3 Singapore Blue-Chip Stocks That Recently Raised Dividends by 33% (And Much More!)

Three Straits Times Index (^SGX: STI) blue-chip stocks raised their payouts in the same reporting season. Net profit rose a more modest 7.8% YoY to S$698.4 million, weighed down by a S$53.4 million goodwill impairment on Scientific Beta and weaker investment gains. Stripping these out, adjusted net profit surged 24.6% to S$759.5 million. Adjusted net profit outpaced reported earnings growth, showing that core operating momentum easily supported the core payout expansion. That profit growth traces to a single line.