There’s nothing more comforting than receiving a dividend in your bank account.
Not only does it represent cold, hard cash that you can use as you wish, but it’s also a tangible return on your investment that is not dictated by volatile share prices.
Dividends have the added advantage of being a passive source of income.
“Passive” means that you don’t need to work to obtain this flow of cash and can just sit back and relax as these dividend stocks pay you to own them.
As a bonus, Singapore’s tax authorities do not tax dividend income; compare this to rental income from owning an investment property that is subject to taxation.
If you are an income-seeking investor, you’ll probably want to know which stocks can pay you dividends well into your retirement.
Here are four dividend stocks that you can buy and hold for the rest of your life....