I received a summary report from sgx on my dividends received for 2018.
Total received is 6,750.
This is on a sum of 146,600 that I have invested in stocks, considering the entry prices of the stocks. Works out to be a yield of 4.6%
My goal is to earn a passive income of 36,000. I am still short of approximately 30k.
Assuming that I can save 40k a year and gets a dividend of 1600 a year. in ten years time, I would have an additional 16000. I would reach my goal in 19 years.
