Receiving a dividend is great.
But a rising dividend is even better.
During times of stock market turbulence, blue-chip stocks tend to attract more attention..
These solid companies have seen their fair share of market volatility and braved multiple economic crises.
Armed with significant experience under their belt, management is well aware of how to navigate any headwinds or challenges ahead.
The great thing about blue-chip stocks is that all of them also pay out a dividend to boot.
This flow of passive income allows you to enjoy a steady cash inflow into your bank account.
Last year saw several blue-chip stocks report impressive financial results despite the headwinds.
Here are four of them that demonstrate good potential for raising their dividends this year.
DBS Group (SGX: D05)
Singapore’s largest bank by market capitalisation needs no introduction.
The group is riding on the tailwind of higher interest rates to report a significant jump in net interest income (NII)....