Bao Jiak !
Most of the Year 2022 dividends have been collected so is a good time to reflect. Since embarking dividend strategy 9 years ago, the strategy has slowly accumulated into a strong foundation to the portfolio cash flow.
The portfolio is make up of Reits, Trusts, Bank, Transport, Basic Essentials and Growth stocks. With Reits usually more than 50%. And Growth stocks hardly provide any dividends.
The Logic of Bao Jiak
Year 2022 Annual Dividend Received $69,222. A large jump from last year due to a small dip in Year 2021 as capital gains prioritized before ex-dividend. On Cumulative Logic the dividend received crossed half a million dollar mark. This is expected as is just Maths. Bao Jiak !
The Portfolio Dividend Growth Rate using XIRR is 9.1% whereas average growth per year 14%. Contrast it to average dividend yield of 5.5% in current market stocks. So getting compounding logic...