2019 was one of the milestone for me investing in CapitaMall Trust (now known as Capitaland Integrated Commercial Trust, CICT) as it became the 4th stock in my Investment Portfolio to enter the 10-year club. Now, 2020 it hits another major milestone and that is the amount of dividends collected during the past 11 years has surpassed the amount of initial capital vested in it. To put it in my term, this investment has became mathematically impossible to lose money.
This was achieved during the October 2020 dividend payout of 3.99 cents/unit and that brought the dividend return to 102.05%. Technically speaking this milestone should have been achieved in the May 2020 distribution if not for the Covid-19 whereby it cut distribution payout for that quarter. Nevertheless, like mentioned in last year, it still able to achieve this in 2020, 2 quarters delay. As a result of that, this has became the second reits in the Investment Portfolio to achieve the...