Sunday, June 2, 2019

May 2019- Monthly Dividend and Finance Update. First correction to my portfolio in 2019

After 4 months of gain in 2019, my investment portfolio has started to perform negatively in May. I am expecting correction to come any times soon as the market can't go up every month. Any correction is good since I have quite a sizeable warchest to deploy to achieve my target of generating 100K SGD passive income..


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  

 
 

2 comments:

  1. Hi,
    I chance upon your blog. I'm also a passive dividend income investor. I invest mostly in singapore blue chips,Reit & SSB. My dividend income is not as big as yours. Would you mind sharing with me how you pick your dividend stocks/Reits for your singapore portfolio? What criteria do you use? Do you hold the stocks/Reits in your portfolio long term or do you rotate them, why?
    Hope to learn from you.

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    Replies
    1. Hi minx, I am not an expert in Spore reit as I only started investing in them 3-4 years ago. The more established Spore reits are already quite fully valued then. I bought most of SG reit based on recommendation by https://portal.iocbc.com/assets/pdf/ospl/OIR_Weekly_S-REITs_Tracker.PDF or write up by local finance bloggers. At this point of time, I am not adding much reits.

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