Genting Singapore (SGX: G09)
Genting Singapore owns the Resorts World Sentosa (RWS) integrated resort (IR). RWS has world-class attractions such as a casino, Universal Studios Singapore (USS), eight unique luxury hotels, and a host of dining and retail outlets. The blue-chip IR operator...Dividends are a great form of passive income.
Not only can they help to supplement your earned income, but they also represent a tangible return on your investment.
The good news is that many profitable companies pay out a dividend to reward their shareholders.
However, of late, the twin headwinds of high inflation and surging interest rates have dented profits and cash flows for a wide swath of businesses.
Yet, there is a small group of companies that defied the odds to not only post better results but have also significantly raised their dividend payments.
We showcase three such stocks that have hiked their dividends by 50% or more.
