Blue chips are so named because they are established companies that offer stability and reliability.
Such dependability is a valuable trait as markets roil from the twin headwinds of high inflation and soaring interest rates.
Through it all, blue-chip stocks act as bastions of stability as they continue to churn out healthy profits and cash flows.
What’s more, all of them also pay out a dividend that will delight income-seeking investors.
Even while facing these challenges, several blue-chip stocks are seeing their business doing well.
Here are three that look well-positioned to pay out a higher dividend this year.
Genting Singapore Ltd (SGX: G13)
Genting Singapore is the owner and operator of the integrated resort (IR) at Resorts World Sentosa (RWS) in Singapore.
The IR boasts six hotels with more than 1,600 hotel rooms, a casino, a Universal Studios theme park, and one of the world’s largest aquariums – S.E.A. Aquarium....