OCBC Ltd (SGX: O39)
OCBC is Singapore’s second-largest bank by market capitalisation and provides a comprehensive range of banking, investment, and insurance services to both individuals and corporations. The lender reported a stellar set of earnings for the third quarter of 2023 (3Q 2023) as higher interest rates boosted its net interest income. For the first nine months of 2023 (9M 2023), total income rose 24% year on year to S$10.2 billion on the back of a 35% year-on-year jump in net interest income to S$7.2 billion....Blue-chip stocks are well-known for their track record of braving through good times and bad.
Most of these stocks also dish out a dividend, giving you a source of passive income that can see you through your retirement.
Despite being large companies with billion-dollar market capitalisations, blue-chip stocks still have room to grow further.
We shine the spotlight on four blue-chip stocks that provide an attractive mix of both growth and dividends.