Average Portfolio Yield Capital Required 3% S$1.20 million 4% S$900,000 5% S$720,000 6% S$600,000At first glance, the choice seems obvious: a portfolio yielding 6% requires only half the capital of one yielding 3%. While a high dividend yield can be tempting, it often reflects market concerns over future earnings that could lead to a dividend cut if profits drop. Income Starts with Quality BusinessesReliable dividend income usually starts with businesses that consistently generate profits and cash. For income investors, the relevant figure is the quarterly ordinary dividend of S$0.66 per share, plus S$0.15 in capital return dividends under its capital return programme. This translates to an annualised dividend yield of about 4.4% at a current share price of $74.45.