With the first quarter of 2023 closed, I will be updating what I expect dividend yield should be as we move into 2023Q2. Keep in mind though that my current assessment is my best estimation of what is going to happen over the next few months. It is possible for another black swan event to happen.

The key event in 2023Q1 is the start of banks experiencing liquidity issues. There is some expectation that we may see more bank runs going into 2023Q2 as there should be banks that are meeting the minimum capital requirements without sufficient buffer, but not yet exposed in the first quarter of 2023. Should the situation take a turn for the worse, interest rates and share prices may experience an increase in volatility.

Singapore Savings Bond

Investors should thus plan ahead to look at the longer term yields. I would thus