![]() If you’re looking for a strong, stable REIT to invest in, CapitaLand Integrated Commercial Trust, or CICT, could be worth a look. CapitaLand Integrated Commercial Trust (SGX: C38U) The bank has fortified its balance sheet and recognised provisions above regulatory requirements for prudence’s sake. The group declared an interim dividend of S$0.18 per share, bringing the full-year dividend to S$0.87.įor context, 2020’s dividend was lower than the S$1.23 declared in 2019 as the Monetary Authority of Singapore had called on banks to moderate their dividend payments in light of the pandemic.ĬEO Piyush Gupta observed that the latest economic data points to a strong economic rebound this year. Provisions for bad loans were increased more than four-fold in anticipation of some borrowers facing difficulties in servicing their debts.Īs a result, net profit declined by 26% year on year to S$4.7 billion. Total revenue remained flat year on year at S$14.6 billion while profit before allowances inched up 2% year on year to S$8.4 billion. ![]() The lender has weathered the COVID-19 pandemic admirably and demonstrated its resilience in the face of tough macroeconomic challenges.įor its fiscal year 2020 (FY2020) earnings, DBS reported a good set of numbers despite the crisis. The group is the largest of the three local banks here and offers a comprehensive range of banking and investment services for individuals and corporations. DBS Group Holdings Ltd (SGX: D05)ĭBS probably needs no introduction, being Singapore’s bellwether local bank. Here are three blue-chip stocks that are perfect for kick-starting your investment journey. Once you have established your starter portfolio, you can then move on to looking at other types of companies. These companies have a long track record of performance and have been through multiple crises. ![]() New investors will normally gravitate towards larger, blue-chip names for their first investments. Luckily, many Singapore-listed stocks offer a sweet combination of the two. ![]() You may prefer to pursue growth or income investing, or perhaps settle for a balance of both. ![]()
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