The total dividends that I have collected in the year 2020 is
S$15,532.60. This is an increase of 47.26% or S$4,985.20 as compared to the amount of S$10,547.40 that I have collected in the
year 2019. This year, I probably struck the jackpot as the sudden increase in dividends collected was due to a special dividend payout by
Convenience Retail Asia.
What is Dividend Investing?
If you have followed my blog long enough, you have probably read that I am a dividend investor. This means that I buy stocks such as REITs that consistently pay dividends. Reinvesting the collected dividends further compounds the amount collected.
I consider a stock to be an excellent dividend stock if
a) Able to grow its dividend payout year on year (y-o-y)
b) Increase its share price due to investor’s confidence in the stock
c) Consistent payout in dividends
d) Pay special dividends time to time...