DIVIDEND AND PORTFOLIO UPDATE AUGUST 2020

So far in my many years of investing, this is the toughest period. Not sure how long more it will last, maybe 1 more year, 2 years. And the economic impact and the time to recover might take longer. The recent SATS results, the management estimated that the recovery might take up to 2024. That's a long time more, 4 years! 

Lot of unprecedented events, lots of companies such as HSBC and Malaysian banks etc which never skipped dividends previously, now not paying. And a lot of others are reducing their dividends. Many of these are not lousy companies which are not making money or on the brink of collapse, but are stellar blue chips like the banks, both in singapore and overseas. 

And in US, stock markets have recovered to almost the same as precovid levels. Incredible by itself when we see that the covid infection rates are still very high there. And billionaires becoming richer and richer. The richest man in the world now worth us$200B. It sounds tempting to join in the bandwagon. I mean, it wasn't long ago when his wealth was us$100b and it took such short time to double. It could well double again in say less than 5 years. For most of us, it seems so arduous and time consuming to double their money and some people are making billions just like that!

However i recalled the dot com bubble which happened decades ago. I read about it and it made lots of people lose a lot of money. Sure, it made them rich before they lost it all again. The richest man even if he loses 99% of his wealth, is still worth us$2B. Not the same for the man in the street and myself included. 

Crisis makes me re read my books again and this story was illuminated as I read along

So is this time really different? I don’t know for sure, but I suspect not so. 

I suspect it might also seem “to be different” around the year 2000 also, that’s when Nasdaq was almost 5k.

And market crashed shortly. It took 15yrs to re reach that level again

In other words, those who moved into tech in late 1990s to 2000 and failed to get out of the market most likely saw themselves facing massive paper losses and it took 15yrs to get back at that level again. 

Maybe some can manage to get it at 4500 points and get out at 5000. How they know? I don’t know. But I know I can’t for sure.

For me i don’t have much experience with tech stocks and the risks seem high for my circumstance. Maybe it really can make money faster. However, at my age, I think I would forgo quick gains and still focus on what i do best and know best ie dividends and reinvesting them. I think there’s a good chance of dividends returning to previous levels once the companies profit returns and the economy recovers. 

 Coming weeks cash coming in ...

26/8 GE
27/8 suntec
28/8 CMT CRCT SGR
2/9 Plife STE
3/9 HSB. Hysan
8/9 Luk Fook
9/9 WW ZL HLF
10/9 Teckwah*
11/9 LPI
15/9 CLP goldlion
16/9 CHsong TaiC Singre lung kee
17/9 kerry* CKH
23/9 TCIL
25/9 Panamy
27/9 Litrak*
28/9 CRCT
29/9 Hanglung
30/9 Carlsberg
1/10 Petronas
2/10 MB*. BOCHK*
5/10 DBS
7/10 OCBC
9/10 SGX
10/10 UOB
17/10 HKL*
21/10 MIT*
26/10 HKBJ*
30/10 AeonCHK* HSB*
2/11 FLT*
6/11 CIMB*
11/11 SGX*
13/11 Taisin
12/11 Heineken
22/11 SIAE*
26/11 NLT*
28/11 ksh* Suntec*
29/11 FCT* SGR*
6/12 MIT*
7/12 Sinoland
11/12 Sats* ZL*
12/12 GPI*
13/12 CLP*
16/12 FLT*
17/12 OCK*
18/12 PG*
20/12 sph*
24/12 WW*

* means approx date based on last year

Congrats all who owns the above counters and other counters paying out soon !


Dividend by month

1) singtel Panasonic tai Cheung  Chen Hsong holdings Takaful carlsberg
2) sgx  plife starhillg fct sphreit cmt  capitacom mit suntec hsbank lian beng nam lee singpost LPI capital
3)   taisin  hsbank petronas capitaretail pbb clp zhulian hysan SHK
4) hsbc dbs cimb
5) steng plife sgx  uob sph starhillg fct sphreit cmt cdg hcg Singre teckwah mit sci suntec  hlf ocbc ge ckh carlsberg heinkein
6)  netlink hsbank maybank petronas Kc dbs hkland FLT clp zhulian Lung kee goldlion
7) singpost  tcil hsbc bochk aeon creditHK hk Beijing enterprises carlsberg
8) singtel  suntec ocbc  starhill sci kc steng fct singpost sphreit cmt ock  capitacom  siaen mit sats uob cdg sci ksh gpi dbs LPI capital
9) plife  hlf teckwah singre capitaretail  petronas hsbank ge hsbc ckh pbb clp wantwantchina Panasonic tai Cheung zhulian Chen Hsong holdings lung kee goldlion hysan luifook
10) sgx tcil lian beng hkland hsbc  maybank bochk aeon creditHK hkbeijing enterprise SHK carlsberg heinkein
11) taisin sgx spost plife starhillg fct cmt siaen mit suntec dbs netlink hsbc cimb
12) sph ksh ock sats  ksh gpi  petronas FLT CLP wantwantchina zhulian luifook

@   dividend paying might change a bit cos agm dates shifted due to covid 19.



Remarks:

Added more banks. Added more dividend payors : malaysian breweries and more hk dividend stocks



Still much the same strategy during covid market downs as during normal times

- adding weekly
- doubling or even more during huge market downs

(all investments involves risks, including total capital losses and even getting in debt. please invest at your own risk)