Dividend by month
1) singtel
2) fcot sgx starhillg fct sphreit cmt fortune capitaretail capitacom mit suntec
3) spost taisin lippo nam lee netlink
5) fcot steng sgx uob sph starhillg fct sphreit cmt cdg hcg lippo Singre teckwah mit sci suntec
6) tcil ocbc
7) singpost
8) fcot singtel plife suntec ocbc starhillg sci steng fct singpost sphreit cmt lippo singre ock fortune capitaretail capitacom teckwah siaen mit sats
9) uob tcil cdg netlink sci
10) sgx
11) fcot taisin sgx spost starhillg fct cmt lippo siaen mit suntec
12) sph ksh ock sats
Remarks:
bought sats, added more sgx, suntec, sph, singtel.
took up scrip from hotel grand.
from january sti dropped from a high of around 3550 to a low of around 3250 in june. This represents drop of some 8.5% so far. Where market is heading, no one know. I see a lot of analysts painting quite a bearish view at this point in time. during the same period, my portfolio dropped about 3%.
this suggest that having a lot of good dividend counters in the portfolio would out perform market and this is not the same as buying index. similarly, when markets is pushed up by a strong bull, i would probably not expect my portfolio to go up by the same percentage due to the lack of growth counters in my portfolio.
Overall,
nothing fanciful and nothing new: dividends received will be used to reinvest in the same counters and/or the counters which are about to pay dividends soon.
No further input is necessary. Portfolio creates the income every month and gets reinvested. One reinvestment move means one more continuous stream of income in the future.
Counters get rebalanced periodically as and when the opportunities arise.
Market up or down doesn't matter too much, in fact is not a bad thing after all. Dividends provided new cash flow as compounding and dollar cost average tool.
1) singtel
2) fcot sgx starhillg fct sphreit cmt fortune capitaretail capitacom mit suntec
3) spost taisin lippo nam lee netlink
5) fcot steng sgx uob sph starhillg fct sphreit cmt cdg hcg lippo Singre teckwah mit sci suntec
6) tcil ocbc
7) singpost
8) fcot singtel plife suntec ocbc starhillg sci steng fct singpost sphreit cmt lippo singre ock fortune capitaretail capitacom teckwah siaen mit sats
9) uob tcil cdg netlink sci
10) sgx
11) fcot taisin sgx spost starhillg fct cmt lippo siaen mit suntec
12) sph ksh ock sats
Remarks:
bought sats, added more sgx, suntec, sph, singtel.
took up scrip from hotel grand.
from january sti dropped from a high of around 3550 to a low of around 3250 in june. This represents drop of some 8.5% so far. Where market is heading, no one know. I see a lot of analysts painting quite a bearish view at this point in time. during the same period, my portfolio dropped about 3%.
this suggest that having a lot of good dividend counters in the portfolio would out perform market and this is not the same as buying index. similarly, when markets is pushed up by a strong bull, i would probably not expect my portfolio to go up by the same percentage due to the lack of growth counters in my portfolio.
Overall,
nothing fanciful and nothing new: dividends received will be used to reinvest in the same counters and/or the counters which are about to pay dividends soon.
No further input is necessary. Portfolio creates the income every month and gets reinvested. One reinvestment move means one more continuous stream of income in the future.
Counters get rebalanced periodically as and when the opportunities arise.
Market up or down doesn't matter too much, in fact is not a bad thing after all. Dividends provided new cash flow as compounding and dollar cost average tool.
HI Paul, nice add on to SGX, Singtel, SPH. I'm not a bit fan of REITs but can't help noticing that Starhill has dropped to a rather attractive level, unless there is something not right that I am not aware of. Would you consider adding on to that as well? Thanks.
ReplyDeletehi Monet, yes, starhill has been dropping. have added it around 70c level some months ago.
ReplyDeletethe price drop is due to broad market weakness and its inability to maintain its dpu.
the attractiveness is that its assets are more global than it used to be many years ago and that its significant discount to book value.
might consider adding some in time to come.
what are you views on its dropping dpu?
thanks.
What is a good price to enter SATS?
ReplyDeletepersonally, i think at the current dividend level, below 5 is a good price. its very comforting to see the dividends increasing every year.
Deletein my case, i had quite a fair bit of it bought twice and sold twice.
bought 3 and sold 4
then bought 4.6 sold 5.2
realised that i should just held on. less stress. just collect dividends.
Thanks, now it is around 4.9. Will wait a bit and then go in.
DeleteHi Paul, I haven't really been following it, but just have it in my watchlist since some time back. Have seen a couple of brokerages setting their TP around 60c+ level though. Current yield is around 7.6%. Assuming that there is a drop in DPU, I reckon the yield will prob fall to around 6% level at current prices. All in all, my personal opinion is that this is a rather diversified and safe REIT to hold. Other REITs that I am looking at include Lippo and Sabana, but these will probably be a bit more risky comparatively I guess.
ReplyDeletethanks for the reply. yes, i agree with that view.
Deletethe diversification and strong sponser are comforting points.