Haw Par Corporation (SGX: H02)
Haw Par is a conglomerate with four key divisions – healthcare, leisure, property, and investments. The group’s healthcare division manufactures, sells, and distributes the famous Tiger Balm brand of ointments and salves....Income investors focus on the dividends paid out by the companies they invest in.
This stream of passive income helps to supplement their earned income and can also be used for retirement.
However, with inflation rearing its ugly head, it’s not enough to just receive dividends – these dividends have to increase in line with inflation.
The great news is that stocks usually enjoy share price appreciation when they pay out higher dividends, as the business generates higher profitability to allow them to do so.
Investors will end up enjoying the best of both worlds when investing in such stocks, thus boosting their overall returns.
Here are four Singapore dividend gems that have steadily increased their dividends over the years.
