Dividend by month
1) singtel
2) fcot sgx starhillg fct sphreit cmt fortune capitaretail capitacom mit suntec
3) spost taisin nam lee
5) fcot steng sgx uob sph starhillg fct sphreit cmt cdg hcg Singre teckwah mit sci suntec bumi hlf ums
6) tcil ocbc
7) singpost ums
8) fcot singtel plife suntec ocbc starhillg sci steng fct singpost sphreit cmt ock fortune capitacom siaen mit sats uob cdg sci
9) hlf teckwah bumi singre capitaretail
10) sgx ums tcil
11) fcot taisin sgx spost starhillg fct cmt siaen mit suntec
12) sph ksh ock sats netlink ums
Remarks:
Added more cdg sia and three banks.
As expected (see previous post), taisin continued to slide.. Market is taking a while to correct downwards and reflecting the similar bearish view of eventual eps drop and dividend cut. the last straw would be seeing the real result. of course, i could be totally wrong on this, as market is proven time and again to spring surprises to investors, big and small. if taisin were a billion dollar blue chip, i might just hold on. but its not, and safety first.
Fortune reit released a very good set of results yesterday. both nav and dividend rise as expected. and as expected, this counter continued to rise upwards against the broader market weakness.
tan chong went down with the profit guidance result. this counter is for long, so its not unexpected that those with short horizon and weaker holders to bail out. as time goes, this gets even more undervalued.
I would be eagerly waiting for the blue chips counters to report their results in the coming weeks.
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.
This is all season, all market condition investment strategy, and works for all investors of all ages as well.
This is all season, all market condition investment strategy, and works for all investors of all ages as well.
How do you get to the dividend page in cdp? I cant see a view like that when im in my cdp portfolio view.
ReplyDeletelogin to SGX CDP page.
ReplyDeletego to transaction history
then click on payouts
Hi Paul,
ReplyDeleteI am a regular reader of your blog. I would like to build a dividend portfolio just like you. I have faced some issues here:
1) Bought Stock A at $1, it went down to $0.9 bought another batch. Now stock A is $0.98 and seem stagnant. Ave purchased price 0.95 . now in the money. To sell make 3% or to wait for dividend a year maybe 4-5%. Since I intend to keep for dividends rightfully I should keep, but the dilemma is always there is a chance that it may dropped back to 0.9? How do you overcome this thought process?
2) Stock B bought at $1, as the sector is suffering from a slow down, the price went to $0.60. Paper loss of 40%. Bought 0.6. Ave price $0.8. Now price is 0.68 still way below the average pruchased price. Dividend has been cut due to slow down in industry. To wait or to cut. what is your thought process? have you encounter such situation?
Hope to hear from you.
Thank you very much.
Warm regards,
JB
Hi, thanks for your qn
ReplyDelete1) if stock A is a stock u know will last for the next 10-20years or more, ie something like singpost which also around the price u give, my reply is don't tell. no need to sell. it will rebound one day. in the meantime, just collect the dividends and use it to add more of that counter or another counter.
in my case, it usually won't affect me too much, as i hold some 20-30 counters. so in any case, this individual counter drop won't affect my entire portfolio too much.
2) stock b. would ask the same qn. can u see the end of this counter? is it a counter at danger of going bust? i give an example based on ur price, if its like ums and/or qaf, cut some dividends is fine, but to omit dividends, i will exit, as this usually implies serious cash flow problems. but i will watch it more closely. and it depends also what proportion of this counter occupies your portfolio. if its a lot, and it affects u, maybe should trim a little to reduce stress and improve sleep. if it just occupies <5%, maybe can watch and take your time to decide.