Looking to invest in dividend-paying stocks in Singapore? Here are four stocks I plan to buy with S$10,000.
1. Singapore Telecommunications Limited (Singtel): Singtel is a leading telecommunications company in Singapore with a strong track record of paying dividends. With a diversified business portfolio and stable cash flows, Singtel is a reliable choice for dividend investors.
2. DBS Group Holdings Ltd: DBS is one of the largest banks in Singapore and has a solid reputation for consistent dividend payments. With a strong balance sheet and stable earnings, DBS is a great option for investors looking for steady income.
3. Singapore Exchange Limited (SGX): SGX operates the stock exchange in Singapore and has a monopoly in the market. As a key player in the financial industry, SGX is well-positioned to continue paying dividends to its shareholders.
4. CapitaLand Limited: CapitaLand is a real estate company with a diversified portfolio of properties in Singapore and overseas. With a focus on sustainable growth and strong cash flows, CapitaLand is a good choice for investors seeking dividend income.
By investing in these dividend-paying stocks, I aim to build a portfolio that generates passive income and grows my wealth over time. With S$10,000 to invest, these stocks offer attractive dividend yields and growth potential for the future.