November 2010 Dividends Portfolio Update

No.	Stock	Lots	Dividends Collected	Average Price	Net Price
1)	SPH	3	$0.00	$3.71
2)	Starhub	6	$550	$2.27	$2.18
3)	M1	3	$0.00	$2.210
4)	UOB KayHian	3	$0.00	$1.67
5)	Capitamall Trust	3	$278.40	$1.70	$1.61
6)	Suntec REIT	2	$262.40	$1.33	$1.20
7)	CACHE Logistics  Trust	3	$73.00	$0.950	$0.925
8)	CitySpring  Infrastructure Trust	3	$63.00	$0.61	$0.59
9)	K-Green Trust	3	$0.00	$1.087
10)	Saizen REIT	3	$7.80	$0.16	$0.16
11)	First Ship Lease	10	$61.55	$0.455	$0.45
12)	Parkway Life REIT	1	$0.00	$1.620

Total dividend collected:	$1,437
Total Invested Capital:	$58,732
Dividend over Capital:	2.45%

Total Capital Appreciation: $4445


*Note: Blue-coloured stocks are blue chips :P, Green-coloured stocks are REITs / Trusts 


Summary:

November was a rewarding and fruitful month for me. The dividends had started to roll in again. I received $255.39 in total from Capitamall Trust, Suntec REIT, CACHE, and First Ship Lease. Nom...nom...nom... yummy dividends! >_<

As shown in my previous posts, my holdings in FSL, K-Green, CACHE and UOB KayHian have increased. I have also added PLife REIT into the portfolio as my first healthcare stock. 


Gonna reap more dividends in 2011!


However, capital appreciation has declined compared to last month.

Looking Forward to December 2010:

December is going to be even more bountiful for me. I will be getting dividends from SPH, Starhub and CitySpring. 


It feels really great and satisfying to see my passive income stream growing bigger every year :)

Year-end bonus gonna boost my cash reserves substantially. I will probably start conserving cash in the next few months and wait for opportunities to enter the market again.


Please let me know your thoughts by commenting below.




Peace out,
Dividends Warrior

Loaded Parkway Life REIT, CACHE Logistics Trust and First Ship Lease

In my previous post, I said that medical counters will be my new acquisition targets. Yesterday, I decided to load up on Parkway Life REIT. Besides that, I also increase my stake in First Ship Lease (FSL) and CACHE Logistics Trust (CLT).

This post will focus on CLT and Parkway Life REIT.



CACHE Logistics Trust:

I loaded 1 lot of CLT at $0.96 because

1) The warehouses under CLT are not those conventional ones. CLT's warehouses are custom-built and sophisticated, catering to the needs of its tenants who are mainly multi-national corporations. Therefore, the demand for CLT's facilities will remain strong. These warehouses are also strategically located near to the airport.

 

CWT Commodity Hub – the largest warehouse in Singapore and one of the largest in Southeast Asia

CWT Cold Hub – the first and only ramp-up cold storage warehouse and one of the largest and newest cold storage facilities in Singapore

Schenker Megahub – the largest freight and logistics property located at the Airport Logistics Park of Singapore

Hi-Speed Logistics Centre – a modern, highly functional logistics facility located at the Airport Logistics Park of Singapore

C&P Changi Districentre – a modern ramp-up warehouse facility boasting excellent specifications and the one of only two ramp-up warehouses in Changi International LogisPark (South)

C&P Changi Districentre 2 – a highly functional cargo lift logistics facility located within the Changi International LogisPark (South)



2) At the current price, the yield is between 7% to 8%. Compared to other industrial/logistics REITs, the yield seems more attractive for me. However, CLT will only distribute 100% of its cash in 2010 and 2011. The distribution per unit might drop to 90% in 2012, thus decreasing the yield. Therefore, I will not add more CLT if the price is more than $0.96


3) CLT is managed by ARA which has a strong track record managing Suntec REIT. CLT also has a reliable parent in the form of CWT which specialises in logistics warehouses.




Parkway Life REIT:

I loaded 1 lot of Parkway Life REIT at $1.62 because......

1) Singapore has a rapidly aging population. People will need more medical facilities and nursing homes. As a result, the occupancy rates at hospitals will be close to 100%. Furthermore, the medical and health business in Singapore will continue to prosper as more wealthy medical tourists in the SEA region seek medical services here. The supporting evidence can be found in the links below.


The Coming Silver Tsunami < Click 

Medical Tourism Boom < Click

2) To further diversify my REIT portfolio. I have retail, office and industrial/logistics REITs. Therefore, a medical/hospital REIT will strengthen my portfolio. 


3) Even if the market undergoes a correction, medical counters will not fall that much because people will still need to visit the doctor when they are ill. 


My next target will be First REIT. The price will most probably drop after its rights issue.




Please leave your comments below :)




Dividends Warrior,
Peace Out

Loaded UOB KayHian, First Ship Lease and K-Green Trust

Yesterday, I increased my holdings in UOB KayHian, First Ship Lease (FSL) and K-Green Trust (KGT).
Besides the market showing some weakness, these are my other reasons for loading the 3 stocks.


UOB KayHian (Financials):
I have always wanted to have a "financials" stock in my portfolio. However, I am not rich enough to buy DBS, UOB and OCBC ( Should have bought during the 2008 financial crisis -__-" UrgHHH!)


UOB KayHian fits the bill because 1) the company has been paying regular, reasonable dividends over many years. 2) the company has UOB as support. 3) I can afford the stock :)


I think this stock still has quite a lot of upside potential. I loaded 2 more lots of UOB KayHian at $1.75
I am trying to diversify my REIT-heavy and blue-chip heavy portfolio.


You can check out their dividends history on the SGX website




FSL (Shipping):
I loaded 3 more lots of FSL at $0.45 because 1) the 10% yield it offers is still pretty attractive. 2) the DPU will probably increase in the future as the 2 arrested ships get leased out.




KGT (Utilities):
I loaded 2 more lots of KGT at $1.08 because 1) based on the projected DPU for 2011, the yield will be around 7%, which is reasonable for me. 2) KGT is in the business of energy-generating (Power stations), water treatment (Newater) and Green technologies. 3) the company has a strong parent in the form of Keppel Corp.

During the most severe economic crisis, Singaporeans still need energy from Power Stations to supply electricity to their homes. The Power Plant at Tuas (above) uses the most advance "Waste-to-Energy" techniques to generate electricity.

During the most severe economic crisis, Singaporeans still need to drink, shower and even flush the toilet bowl. The Newater Plant at Ulu Pandan (above) is the biggest and latest yet in Singapore.


The Singapore government will not shut down the power stations and Newater plant. Furthermore, Singapore is country that face the problem of water scarcity. Therefore, the government will most definitely do business with KGT in the long-term.


You can check out KGT's prospectus on the SGX website


So, that's my latest foray into the stock market in order to diversify and boost my dividends portfolio.


Please let me know your thoughts by commenting below.




DividendsWarrior
Peace out :)