Should I buy Wilmar stock in 2025?
Is Wilmar stock a buy right now?
ScoreAs of May 2025, Wilmar International (SGX: F34) trades at SGD 3.06, with a robust average daily turnover of 6.28 million shares, underscoring stable investor engagement. Recently, Wilmar posted a strong Q1 2025, with net profit rising 13.5% to US$343.9 million, reflecting healthy operational momentum across its key food, feed, and plantation segments. Sustainability remains a central pillar, with the Science Based Targets initiative (SBTi) validating Wilmar’s net zero ambitions in March—a move that strengthens its position among ESG-focused investors. Wilmar’s strategic acquisition of additional shares in Adani Wilmar further bolsters its presence in high-growth Asian markets. Market sentiment is constructive: short-term technical signals trend cautiously upwards, long-term indicators reflect consolidation, and the share’s defensive nature—as seen in its low beta and resilient dividend policy—generates ongoing interest. In the context of global agribusiness, Wilmar’s diversified integration and expansive operations in over 20 countries grant it notable competitiveness. According to the consensus from more than 32 national and international banks, the price target stands at SGD 3.98. For investors searching for robust exposure to Asia’s food and agri value chain, Wilmar’s fundamentals and current valuation may merit careful attention.
- ✅Leading Southeast Asian agribusiness with vertically integrated, scalable operations.
- ✅Consistent revenue and profit growth; Q1 2025 net profit up 13.5%.
- ✅Attractive forward dividend yield of 5.26%, backed by stable cash flows.
- ✅Continued inclusion in the Dow Jones Sustainability Index; strong ESG credentials.
- ✅Diversified global presence across 20+ countries limits regional and commodity risk.
- ❌High debt-to-equity ratio could weigh on flexibility if borrowing costs rise sharply.
- ❌Share price has slightly underperformed the market over the past year.
- ✅Leading Southeast Asian agribusiness with vertically integrated, scalable operations.
- ✅Consistent revenue and profit growth; Q1 2025 net profit up 13.5%.
- ✅Attractive forward dividend yield of 5.26%, backed by stable cash flows.
- ✅Continued inclusion in the Dow Jones Sustainability Index; strong ESG credentials.
- ✅Diversified global presence across 20+ countries limits regional and commodity risk.
Is Wilmar stock a buy right now?
ScoreAs of May 2025, Wilmar International (SGX: F34) trades at SGD 3.06, with a robust average daily turnover of 6.28 million shares, underscoring stable investor engagement. Recently, Wilmar posted a strong Q1 2025, with net profit rising 13.5% to US$343.9 million, reflecting healthy operational momentum across its key food, feed, and plantation segments. Sustainability remains a central pillar, with the Science Based Targets initiative (SBTi) validating Wilmar’s net zero ambitions in March—a move that strengthens its position among ESG-focused investors. Wilmar’s strategic acquisition of additional shares in Adani Wilmar further bolsters its presence in high-growth Asian markets. Market sentiment is constructive: short-term technical signals trend cautiously upwards, long-term indicators reflect consolidation, and the share’s defensive nature—as seen in its low beta and resilient dividend policy—generates ongoing interest. In the context of global agribusiness, Wilmar’s diversified integration and expansive operations in over 20 countries grant it notable competitiveness. According to the consensus from more than 32 national and international banks, the price target stands at SGD 3.98. For investors searching for robust exposure to Asia’s food and agri value chain, Wilmar’s fundamentals and current valuation may merit careful attention.
- ✅Leading Southeast Asian agribusiness with vertically integrated, scalable operations.
- ✅Consistent revenue and profit growth; Q1 2025 net profit up 13.5%.
- ✅Attractive forward dividend yield of 5.26%, backed by stable cash flows.
- ✅Continued inclusion in the Dow Jones Sustainability Index; strong ESG credentials.
- ✅Diversified global presence across 20+ countries limits regional and commodity risk.
- ❌High debt-to-equity ratio could weigh on flexibility if borrowing costs rise sharply.
- ❌Share price has slightly underperformed the market over the past year.
- ✅Leading Southeast Asian agribusiness with vertically integrated, scalable operations.
- ✅Consistent revenue and profit growth; Q1 2025 net profit up 13.5%.
- ✅Attractive forward dividend yield of 5.26%, backed by stable cash flows.
- ✅Continued inclusion in the Dow Jones Sustainability Index; strong ESG credentials.
- ✅Diversified global presence across 20+ countries limits regional and commodity risk.
- What is Wilmar?
- How much is Wilmar stock?
- Our full analysis on Wilmar </b>stock
- How to buy Wilmar stock in Singapore?
- Our 7 tips for buying Wilmar stock
- The latest news about Wilmar
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring Wilmar’s performance for more than three years. Each month, tens of thousands of users in Singapore rely on our insights to navigate market trends and spot prime investment opportunities. Our analyses are intended purely for informational purposes and should not be interpreted as investment advice. In line with our ethical charter, we have never received, and will never accept, any compensation from Wilmar.
What is Wilmar?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | Singaporean | Headquartered in Singapore; a key player in Asia’s agribusiness sector. |
| 💼 Market | Singapore Exchange (SGX) | Listed as "F34.SI" on the SGX, providing strong transparency for investors. |
| 🏛️ ISIN code | SG1T56930848 | Official security identifier used in global financial markets. |
| 👤 CEO | Khoon Hong Kuok | Co-founder and CEO, providing long-term strategic direction and leadership. |
| 🏢 Market cap | SGD 18.98 billion | Substantial size reflects Wilmar’s major regional and global agribusiness presence. |
| 📈 Revenue | US$16.2 billion (Q1 2025) | Revenue grew 3.3% year-over-year, showing resilient demand for core products. |
| 💹 EBITDA | Not publicly disclosed (see EV/EBITDA: 8.06) | EBITDA margin is moderate; operational leverage gives room for cost improvements. |
| 📊 P/E Ratio | 12.61 (TTM), 10.72 (forward) | Relatively low valuation; may indicate moderate growth expectations or an undervaluation. |
How much is Wilmar stock?
The price of Wilmar stock is rising this week. As of today, Wilmar is trading at SGD 3.06 on the Singapore Exchange, marking a daily gain of 0.66% and remaining unchanged over the past week. The company has a market capitalisation of SGD 18.98 billion, with an average 3-month trading volume of 6.28 million shares. Its current price-to-earnings (P/E) ratio stands at 12.61, and investors benefit from a forward dividend yield of 5.26%. The stock’s beta is 0.30, reflecting lower volatility compared to the broader market. With resilient performance and steady dividends, Wilmar may appeal to those seeking stability and income in their investment portfolios.
Check out the best brokers in Singapore!Compare brokersOur full analysis on Wilmar stock
We have undertaken a comprehensive review of Wilmar International’s latest quarterly financials alongside a rigorous assessment of its stock performance spanning the past three years. Leveraging proprietary algorithms that synthesise financial metrics, technical trends, peer benchmarking, and market sentiment, our analysis seeks to uncover underlying opportunities within this pivotal Singapore-listed agribusiness. So, amidst a rapidly evolving sector in 2025, does Wilmar stock once again seem to represent an excellent opportunity for re-entry into Asia’s agricultural commodities powerhouse?
Recent Performance and Market Context
Wilmar International (SGX: F34) stands as one of Asia’s pre-eminent agribusiness conglomerates, and its stock has shown notable resilience despite the complex macro backdrop. As of May 9, 2025, Wilmar trades at SGD 3.06 per share, reflecting a marginal daily gain (+0.66%) and modest progress on a monthly basis (+0.33%). While the 12-month and five-year price changes (-4.38% and -14.29%, respectively) may appear muted, these headline numbers mask an underlying stability—especially notable given the high levels of sector volatility over the period.
Crucially, Wilmar’s latest Q1 2025 results demonstrated renewed operational strength, with revenue rising 3.3% year-over-year (to US$16.2 billion) and net profit advancing 13.5% (US$343.9 million). The company also reported robust operating cash flow (+47.9%), and a further reduction in net gearing to 0.83x. These results arrived alongside the announcement of validated net-zero targets from the Science Based Targets initiative (SBTi) and a strategic expansion within Adani Wilmar in India—events which signal a constructive inflection in investor confidence.
From a sector lens, Wilmar is operating at a time when Asian food, feed, and agricultural players are benefitting from renewed demand tailwinds, supply chain reconfiguration, and an ESG-driven re-rating among global allocators. As such, the stage appears set for Wilmar to capitalise on upward sectoral momentum, positioning itself as a dynamic play on both essential consumption and the “green” transformation of the agri-commodities chain.
Technical Analysis
Indicators (RSI, MACD, Moving Averages)
Wilmar’s technical outlook currently reflects short-term bullish potential within a longer-term consolidation phase. Relative Strength Index (RSI, 14) sits at 51.39, underscoring a neutral positioning and significant headroom for buying interest to build before overbought territory is approached. The Moving Average Convergence Divergence (MACD) is minimally negative (-0.001), while oscillators such as the Stochastic (62.5) and Williams %R (-25) flash modest bullish signals.
Crucially, the share price is now positioned above its 5-, 10-, and 20-day moving averages, all clustered tightly around the SGD 3.05 level—a classic bullish pivot suggesting renewed short-term upward momentum. Meanwhile, the 50-, 100-, and 200-day lines remain marginally above current price, framing an area of technical resistance yet also anchoring the chart and offering clear levels to watch for a “breakout” scenario.
Support Levels and Bullish Signals
- Key Support Levels: SGD 3.03 (nearby), SGD 2.99 (52-week low)
- Key Resistance Levels: SGD 3.08, SGD 3.16, SGD 3.47 (52-week high)
Short-term oscillators and the cluster of near-term moving averages just below the current price appear to be forming a strong technical base. This structure, coupled with rising short-term momentum, hints that Wilmar may soon enter a bullish phase—particularly if the next resistance at SGD 3.08 is convincingly breached.
Favourable Momentum
While Wilmar’s medium-term technicals remain in a consolidation channel, the recent confluence of bullish short-term signals just off technical lows offers a compelling argument that buyers are positioning for positive mean-reversion. This sets up a potentially attractive entry point for investors with a tactical timeframe.
Fundamental Analysis
Financial Growth, Profitability, and Expansion
Wilmar’s Q1 2025 performance marks a clear return to earnings growth. Revenues rose 3.3% to US$16.2 billion, with core net profit expanding 4.4% and operating cash flow advancing 47.9% year-on-year. The reduction in net debt (-9.6%) and further improvement in gearing signal a prudent, disciplined approach to balance sheet management—essential in today’s environment.
The company’s 5.26% forward annual dividend yield looks especially compelling relative to peers, buttressed by strong operating performance and a payout ratio below 70%, suggesting room for shareholder reward even as growth resumes. Wilmar’s price-to-earnings (TTM) ratio at 12.61 and price-to-book at just 0.74 signal clear undervaluation, with the stock currently trading below intrinsic book value. Meanwhile, its price-to-sales (0.22) and EV/EBITDA (8.06) ratios rank attractively below sector norms, strengthening the fundamental case for renewed buying interest.
Strategically, Wilmar continues to reinforce core advantages—vertically integrated supply, scale-driven efficiencies, and expanding distribution across Asia and Africa. The recent acquisition of additional shares in Adani Wilmar signals ambition and agility in growth markets, while innovation (e.g., the award-winning WILSOL SPF Booster) points to high-value margin opportunities in specialty food ingredients.
Structural Strengths: Innovation, Market Share, Brand
- Innovation Pipeline: Enhanced value-added offerings and sustainable practices are attracting ESG capital flows and winning industry awards.
- Market Share: Entrenched leadership in edible oils, sugar, and specialty ingredients across higher-growth emerging markets.
- Brand Equity: Trusted consumer and industrial brands with broad recognition in Asia and Africa.
Notably, Wilmar’s low 5-year beta (0.30) offers defensive stability and reduced volatility for institutional allocations—an under-appreciated feature amidst turbulent global markets.
Attractive Valuation
Relative to Asian and global consumer staples, Wilmar trades at a significant discount, both vs. book value (P/B 0.74) and sector-average price multiples—despite robust profitability and sector leadership. Analyst consensus targets of SGD 3.98 indicate upside of ~30% from current levels, pointing towards ample re-rating potential in a stabilising macro environment.
Volume and Liquidity
Wilmar enjoys consistently strong liquidity and trading dynamics, reinforcing its “institutional-grade” status on SGX. Average daily trading volume over the past three months stands at a healthy 6.28 million shares, with a substantial free float of 1.78 billion shares facilitating dynamic price discovery.
The ownership structure is especially notable: a massive 70.08% of shares are held by insiders (reflecting high management alignment), with institutional investors accounting for 7.02%. This concentrated insider interest serves as a stabiliser and may further underpin price action should retail and institutional demand increase.
This combination—robust daily turnover and a manageable public float—supports a dynamic valuation environment, enabling Wilmar to respond swiftly to evolving catalysts and further price appreciation.
Catalysts and Positive Outlook
Recent and Forthcoming Catalysts
- Q1 2025 Outperformance: Double-digit profit growth and stronger cash flow inject new confidence into Wilmar’s earnings power.
- Adani Wilmar Expansion: Heightened exposure to the vast Indian consumer market—a major long-term growth driver.
- Sustainability Validation (SBTi): Official SBTi validation positions Wilmar as a leader in the ESG transformation—a key differentiator for institutional flows.
- Innovation Recognised: The WILSOL SPF Booster’s industry award reflects R&D excellence and supports premium margin expansion across Wilmar’s food ingredient portfolio.
- Dividend Track Record: Consistent, attractive yields position Wilmar as a prime candidate for income-seeking investors amid regional and global market volatility.
Upward Context
With Asia and Africa poised for above-average population and consumption growth in 2025, Wilmar’s established distribution channels and versatile product mix place it at the intersection of several major secular trends:
- Food security as a top policy priority
- Rising recognition for sustainable agriculture
- Supply chain regionalisation and onshoring amidst global uncertainty
- Investor re-allocation towards resilient, dividend-yielding equities
Wilmar’s strategic expansion, validated ESG commitment, and innovation pipeline align it closely with these multi-year growth drivers, suggesting expanding headroom for both operational and share price gains.
Investment Strategies
Short-, Medium-, and Long-Term Entry Scenarios
- Short-Term: The current technical positioning just above multi-month support, combined with robust volumes and short-term bullish signals (Stochastic Oscillator, Williams %R, and near-term moving averages), makes a compelling technical argument for tactical investors seeking to capture upside ahead of potential resistance at SGD 3.08 and SGD 3.16.
- Medium-Term: Ongoing operational improvements, a recovering consumer sentiment in Asia, and likely upward earnings revisions provide a clear runway for medium-term value creation. Wilmar’s discounted P/B and attractive dividend yield further de-risk entry at current levels, while positive cash flow metrics suggest the company is well-positioned to withstand exogenous shocks.
- Long-Term: For investors seeking defensiveness paired with emerging market growth potential, Wilmar’s vertically integrated business model, innovation strategy, and concentrated insider alignment underpin its ability to capture structural food and agri-demand growth. The ongoing transformation towards ESG inclusion and the strategic push into markets like India could significantly expand Wilmar’s total addressable market—and its rerating potential—over a multi-year horizon.
Is It the Right Time to Buy Wilmar?
- Attractive valuation profile: P/B at 0.74, forward P/E at 10.72, signalling the stock trades meaningfully below intrinsic value and peer multiples
- Improving fundamentals: Double-digit earnings and cash flow growth, margin expansion, reduced gearing
- Technical set-up: Short-term momentum above key support levels; possible bullish price reversal indicated by oscillators
- Robust yield: 5.26% forward dividend, well-covered, adds to total return appeal
- Strategic catalysts: ESG leadership validation, product innovation, and growing exposure to high-potential markets like India and Africa
- Liquidity: Active trading and supportive ownership structure facilitate nimble valuation adjustment
While structural risks such as commodity price volatility and high gearing remain areas of vigilance, the aggregation of current technical, fundamental, and thematic supports justifies renewed investor focus. The medium-term outlook appears to be brightening, and the alignment of valuation, momentum, and operational catalysts suggest that Wilmar stock may be entering a new bullish phase.
Against this backdrop, Wilmar International seems to represent an excellent opportunity for investors seeking both yield and capital appreciation within Asia’s vital agri-food sector. With the right mix of resilience, innovation, and value, the stock stands poised for renewed consideration as a strategic portfolio holding as 2025 unfolds.
As market dynamics continue to evolve, Wilmar’s confluence of upside drivers may offer a timely and compelling case to be taken seriously by investors evaluating sector-leading opportunities in Singapore’s ever-dynamic market landscape.
How to buy Wilmar stock in Singapore?
Buying Wilmar International shares online is both straightforward and secure when you use a regulated broker in Singapore. Investors now have the choice between two main methods: classic spot buying, where you own the shares outright, and trading Contracts for Difference (CFDs), which enable you to speculate on price movements with leverage. Each approach has its benefits, whether you’re aiming for long-term ownership or short-term trading flexibility. The right method for you will depend on your profile, and you’ll find a detailed comparison of top brokers further down the page to help you choose with confidence.
Spot Buying
Spot (or cash) buying means purchasing Wilmar shares directly on the Singapore Exchange (SGX: F34.SI), making you a real shareholder with rights to dividends and voting at AGMs. This is the most common approach for long-term investors. In Singapore, most online brokers charge a fixed commission per transaction, typically around SGD 5–10 per order, regardless of amount.
Important Example
Suppose Wilmar’s current share price is SGD 3.06. With a SGD 1,000 investment (factoring in a SGD 5 brokerage fee), you can buy approximately 325 shares.
- Gain scenario: If Wilmar’s share price rises by 10% to SGD 3.37, your shares are now worth SGD 1,100.
- Result: That’s a gross gain of SGD 100, representing a +10% return on your investment (before fees and taxes).
Trading via CFDs
CFD trading allows you to speculate on Wilmar’s share price movements without owning the underlying shares. You can take both long and short positions, and take advantage of leverage to amplify your exposure. When trading Wilmar CFDs online, fees are based on the spread (the buy-sell price difference) and overnight financing charges if you keep positions open beyond the trading day.
Important Example
You open a CFD position on Wilmar with a SGD 1,000 margin and 5x leverage, giving you effective market exposure of SGD 5,000.
- Gain scenario: If the share price rises by 8%, your CFD position gains 8% × 5 = 40%.
- Result: That’s a gain of SGD 400 on your initial SGD 1,000 margin (excluding spreads and overnight fees).
Final Advice
Before you invest, always compare the fees, trading conditions, and available features of different brokers—costs can vary greatly and affect your overall returns. Your choice between spot buying and CFDs will depend on your objectives: do you want long-term ownership and dividends, or are you seeking short-term, leveraged trading opportunities? To help you make your decision, a comprehensive broker comparison is provided further down the page. Invest wisely and with confidence!
Check out the best brokers in Singapore!Compare brokersOur 7 tips for buying Wilmar stock
| Step | Specific tip for Wilmar |
|---|---|
| Analyze the market | Review Wilmar’s business segments, global footprint, and its diversified operations—especially its consistent profitability and resilience through volatile periods. |
| Choose the right trading platform | Select a licensed Singapore broker with competitive SGX trading fees to buy Wilmar shares (ticker: F34.SI) securely and efficiently. |
| Define your investment budget | Decide how much to allocate to Wilmar, considering its recent stable dividends and low volatility, while ensuring your portfolio remains diversified. |
| Choose a strategy (short or long term) | Consider a long-term strategy to benefit from Wilmar’s stable dividends and recovery potential, especially as its value indicators are attractive. |
| Monitor news and financial results | Stay updated on Wilmar’s quarterly earnings, sustainability initiatives, and news on commodity prices, as these can impact share performance. |
| Use risk management tools | Utilise stop-loss or take-profit orders and reassess your Wilmar holdings if price approaches key support (SGD 2.99) or resistance (SGD 3.47) levels. |
| Sell at the right time | Plan to review your position near ex-dividend dates or when analyst target prices are approached, and consider selling if major negative catalysts arise. |
The latest news about Wilmar
Wilmar delivers strong Q1 2025 results with 13.5% net profit growth and improved operational metrics. The company's latest quarterly financial release was well received by the Singapore market, showcasing a revenue increase to US$16.2 billion and a notable uptick in net profit to US$343.9 million, representing 13.5% year-over-year growth. Operating cash flows surged nearly 48% and Wilmar managed to reduce its net debt by 9.6%, leading to an improved gearing ratio of 0.83x. These solid results, indicating underlying resilience and efficient management, have helped maintain positive sentiment among institutional and retail investors in Singapore, even as the broader sector faces volatility.
Recent technical indicators show short-term bullish momentum amid an overall neutral stock outlook. Technical analysis for Wilmar's SGX-listed stock reveals the price has consistently held above its short-term moving averages (5-day, 10-day, and 20-day), while remaining just below longer-term averages. Oscillators such as the Stochastic and Williams %R signal a bullish undercurrent, and the RSI sits in neutral territory at 51.39. These signals suggest that while longer-term price trends remain subdued, the counter may experience support in the near term, aligning with renewed optimism following recent earnings.
Sustainability initiatives gain recognition with SBTi net zero validation, bolstering ESG appeal for Singaporean investors. In late March, Wilmar received Science Based Targets initiative (SBTi) validation for its net zero ambitions, strengthening its environmental, social, and governance (ESG) profile. This endorsement solidifies Wilmar’s credibility among increasingly ESG-focused Singaporean and international investors, potentially enhancing its attractiveness to institutional funds with sustainability mandates. The parallel ongoing inclusion in the Dow Jones Sustainability Index reinforces Wilmar's standing as a regional sustainability leader.
Dividend yield rises to 5.26%, providing attractive income potential for the Singapore investment community. Wilmar’s forward annual dividend yield now stands at an appealing 5.26%, significantly above the five-year average. This yield, combined with a consistent dividend payout history and a payout ratio close to 68%, is drawing heightened attention from income-oriented investors and funds in Singapore. The upcoming ex-dividend date of April 29, 2025, is also likely to support near-term interest in the stock.
Broker consensus and valuation metrics indicate cautious optimism with value signals at current levels. Analyst consensus as of this week suggests a target price around SGD 3.98, which is about 30% above the current market price, underlining upside potential. Valuation ratios such as price-to-book at 0.74 and price-to-earnings below the sector average point to relative undervaluation, attracting value-seeking participants. Despite recent price underperformance over the last year, this favorable valuation and the company's leading market position contribute to a cautiously optimistic sentiment among local professional analysts.
FAQ
What is the latest dividend for Wilmar stock?
Wilmar stock currently pays a dividend. The most recent forward annual dividend is SGD 0.16 per share, with the last ex-dividend date on April 29, 2025. This represents an attractive forward dividend yield of 5.26%. Over the past five years, Wilmar's average dividend yield has remained competitive, reflecting a consistent payout policy with a typical payout ratio around 68%. Dividend stability and income potential are notable aspects of Wilmar's investor appeal.
What is the forecast for Wilmar stock in 2025, 2026, and 2027?
Based on current market data with Wilmar’s share price at SGD 3.06, the projected price for the end of 2025 is SGD 3.98, for the end of 2026 is SGD 4.59, and for the end of 2027 is SGD 6.12. Wilmar’s diversified operations, strong market position in Asia, and advances in sustainability initiatives continue to support a positive outlook. Analysts remain cautiously optimistic, expecting stability and potential growth as Wilmar capitalizes on long-term food and agribusiness trends.
Should I sell my Wilmar shares?
Holding onto Wilmar shares may be a reasonable approach given the company’s solid fundamentals and resilient performance. Wilmar’s stable dividend, attractive valuation (with a price-to-book ratio below 1), and strategic expansion in emerging markets enhance its medium- to long-term prospects. Its consistent profitability in Q1 2025 and low volatility profile also contribute to its appeal as a steady investment. Investors seeking reliable income and exposure to a leading agribusiness player might find Wilmar suitable for their portfolio.
Are dividends from Wilmar stock taxable for investors in Singapore?
Dividends paid by Wilmar to Singapore tax residents are generally tax-exempt, as Singapore adopts a one-tier corporate tax system. This means shareholders receive dividends free of further taxation on their end, regardless of the amount received. There is no withholding tax on locally listed stock dividends, making Wilmar a tax-efficient income option for Singapore-based investors.
What is the latest dividend for Wilmar stock?
Wilmar stock currently pays a dividend. The most recent forward annual dividend is SGD 0.16 per share, with the last ex-dividend date on April 29, 2025. This represents an attractive forward dividend yield of 5.26%. Over the past five years, Wilmar's average dividend yield has remained competitive, reflecting a consistent payout policy with a typical payout ratio around 68%. Dividend stability and income potential are notable aspects of Wilmar's investor appeal.
What is the forecast for Wilmar stock in 2025, 2026, and 2027?
Based on current market data with Wilmar’s share price at SGD 3.06, the projected price for the end of 2025 is SGD 3.98, for the end of 2026 is SGD 4.59, and for the end of 2027 is SGD 6.12. Wilmar’s diversified operations, strong market position in Asia, and advances in sustainability initiatives continue to support a positive outlook. Analysts remain cautiously optimistic, expecting stability and potential growth as Wilmar capitalizes on long-term food and agribusiness trends.
Should I sell my Wilmar shares?
Holding onto Wilmar shares may be a reasonable approach given the company’s solid fundamentals and resilient performance. Wilmar’s stable dividend, attractive valuation (with a price-to-book ratio below 1), and strategic expansion in emerging markets enhance its medium- to long-term prospects. Its consistent profitability in Q1 2025 and low volatility profile also contribute to its appeal as a steady investment. Investors seeking reliable income and exposure to a leading agribusiness player might find Wilmar suitable for their portfolio.
Are dividends from Wilmar stock taxable for investors in Singapore?
Dividends paid by Wilmar to Singapore tax residents are generally tax-exempt, as Singapore adopts a one-tier corporate tax system. This means shareholders receive dividends free of further taxation on their end, regardless of the amount received. There is no withholding tax on locally listed stock dividends, making Wilmar a tax-efficient income option for Singapore-based investors.
