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3 Singapore Blue-Chip Stocks Paying Out Consistent Dividends
By Beansprout  •  March 13, 2024
We look at the share price performance of three Singapore blue-chip companies that have a history of paying out consistent dividends. What happened? The REIT sector has been under pressure in the past two years because of the sharp hike in interest rates. As a result, we were only able to find a few REITs that managed to raise their dividends in 2023. This turbulence has pushed many investors to seek out strong, stable stocks that act as buffers for their portfolios. Blue-chip stocks qualify as suitable anchors to help to stabilise a portfolio’s performance. These stocks are known for their long track record, strong brand franchise, and experience in dealing with different economic conditions. As a bonus, some blue-chip stocks also dish out a consistent dividend. Earlier, we shared a list of three Singapore blue-chip stocks that have a track record of paying out consistent dividends to shareholders. This would include ST EngineeringVenture Corp and Singapore Exchange (SGX)....
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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.
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