Cash dividends in Apr 2018

Received the following cash dividends in April:

  • SMC2F: ₱1.27635/share, around 1.63%, quarterly (6.54% p.a.)
  • SMC2C: ₱1.50/share, around  1.87%, quarterly (7.50% p.a.)
  • PHN: ₱0.40/share, around 5.01% p.a.
  • DMC: ₱0.48/share, around 4.48% p.a.
  • NIKL: ₱0.12/share, around 2.35% p.a.
  • LTG: ₱0.20/share, around 0.92% p.a.
  • AEV: ₱1.28/share, around 2.03% p.a.
  • AP: ₱1.39/share, around 3.56% p.a
  • GTCAP: ₱3.00/share, around 0.28% p.a.
  • SHNG: ₱0.1255/share, around 3.87%, semi-annually, (6.03% p.a.)
  • DDPR: ₱1.61945/share, around 1.60%, quarterly, (6.42% p.a.)
  • PCOR: ₱0.15/share, around 1.56% p.a.
  • SHLPH: ₱5.14/share, around 9.55% p.a.
  • CLI: ₱0.15/share, around 3.04% p.a.
  • MPI: ₱0.076/share, around 1.40%, semi-annually, (2.04% p.a.)
  • SECB: ₱1.50/share, around 0.74%, semi-annually, (1.49% p.a.)
  • TEL: ₱28.00/share, around 2.00%, semi-annually, (?? p.a.)*

All above % estimates are against price at close of May 11, and are the gross value/share, not taking into account the 10% withholding tax for Filipino citizens. This might inflate the % cash divs due to the recent market downturn.

*For semi-annual payouts, I typically add the previous cash dividend to this last one and just divide by the current price, however I’m not confident that TEL will be giving out as much as what they paid out back in Sep 2017.

Received a net (after 10% withholding tax) of around 0.88% of my principal from cash dividends in March (which if the equivalent would occur each month of the year, would equal to around 10.61% p.a…. and would also mean that most of the cash dividends I receive occur in April as I’m sure I don’t reach half of that percentage in a year).

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Bought and sold in April 2018

Bought the following shares in April 2018:

  • 10: LR @ ₱4.99
  • 16: MPI @ ₱5.00
  • 16: PIP @ ₱2.50
  • 17: CLI @ ₱4.54
  • 19: AGI @ ₱12.98
  • 19: MEG @ ₱4.31
  • 19: SMPH @ ₱32.30
  • 20: FLI @ ₱1.70

Sold the following shares in April 2018:

  • 13: SMC2C @ ₱79.10
  • 24: SMC2C @ ₱79.00

I had small, almost negligible, losses for both SMC2C transactions. Overall in the years that I’ve held them, there has been a net gain from quarterly cash dividends. As I mentioned previously, I will park cash in preferred shares, and will sell when the market goes down enough… the recent downturn of over 10% allowed me to pull the trigger. Aside from the fact that I will have to sell my SMC2C in the coming year as the optional redemption date of September 2019 is starting to loom and should put downward pressure on the price.

Cash Dividends in Mar 2018

I bought shares in just two more orgs in March:

  • 20: SCC @ ₱29.95
  • 22: AC @ ₱931.00

I can’t really call the ₱75.00 MBT SRO a typical buy so I won’t call it that. I typically exercise all SROs as it doesn’t make sense not to.

I don’t hold any orgs that paid out cash dividends for the month of February 2018.

Received the following cash dividends in March:

  • FB (PF): ₱0.20/share, around 0.3%, quarterly (1.23% p.a.)*
  • GLO: ₱22.75/share, around  1.47%, quarterly (5.90% p.a.)
  • ALCPB: ₱1.76145/share, around 1.69%, quarterly (6.77% p.a.)
  • HOUSE: ₱0.25/share, around 3.67%, semi-annually (4.41% p.a.)
  • RFM: ₱0.08571/share, around 1.77%, semi-annually,  (2.95% p.a.)
  • MBT: ₱1.00/share, around 1.17% p.a.
  • IMI: ₱0.235/share, around 1.52% p.a.
  • SCC: ₱1.25/share, around 4.05%, semi-annually, (?)**
  • ABS: ₱0.92/share, around 3.28% p.a.
  • BEL: ₱0.12/share, around 3.57% p.a.
  • PX: ₱0.04/share, around 0.70%, semi-annually,  (1.41% p.a.)
  • BLFI: ₱0.10/share, around 3.19% p.a.
  • LR: ₱0.07/share, around 1.53%, semi-annually,  (3.28% p.a.)
  • MWC: ₱0.4302/share, around 1.54%, semi-annually,  (3.07% p.a.)

All above % estimates are against price at close of April 30, and are the gross value/share, not taking into account the 10% withholding tax for Filipino citizens. This might inflate the % cash divs due to the recent market downturn.

*Using / 10 as PF became FB and split.

** SCC typically pays out in March and September. I didn’t put in an annual rate as the stock has split 300% and didn’t want to use the last dividend’s payment (taking the split into account).

Received a net (after 10% withholding tax) of around 0.34% of my principal from cash dividends in March (which if the equivalent would occur each month of the year, would equal to around 4.09% p.a.).

Bought in the first half of March 2018

Bought the following shares in the first half of March 2018:

  • 9: ROX @ ₱3.38
  • 12: AP @ ₱39.95
  • 12: COSCO @ ₱7.23
  • 12: MRSGI @ ₱3.28
  • 13: IMI @ ₱18.26 (tiny odd lot to round out my holdings)
  • 15: FNI @ ₱2.64

I succumbed to FOMO in buying LTG last month. I should’ve waited. I finally got to buy some ROX which I’ve been looking at since April last year when it was around ₱2.75

I was wrong in not selling VUL. I have a bit more of a buy and hold strategy, however I should segregate those I invest in, against those I speculate in. I now have a mental note to myself in terms of selling speculative stocks when they have sell signals.

SHLPH finally declared their cash dividends which I’ve been waiting for for some time now (I’ve written separately about it in Apr, Jul and Oct 2017 and Jan 2018). At ₱5.14/share, I’m guessing they’re either making up for the small cash div last year or that must more than 75% of earnings. I’m wondering though why they didn’t just release their cash dividends 2 or 4 times a year as it may make for a less volatile stock price.

I’m still uncertain if I’m buying more MBT just to get more of the ₱75 stock rights.

ALCO, ION, and SMPH are starting to look interesting.

I’ve also been reading and YouTubing some Jack Schwager.

Cash Dividends in Jan 2018

Received the following cash dividends in January:

  • AC: ₱3.46/share, around 0.3% annually
  • SMC2C: ₱1.50/share, around 1.87%, quarterly (7.50% p.a.)
  • SMC2F: ₱1.27635/share, around 1.61%, quarterly (6.47% p.a.)
  • DDPR: ₱1.61945/share, around 1.56%, quarterly (6.25% p.a.)
  • SMC: ₱0.35/share, around 0.24%, quarterly (0.99% p.a.)
  • FGENG: ₱3.8904/share, around 3.48%, semi-annually (6.97% p.a.)
  • COSCO: ₱0.10/share, around 1.3% annually

All above % estimates are against price at close of February 23, and are the gross value/share, not taking into account the 10% withholding tax for Filipino citizens.

Received a net (after 10% withholding tax) of around 0.39% of my principal from cash dividends in January (which if the equivalent would occur each month of the year, would equal to around 4.70% p.a.).

I obviously like preferred shares, and around 20% of my portfolio is composed of them. I’ll write about their optional redemption dates in a future post (e.g. SMC2C is September 2019 and I have no intention to buy more now).

Bought and sold in Feb 2018

The following are the buys and sells I had since my Jan 28, 2018 post.

Bought the following shares in Feb 2017:

  • 2: FGENG @ ₱111.60
  • 12: CLI @ ₱4.48
  • 12: LTG @ ₱22.50
  • 13: MRSGI @ ₱3.49
  • 15: FLI @ ₱1.78
  • 19: IMI @ ₱14.28 (Stock rights offering)
  • 20: ABS @ ₱31.55
  • 20: MPI @ ₱5.88

The only shares I sold were PIP for ₱2.90 on Feb 2, 2018. I don’t see myself selling any shares in the next few days, unless VUL rockets even higher.

 

 

Bought and sold since Dec 18, 2017

The following are the buys and sells I had since my Dec 17, 2017 post.

Sold the following shares in Dec 2017 and Jan 2018:

  • 28: MBT @ ₱99.45
  • 3: MPI @ ₱6.88
  • 9: LTG @ ₱20.90

Bought the following shares in Dec 2017:

  • 29: FMETF @ ₱130.50
  • 29: PIP @ ₱2.15

Kicking myself for selling both MBT and LTG. More so with LTG as I sold all my shares. I still hold a decent amount of MBT. I’ll probably buy some FGENG soon and I’m still wondering whatever happened to SHLPH dividends. I’ll definitely unload some when the price goes above IPO as I have too much in my portfolio. WLCON is going nuts but I’m still holding it for now though. I might buy LTG again if it goes down to around ₱22+. I think the turnover is justified at these record-breaking points and had to sell for my own subjective risk management rules. Professionals supposedly go broke by taking small profits (my LTG had 68+% profit though). I’m happy as long as my trades are on trend and take profits to preserve my capital.

 

Cash Dividends in Nov and Dec 2017

Received the following cash dividends in November and December:

  • MWC: ₱0.4244/share, around 1.48%, semi-annually (2.97% p.a.)
  • SMC: ₱0.35/share, around 0.24%, quarterly (0.99% p.a.)
  • RFM: ₱0.0575/share, around 1.19%, semi-annually (2.98% p.a.)
  • SECB: ₱1.50/share, around 0.59%, semi-annually (1.19% p.a.)
  • HOUSE: ₱0.05/share, around 0.79%, semi-annually (4.78% p.a.)
  • GLO: ₱22.75/share, around 1.30%, quarterly (5.21% p.a.)
  • PX: ₱0.04/share, around 0.56%, semi-annually (1.12% p.a.)
  • ALCPB: ₱1.76145/share, around 1.62%, quarterly (6.51% p.a.)
  • FPH: ₱1.00/share, around 1.59%, semi-annually (3.18% p.a.)
  • JFC: ₱1.18/share, around 0.40%, semi-annually (0.74% p.a.)
  • PF: ₱1.50/share, around 0.23%, quarterly (0.95% p.a.)
  • SPC: ₱0.40/share, around 7.29%, semi-annually (14.59% p.a.)
  • MWIDE: ₱0.05/share, around 0.23% p.a

All above % estimates are against price at close of January 26, 2018 (which might have diluted the returns,  except for Telcos and SPC, as the market has had a bit too much ‘irrational exuberance’ of late) and are the gross value/share, not taking into account the 10% withholding tax for Filipino citizens.

Received a net (after 10% withholding tax) of around 0.03% of my principal from cash dividends in November (which if the equivalent would occur each month of the year, would equal to around 0.44% p.a.).

For December, received a net (after 10% withholding tax) of around 0.17% of my principal from cash dividends (which if the equivalent would occur each month of the year, would equal to around 2.04% p.a.).

The only stock dividend I received was the 8% stock dividend of CHIB at the start of November 2017.

Found the Dividend Yields site that shows the yield of the PSE index of 30 shares.

Bought and sold since Nov 1, 2017

The following are the buys and sells I had in November. I’ll take on received dividends in another post (there were just 4 cash divs, and 1 stock div).

Bought the following shares in Nov 2017:

  • 6: FNI @ ₱3.01
  • 6: NIKL @ ₱7.47
  • 10: CHIB @ ₱33.50
  • 13: PBB @ ₱12.00
  • 22: MBT @ ₱94.20

Sold the following shares in Nov 2017:

  • 10: RFM @ ₱5.00
  • 28: ROCK @ ₱2.36
  • 29: SPC @ ₱6.60

Bought the following shares in Dec 2017:

  • 1: FGENG @ ₱115.70
  • 5: SECB @ ₱242.60
  • 5: SPC @ ₱5.50

I’m still trying my best not to sell my gains. SPC was just too tempting not to sell some of my holdings.

Been watching some Marvin Germo and he had a great vlog post here with other financial planners, like Fitz Villafuerte and Ryan de Vera which I’ll add to the links.

Year to date, my XIRR is only up by 14.25% which is close to my annual average gain in the past 5 years, but definitely way below the PSEi’s 20+% increase this year.

Cash Dividends in October 2017

Received the following cash dividends in October:

  • SMC2C: ₱1.50/share, around 1.82%, quarterly (7.31% p.a.)
  • SMC2F: ₱1.27635/share, around 1.58%, quarterly (6.35% p.a.)
  • DDPR: ₱1.61945/share, around 1.54%, quarterly (6.19% p.a.)
  • LR: ₱0.08/share, around 2.1%, semi-annually (4.05% p.a.)
  • FGEN: ₱0.35/share, around 2.0%, annually

All above % estimates are against price at close of November 22, and are the gross value/share, not taking into account the 10% withholding tax for Filipino citizens.

Received a net (after 10% withholding tax) of around 0.37% of my principal from cash dividends in October (which if the equivalent would occur each month of the year, would equal to around 4.47% p.a.).