Wednesday, April 5, 2023

Mar2023 Finance update - Monthly Dividend/Interest received $8.2K and Total Q1 $19.2k

Mar Dividend/Interest received is about SGD $8.2k. Total Q1 Dividend/Interest received is $19.2k which is short of the 20K projected due to 2 counters with dividend cut to 0%. However, this is still a 14% increase compare to Q12022. Portfolio YTD gain drop to 4.7% as US bank crisis in March has adversely impacted all my portfolio except HKSE counters.  

I have increased small stakes in international stocks like BTI and BABA but sold off AVVIY and MO. I have also bought quite a bit of international dividend ETF IDAP (LSE listed) . As disclosed in Feb, I am focusing in increasing dividend ETF in 2023 as opposed to picking individual stocks to reduce dividend cut risk. 

On the SGX front, I bought back digital core reit at 51 cents after selling it for 64.5cents in Feb because I still have the USD sitting in my FSMOne account. It turned out to be a bad decision as digital core reit continue to fall to 41 cents low after another bad news that its second largest tenant which contribute 22.6% of its rental revenue is heading toward a financial issue.  It was a mistake again that I thought I got a good bargain which turned out to be a dud as there were many telling signs why its stock price has been crashing down. I probably have to hold this for a few month to assess the reit manager next move.

2017 to 2023 Monthly Dividend/Interest earned from Investment Portfolio :

Dividends received in Mar2023 from Foreign Investment (Stocks): USD $679

Interest received in Mar2023 from Foreign Investment (bonds): USD $675

Interest received in Mar2023 from banks interest/FD/others in US: USD $809

Realized gain/loss in USD: $938

Dividends received in Mar2023 from SGX: SGD $6128

Interest received in Mar2023 from banks interest/FD/others in Spore: SGD $219

SGX Realized gain/loss SGD: Nil

Total dividend and interest from my investment portfolio + bank/money market/retirement account + trading gain/loss generated in Mar2023 : SGD$10379

Mar2023 Dividend earned from investment account only: SGD $7888

Counters from my investment portfolio contributing to monthly Dividend/Interest in Mar2023 :

Mar2023 Liquid Net worth distribution: