When I first started looking into passive income, I thought I needed an army of stocks to bridge the structural payment gaps on the Singapore Exchange. Most local blue-chips pay out semi-annually, possibly leaving dry spells in your bank account for months at a time.
I have four high-conviction assets that could help us completely conquer the calendar and receive dividends every month of the year.
DBS Group Holdings
- Sector Exposure: Financial Services / Corporate & Retail Banking.
- Earnings Quality: Highly resilient, cash-rich fundamental performance. In a sticky, elevated interest rate environment, DBS commands strong Net Interest Margins (NIM) alongside robust non-interest wealth management fees. Management provides excellent forward visibility regarding shareholder capital returns. This clear capital management policy makes their earnings highly predictable and secure.
- Yield Profile: Compelling dividend yield of more than 5% at current prices for the current FY. Distributed quarterly, it provides heavy cash injections in April, May, August, and November.
Singapore Exchange Limited
- Sector Exposure: Capital Markets / Financial Infrastructure.
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