It’s no secret that dividend stocks are a favourite among Singaporeans.
And for good reason.
A key reason is dividends received are tax-free.
As such, dividend stocks can form a solid source of passive income that supports you when you choose to retire.
For myself, I have been deploying my spare cash into dividend-paying businesses over the years to build up my passive income flow.
You can, as well.
By being disciplined and in adding money into dividend-paying stocks such as REITs, you too can slowly grow your passive income into a sizable amount over time.
Here are four attractive Singapore dividend stocks that I plan to buy if I had S$20,000 of spare cash.
iFAST Corporation Limited (SGX: AIY)
iFAST is a financial technology (fintech) company that runs a platform for the buying and selling of unit trusts, equities and bonds.
The group has a presence in five countries, namely Singapore, Malaysia, Hong Kong, India, and China....