Dividend stocks investment is my strategy since Feb started raising interest rates from 2022.
Paid to wait is the key point.
Dividend investment has the advantage.
1. It provides investors with a regular income stream.
2. Investors can cushion the impact of stock price declines by reinvesting dividends.
3. Financially stable companies that have a track record can weather economic downturns better.
I opened new positions in SGX income stocks, each stocks just a hand, value 3300SGD (3300 is to cover minimum tiger charge).
Those company still insisted to pay constant dividend in high interest rates environment are good company, Olam, Netlink trust, Civmec, CSE global...
My stocks portfolio from year 2022, profits 7K, ROR -2%, dividend income offset capital loss.
Overall the portfolio was loss to the cash management fund, but it locked long term dividend income. I still believe that US Feb rate hikes is temporary action. Dividend income stocks value will go up against Fed rate cut.
Estimated that my portfolio dividend income was about 20K in 2024. It booked 9k dividend income by Q1 2024.
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