DFI Retail Group Just Announced a Shocking Dividend Boost – Are You Missing Out? Find Out Now!

This week marked significant developments in Singapore's corporate landscape, showcasing the resilience and ambition of its companies. A prominent pan-Asian retailer set forth ambitious growth targets along with increased dividend payouts, while a healthcare technology firm celebrated a landmark initial public offering (IPO), marking the largest non-REIT IPO on the Singapore Exchange (SGX) in eight years.
On December 3, 2025, DFI Retail Group Holdings Limited (SGX: D01), the parent company of well-known brands including Guardian, 7-Eleven, Cold Storage, and IKEA, unveiled a three-year strategic plan during its investor day. The company announced a rise in its dividend payout ratio from 60% to 70%, effective from the final dividend of 2025. This move signals DFI's commitment to delivering value to its shareholders while pursuing growth.
DFI is targeting an underlying profit compound annual growth rate (CAGR) of 11-15% from 2025 to 2028, aiming for a profit of US$310–350 million by 2028. Group CFO Tom van der Lee expressed optimism, stating that the company is on track to enhance its return on capital employed (ROCE) to at least 15% by 2028. To achieve these ambitious goals, DFI plans to increase its online sales mix to between 7-10% and expand its Health & Beauty and Convenience store networks through a capital-light franchise model. Currently, DFI operates over 7,400 outlets across 12 markets with total annual revenue of US$24.9 billion in 2024.
In another noteworthy event, UltraGreen.ai Limited (SGX: ULG), a leader in fluorescence-guided surgery technology, made a splash on the Singapore Exchange on the same day. The company priced its shares at US$1.45 each and successfully raised US$400 million, showcasing strong demand as the IPO was 13.6 times oversubscribed. During intraday trading, shares climbed as much as 12% before closing at US$1.52, leading to a market capitalization of approximately US$1.67 billion. For fiscal year 2024, UltraGreen.ai reported revenue of US$114.7 million, a remarkable year-on-year growth of 59.3%, with a net profit margin of 48.8% amounting to US$56 million. CEO Ravinder Sajwan noted that the company is strategically expanding from Singapore to capture growth opportunities in Asia following its successes in Europe and North America.
Moreover, the quarterly review of the Straits Times Index (SGX: ^STI) revealed that CapitaLand Ascott Trust (SGX: HMN) and Sheng Siong Group (SGX: OV8) have entered the STI reserve list, which includes the five highest-ranking non-constituent stocks by market capitalization. CapitaLand Ascott Trust is recognized as the largest lodging trust in the Asia Pacific, boasting an asset value of S$8.8 billion as of September 30, 2025. The trust's diverse portfolio spans across 16 countries, covering serviced residences, rental housing, and student accommodations.
In contrast, Sheng Siong Group, one of Singapore’s leading supermarket chains with over 80 stores, reported strong third-quarter results for 2025. The group achieved revenue of S$415.5 million and a net profit of S$43.8 million, reflecting year-on-year increases of 14.4% and 12%, respectively. Both companies have market capitalizations exceeding S$3 billion, positioning them as potential future constituents of Singapore’s benchmark index.
This week’s developments not only highlight the resilience of Singaporean companies in a competitive market but also signal a broader trend of growth and innovation. As these firms adapt to changing market dynamics, they pave the way for future investment opportunities in the region.
Imagine a life where steady income flows, no matter the market. Our new free report, “Retire Early with Dividends,” reveals how we’ve pinpointed five dependable Singapore dividend stocks that offer a proven, stress-free path to financial freedom. Stop just dreaming and start building your early retirement plan today. Your free guide awaits here.
Stay informed by following us on Facebook, Instagram, and Telegram for the latest investing news and analyses!
The post Top Stock Market Highlights of the Week: DFI Retail Group’s Dividend Boost, UltraGreen.ai’s Historic IPO, and STI Reserve List Changes appeared first on The Smart Investor.
You might also like: