December 2010 Dividends Portfolio Update

No.	Stock	Lots	Dividends Collected	Average Price
1.	SPH	3	$600	$3.71
2.	Starhub	6	$850	$2.27
3.	M1	3	$0.00	$2.210
4.	UOB KayHian	3	$0.00	$1.67
5.	Singapore Post	2	$0.00	$1.15
6.	Capitamall Trust	3	$278.40	$1.70
7.	Suntec REIT	2	$262.40	$1.33
8.	CACHE Logistics Trust	3	$73.00	$0.950
9.	CitySpring Infrastructure  Trust	3	$94.50	$0.61
10.	K-Green Trust	3	$0.00	$1.087
11.	First Ship Lease	10	$61.55	$0.455
12.	Parkway Life REIT	1	$0.00	$1.620
13.	First REIT	3	$0.00	$0.675

*Note: Blue-coloured stocks are blue chips on the Straits Times Index

Total dividend collected	$2,368
Total Invested Capital	$62,577
Dividend over Capital (%)	3.78%
Dividends per month (2010)	$197.33

Summary:
As shown in the table above, I have loaded up 2 lots of Singpost at $1.15 and 3 lots of First REIT at $0.675 in December 2010. At first, I considered focusing all my resources either on Singpost or First REIT. Both counters were experiencing a dip (XD for Singpost and Rights Issue for First REIT). In the end, I decided to spread my resources and got both. I am glad I did because Singpost will give my portfolio a stronger "foundation" while First REIT provides attractive yield and exposure to the strong medical industry growth.


Most of my counters are performing fine in December. The exceptions are CitySpring and K-Green, both of which are still in the red. But I decided against averaging down because I do not want to increase my holdings in both counters at the moment.


I received $300 from Starhub, $31.50 from CitySpring, $61.55 from FSL and $600 from SPH. As a result, passive income increased to $197.33 per month for the entire year 2010. This figure is calculated through dividing the total dividends received by 12 months.


Looking Forward:
My objective of "More Quality, Less Quantity" will stay. I will elaborate more about this in my "Financial Resolutions for 2011" post. 


I would like to wish everyone a Prosperous and Happy New Year! :)


Please feel free to share your opinions by commenting below :)




Dividends Warrior,
Peace Out