3 Singapore blue chip stocks with dividend yields of above 5%

What happened?

I've been looking at Singapore blue chip stocks with dividend income.

After we shared Singapore blue chip stocks that raised dividends and Singapore blue chip stocks that are near all-time highs, I noticed that their dividend yields may not be as high as in the past as their share prices have moved up.

This stands in contrast some Singapore REITs that continue to offer dividend yields above 5%.

Naturally, I then wanted to find out if there are still blue chip stocks that still offer dividend yields above 5%.

In this article, we look beyond REITs and compare three Singapore blue chip stocks with dividend yields above 5%, and whether they are good options to generate passive income. 

3 Singapore blue chip stocks with dividend yields of above 5%

UOB: United Overseas Bank Limited (SGX: U11)

United Overseas Bank (UOB) is one of Singapore’s three major local banks, offering retail, corporate, and wealth management services across ASEAN.

For 4Q 2025, UOB reported net profit of S$1.41 billion, down 7% year-on-year. 

Net interest income fell 4% year-on-year to S$2.3 billion as margin headwinds outweighed healthy loan growth, though net interest margin improved quarter-on-quarter to 1.84% from 1.82% in 3Q 2025. 

Fee income was a bright spot, rising 10% year-on-year to S$625 million in 4Q 2025, supported by wealth management and loan-related fees. 

Other non-interest income fell 28% to S$319 million due to weaker trading and investment income.

Credit costs eased from the prior quarter as total allowances normalised, and asset quality remained stable with the NPL ratio improving to 1.5% from 1.6% in 3Q 2025. 

UOB management continued to build buffers for selected markets. UOB’s general allowance coverage on performing loans rose to 2.1% for Greater China and 4.7% for the US, indicating a more cautious stance on potential commercial real estate-related risks.

For 2026, UOB guided for low single-digit loan growth and net interest margin of 1.75% to 1.80%, signalling that margin pressure may persist as rates normalise.

Alongside its latest results, UOB proposed a final dividend of S$0.71 per share, bringing total ordinary dividends to S$1.56 per share in FY2025. The bank also paid a 50 cent special dividend over two tranches during 2025.

Over the past 12 months, UOB shareholders received a total of 227 cents per share, made up of a 92 cent final dividend for FY2024, an 85 cent interim dividend for FY2025, and the 50 cent special dividend.

Based on UOB’s share price of S$37.20 as of 24 Feb 2026, this trailing twelve-month dividend implies a dividend yield of about 6.1%.

However, analysts are expecting UOB's total dividends to decline to $1.71 in 2026. This would represent a potential dividend yield 4.6%, based on its share price of S$37.20 as of 24 Feb 2026.

Find out how much dividends you would have received as a shareholder of UOB in the past 12 months with the calculator below.

Related Links:

• UOB reports 7% decline in 4Q25 profit and lowers final dividend: Our Quick Take
• United Overseas Bank Limited share price history and share price target
• United Overseas Bank Limited dividend forecast and dividend yield

Genting Singapore Limited (SGX: G13)

Genting Singapore is a leisure and hospitality group best known for operating Resorts World Sentosa, which combines casino gaming with hotels, attractions, retail and dining, and MICE facilities.

In 2H FY2025, revenue rose to S$1,237.6 million, up 5% year-on-year. 

Gaming revenue increased 2% to S$764.1 million, while non-gaming revenue grew 10% to S$473.1 million. Adjusted EBITDA was S$392.1 million, up 1% year-on-year. 

Despite the higher revenue, 2H FY2025 net profit declined 30% to S$155.6 million. The profitability was impacted by higher depreciation and amortisation and materially lower interest income, which fell to S$31.3 million in 2H FY2025 from S$65.0 million a year ago.

For FY2025, Genting Singapore reported revenue of S$2,452.1 million, down 3% year-on-year. Adjusted EBITDA declined 15% to S$815.8 million, while net profit fell 33% to S$390.3 million.

Management attributed the softer full-year performance mainly to a lower win rate in the gaming business, which contributed to a 6% y-o-y decline in gaming revenue to S$1,603.6 million. 

Non-gaming revenue held up better, rising 3% y-o-y to S$847.8 million, and management highlighted that non-gaming revenue strengthened in the second half of the year as refreshed attractions and hospitality offerings were phased in.

Operating momentum improved gradually as refreshed offerings were introduced across the resort, but profitability was weighed down by ramp-up costs associated with new launches, operating costs incurred during temporary closures, and ongoing infrastructure upgrades and technology system enhancements linked to the broader RWS refresh.

Genting Singapore has implemented a leadership reshuffle in 2025 with key appointments as it moves through what it described as a pivotal stage of transformation under RWS 2.0, with a focus on improving competitiveness and the guest experience.

This included the appointment of Lee Shi Ruh as President and Chief Operating Officer, moving from his previous role as Chief Financial Officer, alongside a new CFO appointment.

Resorts World Sentosa’s casino licence was renewed for a shorter two-year term that takes effect from 6 Feb 2025, after tourism performance during the evaluation period was assessed as unsatisfactory.

Resorts World Sentosa (RWS) is advancing its S$6.8 billion RWS 2.0 expansion, led by Genting Singapore, to diversify beyond gaming and grow its lifestyle appeal. In 2025, it opened Minion Land at Universal Studios Singapore, the revamped Singapore Oceanarium, and the WEAVE lifestyle mall. 

More concepts are set for 2026, including Dopamine Land and People People brewery. By 2030, a new waterfront with two luxury hotels, retail and dining spaces, and an 88m “mountain trail” will add over 164,000 sq m, increasing RWS’s total gross floor area by 50 per cent.

For FY2025, Genting Singapore proposed a final dividend of S$0.02 per share, which together with the interim dividend of 2.0 cents brings total FY2025 dividends to 4.0 cents per share, unchanged from FY2024. This would also bring its trailing twelve months total dividend to S$0.04.

Based on Genting Singapore's share price of S$0.79 as of 24 February 2026, Genting Singapore offers a trailing twelve-month dividend yield of about 5.1%.

According to analysts forecasts, Genting's total dividend per share is expected to remain steady at S$0.04 in FY2026.

Find out how much dividends you would have received as a shareholder of Genting Singapore in the past 12 months with the calculator below.

Related Links:

• Genting Singapore Limited share price history and share price target
• Genting Singapore Limited dividend forecast and dividend yield

ComfortDelGro Corporation Limited (SGX: C52)

ComfortDelGro is one of Singapore’s most recognisable transport operators, with businesses spanning buses, rail, taxis and private-hire cars. 

Beyond Singapore, the group also has significant operations in the UK, Australia and other overseas markets, which together now contribute more than half of group revenue.

ComfortDelGro is also one of the largest constituents of the Singapore Next 50 Index with a ~5% weighting.

For the 12 months ended December 2025, revenue rose 13.0% year on year to S$5.06 billion, while PATMI increased 9.4% year-on-year to S$230.3 million. 

The group highlighted that improved UK contract margins, contributions from acquisitions, cost controls in Singapore, and disposal gains supported the year-on-year improvement in profitability.

In public transport, ComfortDelGro highlighted improving margins from Metroline London bus contract renewals, the start of Metroline Manchester contracts in 1Q2025, and the transition into new 10-year Zero Emission Bus Franchise contracts in Victoria, Australia. 

It also noted that its Stockholm rail joint venture commenced full operations on 2 November 2025, and that it was prequalified to bid for future Copenhagen Metro operations as part of a consortium.

In Singapore, the Public Transport Council fare review for 2025 concluded with fare adjustments taking effect on 27 December 2025, and the group stated that the Tampines bus package will be handed over to a new operator in July 2026. 

For its taxi and private-hire segment, ComfortDelGro completed the purchase of the remaining stake in CityCab, making it 100% owned, and pointed to improving point-to-point activity in Singapore, where fleet size contraction eased and trip numbers improved in 3Q2025 versus 2Q2025. 

It also highlighted product changes on its Zig app, including a 6-seater booking option added from October 2025, and the introduction of cancellation and waiting fees from July 2025, which led to a reported 40% drop in cancellations. 

ComfortDelgro increased its total dividends from 7.77 cents in 2024 to 8.50 cents in 2025. This would include an interim dividend of 3.91 cents and a final dividend of 4.59 cents.

Based on ComfortDelGro’s share price of S$1.53 as of 24 Feb 2026, this represents a trailing twelve-month dividend yield of about 5.6%.

Analysts are expecting ComfortDelgro's total dividends to rise further to 8.9 cents in 2026. This will represent a potential forward dividend yield of 5.8%.

Find out how much dividends you can potentially receive as a shareholder of ComfortDelGro with the calculator below. 

Related links:

• ComfortDelGro Corporation Limited share price history and share price target
• ComfortDelGro Corporation Limited dividend forecast and dividend yield

What would Beansprout do?

With falling interest rates, it may be worthwhile revisiting blue chips for higher dividend income, particularly blue chip stocks that offer dividend yields of above 5%. 

UOB, Genting Singapore and ComfortDelgro offer a trailing dividend yield of above 5%.

While UOB has the highest historical dividend yield boosted by special dividends, its final dividend was reduced in 2025, as its earnings declined with lower net interest margin. 

Its total dividend is expected to decline further in 2026, with a potential forward dividend yield of about 4.6%.

ComfortDelgro has a 2025 dividend yield of 5.6%, and it has demonstrated an ability to grow its dividends with the recovery in its earnings with improving overseas operations. As a result, ComfortDelgro's dividends are expected to grow further in 2026. 

Genting Singapore offers a dividend yield of 5.1%, as it has kept its total dividends in 2025 steady despite the sharply lower profit in 2025 with a lower win rate in the gaming business. 

Across the the 3 names, it appears that ComfortDelgro has the best balance of delivering steady earnings, as well as the highest expected forward dividend yield. 

On the other hand, we would look out for stabilisation in UOB's earnings with continued pressure on net interest margins, as well as turnaround in Genting Singapore's earnings, to gain more confidence on the sustainability of their dividends. 

If you’d like to identify other Singapore stocks with attractive dividend yields above 4%, you can explore our Singapore dividend stocks screener.

If you’d prefer broad exposure to the Singapore market, you can also consider learning more about the Straits Times Index (STI), which tracks the performance of Singapore’s largest blue chip companies.

Check out the best stock trading platforms in Singapore with the latest promotions to invest in Singapore blue chip stocks.

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