4 Singapore Blue-Chip Stocks Yielding More Than Your CPF Ordinary Account

Higher rates will support better net interest margins for the bank which will translate into higher net interest income.Singapore Technologies Engineering, or STE, is a technology and engineering group that serves the aerospace, smart city, defence, and public security sectors.For 2022, STE reported a 17.4% year on year jump in revenue to S$9 billion.

A total dividend of S$0.16 was declared for 2022, translating into a trailing dividend yield of 4.3% for STE’s shares. Revenue climbed 37% year on year to RMB 20.7 billion for 2022 while net profit rose 31% year on year to RMB 2.6 billion.As of 23 February 2023, the shipbuilder had an outstanding order book of US$11 billion for 149 vessels.

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