The bread in your breakfast desk, the curry puff you seize on the MRT station, the dental check-up you schedule each six months.
These on a regular basis necessities are extra than simply line objects in your month-to-month price range; they’re the engines driving a number of established corporations listed proper right here on the Singapore Change (SGX: S68).
For the income-focused investor, the attraction of those “boring” companies is obvious.
We use them no matter whether or not the Straits Instances Index (SGX: ^STI) is up or down.
Nonetheless, the true problem is figuring out whether or not these acquainted family names can truly ship a dependable stream of passive earnings.
To seek out the reply, we have now to look previous the model and dive into the stability sheet.
When income face stress – as they just lately have for the three corporations beneath – it’s the money reserve, not the advertising price range, that ensures your dividend cheque stays within the mail….
