No.
|
Stock
|
Lots
|
Average Price
|
% of Portfolio
|
1
|
AIMS AMP REIT
|
25
|
$1.236
|
15.86%
|
2
|
Starhub
|
10
|
$2.467
|
12.66%
|
3
|
Singtel
|
7
|
$2.983
|
10.72%
|
4
|
SPH
|
5
|
$3.756
|
9.64%
|
5
|
Frasers Centrepoint Trust
|
10
|
$1.70
|
8.72%
|
6
|
M1
|
7
|
$3.33
|
8.67%
|
7
|
Capitamall Trust
|
7
|
$1.689
|
6.07%
|
8
|
CACHE Logistics Trust
|
10
|
$1.115
|
5.72%
|
9
|
Parkway Life REIT
|
4
|
$1.99
|
4.09%
|
10
|
Suntec REIT
|
6
|
$1.26
|
3.88%
|
11
|
First REIT
|
10
|
$0.736
|
3.78%
|
12
|
Sabana REIT
|
6
|
$1.07
|
3.29%
|
13
|
Mapletree Logistics Trust
|
5
|
$1.06
|
2.72%
|
14
|
1
|
$3.28
|
1.70%
| |
15
|
Mapletree Industrial Trust
|
2
|
$1.46
|
1.50%
|
16
|
Neratel
|
3
|
$0.63
|
0.99%
|
Total dividends collected (2013)
|
S$14,310
|
Total Invested Capital
|
S$201,690
|
Projected Annual Yield (2013)
|
6%
|
Average Monthly Dividends (2013)
|
S$1, 192
|
Available funds for investment
|
S$7,000
|
Unrealized Paper Gain (S$)
|
S$41,356
|
For the month of December, I shall be collecting a total of S$1643.30 in dividends. Christmas come early! Ho Ho Ho! ^^
- Mapletree Industrial Trust: S$49.40
- SATS Ltd: S$50
- Parkway Life REIT: S$106.40
- AIMS AMP: S$687.50
- SPH: S$750
Finally, the last portfolio update of the year. I divested HPH Trust and initiated a new position in Mapletree Logistics Trust. In my opinion, HPH Trust will probably be unable to sustain its cash distributions due to increased capex going forward. Mapletree Logistics Trust is a better replacement because it has catalysts for future DPU increase. The redevelopment of Mapletree Benoi Logistics Hub is on track for completion in 3QFY14, with 94% of the space already pre-committed by Menlo Worldwide Logistics on a 10-year lease. Following this, MLT will be embarking on its next redevelopment project at 5B Toh Guan Road in early FY15, which will see the site transform from a 3-storey warehouse to a 6-storey modern ramp-up facility. The plot ratio will be maximised from 0.93x to 2.5x. I like how MLT is focusing more on organic growth and rejuvenating its older assets.
This year, I managed to collect a total of S$14,310 in dividends. This translates to S$1,192 per month on average. Sometimes, I feel as if a clone of myself is working a low-wage job! However, excluding the special dividend from SPH this year, my monthly average dividend income will be S$1,117. Still pretty decent.
 |
| Mapletree Benoi Logistics Hub is a five-storey ramp-up logistics facility located near to the Jurong and Pasir Panjang Ports and with easy access to the city. The building has been conferred the BCA Green Mark Platinum Award and incorporates modern features that cater to the operations of logistics companies. |
This year, I managed to collect a total of S$14,310 in dividends. This translates to S$1,192 per month on average. Sometimes, I feel as if a clone of myself is working a low-wage job! However, excluding the special dividend from SPH this year, my monthly average dividend income will be S$1,117. Still pretty decent.
Time really flies! Looking back at my portfolio update in December 2010, I am astounded by the huge progress I have made. My humble blog is already 3 years old! Never in my wildest dream have I imagine building such a massive income portfolio as a salaried worker. I guess one must have faith in his investment strategy and not be easily swayed by external noises.
I will be sharing my investment goals for 2014 in my next post. Stay tuned!
Keep the Faith,
Dividend Warrior
23 comments:
Well done! Agreeing fully with you that "one must have faith in his investment strategy and not be easily swayed by external noises". A person's investment strategy is a very personalized thingy so it's not easy to follow blindly. If follow blindly and not careful with it then one could lose money instead.
Hi DW, what about AREIT? LippoMall?
Appreciate if you could give your view points on them as well.
May I ask if SATS is now a good level to accumulate?
Thanks!
Hi DW, i am deciding between ST Engg and SATS. Based on your personal veiw, which counter do you think will better performance in future?
Hi Money Honey,
Thanks for the compliment. ^^
Hi Ed,
Ascendas REIT is pretty solid. It has the highest credit rating among the industrial REITs.
I have little confidence in the management of Lippomall. Secondly, the Indonesian rupiah is weakening against the Sing$. Thirdly, the Indonesian election is coming next year.
A reasonable level to accumulate SATS is around $3.10 or below.
Cheers!
Hi marcus,
I am rather sanguine on both ST Engg and SATS. I believe both will continue to grow.
The order book for ST Engg remains healthy. Both companies are in solid net cash positions.
There are a few catalysts for SATS.
1) Sports Hub
2) Singapore Cruise Centre
3) Changi Terminals 4 & 5
At current prices, SATS offers a slightly higher dividend yield though.
Good Work!!!
Thanks, B. ^^
With rate increase very likely, most trust and reit will be bad,hope u read today paper? What do you say?
Thanks.
Hi Anonymous,
My advice would be "Buy on dips".
Cheers! :)
Hi.DW.
So means that you wont cash out yr stocks that have profits gain now?
eg: singtel,,,etc.
And wait for a dip..then buy back on low to keep?
Wont it be a waste for the profits gain to lose back?can explain wats yr plan?
i newbies la..haha.yr new fans.
Rdgs,
SKY
Hi SKY,
Welcome to my blog! Thanks for the support. :)
Yup. I will not take any profits off the table right now. My general style is to buy on dips because my focus is on the dividends.
For example, if I sell Singtel now, there is no guarantee I can get it back at a lower price in the future. Anyway, I bought Singtel at an attractive price, so I am in no hurry to sell.
However, if a person is more concern about capital preservation, he will probably sell off his stocks to lock in profits.
Cheers! ^^
Hi DW,
Thank you for your awesome blog on dividend investing. I enjoy reading it and keeping up to date with your posts.
I would like to ask you 2 questions:
1) what are your views on mapletree greater China commercial trust?
2) assuming that interest rates were to rise in March 2014, do you think that s-reits would have already priced in the tapering effect? Or prices will drop further?
Hi Anonymous,
I am glad you find my blog useful. ^^
Answering your 2 questions:
1) If I remember correctly, the CEO of Mapletree Investments bought more units of MGCCT last month. So, this could be a display of confidence in it. Personally though, I think the gearing level is a little too high for comfort. I prefer Mapletree Commercial Trust.
2) The prices of REITs will continue to drop. My advice would be to buy on dips, at prices you are comfortable with. Buy in batches.
Cheers! :)
Hi DW,
For Cache Logistics,
So far the Distributions you received, is it fully one-tier tax-exempt?
i see in the reports it is divided into
Taxable income component 2.106
Capital component 0.020
Just like to know if we fall into this group (except for
individuals where these distributions are exempt from tax.)
Thanks In Advance :)
Hi Anonymous,
Yes. I received the distributions from CACHE in full.
You dun need to worry about income tax.
Hi DW,
thanks for the Confirmation.
Best Regards
Hi DW,
Started reading your blog from people who talked about it in EDMW. I just started working and I'm accumulating money for my emergency funds and once that is done, move on to REITS.
So I've been looking at more affordable ones and I was looking at Perennial China Retail Trust, what do you think of it ?
Hi DW,
May i ask on your opinion for Suntec Reit? It seems to have been dropping the past few weeks despite the AEI of Suntec being on track.
Is it a good REIT to buy?
Thanks
Hi DW,
what do you think of K-REIT?
Is it a good REIT to invest for long term?
Hi DW,
Is CCT worth to buy now?
It is undervalued and has room for growth.
I would like to seek your opinion on it.
Warm Regards
Anon
Hi DW,
I just started stepping into the working life and looking to accumulate wealth to make some investment.
are able to share with me where to read reliable and fresh financial news?
Hi, interesting article. Can we republish it on www.nextinsight.net with full credit to you and with a link back to yr blog?
Cheers!
CT
ct.leong@nextinsight.net
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