’s always a good feeling when dividends make their way into your bank account.
As investors, we should constantly be on the lookout for strong, study companies that pay out consistent dividends.
The news gets even better if the dividends rise over time, allowing you to enjoy higher levels of passive income.
And if you take these dividends and reinvest them in the same companies that paid them out, you can slowly grow your wealth through compounding.
Increasing your flow of dividend income can also better prepare you for retirement.
Here are four Singapore stocks that raised their dividends recently, and are signalling higher payouts for the rest of this year.
NetLink NBN Trust (SGX: CJLU)
NetLink NBN Trust designs, builds, owns and operates Singapore’s Next-Generation Nationwide Broadband Network (NBN) with coverage to both residential and non-residential premises on the island.
For the fiscal year 2022 (FY2022) ended 31 March 2022, the group’s revenue inched up 2.5% year on year to S$377.6 million....