FY2018 Q3 Dividends

3Q 2018 is a pleasant quarter for me as all of my companies paid its dividend. 

Yes, that's right all.

And that makes me smile.

Not forgetting AA REIT in September and FEO in July. 




Tasty.

But I guess they're all good doses of panadol for now as my portfolio is taking a beating from Mr Market. 

Ouch! 


Having that said, I believe most readers would easily identify and knows that I'm very much looking forward to receiving the payout from SingTel in mid-August. The payout received from SingTel is the largest single payout I've ever received till date and stands at almost 30% of my entire dividend received in 2018.

I've been increasing my exposure significantly to SingTel, from a small position to a really big one in terms of my portfolio. But to be fair, 1,000 shares of SingTel means totally nothing to many. 

But for a pico-sized portfolio like mine, it is actually something. In fact, something significant. And for the 1,000 shares I'm holding, I've received $107.00 from them. 

With the price slipping down once again, I'm accumulated a little more of SingTel today at 3.09.

I'm sure some readers would wonder if I'm comfortable having such a big fraction of my portfolio tied to a single stock that is constantly making a new low.

All I can say is, I hold no crystal ball. 
But, I'm fairly comfortable with my exposure to SingTel. 

And I would likely accumulate more. 

Read: Portfolio - May 2018

Moving on, aside the dividends received from SingTel. I had trimmed what used to be my largest holding, CDG to one that is free. 

Read: Free Shares from CDG

With that in mind, I've received significantly lesser dividends from them as projected due to the reduced exposure. However, in the recent days, ComfortDelGro price is seen coming down again. 

Should the price continue to fall once again, I believe we will be able to see some value surfacing for CDG. When that happens, provided if I have sufficient funds, I'll be more that glad to make my investment in CDG a more significant one again. 

With that in mind, the 100 free shares account to only $4.35 of dividends received this time round. 




Indeed pathetic. But it's free.. why not? 
2 more Ala-carte Fillet-O-Fish on the set to fill my tummy!  

In 3Q 2018, this is also the first time I'm receiving dividends from the ever-falling Far East Orchard, a property developer that I'm bought into back in October 2017. 

Read: Portfolio Update - Far East Orchard

FEO is a mainly a hotel developer and they have a lower ROA due to the type and nature of the asset. But aside from being a hotel developer, FEO do have other developments as well. Residential projects such as Harbourfront Balmain in Australia or RiverTree Residences in District 28 of Singapore.

As opposed to companies like CDG/SingTel with a healthy cash flow, FEO being a property developer, their earnings are lumpy and only would be recognized upon selling the units out. 

Therefore, it is a different game as compared to companies mentioned above. But as much as dividends are of concern, it is always good to know that the dividends that we received are sustainable. 

Which will brings me to the only question for FEO on whether the 6 cents dividend paid are sustainable. 



In order for dividends to sustain, the company should generate sufficient cash flow for which dividends could be paid. Else, the company will only be paying their shareholders out of their pocket, which is very unhealthy to the company's balance sheet. 

To simplify it. If I'm earning $1,000 and spending $2,000. The only means for me to do so is to either to use my savings (retained earnings) or to take up a loan in order to spend that additional $1,000.

Hence, to pay the dividend off with their earnings, a sufficient and healthy cash flow is neccessary. This will brings me to the development of their UK Student Hostel, which I view that it would creates an additional source of income stream for FEO to make dividend more affordable for them.

Looking back, it had been a couple of years that FEO has timely development and sales to cushion that 6 cents of dividend paid to its shareholder. 

With that in mind, I'll be looking closely to the student hostel's project while waiting for the value of FEO to surfaces. Meanwhile, the dividend should serves as a dose of pandol to temporarily ease the headache. 

At $1.30, FEO P/B ratio stands at 0.447. It's just like buying a SGD 1 coin with SGD 0.447!

But nothing too profound as we will never know when will the price of an asset moves close to their value. All I know that, I'm fine for now and we must have the patience to let time unlock the value for such assets. 

Some vote of confidence from Mr Ngs?

 Read more HERE.

The other contributors to the dividend of 3Q 2018 received are AA REIT, SGR and SSB. 

Not forgetting Wilmar, which is a very amazing company that I'm forward very much to accumulating more shares from them. However, investors of Wilmar must be well-reminded of the company Wilmar is and we should not be throwing in a very big ticket to anticipate that we will be receiving a very big fat dividend from them.

Read: Analysis on Wilmar



Enough of typing for now... It's time for the quarterly FOF check!

Total dividends received in Q3 = $221.82
Total dividends received in 2018 = $357.74
Average dividends/months = $29.81

Fillet-O-Fish check: 71 !!
FOF/month : 6 !!

Now... I can finally fill myself for 2 complete days of Fillet-O-Fish meal from morning till night!  

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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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FY2018 Q1 Dividend Updates

In a blink of eye, there goes the first quarter of 2018.
Time truly flies, and once again it's time for the quarterly report about dividend again.
It's nice to be receiving dividends isn't it?

Throughout the 1st Quarter of 2018, I've received dividends from:
- Singtel
- Starhill Global REIT
- FCOT
- AA REIT

SingTel
Coupling with the 3 cents of special dividends from the successful divestment of Netlink Trust and the usual final interim dividend that SingTel have been giving out for the past 3 years, we come up to a dividend of 9.8 cents per share for SingTel.

Investors of SingTel must bear in mind that the special dividend is an one-off event and is not likely to happen every single year. Nonetheless, with my increased exposure in SingTel, I look forward to more meaningful dividend from them in the coming future.

The dividends are paid on 10/01/18 and I've received $13.72.


Starhill Global REIT
SGR on the other hand has paid a 1.17 cents/share on 28/02/18 and based on my holding as of the earlier CD, I've received $5.85.

This is translates to roughly 1.57% from my entry price @ 0.745 earlier.

Similarly to SingTel, I've increased my exposure to SGR during the recent market weakness and currently SGR stands as my 4th biggest holding. I pretty much look forward to the upcoming dividend from SGR.


Frasers Commercial Trust
FCOT on the other hand had declared and paid a distribution of 2.4 cents on 1 March 2018 and a 0.8 cents advance distribution prior to it's private placement. I've held the shares of FCOT across the CD period and before the private placement, hence I'm entitled to both the dividend declared.

With that, I've received a total of $10.48 from FCOT in the first quarter of 2018. It's really interesting to see how resilent FCOT is today.

In the following updates, my distribution received from FCOT will still be reported but it will be less significant as I only held 8 legacy shares from the subsciption of DRIP earlier. Haha.


AIMS AMP Capital REIT
AA REIT has declared a 0.71 cents distribution and paid on 22/03/18. This is the first distribution after it's private placement in Novemeber.

Based on my holdings, I've received $2.84 for distribution this time round. Nothing too much to shout about. AA REIT continue to be a good income generator for my portfolio. However, to accumulate more shares, I demand some bargain on the price. I'd gladly love to accumulate more shares of AA REIT when Mr Market is perssimistic about him.



Both Wilmar and ComfortDelGro has declared their dividends and will undergo XD coincidentally on the same date - 3rd March 2018 which paydate will fall on 16 and 14 May respectively. I look forward to receiving my first ever dividend from CDG and Wilmar in the coming months and should opportunity arises, I would love to grab more of their shares.

Wait.. I should be strapping my fingers! Oh no.

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

Total dividends received in Q1 = $39.91
Total dividends received in 2018 = $39.91
Average dividends/months = $3.32

Having that said, I believe FY2018 Q2 will be a more "dividend-meaningful" period for me and I look forward to it.

Fillet-O-Fish check: 7 !!

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FY2017 Full Year Dividend

This will be the final post for 2017 dividends well as my 2nd post on quarterly dividend updates.

Throughout the 4th Quarter of 2017, I've received dividends from:
- FCOT
- Starhill Global REIT
- AA REIT
- Guocoland

Frasers Commercial Trust
For Q4FY2017, FCOT has paid a distribution of $0.0241/share. Similar to last quarter, I've subscribed to their script dividends and I'm allocated 4 shares of FCOT and having the balance of $1.85 back to my bank account. The dividend of $0.0241 is equivalent to 1.86% of my entry price at 1.295.

HPS has departed from ATP, and the space they vacated constitutes to 17.1% of the total NLA in ATP. It has not be announced whether HPE will be vacating from ATP, but I'm ready for that news.

Read: Fraser Commercial Trust (FCOT) - HP Vacating from Alexandra Technopark



 
Starhill Global REIT
SGR has declared a $0.012/share dividend for FY2017 Q4. As a result of the distribution, I've received $6 and this translates to 1.61% of my entry price @ 0.745. SGR continues to stay in my watchlist and I'm looking to accumulate more shares of Starhill.

AIMS AMP Capital REIT
AA REIT has declared a $0.0255/unit distribution and will be paying it later this month of the 21st. The distribution of $0.0255 will mean that I'm receiving $10.20, which is 1.86% of my entry price earlier this year back at 1.37.

With reference to the receipt of new units created from the private placement, this exercise has created 42,145,500 new units in AA REIT. Adding onto their existing outstanding issued share at 639,980,000 units. This will bump the total units up by 6.52 % to 682,125,200 units. Revised NAV from latest financial report (30/09/17) following the 6.52% increase should be 1.2713. Upcoming yield should the performance stay flat will be hovering around 7.29% based on the price of 1.35.

Guocoland
The declared dividend for FY2017 by Guocoland is $0.07/share, which is 2 cents higher than their usual $0.05 yearly dividend and I've received $14. There is a drop in their share price recently, falling from the 2.3-2.4 range to closing 2.1 last Friday. It seems like there is some price weakness in their share again and perhaps it's time I go shopping. At 2.1, they're trading at 34% discount to book value.

NAV as of end FY2017 stands at $3.18.

Read: Guocoland FY2017 Results


In the next quarter, I'll be likely to receive dividends from:
Singtel, AA REIT, SGR, FCOT. 

Total dividends received in Q4 = $37.53
Total dividends received in 2017 = $111.23
Average dividends/months = $9.27

My 1st $100 from Mr Market :)

$9.27/per month. I'll need to topup 73 cents in order to afford 2 Fillet-O-Fish meal. Terrible, isn't it?
I will be working towards the goal of buying myself more meals in the coming future. And hopefully, one day, the dividends received will be able to cover all my expenses :)

The total dividends of $111.23 is equivalent to 1.9% of total stock holdings. This is because most of my stocks are purchased in the last quarter of this year and I've missed out on their dividends. Not to forget the heavy concentration I've placed on growth stocks rather than income generating stocks.

I look forward to receive dividends from companies like CDG, Wilmar, Far East Orchard in the coming year. The annualized dividend yield of my portfolio is currently at 4.92%.

Looking back, the income-generating stocks (REIT) is only 19.6% of my entire portfolio based on the latest portfolio update! I guess it's time I shall do some portfolio re-balancing and possibly add some REITS to increase my yield.

FY2017 Q3 Dividend Updates

This is my first time doing an update about dividends that I'm receiving.

Dividends is a sum of money paid by a company to its shareholders out of its profits (or reserves).
Throughout the year of 2017, I've received dividends from several companies such as AA REIT, Singtel, FCOT and Starhill Global REIT. AA REIT will be paying their dividends on the 21/09/17.
It's good to note that dividends do play a significant role in the returns from a company (especially REIT). Love how REIT gives out quarterly dividends.

Throughout the 3rd Quarter of 2017, I've received dividends from:
- Singtel
- FCOT
- Starhill Global REIT
- AA REIT

Singtel
Singtel has paid a dividend of $0.107/share, translating to 2.83% of my entry price at 3.77, which I've received $14.98 on 17/08/17. This is the usual final ordinary dividend that Singtel have been giving out for the past 3 years.

Frasers Commercial Trust
FCOT has declared and paid a distribution of $0.024/share which translates to 1.85% of my entry price at 1.295. I've also subscribed to their script dividends whereby I'm allocated 4 share of FCOT and the balance of $1.72 being credited back to my bank account. There should be an impact on HP's departure from Alexandra Technopark which has yet to be confirmed by them however, I'll be happy to accumulate more shares of FCOT during price weakness.

Starhill Global REIT
Starhill has paid a $0.0118/share dividend on 29/08/17, and from my holdings, I've received $5.90. This is about 1.58% from my entry price @ 0.745. Currently, Starhill is trading around my entry price, which comes into my watch-list again. Should the price go lower, I'll be accumulating more shares of Starhill. Currently, SGR is trading at 20% of their NAV.

AIMS AMP Capital REIT

AA REIT has declared a $0.025/unit distribution, of which I will be receiving $10.00 from them on 21/09/17. AA REIT has been a REIT that is paying significant dividends and from my entry price at 1.37 earlier this year, this distribution will be giving me a 1.82%. A slight decrease in distribution that they're usually giving out. However, I remain positive about AA REIT.

Wilmar & CDG has paid their dividends on August, however as I've only initiated a position with them on XD, I will not be receiving any dividends from them. I'll be looking forward to their dividends next year.

In the next quarter, I'll be likely to receive dividends from:
Guocoland, AA REIT, SGR, FCOT.

Total dividends received in Q3 = $38.08
Total dividends received in 2017 = $63.70
Average dividends/months = $5.30

The dividends I'm receiving per month currently is only sufficient to buy myself a meal every month. I will be working towards to build a strong portfolio that is capable of buying myself 2 meals, 3 meals and so on. I'll also soon be writing about my short term targets that I plan to achieve.