Shares & Derivatives
1 Solid Blue-Chip Company That Has Paid Dividends for 20 Years
By The Smart Investor  •  October 20, 2021
Singapore Exchange Limited (SGX: S68) or SGX has paid a dividend since its fiscal year 2001. I have owned its stock since 2018. SGX is in my personal portfolio for one key reason: its dividends. The stock exchange operator does have a long dividend track record. However, that alone does not mean that it will continue paying out a dividend as it has since 2001. Today, I would like to do a simple three-step dividend health check-up to see whether I can count on SGX to continue paying me in the coming years. Financial check #1: Operating revenue and net profits Revenue is the lifeblood of any company. Everything starts with the dollars coming through the doors of the company. SGX recorded solid sales growth between fiscal 2010 and fiscal 2021, as seen in the graph below. Source: TIKR Most of the top-line growth has flowed down to the bottom line....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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