Thursday, September 11, 2014

DW September 2014 Singapore Dividend Portfolio Update


No.
Stock
Lots
% of Portfolio
1
AIMS AMP REIT
30
16.63%
2
Starhub
10
11.30%
3
Singtel
7
9.57%
4
SPH
5
8.60%
5
Frasers Centrepoint Trust
10
7.79%
6
M1
7
7.74%
7
SATS
4
5.72%
8
Capitamall Trust
7
5.42%
9
CACHE Logistics Trust
10
5.11%
10
Mapletree Logistics Trust
10
4.86%
11
PLife REIT
4
3.65%
12
Suntec REIT
6
3.46%
13
First REIT
10
3.37%
14
Mapletree Greater China Commercial Trust
7
2.81%
15
ST Engineering
1
1.76%
16
Mapletree Industrial Trust
2
1.34%
17
Neratel
3
0.89%

Total dividends collected (2014)
S$11,233.20
Total Invested Capital
S$222,560
Projected Annual Yield (2014)
6%
 
Average Monthly Dividends (2014)
S$936
Available funds for investment
 
S$15,000
Unrealized Paper Gain (S$)
 
S$55,000
 
 

For the month of September, I will be receiving a total of S$971.20 in dividends/ distributions from AIMS AMP, ST Engineering, PLife REIT and Mapletree Industrial Trust.
  1. AIMS AMP: S$765
  2. ST Engineering: S$40
  3. PLife REIT: S$116
  4. Mapletree Industrial Trust: S$50.20
A reader has asked me about which bank I would likely accumulate next year once SGX reduces the lot size. My preferred strategy would be to accumulate all three major banks in Singapore - DBS, UOB and OCBC. This is the same strategy I employ on the three local telcos - Singtel, Starhub and M1. Every time you pay handphone bill or credit card bill, remember, a microscopic fraction of your money eventually comes to DW. Ha! :P

On a more serious note, I have also decided to reveal my full watch list. Many readers requested for this. Please do not ask me for target prices. My motto is "buy on dips".
  • DBS
  • UOB
  • OCBC
  • SembCorp
  • VICOM
  • Keppel T&T
  • Raffles Medical Group
  • SilverLake Axis
  • Super
  • Sheng Siong
  • Mapletree Logistics Trust
  • Ascendas Industrial
  • Capita Commercial Trust
  • Starhill Global
A piece of good news. AIMS AMP REIT has achieved TOP for the final phase of development at 20 Gul Way.


Wishing for a market correction,
Dividend Warrior

31 comments:

  1. Keppel T&T looks good, only thing is the high debt-equity ratio and dividend yield is below 3%. Price chart looks good though!

    ReplyDelete
  2. hi DW,

    How do you think of soilbuild reit?

    Currently its paying a distribution yield of 8% with a gearing of close to 30%, trading at 1 times book value.

    Do you think is it attractive for dividend investors?

    ReplyDelete
  3. SembCorp Industries?

    Would you like to elaborate on why you think its a good buy?

    Especially on its Utilities and Marine business which is price at 10 and 14 times earnings separately.
    SembCorp trades at around 12 times earnings, which seems pretty decent for a solid net cash blue chip

    Cheers

    ReplyDelete
  4. Hi,

    I am an income investor like you, and I was also looking at adding SembCorp to my portfolio. It's quite attractively valued, however the current dividend yield is a little low at ~2.5%, although it does have a pretty low payout ratio (compared to other dividend stocks in Singapore).

    Just curious, what would an ideal entry point for yourself be? Personally, I'm looking at around $4.90.

    Not to mention the fact that I hold Keppel Corp, so if I do choose to buy SembCorp, it wouldn't add sector diversity to the portfolio (although Sembcorp does have a pretty good utilities business going)

    PS: I'm at http://dividendrunway.blogspot.sg :D

    ReplyDelete
  5. Bro, I guess the correction which you are waiting for is gona be here soon......

    ReplyDelete
  6. newbie here. How did you find out the dividend amount and the date of the dividend distribution for AIMS AMP? Thanks!

    ReplyDelete
  7. Hi, I have 10k to start investing for regular dividend income. I am 40 year old home maker, looking to get maybe $150 per quarter (Or more) of dividend income. Is Starhub or AIMSAMP Reit too expenisve to go in now? Appreciate your advice. Thanks!!

    ReplyDelete
  8. hi DW, we share the same views.
    passive create passives

    http://paullowinvestmentjourney.blogspot.sg/

    ReplyDelete
  9. never knew u were such a chee bye kia, so selective with your comments posting
    else you are just so fucking lazy

    ReplyDelete
  10. This comment has been removed by the author.

    ReplyDelete
  11. Hi DW, quick question for me to ponder. For a n00b like me with 0 stocks with only $5k to spare, what should I buy today to start my dividend play?

    ReplyDelete
  12. Hi DW,

    Your portfolio looks great!

    VICOM, RMG, Super, Sheng Siong, Starhill are also in my watch list. I am also looking to add on Stamford Land. Another property counter OUE is also in my list, but this is more for its value. If I do buy OUE, then most likely using SRS money.

    ReplyDelete
  13. rubbish blog with no analysis
    only good for showing off your assets DW
    a big waste to investor's time

    happy making $50 a year off your ads? LMAO

    ReplyDelete
  14. This comment has been removed by the author.

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  15. AIms reit 16%?
    why so much in one counter?
    interest rates are going up and reits will be impacted
    good luck!

    ReplyDelete
  16. Sembcorp industries is a good pick
    trading at PE 11 only
    very cheap for a solid utility blue chip!

    ReplyDelete
  17. fu ck u, fu ck your mother

    ReplyDelete
  18. Hi DW,

    You are not interested at SGX at all? Any reason you are not looking at this counter? Thanks.

    David
    My Blog

    ReplyDelete
  19. Hello DW!

    In the past, I had only commented anonymously when following your blog. Now I finally got my own blog and I would like you to know that you are one of the most influential local bloggers that I have seen who made me start blogging myself.

    Either way again an inspiring and useful knowledge sharing post as always. I see you are still holding on to AIMS AMP even with the rough tides the past few weeks. Personally do are you confident that the REITs will sustain any big dips with their high leveraging compared to blue chips stocks?

    Would love to hear about your opinions on it!

    Regards,
    The Independent Abecedarian

    ReplyDelete
  20. Hi James,

    Keppel T&T is on my watchlist because it has the potential to IPO their data centres as a REIT.

    ReplyDelete
  21. Hi Halcyon Tomorrow,

    I have entered SembCorp at 5.18

    I agree. If you are already vested in Keppel Corp, you might not want to be vested in SembCorp.

    But you know my style. I prefer to have a stake in all the major companies in an industry. For example, I have Singtel, Starhub and M1.

    ReplyDelete
  22. Hi Anonymous,

    You can find out the dividend amount and dates from SGX.com or the website of that company

    ReplyDelete
  23. Hi Anonymous,

    Starhub and AIMS are not cheap.

    I recommend Mapletree Logistics. Around 6% annual yield.

    ReplyDelete
  24. Hi Low Paul,

    Yes. The passive income generated can be re-invested to create a powerful compounding effect.

    ReplyDelete
  25. Hi Cherub,

    Sheng Siong is a reasonable start. It is in a strong cash position with no debts. An increase in interest rate will not hurt it so much.

    ReplyDelete
  26. Hi Sanye,

    Thanks for visiting my blog. Your portfolio is pretty inspiring too! :)

    I am glad to share some companies on your watch list too.

    Cheers!

    ReplyDelete
  27. Hi Anonymous,

    Yup. Semb Corp is a solid utilities blue chip. It also has a significant stake in Semb Marine too.

    Whether economy is good or bad, people will still generate rubbish everyday.

    ReplyDelete
  28. Hi David Tan,

    The trading volume in Singapore is rather anaemic. Retail participation is very low compared to the Hong Kong and Tokyo markets.

    ReplyDelete
    Replies
    1. With lot size reduce to 100 on Jan 2015, will increase trading volume? What is your take on this?

      Delete
  29. Hello The Independent Abecedarian!

    Congrats on getting your own blog! I am glad to have inspired your blogging journey.

    My personal opinion is that REITs will survive. There might big dips for those smaller REITs without strong sponsors.

    ReplyDelete
  30. The issue abt having high weightage reits in ur portfolii is the risk of eventual interest rate rise as well as rights issues. Plus not all reits have habit of raising dividends regularly.
    Personally i applaud thr idea of dividend compoundationbut i avoid reits. I prefer lower yield stocks with little gearing n no rights issue.

    ReplyDelete

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