Core Insights - The article explores the feasibility of retiring on dividend income in Singapore, emphasizing the importance of portfolio size, yield sustainability, and personal financial needs [1] Parkway Life REIT (SGX: C2PU) - Parkway Life REIT is one of Asia's largest healthcare REITs, known for its reliable dividend payments due to stable tenant cash flows and long leases [3][8] - The REIT's distribution per unit (DPU) has increased from S$0.0632 in 2007 to S$0.1492 in 2024, more than doubling over the years [4] - As of mid-2025, the trailing 12-month DPU is S$0.1503, resulting in a dividend yield of approximately 3.7% based on a unit price of S$4.05 [5] - The REIT maintains near-100% occupancy across its properties and has a long Weighted Average Lease to Expiry (WALE) of 14.68 years, providing steady rental income [6][7] - A healthy gearing ratio of 35.8% and 86% of interest rate exposure hedged contribute to its financial stability [7] Singapore Exchange (SGX: S68) - SGX operates as a market infrastructure business, generating recurring fee income and maintaining consistent profitability through market cycles [9] - The annual dividend payout for FY2025 is S$0.375 per share, with a trailing annual dividend yield of 2.2% [10] - SGX's diversified revenue streams include equities and derivatives, with net revenue from the equities-cash segment increasing by 18.7% YoY [11] - The company is expected to increase dividends by S$0.0025 quarterly from FY2026 to FY2028, subject to board approval [10] DBS Group Holdings (SGX: D05) - DBS Group is the largest bank in Singapore, reporting a net profit of S$2.9 billion for 3Q2025, despite macroeconomic challenges [13][14] - The bank's commercial book net interest income rose by 3% quarter on quarter, demonstrating resilience [14] - DBS has paid S$2.85 per share in dividends over the last 12 months, with a trailing annual dividend yield of 5.2% [15] - The bank also offers capital return dividends and special dividends, contributing to its appeal for retirees [16] Dividend Strategy for Retirement - A portfolio of S$600,000 split among the three stocks could yield an annual dividend income of S$22,200, assuming constant yields [17] - Shifting to higher-yielding stocks could increase annual dividends to S$30,000, highlighting the importance of diversification [18] - Sustainable dividend investing focuses on quality companies rather than merely chasing high yields, as demonstrated by the strong fundamentals of Parkway, SGX, and DBS [20]

Core Viewpoint - Enbridge Inc. demonstrates strong Q3 earnings, reinforcing a bullish outlook on the company as a dividend champion, despite operating in a mature midstream industry [1]. Financial Performance - Enbridge reported solid EBITDA growth, indicating robust financial health and operational efficiency [1]. Management Insights - The management provided insights into future growth strategies, which are expected to sustain the company's performance in the competitive landscape [1].

Group 1 - T-Mobile US, Inc. (TMUS) is outperforming its peers, particularly Verizon Communications Inc. (VZ), despite telecom stocks being perceived as bond-like investments by some investors [1] - The article emphasizes the importance of due diligence for investors, particularly those interested in dividend investing and building quality portfolios [1] - The author expresses a commitment to helping lower and middle-class workers build investment portfolios focused on high-quality, dividend-paying companies [1] Group 2 - The article does not provide specific financial data or performance metrics for T-Mobile or Verizon [2][3]

Core Viewpoint - Inflation is eroding purchasing power, making dividend stocks that grow payouts faster than inflation essential for investors in Singapore to preserve and enhance their purchasing power [1][16]. Group 1: Dividend Stocks Overview - Four Singapore dividend stocks identified as capable of outpacing inflation include Singapore Exchange (SGX), Parkway Life REIT, CapitaLand Integrated Commercial Trust (CICT), and Haw Par Corporation [2][16]. Group 2: Singapore Exchange (SGX) - SGX operates as a multi-asset exchange providing listing, trading, and clearing services across various markets, benefiting from a monopoly position in Singapore [3]. - SGX has consistently increased its dividend payout, with a five-year compound annual growth rate (CAGR) of 4%, from S$0.32 in FY2021 to S$0.375 in FY2025 [4]. - The dividend payout ratio has remained sustainable, ranging from 60.8% to 76.9%, supported by an 8.4% year-on-year growth in net profit from S$598 million to S$648 million in FY2025 [4]. - At a share price of S$16.82, SGX offers a dividend yield of 2.2% [5]. Group 3: Parkway Life REIT - Parkway Life REIT focuses on a diversified portfolio of healthcare and nursing home properties across multiple countries, delivering uninterrupted distribution per unit (DPU) growth since its 2007 listing [6]. - DPU has increased from S$0.0632 at IPO to S$0.1492 in FY2024, representing a 136% increase [6]. - For YTD 3Q2025, PLife REIT reported a DPU of S$0.1156, up 2.3% year-on-year [7]. - The portfolio's weighted average lease expiry (WALE) is 14.68 years, with a healthy gearing ratio of 35.8% [8]. - At a price of S$4.05, PLife REIT has a dividend yield of 3.7% [9]. Group 4: CapitaLand Integrated Commercial Trust (CICT) - CICT is Singapore's largest retail and commercial REIT, with a portfolio that includes retail malls and office towers, allowing for upward rent repricing [10]. - The portfolio occupancy rate is 96.3%, with retail and commercial occupancy rates at 98.6% and 94.6%, respectively [11]. - CICT's DPU has shown stability and growth, increasing from S$0.1058 in FY2022 to S$0.1088 in FY2024 [11]. - At S$2.32, CICT offers a dividend yield of 4.8% [12]. Group 5: Haw Par Corporation - Haw Par operates in healthcare, leisure, property, and investments, known for its Tiger Balm brand, generating stable recurring dividend income [13]. - From FY2020 to FY2024, the dividend per share increased from S$0.30 to S$1.40, with a sustainable payout ratio between 38.8% and 60.2% [14]. - In the latest financial year, 73% of earnings came from investments, with a dividend yield of 2.6% at a share price of S$15.49, excluding a special dividend [15]. Group 6: Investment Implications - With Singapore's inflation projected at 0.5% to 1.5% for 2025, these dividend growers provide meaningful real returns above inflation, making them essential for protecting purchasing power [16]. - Focusing on dividend growth rather than just yield is crucial for long-term inflation protection [17].

Group 1 - The article emphasizes the importance of a diversified portfolio consisting of both dividend and growth stocks, particularly focusing on European small-cap investments with a 5-7 year investment horizon [1] - The investment group European Small Cap Ideas provides exclusive access to actionable research on high-quality small-cap investment opportunities in Europe, aiming for capital gains and dividend income [1] - The group features two model portfolios: the European Small Cap Ideas portfolio and the European REIT Portfolio, along with weekly updates and educational content to enhance understanding of European investment opportunities [1]

Market Overview - The overall market has performed well this year, with the S&P 500 still up double digits despite a recent pullback, which is viewed as a healthy sign [1] Analyst Background - The contributing analyst is part of the iREIT+Hoya Capital investment group and focuses on dividend investing in quality blue-chip stocks, BDCs, and REITs, aiming to help lower and middle-class workers build investment portfolios of high-quality, dividend-paying companies [2] Investment Position - The analyst has a beneficial long position in the shares of MO and VZ, indicating a personal investment interest in these companies [3]

Core Viewpoint - The article highlights three undervalued stocks—AbbVie, Lockheed Martin, and PayPal—that offer growth potential and dividends, making them attractive investment options for long-term investors [2]. AbbVie - AbbVie is considered a strong investment due to its low valuation and significant growth opportunities, with a forward P/E ratio of just under 17 despite a trailing P/E over 100 [3][4]. - The company reported an 8% increase in revenue for the first nine months of the year, reaching $44.5 billion, with immunology drugs contributing nearly $22 billion and growing over 12% [4]. - AbbVie offers a dividend yield of 3.3%, enhancing the investment's value, and the stock has appreciated by 19% this year [6]. Lockheed Martin - Lockheed Martin is another appealing stock, trading at a forward P/E of 17, positioned to benefit from increased government spending on defense and aerospace [7][11]. - The company generated $54.7 billion in sales in the first nine months of 2025, reflecting a modest 4% year-over-year growth [11]. - Lockheed Martin provides a dividend yield of 2.8%, which is significantly higher than the S&P 500 average of 1.1% [11]. PayPal - PayPal is identified as the cheapest stock on the list, with a forward P/E of only 12 and a PEG ratio of less than 1, indicating strong long-term value [12]. - The company experienced a nearly 5% increase in net revenue to $24.5 billion and a 25% rise in net income to $3.8 billion during the first nine months of the year [15]. - PayPal has recently started paying a dividend, albeit with a low yield of 0.8%, which could contribute to overall returns [16].

Core Insights - The article emphasizes the author's commitment to providing honest assessments rather than clickbait titles [1] Group 1 - The author is a contributing analyst for the iREIT+Hoya Capital investment group, focusing on dividend investing in quality blue-chip stocks, BDCs, and REITs [2] - The investment strategy is centered on a buy-and-hold approach, prioritizing quality over quantity, with plans to supplement retirement income through dividends in the next 5-7 years [2] - The author aims to assist lower and middle-class workers in building investment portfolios of high-quality, dividend-paying companies to achieve financial independence [2]

Core Insights - VICI Properties has reported strong quarterly results, indicating robust business performance and announced a significant deal with Golden Entertainment that features attractive lease parameters [1] Company Performance - VICI Properties demonstrated solid quarterly results, reinforcing the strength of its business model [1] - The deal with Golden Entertainment is expected to provide solid economic benefits through favorable lease terms [1] Investment Strategy - The article emphasizes the importance of dividend investing as a pathway to financial freedom, highlighting its accessibility for investors [1]

Core Insights - VICI Properties has reported strong quarterly results, indicating robust business performance and announced a significant deal with Golden Entertainment that features attractive lease parameters [1] Company Performance - VICI Properties demonstrated solid quarterly results, reinforcing the strength of its business model [1] Strategic Developments - The deal with Golden Entertainment is expected to provide solid economic benefits through favorable lease terms [1]