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Yangzijiang Shares Jump 5.9% on 6.6% Dividend Outlook

7/22/2026

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Story summary
  • Yangzijiang Shipbuilding shares rose 5.9% to S$3.95 after analysts highlighted a potential 6.6% dividend yield in 2027.
  • CGS International said the stock offers an attractive risk-reward profile.
  • CGS International forecast robust revenue growth from contracts signed in 2023 and most of 2024.
  • CGS International raised 2026-2028 earnings estimates 3-8%, lifted the target price to S$5.10 from S$4.95, and retained an add rating.