Author: Invest For Yourself

An “Ok” dividend week, the real show is this week (and starring MapleTree)

Out of the 6 companies on my watchlist that declared dividends last week, 3 met my expectations and 3 didn’t. Hence, I called it an “Ok” dividend week. Amongst them, SGX was the bright spot, springing a surprise by raising its first quarter dividend from 5 cents to 7.5 cents. I am just wondering what SGX objective is. While I am hoping that this is a signal that SGX will raise its dividend distribution, my practical mind tells me that it is probably not. Their 30 cents dividend for last year was the highest that it has ever declared. So, it...

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Oops, Keppel Reit and SPH disappoint …

What a letdown 😦 Both Keppel Reit and SPH disappoint in their dividend announcements. Keppel Reit just declared DPU of 1.36 cents for this quarter. This is lower than the DPU last quarter (1.42 cents) and also the same quarter a year ago (1.40 cents). Furthermore, I find it interesting that Keppel Reit spent ~ $6 Mln cash to purchase back 5.3 million issued units and then cancel them all in this quarter. As this company is a Reit, I cannot understand their rationale for doing so. I am thinking that it might be better for them to distribute...

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The Keppel showtime

The attention for this week’s earning reporting will be on the Keppel group of companies. However, as it is the 3rd quarter of their FY, only Keppel Reit is expected to declare dividend. My expectation for this quarter dividend from Keppel Reit is 1.42 cents/share, similar to Q1 and Q2. The annualised yield based on $1.12 per share will be 5.0%. Well, it is still something for me to look forward to. Although the rest are not declaring dividend, I am still interested to hear about the news/results from Keppel Corp and Keppel DC Reit. Keppel Corp => I am...

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SPH Reit’s Dividend, the only silver lining in a bloody dayq

What a bloody day at the local and regional markets! Everything seems to be in the red though we saw some rebound close to end of the day. So, what did you do on this bloodshed day? I sold and bought …. LOL. Sold my M1 and bought DBS when it dropped 3%. Been eyeing it for a while and finally going for the kill today. I am betting that DBS will keep its promise on the amount of dividend that they said that they will distribute going forward. Finger crossed! The only silver lining is SPH Reit, always...

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SPH Reit – First to Go

The Q4 earnings season reporting and dividend distribution will kick off tomorrow with SPH Reit taking the lead. I don’t expect any surprise. The loss of income support to Clementi Mall may have some impact but it should be cushioned by the new earning stream from Railway Mall. Paragon should be ok. I expect the DPU to be 1.3 cents / share. With every SPH Reit results announcement, the anticipation is always on whether SPH will offload Seletar Mall to SPH Reit. The latter has low gearing and can easily purchase it via debt if it wants. I got...

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Q4 Results & Div for My Watchlist

I am always excited by the first month of a new quarter. It is the time when companies announce their quarterly results and more importantly, to income investors like me, they declare the dividends. And once the dividend goes XD a few days (or sometimes weeks) later, money will come into my bank automatically. What can be better than this … this is really what people call passive income. Just sit back, chill and collect income. In helping me to track the announcement and expected dividends from the stocks in my watchlist, I will create a table outlining the...

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Are Thai Bev, KeppelCorp, Perennial, SIA Engin & CDLH Trust undervalue?

According to DBS Treasures, they are the top 5 most undervalued stocks in my watchlist. From time to time, I would pay a visit to the “Asian Insights” section of the DBS Treasures to get a glimpse of their insights and analysis on the companies on my watchlist. Although I don’t subscribe to their views 100%, it is still a valuable source of information. I am sure the DBS researchers put in more brain power, more time and read more reports than I do before coming forward with their views. It is a useful first step to begin forming...

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CapitaRetailChina, my latest target!

Capitaland Retail China (CRC) at the current price is now my latest target. This conclusion is based on my evaluation of the current yields of selected Reits relative to the last 3-5 years historical yield performance. See chart below. In my “similar” post last month, I mentioned I was attracted to Starhill Global Reit (SGR) at 66.5 cents but watching CRC and SPH Reit. Since then, the share price of SGR has risen to 69.5 cents now. Its relative position has dropped to 58% of the yield spectrum compared to 70+% last month. See chart. I am less interested to accumulate...

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Lost 40% just a few months after starting investing

I received this from a reader recently: Reader: I want to give up investing already. It is so difficult. I started a few months ago and I have already lost 40% of my original capital by investing in equities. Don’t you feel insecure when you invest in equities? How do you “stay calm and collect dividend” when the market is fluctuating every day? Warrior: Wow, what did you invest in? The markets that we have access to from Singapore did not crash 40% lately. Even with the issues that Turkey is facing, its stock market declined 25% (not 40%)...

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Uncover my Index Portfolio (Q2’18)

There have been a few requests from readers to reveal the details of my index portfolio following my previous blog around the performance of my index portfolio that outperforms my growth and income portfolios combined. As mentioned previously, compared to end Q1, I made a one time purchases of Gold ETF and Lion Philip S Reit ETF in June while I continue to accumulate ABF SG Bond Index Fund and SPDR or Nikko AM ST ETF monthly. Despite loading up more Reit ETF, the expected dividend yield from this portfolio is still 3% because I had also increased exposure...

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SG : A Great place for Dividend Seekers

If you are a Singapore resident and hoping to rely on dividends as a main form of your passive income, you don’t have to look overseas, our Singapore market is a great place to help you do so. Finding that difficult to believe … just read the following: STI ETF Don’t know how to choose stock, then just buy STI ETF off the market. What is its dividend yield? 3.5% this year and 3.0% historically. Not bad, isn’t it? esp if it can be sustained year after year …. it sure beats the fixed deposit. Yes, stock prices goes...

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My Index Portfolio outperforms Growth & Income combined

First, let me welcome 16 new subscribers in the last one month. With your support, the total number of subscribes have breached the 100 marks. Thank you very much. It has been a long while since I blogged about index portfolio. This article is to share my investment approaches via growth, income and index portfolio. In earlier blog (5% Yield, I did it!), it was just on growth and income. Recap: it was 5% dividend yield but negative 6% loss in capital value (exclude dividend). This is a separate portfolio that I have last year to hold all my...

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Richer but can’t help feeling concerned with being over-invested

Starting this year, I occasionally blogged about my net worth. I calculated it based on (Total Assets – Total Liabilities). However, in defining “net worth”, I have left out the “bulky” and iliquid assets/liabilities like property and car. The reasons being it is difficult to translate them into cash immediately when needed, it is also challenging to assess its market value and as I called them – are bulky and can easy slew the analysis. Following an analysis yesterday, I realised that my net worth has experienced a roller coaster ride very much like the local stock market through...

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5% Yield, I did it!

If Warrior can do it, so can you! Regular readers of my blog will know that one of my key investment objectives is to build a portfolio that can provide 5% dividend yield to me annually. I try to be a bit more kia-su (i.e. afraid to lose) by adding 1% to the more convention 4% Rule. If you have not heard of the 4% Rule (for retirees), you can find some references at the end of this post. Yes, I just did it – with the dividends declared by Ireit today, the total dividends that I have and will...

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Time to upgrade your SSB yield if you have not done so!

If you are like me who have started buying SSB since it was launched and/or through 2016 & 2017, you may want to examine your returns from your current SSBs and consider upgrading. First, let’s see a chart that shows the 1st year yield of the monthly SSBs from the maiden issue to the most recent one available for our application. As you can see, the first year interest yield of SSBs declined progressively from 1.2% per year soon after its launch to the lowest point of 0.77% in Nov 2016 and then climbing back to 1.2% by end...

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