4.7% dividend yield is the final outcome after all the hardwork this year. Total dividend received in 2020 was 85% of 2019 amount – which is expected given this COVID year.

This is actually better than the 4.5% yield that I was expecting back in July when I wrote about it.

This outcome was helped by the 2.6% yield that I received in the first two quarters and some surprising new strength showed by the Reits in Q4, while dividend distribution literally collapsed when results were announced in Q3, which bore the full brunt of the COVID attack in Jan-Jun.

Hopefully what we saw in Q4 would be carried into 2021.

2020 Dividends Honors List

Bulk of the dividends was contributed by the local banks and Reits

Top of the list is #1 Hong Kong Land – Surprise, surprise! It successfully dethrones Singtel who had held this position for the last few years.