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4 Singapore Blue-Chip Stocks That Raised Their Dividends Over the Past 3 Years
By The Smart Investor  •  October 14, 2024
Although the pandemic is now behind us, many businesses had to struggle through those tough years as the world literally shut down. Hence, it’s no surprise that most companies saw their profits and cash flows plunge during those dark days. In many cases, dividends were either slashed or eliminated as these businesses strived to conserve cash. There was, however, a small group of blue-chip stalwarts that managed to post three consecutive years of dividend increases. We highlight four of these resilient stocks that you may wish to include in your buy watchlist.

DBS Group (SGX: D05)

DBS needs no introduction, being the largest bank in Singapore by market capitalisation. The lender not only provides a comprehensive range of banking and investment services but has also demonstrated resilience during the pandemic years. In 2020, the Monetary Authority of Singapore (MAS) mandated that all banks reduce their dividend payouts to 60% of the preceding year....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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