The earnings season has almost ended this round as May draws to a close. Many companies have reported weaker financial numbers as they grapple with the twin challenges of high inflation and surging interest rates. As profits dipped, some have also reduced their dividends in tandem. During tough times, it’s good to lean on reliable blue-chip stocks that have weathered many a storm. This round, several blue-chip stocks also managed to defy the odds and post an increase in their dividend payments. We highlight three of these companies and assess if they can continue to raise their dividend payments moving forward. Singtel (SGX: Z74) Singtel is no stranger to most, being Singapore’s largest telecommunication company (telco). The group recently reported a commendable set of earnings for its fiscal 2023 (FY2023) ending 31 March 2023. Underlying revenue inched up 1.9% year on year while underlying net profit (excluding exceptional items) rose 6.8% year on year to S$2.1 billion....