Monday, April 21, 2014

Dividend Warrior April 2014 Singapore Portfolio Update


No.
Stock
Lots
Average Price
% of Portfolio
1
AIMS AIMP REIT
30
$1.210
17.61%
2
Starhub
10
$2.467
11.97%
3
Singtel
7
$2.983
10.13%
4
SPH
5
$3.756
9.11%
5
Frasers Centrepoint Trust
10
$1.700
8.25%
6
M1
7
$3.33
8.20%
7
Capitamall Trust
7
$1.689
5.74%
8
CACHE Logistics Trust
10
$1.115
5.41%
9
Mapletree Logistics Trust
10
$1.060
5.14%
10
PLife REIT
4
$1.99
3.86%
11
Suntec REIT
6
$1.26
3.67%
12
First REIT
10
$0.736
3.57%
13
SATS
2
$3.21
3.12%
14
ST Engineering
1
$3.84
1.86%
15
Mapletree Industrial Trust
2
$1.460
1.42%
16
Neratel
3
$0.644
0.94%


Total dividends collected (2014)
S$4048.62
Total Invested Capital
S$212,390
Projected Annual Yield (2014)
6%
Average Monthly Dividends (2014)
S$337
Available funds for investment

S$2,000
Unrealized Paper Gain (S$)

S$43,982



For the month of April, I will be collecting a total of S$1,620.30 in dividends from M1, Starhub and Suntec REIT.
  1. M1: S$994
  2. Starhub: S$500
  3. Suntec REIT: S$126.30


Pulau Sebarok


I have added 5 lots of Mapletree Logistics Trust (MLT) at $1.06 to my portfolio. It is the only S-REIT that has an island in its real estate portfolio. Yes. You read that correctly. A real island! No kidding! >___<" Pulau Sebarok is a 46.8-ha island off the southern coastline of Singapore, and accessible via a short ferry ride from Singapore mainland. The property features large oil storage tanks with dedicated pipeline systems, pumps, roadways and ancillary buildings that have been purpose-built by the lessees.. The two companies currently operating on the island are Singapore Petroleum Company Ltd and Royal Vopak. I like MLT's reasonable gearing level, healthy WALE, good mix of quality tenants and increased focus on organic growth. Furthermore, quite a number of its properties in Japan are freehold. Lastly, it has a strong sponsor.

Last week, I have received a few emails regarding Sabana REIT's horrendous drop in DPU. Well, I have already divested Sabana REIT last year because I have doubts that the management is able to find new tenants to replace the Master tenants who left. So, I decided to switch my funds to better options like Mapletree Industrial Trust and Mapletree Logistics Trust. Both MINT and MLT are lower-yielding than Sabana REIT back then, but I value stability more. It seems like I made the right decision. ^^



I love islands!
Dividend Warrior

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