Dividend Update : 4th Qtr 2016
|image credit to Izquotes.com|
Finally, all the financial result for my holding been announced and I’m expecting to collect this dividend amount in 4th Qtr 2016.
Total dividend to be collected in 4th Qtr will be $ 39,345.39
***TTL Dividend excluded Return of Capital from Sim Lian ( due to privatization ) and Religare Health Trust ( on partial asset disposal ).
Another good stock in my portfolio is going to be privatized soon ( ARA Asset Management ), I hope to pen down my thoughts about the issue on “privatization of listed company“ in the next blogs post.
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Did you see the trend ?
Yes, the total dividend is in a decreasing trend since 2nd Qtr 2016, of course, the higher dividend in 2nd Qtr 2016 partly due to exceptional distribution on a tax refund from Accordia GT which only give 2.45 cts in this Qtr as compared to 2nd Qtr of 4.31 cts , and most of the blue-chip ( e/g DBS/ OCBB/ Keppel Corp / Sembcorp Ind /ST Eng was also given out dividends on 2nd Qtr 2016, which amounts to approx. $12k )
One important note is that most of the REIT/ Biz Trust are also paying a lesser dividend as compared to 2nd Qtr and we may see this trend to continue in the coming quarters. I guess it will be a similar trend for most of the blue-chip and conglomerate as they will need to preserve more cash or “deleveraging “ under such uncertain economic situation.
As a retiree, do you have any concern in facing the situation of a decreasing trend in the dividend received ? or any plan B? As mentioned in my previous blog post ( here ), one will really need to do the "stress test" on level of dividend decrease we could take it, in order to maintain current lifestyle or any alternative sources of income to cushion off such loss of income in the dividend received.
Quote Of The Day
“A stock dividend is something tangible — it’s not an earnings projection; it’s something solid, in hand. A stock dividend is a true return on the investment. Everything else is hope and speculation.”
Really solid dividend for Q4 there. Didnt know you own so much of Accordia!!! I guess its close to about 300 lots yah? :)
You are a good inspiration ;)
Yah ! Accordia is the 2nd largest holding in my portfolio ,,,, of course we do understand and need to recognize that it has many challenges & issues like " land title " and depending on weather for better utilization rate , decreasing demographic trend on younger population,,,,some are structure and some are strategic & long term ,,,,but as John M Keynes said " ..... in the long run we are all dead...." ,,, anyway ,,, investment is also about risk and diversification,, I always cap my exposure on any particular stock.
I hope we are right ,,, hahaha. :-)
Nice dividend. Let me guess, total portfolio around 2.4M?
Hi Bro Yaruzi,ReplyDelete
Good guess !! Hahaha :-) ,,,,, I have noticed you have been accumulating more dividend stock in past two weeks ,,,, including " Heineken " ,,, formerly called " Guinness Anchor Bhd """ I used to own this stock before,,,, good dividend stocks ,,, same as BJToto , Dutch Lady BHD, Nestle ,BAT Malaysia ,,,,
Sedikit- sedikit, lama lama jadi bukit!
Haha, what happened next with the Malaysia dividend stocks?Delete
I sold all my holding before converting my citizenship in 2008..Delete
That was really lucky for me as I gave me rare opportunity to buy cheap REIT which gave double digit yield at that time..
You seem to be very well diversified. Capped 3-5% per counter in your overall portfolio? Given your level of dividends, your lifestyle can be very elaborate. Haha.
To me, i live a simple lifestyle not because i want to save money only, but because i don't need to spend much money to be very happy. It all begin with mindfulness :)
Hi Frugal Daddy,Delete
Yah ! I'm a bit " kia shu " in constructing my portfolio. :-)
You are right, money and happiness seems doesn't have correlation. .up to certain level. .money may give us more stress. .buying memory and spending time with family will definitely giving us more happiness! Yah!" Mind " and not "Money " determine our happiness. .
STE : Very inspiring numbers there... Looking forward to more flying color numbers from 2017 and beyond.ReplyDelete
Have a great weekend!
Thanks for the comments. .yah. Let's hope 2017 will be better year for all of us 😆😆
U too..enjoy your weekend. ..I'm back to my home town. .as school holidays start. .👏👏👍👍
thank you for sharing. I am very inspire by your blog.ReplyDelete
Thanks for visiting my blog and glad to know that u find it interesting. .
Is your portfolio comprise of Reits only?Delete
Yah, mainly REIT and Biz Trust. ..about 70% ...also have Telco and Bank. ..some conglomerate like ST Eng, Keppel Corp, Sembcorp Ind. .
Hi STE, Very inspired by your story. I started investing about 3 years ago and have build up a portfolio of Reits counters and SPH. My total dividends collected is $16k and my goal is to achieve $30k for my retirement stream of passive income.Delete
Glad to know that your are on right track to achieve $30k of passive income....slowly but steady
Happy investing...have passion n patience in our investing journ6..
Hi STE, Looking forward to your thoughts about the issue on “privatization of listed company“ especially the recent buy out with Sim Lian and ARAReplyDelete
Thanks for visiting my blog , yah ! I will try to write something about this issues , but more will be on pro and con from retail investor's point of view and not on the valuation and offer itself .
This blog has detailed information about stocks.Thanks for sharing.ReplyDelete
Thanks for the comments !
Not sure if this is the right place to ask your opinion on something,
Just wanted to hear your opinion on choosing between a 800k EC on non mature estate such as Choa chu kang, or 550k BTO (no grant) on mature estate such as clementi/queenstown
So sorry , I'm not so familiar with real estate investment leh ...I think is quite personal in that sense that such as location you like and your financial commitment level you are comfortable with,,, guess is better to ask "expert " on this field or financial adviser .. :-)
Accordia is biggest pie in your portfolio?ReplyDelete
Hi Sweet Retirement ,Delete
My biggest holding should be " First Reit " and follow by Accordia then Fraser Comm ...biggest dividend for this quarter came from Accordia since it is being paid semiannual while First Reit is quarterly ...
Thanks for your reply, can you share with us how did you started? For a small time investment like us (maybe ~10k-50k portfolio) is it worth it to diversify? while incurring a high transaction cost.
Hi Jawnzy ,Delete
Sorry for late reply as I am juts coming back from Family Cruise to Phuket ... yah ,, I also started with very small amount ,,, after graduating from University 19 years ago ... just keep buying and collecting the dividend ... and invest more during crisis time..
For a small portfolio ,,, it may be not wise to have very diversify portfolio ,,, may start with 4-5 counters and increase gradually .. just my 2 cents.
Cheers !! :)
Woah! haha its always inspirational to be knowing that someone's got there from where you wanna be. Thanks for paving the way for me! Anyway I love First Reits too!ReplyDelete
What is your take on RHT health anyway?
Yah...i also like First Reit very much and has keeping for long time ....as for RHT ...i just have small portion in my pirtfolio ...after giving out the 20 over cts if capital distribution...i m quite surprise that the price stil hovering around 86-87 cts ...i am quite skeptical about the future distribution if they could maintain at yield of more than 8.5% ...just my own opinion..
REITs are like perpetual bonds. Their share price may come down if interest rate rises in next few years.ReplyDelete
You may want to add some banks into your portfolio. Banks do well when interest rate goes higher. It acts as a natural hedge to your portfolio.
Hi Financial Journalist,Delete
Thanks for the comments and good suggestion! Although i sold mt DBS recently but still holding some OCBC and UOB ...yah ..intent to add more bank stocks while the counters dipped some time ..