With extra cash from bonuses, investors is able to go shopping for reliable dividend-paying stocks to boost your passive income. In this article, I will introduce my Chinese New Year wish list, 4 dividend stocks to give me fat fat ang bao this year and in future years too. Here are 4 dividend stocks in my Chinese New Year watchlist to give me more ang bao for 2024.

Sheng Siong

Sheng Siong started as a small provision shop in Ang Mo Kio and has grown to become one of Singapore’s top grocery retailers, with over 60 stores island-wide today.

The supermarket stores are primarily located in the heartlands of Singapore and are designed to provide customers with both “wet and dry” shopping options.

In its 3Q FY2023, Sheng Siong reported revenue increase by 3.7% to S$345.8 million while net profit increase by 5.7% to S$34.8 million. The company did...