It’s a great feeling to own stocks that pay out dividends.
This stream of passive income not only enriches your wallet but also acts as a great buffer in case of a recession.
It’s even better if these businesses can raise their dividends over time, such that your flow of income also rises in tandem.
There are two main methods that companies rely on for growth.
One is through organic means – building a new factory or producing an additional product line or brand extension.
The other is through acquisitions of companies or assets.
We look at four Singapore stocks that recently conducted acquisitions to grow their dividends for this year.
Ascendas REIT (SGX: A17U)
Ascendas REIT, or A-REIT, is one of the oldest industrial REITs in Singapore.
It has a total asset value of S$16.4 billion as of 31 March 2022 that is split across four regions – Singapore, Australia, the US and the UK....