Looking for stocks that pay higher dividends? We feature three Singapore blue-chip names that recently increased their dividends - DBS, OCBC and SGX.
What happened?
When it comes to investing, beginner investors feel more secure if they can find reputable, strong businesses with long track records.
Blue-chip companies have characteristics that fit this bill.
This category of stocks derives its name because of their large size and ability to weather different economic conditions.
The great news is that most blue-chip stocks also pay out a dividend, thereby providing the investor with a steady stream of passive income.
Earlier, we shared the best-performing Singapore blue-chip stocks in the first half of 2024.
We also looked at the blue-chip stocks that reported higher profits.
Since then, I have received questions about which are the Singapore blue-chip companies that raised their dividends when they released their recent earnings report.
Let us explore three stocks that paid out higher dividends to shareholders....