DBS Group (SGX: D05)
DBS needs no introduction as its presence is ubiquitous around Singapore. The largest bank by market capitalisation offers a wide range of services such as banking, insurance, and investments to its clientele. The lender has done well throughout the pandemic and recently made headlines when it reported its highest-ever net profit for 2023....Income investors are lucky to be able to access a wide range of dividend-paying stocks on the Singapore Stock Exchange.
The general belief is that dividend stocks do not exhibit much growth as the companies are paying out a large chunk of their earnings rather than reinvesting it.
Hence, many investors gun for either income stocks or growth stocks to fill their portfolios.
However, there are stocks out there that can offer an attractive mix of both growth and dividends.
Here are three Singapore blue-chip stocks that have demonstrated good growth while also dishing out dividends.
