May is the best month for dividends. Most of the Singapore companies will give out their dividends in May but we will have the ex-dividend effect. Meaning when the stocks goes ex-dividend, the price of the stocks will go down in response to the dividends going out. Somestimes, price can go down even lower than the amount of dividends paid out.
This month I added more SIA Eng into my portfolio.
The day before the result was announced, SIA Eng price shot up abit and thought good result was in the pipeline. SIA Eng posts a 36.5% rise in 4Q to $41.4 million as revenue and expenditure decline. The resulting operating profit of $23.1 million was 32.5% lower compared to the same quarter last year. The dividend declared was lower and without the special $0.05 dividend. However the mgmt was confident that it will pick up in the future. Hopefully its dividend will be recovered to their usual by then ie around $0.22. Its PE is high at 22 but it is a blue chip with a low debt and large cash reserve. So added some more into my portfolio.
STI vs my portfolio
This month, is the dividend month and many companies are paying dividends this month. This month is beat STI! Actually I was losing out to STI for the whole month except for the last trading day of May, the STI suffered a 25 points dropped due to China and HK market. But my portfolio managed to stay intact and beat STI this month :) Let's hope it will stay like this for subsequent months.
|Period||STI||My Portfolio (Realised)||Verdict|
|Jan 2015||2.71%||3.21%||I win |
|Feb 2015||2.41%||2.16%||I lose |
|Mar 2015||3.31%||0.62%||I lose |
|Apr 2015||6.02%||4.18%||I lose |
|May 2015||3.31%||3.84%||I win |
Like everybody else, got my biggest dividends this month from many companies.
Checkout my Dividend history
Dividend Stock Tracker
I keep track of good SGX dividend stocks such as 10 years consistent SGX dividend stocks, REITs, Business Trusts, etc with real time information update. Checkout the link below:
Checkout my Dividend Tracker