SG | What Should You Know Before Trading High Dividend Stocks (Singapore Version)
@MaverickWealthBuilder:
Singapore collect no capital gains tax, which means if you sell an asset, such as stocks or property, at a profit, you will not be required to pay any tax on the gain. How about dividend received?Why Dividend Matters?A dividend is the return payment that you receive for your investment in a company (as a shareholder) or a fund, It is paid out of a company’s profits and the amount you receive depends on the proportion of shares you hold in such company.Listed companies fulfill their obligations and regularly or irregularly give back to shareholders. Shareholders receive corresponding returns from the earnings of listed companies and use dividends to enrich their interests, it is a better than nothing.Some dividends have a fixed yield, such as preferred stocks dividends. For most common stoc