I love free things and you most likely do too. Most of us, on a month-to-month basis would surely incur these 3 expenses. Let me know if you don’t as I would like to know what planet you live in. (Living with parents is not counted)
- Phone & Broadband
- Groceries
- Electricity
Now flip it. What if a basket of SGX
dividend payers quietly covered those bills for you instead? I ran the maths on 3 companies most of us already deal with every week and results are oddly satisfying. They are also a sneaky lesson in why your yield, not the size of your bill, decides how rich you need to be to pull this off.
- Singtel (SGX: Z74): Phone & Broadband`
The number: about 5,200 shares.
The capital: about $22,900.
Say your mobile plus home broadband runs you $80 a month.
That’s $960 a year. Singtel pays roughly $0.185 per share for FY26, a yield near 4.2%.
Divide $960 by S$0.185 and you land at around 5,200 shares....
