A select group of US companies are well-known for paying out dividends over many decades.
The popular stocks include Coca-Cola (NYSE: KO) and Procter and Gamble (NYSE: PG).
Coca-Cola has increased its dividend over six decades while Procter and Gamble has done so for 66 consecutive years.
The problem, of course, is that Singapore income investors need to cough up a 30% withholding tax on dividends received from US companies.
This is where Singapore stocks shine by being able to pay a higher dividend yield compared to its US counterparts.
Back home, you’d be surprised to know that several companies have a long history of paying out dividends through good times and bad.
While Singapore is a young nation compared to the US, the city state is home to businesses that have remained resilient through booms and busts, all while churning out a steady stream of passive income for investors....