Time flies, and the next earnings season is fast approaching. Several REITs will start reporting their earnings and business updates by the end of this month, followed by the blue-chip stocks in early May. Income investors will be eagerly scrutinising the slew of results to see which companies have declared dividends. What’s even better is if these stocks can increase their dividends so that these income investors enjoy a larger stream of passive income. We highlight four Singapore stocks that could be the next in line to increase their dividends.

Boustead Singapore Limited (SGX: F9D)

Boustead Singapore Limited, or BSL, is a conglomerate with four key divisions – energy-related engineering, real estate, geospatial technology, and healthcare. The group has undertaken projects in 93 countries and territories globally. BSL reported a sparkling set of earnings for its first half of fiscal 2024 (1H FY2024) ending 30 September 2023. Revenue jumped 49% year on year to S$367.9 million with gross profit...