VICOM Ltd (SGX: WJP)
VICOM is a leading provider of inspection and technical testing services. The group offers a comprehensive range of vehicle and non-vehicle inspection and testing services covering fields such as mechanical, civil engineering, biochemical, and non-destructive testing. VICOM reported a steady set of earnings for 2023 with revenue rising 3.3% year on year to S$111.9 million. ...Singapore’s Central Provident Fund (CPF) system is effective in helping to save up for retirement.
However, the CPF Ordinary Account (OA), which can be used for housing and education, has an interest rate of just 2.5%.
As a result, savers may choose to invest their CPF OA monies through the CPF Investment Account (CPFIA) to enjoy better returns that can beat inflation.
But with the CPF OA, you will want to park your money in safe stocks that allow you to enjoy a good night’s sleep.
Here are five worry-free stocks you can include in your CPFIA portfolio that also pay out steady dividends.
