2022 promises to be a better year with economies slowly recovering amid the reopening of borders.
Amid this improvement, many businesses are poised to enjoy stronger demand for their goods and services.
It’s good news for investors as this demand will translate to higher revenue and profits for these companies.
And with higher profits, the probability of a dividend boost also increases.
An increase in dividends will be music to an income-focused investor as this means he or she will enjoy a higher stream of passive income.
Here are five blue-chip stocks that could raise their dividends this year.
Venture Corporation Limited (SGX: V03)
Venture Corporation is a provider of technology products, services and solutions.
It manages a product portfolio of more than 5,000 products and solutions and hires over 12,000 employees worldwide.
For the first nine months of 2021 (9M2021), Venture reported that revenue inched up 0.8% year on year to S$2.2 billion....