Skip to main content

Dividend Income 2Q 2018


A much-awaited, all-time high dividend income was recorded this month June 2018.  We should be looking to continually break this record in the years to come.


This month's star performers are:

Ascendas H Trust - $7,355.50
Frasers Logistic Trust - $ 6,137.00
AIMSAMP - $2,130.30
Total - $15,622.80

Combined with the May distributions by Cache Log Trust and Starhill Global, the TOTAL DIVIDEND INCOME for 2Q 2018 is $16,045.76.

Combined with 1Q distributions, my half yearly passive income is $22,266.40, which translates into a tracking monthly income of around S$ 3,711 per month. Far from ideal. Will be looking to drastically raise this number by re-investing my capital  once I receive the proceeds from my property sale.

My June earned income is also expected to be slightly more than normal due to the extra weekends worked.

This is also the end of the financial year for my firm, which means performance-linked incentive bonus cash and stock payouts would be made in the coming months, probably September.

The market has been weakening and I am tracking a 5% in unrealised portfolio losses. The bulk of the losses comes from Singtel (-12%) and a dead-beat down-stream O&G counter (Ezion) which i stupidly punted around 20k at the height of the oil crisis (now trading at -90%).

At least with Singtel, after adjusting for dividends received, the loss is mitigated to 6%.  No use crying over spilled milk I guess.  As a wise man once told me:

A thousand gold cannot buy early know

千金難買早知道

Comments

Popular posts from this blog

As a Dividend Investor - I am having fun staying poor

Recently, there was a self-styled "master" who went around dissing dividend investing, saying things like REITS will chibaboom (his words not mine). Ironically, the master also invested into "growth stocks" like BABA and notably SE before its recent implosion.  Masterstrokes indeed. Dividend/income investors have borne the brunt of "have fun staying poor" taunts since the dawn of time.  Previously from the crypto bros and then from the growth investors. This is nothing new.  Every growth investor likes to talk about Tesla. But where are the ARK ETF investors? Where are the NIO bulls? Where are the BABA fanatics? Even a broken clock is right twice a day.   Good luck to those who retired on a portfolio of "growth stocks", hoping to spend 4% annually on an expected annualized portfolio growth rate of 10%.  Without dividends, one would have no choice but to liquidate part of the portfolio for meeting expenditures.  The damage done might never be reco...

Smoke, mirrors, bungalows and mistresses

People care way too much about a couple of colleagues fucking each other. The only people who should care this much are the aggrieved spouses and the family members who were hurt and embarrassed.  If you are not one of them, then shut the fuck up already. Who cares? The fact that they fucked or are still fucking doesn't affect you in the least bit. So quit the vomit-inducing moralizing.  But do you know what is detrimental to you, the hardworking taxpayer slogging 10-14 hours a day to make ends meet? 1)      That the Government apparently provides a special class of rental properties, one in which only a TINY TINY group of people may afford, in particular, those who can comfortably pay >20k a month in rent. Suffice to say, a real tiny and privileged bunch including people like, say, K Shanmugam and Vivian Balakrishnan. 2)      That the Government is happy to willy-nilly spend close to half a million tax dollars to make these properties "habitab...

FIRE by 2020 has officially failed

Back in 2015, I never thought I would have to work past 2020.   The idea was that I would have accumulated at least 1.7 M by Jan 2021 and would be comfortably returning 110k a year in passive income based on a 6.5% yield.  How laughably naive. The optimism is commendable but misguided.  Covid struck hard.   Several terrible decisions were made. EHT is bankrupt. A 50k write off.  Ouch is right. First REIT is trading around 20% of my cost price. Never again Riady. Never again. Yields have been severely compressed  with "quality" REITS, e.g., MINT, PLife, Ascendas REIT all returning paltry yields of 3-4% or, gasps, less.   With the view of improving portfolio resilience, I made a conscious decision to rebalance my portfolio to go REIT-lite (well, lighter) and increased my holdings in DBS, UOB, OCBC.  The MAS cap on banks' dividends does mean that these companies are returning 3% or less per annum.   Sigh.  All in all, pr...