provider based in India. The company is involved in the design, development, and manufacture of electronic systems, subsystems, and components for the defense and aerospace industries. The company has a market capitalization of 24.11B as of 2022 and boasts a Return on Equity of 7.89%. This reflects its strong financial performance, as well as its success in developing innovative and reliable defense and aerospace technology products.

– Laxmipati Engineering Works Ltd ($BSE:537669)

Laxmipati Engineering Works Ltd is an Indian automotive parts manufacturer located in Gujarat. The company specializes in manufacturing a wide range of components for the automotive industry, including exhausts, engine components, chassis components and more. As of 2022, the company has a market capitalization of 207.07M and a return on equity of 39.42%, indicating its strong financial performance. The market cap is a measure of the company’s current market value, while the return on equity is a measure of the company’s profitability. Both of these figures show that Laxmipati Engineering Works Ltd is a successful and profitable company, indicating that it is well positioned to continue its successful operations in the future.

Summary

SINGAPORE TECHNOLOGIES ENGINEERING is an attractive opportunity for investors seeking a reliable dividend with high yield. In the past 3 years, the company has consistently issued an annual dividend of 0.22 SGD per share, yielding an average of 5.78%. Furthermore, its profitability is further strengthened by a strong balance sheet and healthy cash flow. With a solid earnings track record and high dividend payouts, SINGAPORE TECHNOLOGIES ENGINEERING is an attractive long-term investment for investors looking to diversify their portfolio.