portfolio progression

Dividend by mth.
1) hupsteel
2) plife
3) namlee
4) taisin
5) steng singre hwahong
6) tcil plife
7) engro
8) sats stamland
9) steng singre plife
10) tcil
11) ngil taisin plife
12) sats

Progression from previous portfolio

1) leemetal sold as deemed higher risk than accepted.
2) plife bought in january- recession proof healthcare biz. Nil rights decade history. 4 x distribution a year with ascending trend
3) engro bought in january - meets other criteria (undervalued, cash rich debt little company, yearly dividend without fail, pays at same time of year etc)  n fills up july dividend gap.

Thus portfolio progessed to one which has dividends payout every mth except april. Had wanted to add M1 for april dividend income but price run up too fast, now pe20.

Lets see if I am able to add something at a meaningful price and at a meaningful quantity to produce dividend for April.

Features of current portfolio

1) Improves and increases cash flow, in terms of amount and frequency

2) Removes fear to a greater extent, since most of the above companies pay dividends at those times of the year, or around those times of the year, for the past 10 years. When crisis hits, the assurance of receiving dividends every month is there.

3) Downtime, add more units for same dividend. Uptime, add less. Overall effect is still more units with consequent greater dividends received over time.



p.s.

I realised that taisin paying in april. so every mth is fixed.

The late realisation is probably too many counters to keep an accurate track. And taisin pays in March the previous years.