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Dividend investors favour companies that increase their dividends on a consistent basis. On that note, let’s look at two blue-chip companies of the Straits Times Index (SGX: ^STI) that have increased their dividends for the 2018 financial year.
Blue-chip #1: Comfort DelGro
ComfortDelGro Corporation Ltd (SGX: C52) is the first company to be featured. ComfortDelGro is one of the largest land transport companies in the world with operations in several countries, including Singapore.
In 2018, the company raised its total dividend by