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....