Dividend policy

as announced on 18 March 2025

The Company is targeting further growth in revenue, operating cash flow and net profit with an objective to improve total shareholders’ return (TSR). It intends to re-invest for growth while rewarding shareholders with dividends as described below.

Barring unforeseen circumstances, as the Company achieves progressively higher full-year net profit, it will pay out about â…“ of its year-on-year increase in net profit1 as incremental dividends. The Company will pay dividends on a quarterly basis.

1The computation of the year-on-year incremental net profit shall exclude one-off effects of major divestments and impairments.

Dividend History

Financial YearDividends per share (cents)Dividend yield* (%)TypeEx-DatePayment DateAmount (cents per share)
202523.03.52%Special Dividend28 April 202613 May 20265.0
Final Dividend28 April 202613 May 20266.0
3Q Interim Dividend21 November 20255 December 20254.0
2Q Interim Dividend22 August 20255 September 20254.0
1Q Interim Dividend20 May 20253 June 20254.0
202417.03.97%Final Dividend29 April 202515 May 20255.0
3Q Interim Dividend26 November 202410 December 20244.0
2Q Interim Dividend22 August 20245 September 20244.0
1Q Interim Dividend21 May 20245 June 20244.0
202316.04.40%Final Dividend30 April 202414 May 20244.0
3Q Interim Dividend20 November 20231 December 20234.0
2Q Interim Dividend21 August 202331 August 20234.0
1Q Interim Dividend23 May 20236 June 20234.0
202216.04.50%Final Dividend25 April 20239 May 20234.0
3Q Interim Dividend6 December 202220 December 20224.0
2Q Interim Dividend22 August 20222 September 20224.0
1Q Interim Dividend24 May 20227 June 20224.0
202115.04.00%Final Dividend26 April 202210 May 202210.0
Interim Dividend19 August 202131 August 20215.0
202015.03.90%Final Dividend27 April20217 May 202110.0
Interim Dividend21 August 20202 September20205.0
201915.04.00%Final Dividend20 May 202029 May 202010.0
Interim Dividend21 August 20193 September 20195.0
201815.04.40%Final Dividend23 April 20197 May 201910.0
Interim Dividend16 August 201828 August 20185.0
201715.04.60%Final Dividend24 April 20188 May 201810.0
Interim Dividend17 August 201729 August 20175.0
201615.04.81%Final Dividend25 April 20179 May 201710.0
Interim Dividend18 August 201630 August 20165.0

* Dividend yield is derived based on dividing annual dividend paid per share by average closing share price of ST Engineering shares.

Enquiries

Lina Poa
Head Investor Relations
(65) 6722 1818