Nothing is more satisfying to an investor than seeing dividends flowing into his bank account. After all, this flow of passive income represents a real return on your investment that can be spent and utilised as you choose. Fortunately, there are plenty of stocks in the Singapore stock market that pay out dependable dividends. As an investor, you need to watch for businesses with a strong business moat and a healthy track record of profitability. Here are five stocks you can consider adding to your watchlist that pays out a consistent dividend. UMS Holdings Ltd (SGX: 558) UMS provides equipment manufacturing and engineering services to original equipment manufacturers (OEM) of semiconductors and related products. The group reported a stellar set of financial numbers for its fiscal 2021 (FY2021) earnings. Revenue surged by 65% year on year to S$271.2 million while net profit increased by 46% year on year to S$53.1 million....