Wednesday, 13 June 2018

FY2018 Q2 Dividend Updates

Today, as I'm writing this, we've entered the first half of 2018. Without me even realizing, I will soon be entering the next phase of my life.




Throughout the 2nd Quarter of 2018, I've received dividends from:
- AA REIT
- FCOT
- CDG
- Wilmar
- Starhill Global REIT

AA REIT
I've received $2.84 in March after the advanced distribution for private placement earlier this year. AA REIT is the first counter I've gotten into, after entering this journey and I'll have to admit that I did not get them at a pretty or delicious valuation for it.

It used to be 100% of my portfolio back in Feb 2017, to today at 5.55%. As one of the income generator for my portfolio, I'd say that AA REIT had did their job decently. If opportunities come knocking on the door once again with a better valuation for AA REIT, I'm more than glad to add onto them for it to become one of the bigger income generator for my portfolio.

Despite the falling DPU, I pretty much enjoy the returns I'm receiving from AA REIT.  Based on the latest XD, I'll be receiving $10.52 on 21 June. Taking the dividends into account, I'm looking at a positive 10.82% return based on my entry price today


FCOT
As mentioned in my Q1 updates, I've divested my positions with FCOT, leaving back with only 8 legacy shares from the DRIP that I've subscribed to earlier. This is nothing to shout about, but I'm still glad to see $0.12 of dividends coming from FCOT even after I've divested them.


CDG
This is one counter that I'm actually looking forward to receiving my first dividends from. CDG's paid a dividend of 6.05 cents per share on 14 May, in which I've received $42.35 from. The largest single dividend paid from a single company into my CDP account. Hilarious isn't it? Haha

The 6.05 cents dividend translates to 2.92% based on my average price of CDG. However, with the recent run up, I've divested partially from CDG, leaving behind only 100 shares from them. The divestment will turn my biggest dividend received from a single company to a recurring free gift.

Read: Free Shares from ComfortDelGro


Wilmar
Wilmar is another counter that I'm pretty looking forward to. This is the first time receiving divdends from Wilmar since entering a position with them in August last year. However, Wilmar in my portfolio is not an income generator like AA REIT, SGR or even SingTel. Hence, I must put it in mind that I must not expect too much from them.

The final dividend declared for FY2017 at 7 cents is much higher than the regular ones they paid, which comes off as a bonus to me. Wilmar continues to be a growth story and presents a pretty attractive valuation for me and I'm looking to accumulate a bigger positions with them.

I've received $35 from Wilmar on 16 May.

Starhill Global REIT
I've added onto my positions with SGR in March this year, bringing my total holdings up to 1,700 shares. However, ever since I've became an investor of SGR, I guess I've pretty much jinxed the counter with an ever-falling DPU.

SGR continues to face headwinds today from the retail sector and chart wise, it seem to be on a downtrend, breaking it's recent support of 68 cents. On a side note, I believe that FY19 will be a better year for SGR after the AEI for it's properties are completed. Should the AEI completes, this will in turn, bring the DPU back up with more rental income received from it's properties.

I've received $18.53 from SGR on 30 May.


In the next quarter, I'll be likely to receive dividends from:
FEO, SingTel, Wilmar, CDG, AA REIT, SGR, FCOT

Wow.. It seems like all the counters I'm holding is paying dividends to me in the next quarter. With the increased exposure in SingTel, I look forward to more meaningful dividend from them in the coming quarter.

Taking a look back, it seems that I might not be actually hitting the amount of projected dividends I'm receiving for myself based on my portfolio as a good portion of them are actually in cash. Regular readers would probably also found out that I'm silently building a bigger cash positions in the recent months.

However, should all else remains equal, my portfolio should not be changing that much in the near term, while I build up a more sizable positions with the companies I hold. 
 
Total dividends received in Q2 = $96.01
Total dividends received in 2018 = $135.92
Average dividends/months = $11.32


Fillet-O-Fish check: 27 !!
FOF/month : 2 !!

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Friday, 1 June 2018

Portfolio - May 2018

Current Portfolio (31/05/2018)
No.
 Counters
No. of Shares
Market Price (SGD)
Total Value (SGD) based on market price
Allocation %
1.
SingTel
1,000
3.28
3,280.00
32.74%
2.
Wilmar Intl
500
3.24
1,620.00
16.17%
3.
Starhill Global REIT
1,700
0.685
1,164.50
11.62%
4.
Far East Orchard
800
1.44
1,152.00
11.50%
5.
AIMS AMP Cap REIT
400
1.39
556.00
5.55%
6.ComfortDelGro1002.46246.002.46%
7.
Singapore Saving Bonds
11,000.00
1,000.00
9.98%
8.
Warchest
1
1,000.00
1,000.00
9.98%

Total SGD:


10,018.50
100.00%

May is a month that I've evolved and in this process, I've leveled up.
In this month, I've bid farewell to my 19s and welcome the next digit of my life, 20.

Read: 20th Birthday Post




I've bid farewell to 600 shares of CDG at 2.38 as well during the recent run up which I've written weeks ago. In this episode, I also welcome 100 free shares of CDG. I guess I'm lucky and this has really been a great and interesting lesson in my investment journey. Despite the price marching higher recently, I'm contented.

The funds from the divestment is now sitting in my warchest. And I've decided to allocate it into the funds you see above.

Read: Free Shares From ComfortDelGro




As a part of my portfolio optimization and rebalancing, I've also divested on my smaller holdings, realizing some gains in the process. In the upcoming purchases, I've decided to focus on concentration rather than diversifying myself too much.

Regular readers will be able to observe that I've been sizing my positions and increasing them in each trade from the hundred dollars purchase and slowly moving towards the thousand dollar purchase.

Just a moment. Does anyone remember this (First 5 digits: $10,000 before 1H2018)?



SPECIMEN

I've also divested my positions with Guocoland for a total return of 12.1%. This divestment is an act to clear and optimize my portfolio. I will be focusing more on concentration and bigger positions having that said.

Aside that, I've also doubled my positions with SingTel at 3.28 on the last day of the month. Funds here are mostly shuffled over by the divestment of CDG and Guocoland. Hence, no significant capital injection has been made to stock purchases this month.

Read: Increasing stake in Singtel by 250%



On a side note, I've injected a small amount of cash into the cash holdings to increase of the weighting of it in my portfolio. 


Overall Portfolio Performance (as of 31/05/18):
Total (Capital Injection) in 2017 = S$ 6,566.79
Total (Capital Injection) in 2018 = S$ 2,069.79

Total Capital Injection 2017 & 2018 = S$ 8,636.58

Realized P/L = 18.34% or S$ 1,583.79 (Based on total injection)
Unrealized P/L = -1.12% or -S$ 83.87 (Based on total cost for each counter)
Cum. Dividends = S$ 215.23
Realized + Unrealized P/L + Dividends = $ 1,715.15 (19.86% base on cost)


Current Portfolio Value: S$10,018.50 (+3.02% m.o.m due to capital injection, dividends and portfolio performance)

CAGR = 12.19% (Based on start date at 14/02/17) - Days Count: 471
XIRR = 14.05% (This high % you see here is due to the wild card from Crypto in 2017 and relatively short duration)

Do take note that both XIRR and CAGR % is on a relatively high side due to the short duration that I'm in the market. As a reminder, a simple bear market should be sufficient to wipe out all the positivity you see up there.


As the time goes on, the % will be significantly reduced and adjusted based on time.


Current Cash Position (based on Opportunity Funds + SSB) = 20%
 
Dividends received in May: $ 96.00 
Total dividends received in 2018: $135.92
Average dividends/month: $11.32


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