{"id":51085,"date":"2026-05-09T16:10:47","date_gmt":"2026-05-09T08:10:47","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=51085"},"modified":"2026-05-09T16:10:47","modified_gmt":"2026-05-09T08:10:47","slug":"3-best-performing-singapore-blue-chip-stocks-in-april","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=51085","title":{"rendered":"3 best-performing Singapore blue chip stocks in April"},"content":{"rendered":"


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What happened?<\/h2>\n

Singapore blue chips rebounded in April 2026.<\/p>\n

After the volatility in March, the Straits Times Index remained resilient for much of April.<\/p>\n

We have seen OCBC\u2019s share price hit an all-time high in April<\/a>, while DBS has also gained after announcing their latest 1Q 2026 results.<\/a><\/p>\n

At the same time, Singapore REITs have also bounced back from their recent lows.<\/a><\/p>\n

This came as Singapore blue chip stocks continued to attract investor interest, with more investors looking at whether Singapore stocks may still offer growth and income opportunities in 2026<\/a>.<\/p>\n

In this article, we examine the 3 best-performing Singapore blue chip stocks in April 2026, and whether their latest results, business momentum and dividend outlook are strong enough to support the rally.<\/p>\n

\"STI
Source: Beansprout<\/figcaption><\/figure>\n

3 best-performing Singapore blue chip stocks in April<\/h2>\n

#1 -Yangzijiang Shipbuilding Holdings Ltd (SGX: BS6)<\/h3>\n

Yangzijiang Shipbuilding is one of Asia\u2019s leading shipbuilders.<\/p>\n

The group focuses mainly on commercial vessels such as containerships, bulk carriers, tankers and other specialised vessels.<\/p>\n

Yangzijiang Shipbuilding\u2019s share price closed at S$4.31 on 30 April 2026, up from S$3.78 at the end of March. This represents a gain of about 14.0% in April.\u00a0<\/p>\n

\"Yangzijiang
Source: Beansprout<\/figcaption><\/figure>\n

Yangzijiang Shipbuilding has also been one of the strongest performing blue chips in February 2026.<\/a><\/p>\n

For FY2025, revenue rose 7.4% year on year to RMB28.5 billion. Profit attributable to shareholders increased 30.2% to RMB8.6 billion. Gross profit margin also improved to 34.2%, helped by lower steel costs and better pricing for newbuild contracts.\u00a0<\/p>\n

\"Yangzijiang
Source: Yangzijiang Shipbuilding Holdings Ltd FY2025 Results Presentation\u00a0<\/figcaption><\/figure>\n

Profitability also improved meaningfully.\u00a0<\/p>\n

Management said gross margin expanded on the back of lower steel costs and better pricing for newbuild contracts. Gross margins of around 35% are exceptionally high by historical standards, and management described this as a rare upcycle.\u00a0<\/p>\n

For now, it expects margins at this level to be sustained through 2026 and 2027, barring any major swings in steel prices or the US dollar against the renminbi.<\/p>\n

Operationally, the group delivered 56 vessels in FY2025, meeting its delivery target for the year. It also ended FY2025 with an outstanding order book of US$22.4 billion across 245 vessels, giving it revenue visibility into 2029 and beyond.\u00a0<\/p>\n

Green vessels accounted for about 71% of the outstanding order book by value, while containerships remained the dominant vessel type.<\/p>\n

\"Yangzijiang
Source: Yangzijiang Shipbuilding Holdings Ltd FY2025 Results Presentation\u00a0<\/figcaption><\/figure>\n

The order momentum has continued into 2026.\u00a0<\/p>\n

In the first quarter of 2026, Yangzijiang secured contracts for 22 vessels worth about US$980 million.\u00a0<\/p>\n

These orders included 17 container ships, four oil tankers and one bulk carrier, with deliveries scheduled between 2028 and 2029. After factoring in these contracts and deliveries, its outstanding order book stood at about US$22.8 billion for 256 vessels.<\/p>\n

\"Yangzijiang
Source: Yangzijiang Shipbuilding Holdings Ltd announcement<\/figcaption><\/figure>\n

Yangzijiang has also moved to deepen its relationship with Seaspan Corporation, one of its long-standing customers.<\/p>\n

In March, the group announced that it would acquire a 10% stake in Poseidon Corp, the indirect parent company of Seaspan Corporation.The acquisition consideration is US$825.7 million and will be funded by internal cash resources.<\/p>\n

The company said the transaction would strengthen its strategic relationship with Seaspan and improve alignment between vessel demand, production planning and yard development.<\/p>\n

This could improve Yangzijiang\u2019s visibility over future vessel demand.\u00a0<\/p>\n

\"Yangzijiang
Source: Yangzijiang Shipbuilding Holdings Ltd FY2025 Results Presentation<\/figcaption><\/figure>\n

In terms of future growth, Yangzijiang is also investing in capacity expansion and LNG-related infrastructure.\u00a0<\/p>\n

Project Hongyuan is under construction and scheduled for completion by end-2026, with preliminary shipbuilding activities such as steel fabrication already started. The project covers about 866,671 square metres, equivalent to about 17% of the existing site area.<\/p>\n

Separately, its LNG Terminal Project, which includes an LNG terminal and LNG storage tank facilities, is also under construction and scheduled for completion by 1H 2027. Together, these projects show how Yangzijiang is preparing for longer-term demand from higher-value and greener vessels.\u00a0<\/p>\n

At the same time, management appears to be taking a more measured approach to new orders.\u00a0<\/p>\n

Its FY2026 order win target of 4.5 billion yuan suggests that profitability and execution are being prioritised over chasing volume.\u00a0<\/p>\n

\"Yangzijiang
Source: Yangzijiang Shipbuilding Holdings Ltd FY2025 Results Presentation<\/figcaption><\/figure>\n

On dividends, Yangzijiang proposed a dividend of 20 Singapore cents per share for FY2025, up from 12 Singapore cents in FY2024. This raised its dividend payout ratio to 50%.\u00a0<\/p>\n

\"Yangzijiang
Source: Yangzijiang Shipbuilding Holdings Ltd FY2025 Results Presentation<\/figcaption><\/figure>\n

Based on the share price of S$4.28, the consensus dividend of 21.5 cents implies a forward dividend yield of about 5.1%.<\/p>\n

Find out how much dividends you would have received as a shareholder of Yangzijiang Shipbuilding (Holdings) Ltd<\/strong> in the past 12 months with the calculator below.<\/p>\n