iFAST Corporation Limited (SGX: AIY)
iFAST is a financial technology company that operates a platform for the buying and selling of unit trusts, equities, and bonds. The group reported a stellar set of results for the first quarter of 2024 (1Q 2024). Total revenue for 1Q 2024 jumped 59.4% year on year to S$86 million while operating profit leapt more than fourfold year on year from S$4 million to S$18.5 million....Income investors are always looking for solid, dependable dividend stocks.
These are businesses that generate consistent free cash flow and are willing to pay out a portion of it as dividends to their shareholders.
It is even better if a company can grow its dividends over time as its revenue, profits and cash flow increase.
By doing so, you can compound your dividends and achieve a stream of growing passive income to better prepare yourself for retirement.
Here are four Singapore stocks that could be poised to increase their dividend payouts.
