4 Dividend-Paying Blue-Chip Stocks That Reported Higher Profits

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These stocks could be a good starting point for a beginner investor.

These companies are aptly named because they have a strong growth track record and have built up a great reputation.With the earnings season just over, we compiled a list of four dividend-paying blue-chip companies that posted higher year on year net profits.Singapore Technologies Engineering Ltd

A final dividend of S$0.10 per share was declared, bringing the FY2021 dividend to S$0.15, unchanged from a year ago. YZJ’s order book stood at US$8.5 billion as of 31 December 2021 for a total of 157 vessels and is the group’s highest level of orders since FY2015.Wilmar International Limited However, soybean crushing margins may be affected by high soybean prices and poor hog farming margins in China.Venture Corporation is a provider of technology products, services and solutions.Revenue for FY2021 inched up 3.1% year on year to S$3.1 billion while net profit increased by 5% year on year to S$312.1 million.At a share price of S$17.53, Venture’s shares offer a trailing dividend yield of 4.3%.

 

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