- Bought 5,000 units of NetLink NBN Trust at $0.81
During the month of May, I only managed to purchase NetLink NBN Trust despite queuing for several shares such as First Reit, Singtel and Keppel Corp. I had bought NetLink NBN Trust one and a half weeks before it XD. I am likely to hold this for short term and will sell it if it hits my selling price before the next round of dividends. Looking at the recent developments where Hyflux seeks court protection for debt reorganisation, I am glad that I cut loss and sold it at a lose of 67% in Mar 18. I hope that fellow investors out there did not and will not lose much from this.
May was an exciting month. I broke my record for the highest dividends received in a month. I hope I can break this record again later this year in August or in next year in May. Comfort DelGro's rise in price has also surprised me. It has overtaken ST Engineering and taken over the top spot in terms of value.
I will be participating in the rights issue for FLT and the scrip dividends for Raffles Medical in Jun. Despite the recent price drop in Raffles Medical, I am confident that its share price will increase over long run. I am clear that this share is for potential capital gains and not for dividends yield.
Dividends received* in May 2018: $1,824.46 (Suntec Reit, ComfortDelGro, Wilmar Intl, Sheng Siong, Mapletree GCC Tr, Keppel DC Reit, Frasers L&I Tr, OCBC, NetLink NBN Trust, Jumbo, CapitaCom Trust)
Total dividends received since 2018: $3,549.51
Average dividends per month: $295.79
Total Portfolio Market Value: $150,015
* Dividends are recognised after ex-dividend (xd) date
# Excludes investments in Cryptocurrency since it is of high risk and with an investment fund which I am prepared to write off.
Hi MIM,
ReplyDeleteCongrats on your record dividends. You snowball will get bigger and bigger.
Cheers!
Thank you! Yes, I hope the dividends will continue to increase and compound.
DeleteVery nice portfolio! I see that you are quite diversified. Most of your stocks are blue chips, as I've observed. Any consideration to buy stocks that are of smaller caps?
ReplyDeleteThank you for your kind words. I do not have a very good experience with smaller cap stocks (e.g. hyflux). I am likely to stick to blue chips, reits etc.
DeleteYou have a solid dividend growth portfolio. Well done! :)
ReplyDeleteThanks DW, I am learning from you =)
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