Here Are 3 Stocks That Have Paid Dividends Consistently For 20 Years

I think it’s reasonable to assume that income investors would like to invest in stocks that are able to sustain or raise their dividends in the future.

But, no one can accurately predict what’s going to happen next – and this makes it hard to estimate what a company’s dividends could look like in the years ahead. One way to help clear up some of the uncertainty would be to study a company’s track record in paying a dividend.

The past 20 years have seen the financial markets being placed under severe stress on numerous occasions. At home in Singapore and the region, we have instances such as the 1997 Asian Financial Crisis. On a more global scale, there is the dot-com bubble of the late 1990s and early 2000s as well as the 2007-09 financial crisis.

A company that is able to pay an annual dividend without fail in the last 20 years, despite having to contend with the aforementioned turmoil, would thus have a business that has been stable and sustainable in the past. That can be a good starting point for further research.

In Singapore’s stock market, it can be rare to find companies with such a track record. Here are three companies that have been paying an annual dividend over their last 20 completed fiscal years:

It’s interesting to note how the trio are in diverse businesses. Keppel Corp is a property development and marine engineering conglomerate. Singtel is Singapore’s largest telecommunications services provider. As for Vicom, it provides inspection and testing services for vehicles as well as companies that engage in a wide range of business activities, such as oil & gas, aerospace, construction, and more.

This goes to show how a company with an ability to pay dividends over the long haul can be found in many different places.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Lawrence Nga doesn’t own shares in any companies mentioned.