A series of polar silicones was synthesized in order to compare their dielectric properties. Different substituents with high dipole moment (epoxy, pyridyl, aldehyde, cyano-, nitroazobenzene) were attached by hydrosilylation to a poly(dimethyl-methylhydro)siloxane. Thiol-ene addition on a dimethyl-methylvinyl siloxane copolymer with similar composition was also used for chemical modifications with chloro- or carboxy- derivatives. This approach allowed comparison of properties with emphasis on dielectric behavior measured in liquid state, as a preliminary step in design and preparation of materials suitable for dielectric elastomers. Although a relatively low content of polar groups was used (8%), permittivity values of 5.4 and even 7.4 were achieved (at 10 kHz), either due to the large dipole moment or to the presence of important amounts of moisture. The water sorption capacity of the polar silicones was investigated by dynamic vapor sorption, while structural parameters of model molecules were calculated, in order to correlate the dielectric properties with the polarity/hydrophilicity of the substituents to the silicone chain. A combined effect of the calculated dipole moment, molar polarizability, molar volume, and the measured water sorption capacity on dielectric permittivity was observed.