A trait income investors look out for is whether a company’s dividends have increased consistently over the long run. One such firm that has been helping investors grow their passive income is Micro-Mechanics (Holdings) Ltd (SGX: 5DD), which is involved in the semiconductor industry. The company’s dividends have climbed at a compound annual growth rate (CAGR) of around 17% from its financial year ended 30 June 2003 (FY2003) to FY2021. In this article, let’s explore Micro-Mechanics from a dividend investor’s perspective, looking at its dividend yield, dividend history, and dividend sustainability. We will also look at why the company has the potential to increase its dividends further for many years to come. Source: Giphy Micro-Mechanics Dividend Yield Micro-Mechanics last closed at S$3.21 per share on Friday. At that share price, it has a trailing dividend yield of 4.4% (including special dividends, a regular feature since FY2015). In comparison, the SPDR STI ETF (SGX: ES3) had a lower yield of 2.6% on the same day....