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Oct2021 Finance update – Monthly Dividend/Interest received $6.6k
By GlobalPassiveIncome  •  November 4, 2021
In the month of Oct, dividend/interest received is about SGD $6.6K and year to date dividend/interest income hit 66K. With 2 more months to go, I am projecting to receive more than 70k dividend/interest income for the full year.  My YTD portfolio return including dividend received is around 9.41%.  As my cash holding increase substantially due to dividend received, I will be adding a few more counter or increase my stake in current portfolio in the coming month as long as yield on cost is attractive. I added more BTI which yield >8% . While there is a negative sentiment against tobacco stock due to regulatory pressure,  BTI has proven that it has been able to increase revenue and dividend annually. Its FCF yield is as high as 11% and with a 65% dividend payout, I think it is much safer to buy than reits. I also initiated a new...
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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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