Achieving financial freedom is a dream shared by many people. Financial freedom refers to a state where an individual no longer needs to work to earn money in order to meet daily living expenses. At this point, a person can choose how they spend their time—free from work hours, with more opportunities to be with family, pursue hobbies, or contribute to society.

Many individuals live under financial pressure due to bills, loans, and unexpected expenses. Financial freedom helps ease this mental burden because passive income or owned assets are sufficient to cover living costs.

So, how does one generate passive income without working? The answer lies in the returns generated by owned assets, one of which is dividends.

Dividends can serve as a passive income stream and are, in fact, one of the most popular strategies for achieving financial independence.

If you own shares in a company that regularly distributes dividends, you will receive periodic payments or cash dividends without having to take any further action.

But which stocks have delivered the highest average dividend yield over the past three years?

Based on CNBC Indonesia Research, there are 10 listed companies that have consistently paid relatively high average dividend yields over the past three years. With an investment of Rp1 billion, we can estimate the amount of dividends one might earn annually—enough to cover living expenses for a year without having to work.

Stocks with Average 3-Year Dividend Yields

With Rp1 billion in retirement capital, a person could earn a monthly income ranging from Rp11 million to Rp23 million. This range is considered adequate to support an average lifestyle in Jakarta.

According to the 2022 Household Expenditure Survey (SBH) by Statistics Indonesia (BPS), the average monthly household spending in Jakarta is around Rp14.8 million.