Shares & Derivatives
This Singapore Stock Has Paid Dividends for 17 Consecutive Years: Should You Buy?
By The Smart Investor  •  October 28, 2021
Finding companies that pay consistent dividends over the years isn’t easy. A multitude of factors such as the economic climate, competition and bad management can lead to businesses eliminating their dividends to conserve cash. Last week, we featured one companySingapore Exchange Limited (SGX: S68), that has paid dividends without a pause for two whole decades. Engineering conglomerate Boustead Singapore Limited (SGX: F9D), or BSL, is another company with a long track record of consistent dividend payments. The 193-year old company is one of the oldest in Singapore and was started by Englishman Edward Boustead. I have owned BSL for 15 years and always look forward to the twice-yearly dividend payments that come into my bank account. That said, investing is about the future and not the past. Does BSL still qualify as an attractive investment? A 17-year dividend streak BSL has chalked up an enviable record of 17 consecutive years of dividend payments....
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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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