Income investors are generally seeking to invest in stable companies that can sustain dividend payments over a long period of time. Moreover, they seek to acquire these companies at relatively attractive valuations. Here, one of the main criteria of an attractive valuation is to have a high dividend yield.
In other words, we are looking for stable blue-chip companies that have above-average market yields. Here, an above-average yield is one that is higher than the SPDR Straits Times Index ETF yield of 3.4%.
With that, let’s look at the two blue chips that meet the above description.
Disclaimer: This is not a sponsored post. Opinions expressed in the article should not be taken as investment advice. Please do your own due diligence.
Blue Chip 1: DBS Group Holdings LtdThe first company on our list is DBS Group Holdings Ltd (SGX: D05), the biggest among our local banks. DBS Group has been a
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