Recent headlines seem to suggest that an economic storm may be imminent.
Hence, it’s not surprising that investors are hunkering down to weather a potential recession.
If you’re looking for an effective way to breeze through this crisis, you can consider adding dividend-paying stocks.
Dividends not only represent a tangible return on your investment but also imply that the business behind the stock is performing well enough to dole out cash to its shareholders.
And if you’ve just received your bonus recently, it’s also a great time to park some of that money in resilient, well-managed dividend stocks.
Here are four dividend-paying stocks that I may consider allocating money to if I had S$30,000 to spare.
Food Empire Holdings Limited (SGX: F03)
Food Empire manufactures instant beverage products as well as frozen convenience and snack foods branded under proprietary brands MacCoffee, Café PHO, and Hillway.
The group’s products are sold in over 50 countries such as Russia, Ukraine...