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Apr2021 Finance update -Monthly Dividend/Interest received $5k
By GlobalPassiveIncome  •  May 5, 2021
In the month of April, there is not much change in my dividend/interest received which hit about 5K , roughly the same as what I earned in the last 4 years. However, there is a big change in my portfolio again as one of my biggest holding BPY (a foreign REIT listed in US) will be privatized in Q3 and will stop paying dividend. I decided to sell it off as its price hit the delisting offered price. BPY is the only reit I found listed on US that has a very low WHT because it is incorporated in Bermuda. With its high yield and a strong sponsor Brookfield which is one of the largest asset management company in the world, it has been one of my favorite holding in the last few year. I have another SGX counter(SingRe) being privatized as well and a US Corporate bond(KW) called. I have a...
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By GlobalPassiveIncome
Started fixed income investing with the aim of collecting consistent dividend and interest monthly while protecting my principle capital. I invested mainly in reits ( local and overseas), MLP (overseas) , US bonds and preferred stock (or perpetual shares). For my overseas investment, I spend quite some time researching securities that will avoid withholding tax. Currently achieved 62K annual dividends and interest. My target is to achieve SGD100K or USD75K passive income before I retire in my early 50s.
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