News Formal

4 Singapore blue-chip winning stocks to boost dividends this earnings season

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

If you're looking for stocks to invest in, here are 4 SG blue-chip winners that have increased dividends

SINGAPORE: This earnings season, investors closely monitor Singapore’s blue-chip winning stocks for their stability and reliable dividends.

The company’s portfolio occupancy rate improved to 91.9%, up from 91.4% the previous quarter, while the average rental reversion for renewals was a positive 9.2%.Revenue increased by 3.1% YoY to S$1.2 billion, while net profit rose by 4.7% YoY to S$597.9 million. SGX raised its quarterly dividend from S$0.085 to S$0.09, making the annualised dividend S$0.36, up from S$0.34 the previous year.

SGX’s management is optimistic about future growth, targeting a 6% to 8% annual increase in revenue over the medium term. The exchange plans to achieve this through initiatives to strengthen the equities market and enhance regional connectivity by forging ASEAN partnerships and collaborations.OCBC, Singapore’s second-largest bank, posted strong results for the first half of 2024 . Net interest income grew 3% YoY to S$4.9 billion, and total income rose 7% YoY to S$7.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 2. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Singapore Theatre Company returns to Singapore Repertory Theatre name after contentious rebrandTheatremakers who objected to the name change in February welcome SRT's latest announcement.
Källa: The Straits Times - 🏆 8. / 63 Läs mer »

Why Singapore firms are entering the German market, and how Enterprise Singapore is helping themEnterprise Singapore, which champions internationalisation, said it has seen a spike in companies exploring opportunities in Europe post-pandemic.
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »

MAS sets up review group to boost the development of Singapore's stock marketNew listings on the Singapore Exchange (SGX) have been dwindling, and there has been a steady stream of delistings over the years.
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »

Stock market rout worsens in Asia: Singapore share index sinks 4.6%, Japan dives 12%Fears the US could be heading for recession sent investors rushing from risk assets.
Källa: straits_times - 🏆 5. / 69 Läs mer »