The total dividends that I have collected in the year 2022 is S$14,468.78. This is an increase of 16.67% or S$2,067.27 as compared to the amount of S$12,401.51 that I have collected in the year 2021.
Nothing has changed since I started investing in stocks. I am a dividend stock investor which means I buy stocks that pays dividends. In 2022, I took the opportunity when U.S. Technology stock crashes to build a small growth stock portfolio.
In my opinion, buying stocks that simply pays dividends is not good enough. You need to do more homework such as evaluating multiple criteria to ascertain the company you are buying is a good dividend stock.
Below are my criteria that I watch out for when screening for dividend paying stocks.
a) Pay out dividends at least 5.0% or more.
b) Able to grow its dividend payout year on year (y-o-y).
c) Increase its share price over time.
d) Consistent payout in dividends in the past 5 years.
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