3 Singapore Stocks That Have Doubled Their Dividends or More

FY2021’s total dividend surged to S$0.33 per share, more than triple the S$0.10 paid out in FY2020.In addition, Keppel also intends to utilise its cash for a S$500 million share buyback programme.

Meanwhile, its offshore and marine division continues to capture contracts worth S$250 million from repeat customers.UMS Holdings Limited In line with its strong performance, UMS has doubled its final dividend from S$0.01 last year to S$0.02. The acceleration in digital adoption should also step up chip demand and the World Semiconductor Trade Statistics has predicted that the semiconductor market will grow by 8.8% this year to US$601 billion.Riverstone is a manufacturer of nitrile and natural rubber gloves that are used in the cleanroom sector and also premium nitrile gloves used for the healthcare industry.

Gross profit more than doubled year on year to RM 1.9 billion on the back of higher average selling prices for both its cleanroom and healthcare gloves.In tandem with the strong financial performance, the group declared an FY2021 dividend of RM 0.48, double the RM 0.24 that was paid out in FY2020.

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