Five major Singapore blue chips with quarterly dividends
This article will introduce you to five Singapore blue-chip stocks that pay quarterly dividends, and income investors will enjoy the regular dividends paid on these stocks。
Many investors choose to hold blue chips in their portfolios because these companies have strong brands and long track records that are stable cornerstones in the economic cycle.。In addition to these characteristics, most blue chips attract investors with stable and reliable dividends.。
Here are five Singapore blue chips that pay a quarterly dividend, giving investors passive income every three months。
DBS Group (SGX: D05)
DBS Group is one of the largest banks in Singapore, providing comprehensive financial services to individuals and businesses.。Its 2023 results show net interest income up 33% year-over-year and total revenue up 22% year-over-year, driven by rising global interest rates.。In line with the results, DBS announced a quarterly dividend of 0.S $54, up from 0.S $42。
Fengshu Logistics Trust (SGX:M44U)
Mapletree Logistics Trust is a logistics real estate investment trust with a portfolio of 187 properties in eight countries.。Its third-quarter fiscal 2024 revenue grew 2.1%, with a year-on-year increase of 1 per unit of dividend..2%。
Fengshu Industrial Trust (SGX: ME8U)
Mapletree Industrial Trust is an industrial real estate trust with a portfolio of 56 properties in the United States, Singapore and Japan.。Its revenue in the third quarter of fiscal 2024 increased by 2% year-over-year, with dividends per unit falling by 0% year-over-year..9%。
Singapore Technology Engineering Limited (SGX: S63)
Singapore Technologies Engineering Limited (STE), a technology and engineering group, posted net profit growth of 9% YoY in 2023..6%。Company Announces Distribution 0.04 Last quarterly dividend of S $。
Singapore Exchange Limited (SGX: S68)
Singapore Exchange Limited (SGX) is the only stock exchange operator in Singapore。Its revenue in the first half of fiscal 2024 increased by 3.6%, net profit fell 1% year-on-year。Group Announces Distribution 0.S $085 interim quarterly dividend, looking ahead plans to maintain single-digit year-on-year growth in dividends per share despite earnings growth。
By holding these stable and quarterly dividend-paying blue chips, investors can enjoy a stable passive income while enhancing their portfolio returns。
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