Singapore Post (SGX: S08)
Singapore Post, or SingPost, is a postal and e-commerce logistics provider in the Asia Pacific region. The group provides national and international postal services along with fulfilment and international freight forwarding to customers in more than 220 global locations. Revenue for its fiscal 2024 (FY2024) ending 31 March 2024 dipped by nearly 10% year on year to S$1.7 billion mainly due to a decline in sea freight revenue....Income investors invest in stocks that pay out regular and dependable dividends.
Luckily, there is a wide variety of stocks on the Singapore Exchange that dish out dividends.
These dividends serve as a useful source of passive income that you can rely on during retirement.
What’s even more attractive are stocks that can steadily increase their dividends as their business grows and thrives.
Here are four Singapore stocks that recently upped their dividends and can provide income investors with an increased source of passive income.