Dividend Stock Portfolio

[OngHuatHuat]

Currently I slowly building my dividend stock portfolio, first stage target is to achieve at least 30 K SGD per year using a combination of stocks yielding at least 6% per year.

List of Stocks I have purchased so far to achieve this target:
1. Religare Health Trust(RF1U), current distribution around 7.7 cents per year. After special dividend, future distribution will be around 5.56 cents per year. I will continue to add on this counter after XD to form the main core for my dividend portfolio.

2. HSBC holdings. Current yield around 6.8%. 4 times distribution around 0.50 USD per year.

These 2 are my main dividend counters for now and I am looking forward to add more companies that can fit into my list.

Stocks that will be added in the future:
1. First REIT.

Current focus is to find stocks with at least 7% dividend rate and with stable/increasing dividend pay out over the years.

Anyone here doing the same as what I am doing now? Welcome to give your input.

 

[focus1974]

Don't be hard up over dividends.
Best to find stocks that have ok dividends but strong growth fundamentals.

Price move because of catalyst. So have to find near-term catalyst .. that you think will move the price up..

 

[Android user]

Add metro, and the infamous value trap global investment. Just treat like fd can liao.

Sent from Xiaomi REDMI NOTE 3 using GAGT

 

[OngHuatHuat]

Metro the pay out seems not that consistent.
I am looking for certain counters with more consistent payout, so that I can estimate my cash flow.

Add metro, and the infamous value trap global investment. Just treat like fd can liao.

Sent from Xiaomi REDMI NOTE 3 using GAGT

 

[OngHuatHuat]

Growth stock belongs to another smaller portfolio. Currently I am more focused on cash flow.

Don't be hard up over dividends.
Best to find stocks that have ok dividends but strong growth fundamentals.

Price move because of catalyst. So have to find near-term catalyst .. that you think will move the price up..

 

[Average]

last time i heard, the whole ssi waiting for mkt crash

Sent from clementi toilet cubicle five using GAGT

 

[Sai777]

While DIY portfolio for dividend payout, one of possible alternative is buy into Global Income Fund, both Blackrock and JP Morgan offer such fund.

Yield is between 5 - 7%

 

[vince123123]

This sounds like an interesting investment methodology. Maybe we could get Shiny Thing's comments on it to help us?

Currently I slowly building my dividend stock portfolio, first stage target is to achieve at least 30 K SGD per year using a combination of stocks yielding at least 6% per year.

List of Stocks I have purchased so far to achieve this target:
1. Religare Health Trust(RF1U), current distribution around 7.7 cents per year. After special dividend, future distribution will be around 5.56 cents per year. I will continue to add on this counter after XD to form the main core for my dividend portfolio.

2. HSBC holdings. Current yield around 6.8%. 4 times distribution around 0.50 USD per year.

These 2 are my main dividend counters for now and I am looking forward to add more companies that can fit into my list.

Stocks that will be added in the future:
1. First REIT.

Current focus is to find stocks with at least 7% dividend rate and with stable/increasing dividend pay out over the years.

Anyone here doing the same as what I am doing now? Welcome to give your input.

 

[limster]

This sounds like an interesting investment methodology. Maybe we could get Shiny Thing's comments on it to help us?

Maybe you can read the DividendKnight blog

 

[vince123123]

Ill go check it out. Are you saying it's a positive example or a negative example? The smiley kinda makes it hard to tell.

Thanks!

Maybe you can read the DividendKnight blog

 

[omfss6]

Hello there. I saw the title of the thread and came in to see. is your post about REITS/Funds? it is different from stocks.

 

[OngHuatHuat]

I am looking to build a portfolio of high yield stable stocks for this purpose. Now still considering which stocks that can fit in my criteria. Not many able to due to insonsistent dividend pay out and price under pressure.

While DIY portfolio for dividend payout, one of possible alternative is buy into Global Income Fund, both Blackrock and JP Morgan offer such fund.

Yield is between 5 - 7%

 

[OngHuatHuat]

Nope, it is about stocks.

Hello there. I saw the title of the thread and came in to see. is your post about REITS/Funds? it is different from stocks.

 

[omfss6]

Thanks!

 

[limster]

Ill go check it out. Are you saying it's a positive example or a negative example? The smiley kinda makes it hard to tell.

Thanks!

I believe in diversification, so I prefer to follow someone with 18 stocks in their portfolio vs someone with only 2 stocks.

I use a core-satellite approach. Use ETFs to build up the 'core' first, and then individual stock picks as the 'satellite'.

Any important lesson is whether you are willing to accept a smaller but decent dividend now like 3-4% as you believe that the company is undervalued and also will be able to grow its dividend in the future.

Or do you just want to buy companies that have recently declared a high dividend but its unlikely that they will be able to grow or even maintain such high dividends in the future? In other words companies whose forward yield is lower than current yield.

The term "current yield" is also misleading. Morningstar uses the better term "trailing dividend yield" to emphasise that past dividend is no gurantee of future dividend.

 

[Perisher]

For consistent dividends payout, I can only think of US side which has a culture of dividends paying stocks with hundreds of companies paying decades of consistent rising dividends.

 

[homer123]

My investment consist of mainly bonds and dividend stocks. More than 75% of my investment are in US markets.. There are just too many choices and better financial data compare to Spore. Price from my US portfolio tend to more stable than Spore as Sinkie tend to panic selling whenever bad news broke out.

For consistent dividends payout, I can only think of US side which has a culture of dividends paying stocks with hundreds of companies paying decades of consistent rising dividends.

 

[OngHuatHuat]

My concern is the 30 % taxation on dividend income.

For consistent dividends payout, I can only think of US side which has a culture of dividends paying stocks with hundreds of companies paying decades of consistent rising dividends.

 

[homer123]

Not for foreigner.

My concern is the 30 % taxation on dividend income.

 

[OngHuatHuat]

No withholding tax for foreigners?

Not for foreigner.