In May, My US investment portfolio generated a total dividend and bond interest USD$1985.7.
My Spore investment portfolio generated a dividend of SGD $1936
Total dividend and interest from my investment portfolio + bank/money market account generated SGD 5415.
In May, I have added my stake in new preferred stock 200 shares of BPYPP (6.5% yield) ,300 shares of UK ADR IMBBY ( yield >7.5%) . IMBBY has proven to a fallen knife as my stake has fallen by 20% due to negative regulatory headwind for tobacco industry. My final stake in IMBBY is 405 shares with about 8% yield. It is a small stake that is less than 1% of my portfolio .I still believe the global tobacco industry is undervalued. I will continue to hold for the dividend.
As for local SGX market, I sold off APAC realty and Dasin Trust as I don't like both of their financial report of lower revenue and profit just after IPO less than 2 years. I will try to avoid a newly listed company which cannot fulfill its prospectus forecast. I exit APAC with a slight loss after accounting for dividend payoff and a gain of $1057 from Dasin Trust sold off.
With the spare cash, I bought 10K of Cromwell and 30K of Sing Reinsurance.
With the May rebalance of my portfolio, my projected annual yield from my investment portfolio will drop slightly below USD48K .
Dividends received in May2019 from Foreign
Investment: USD $1401.5
Interest received in May2019 from Foreign
Investment (bond): USD $576
Interest received in May2019 from banks
interest/FD/others in US: USD414
Dividends received in May2019 from SGX:SGD$1973
Interest received in May2019 from banks interest/FD/others in Spore: SGD$213.5
Total D&I Received from entire portfolio: SGD $5415
Trade gain/loss : SGD$378
YTD Passive income earned: SGD $27208
Dividend/Interest received from investment portfolio:
Investment portfolio distribution:
Monthly Dividend/Interest earned Y-to-Y changes from 2017 to 2019
