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5 Singapore Stocks Giving Out Dividends in June
By The Smart Investor  •  May 30, 2023
Dividends are an attractive form of passive income that can help to supplement your earned income and provide a financial cushion during your retirement years. What’s more, unlike rental income from owning investment properties, dividends are not taxed as they are already taxed at the corporate level. Happily, the Singapore stock market has a plethora of dividend-paying choices for income-seeking investors. These range from dependable REITs and reliable blue-chip stocks to fast-growing companies. We feature five stocks that are doling out dividends in June that you may be interested to add to your buy watchlist. iFAST Corporation Limited (SGX: AIY) iFAST is a financial technology company that operates a platform for the buying and selling of unit trusts, stocks, and bonds. The group released its fiscal 2023’s first quarter (1Q 2023) earnings late last month. Revenue slipped by 2% year on year to S$51.4 million while net profit plunged 48.1% year on year to S$3 million....
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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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