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These 5 Blue-Chips Are Set to Report Their Earnings Next Month: Can They Raise Their Dividends?
By The Smart Investor  •  April 26, 2023
All eyes are on the crop of blue-chip stocks as they ready themselves for the earnings season. Investors will be curious to know how these billion-dollar companies are coping with the twin worries of high inflation and surging interest rates. As you scrutinise their financial numbers, you should keep a close watch on the net profits and free cash flow that each business generates. Many blue chips have a practice of raising their dividends to reward shareholders if they report a higher year on year net profit. For income-driven investors, such an announcement will be music to their ears. Let’s review five of these blue-chip names to determine if they have what it takes to increase their dividends. DBS Group (SGX: D05) DBS needs no introduction, being Singapore’s largest bank by market capitalisation. The lender has reported a stellar set of earnings for 2022 as higher interest rates helped to boost its net interest income....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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