It is the time of the year that our domestic index Exchange Traded Fund (ETF), theState Street SPDRStraits Times Index (STI) ETF declares its first of two dividend payouts for the year 2020.
STI ETF Dividend Payout
Ex-date for dividend payout is10 February 2020 (Monday)so take note if you’re going to be making any transactions soon.The dividend distribution will be payable on24 February 2020.Feb 2020Dividends :SGD $0.056(1.74% yield based on $3.21 price)Aug 2019 Dividends : SGD $0.064 (1.99% yield based on $3.21 price)Combining this payout and the last payout, STI ETF dividend total of $0.12 presents a total yield of 3.73%.Although the performance of STI ETF has lagged relative to the global market, the dividends continues to provide me with much needed passive income.Vanguard Total World Stock ETF (VT) went on a crazy run last year.My index portfolio which included STI ETF and SSBs was a little muted in comparison....