I increased my stake in United Engineer Engineering and Construction (UE E&C). UE E&C is a good dividend play with dividend payouts of more than five percentages annually. Also there is a likelihood that UE E&C may be acquired though this probability of acquisition is not more important to me than the dividends rate that is provided by UE E&C.If you have followed my blog closely, you would have known that I am in the process of restructuring my investment portfolio so that it is robust, relevant and responsive to the global economy. I have shifted my strategy from weighing my investment portfolio around a theme such as commodities to a strategy of diversifying my investment portfolio into one which consists of good blue-chip stocks and stocks with good fundamentals. Year-to-date, I have bought stocks like OCBC, F&N and Sembcorp Marine while selling Noble Group so as to reduce ......