5 Singapore Blue-Chip Stocks Paying Out Dividends in May
By The Smart Investor  •  May 5, 2023
With the annual general meeting season over last month, it’s no surprise that shareholders have approved the payment of dividends for companies that declared them. Dividends represent a tangible return on your investment and also constitute a passive income stream that can supplement your retirement. In particular, blue-chip stocks are well-known for paying out dividends and have also earned a reputation for being sturdy businesses that can weather economic storms. Income-seeking investors should scour through the blue-chip space to identify good stocks to accumulate based on their recent earnings and dividend declarations. We present five Singapore blue-chip stocks that are slated to pay out dividends this month. Singapore Exchange Limited (SGX: S68) Singapore Exchange Limited, or SGX, is Singapore’s sole stock exchange operator. The group maintains a platform for the buying and selling of securities such as equities, fixed income, and derivatives. For SGX’s fiscal 2023’s first half (1H FY2023) ending 31 December 2022, revenue rose 10% year on year to S$571 million....
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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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