It’s a wonderful feeling to receive a dividend.
This seemingly effortless receipt of cash is made possible by investing in businesses that generate consistent free cash flow.
The good news is that it’s not tough to find a company that pays out a dividend.
What’s tougher is locating one that has paid out an unbroken string of dividends over the last 10 years.
Only several blue-chip companies, REITs and smaller businesses can boast of this impressive achievement.
Here are five Singapore stocks that can proudly proclaim that they’ve been paying dividends for a decade or more.
CapitaLand Integrated Commercial Trust (SGX: C38U)
CapitaLand Integrated Commercial Trust, or CICT, is the largest REIT on the Singapore stock exchange.
It was formed from the merger of CapitaLand Mall Trust and CapitaLand Commercial Trust in November 2020.
CICT’s portfolio includes 22 properties in Singapore and two in Frankfurt, Germany worth around S$22.3 billion as of 31 December 2020....
