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.).
Received the following cash dividends in July:
- SPC: ₱0.40/share, around 8.8%, annually*
- CEB: ₱2.75/share, around 2.4%, annually
- SMC2F: ₱1.27635/share, around 1.57%, quarterly
- SMC2C: ₱1.50/share, around 1.86%, quarterly
- HLCM: ₱0.98/share, around 7.9%, annually**
- DDPR: ₱1.61945/share, around 1.54%, quarterly
- MEG: ₱0.05410389/share, around 1%, annually
- ROCK: ₱0.0594/share, around 3.3%, annually
- SMC: ₱0.35/share, around 1/3 of 1%, quarterly
All above % estimates are against price on Sep 12, and are the gross value/share, not taking into account the 10% withholding tax for Filipino citizens.
Cash dividends in July 2017 are higher than my typical month and it made up 0.59% of my whole principal. Meaning if I always had as much cash dividends in a month, my principal would be getting around 7% p.a. gross. This is due to the quarterly SMC and DD preferred shares paying during the month, plus the annual cash div payable of higher yield shares, SPC, HLCM and ROCK (I consider anything above 3% as fairly high yield).
*This was supposed to have been paid on June 30, but it arrived to me in July, hence I’m accounting it in July.
**Noted this share fell in value in the past few weeks which has increased the cash dividend yield.
So I bought ALCO at ₱1.01 yesterday… just before it crashed by almost 7% today. Sucks I know.
I haven’t done a recent XIRR but I’m around just 24% up from my capital/principal.
It’s been a bloodbath with recent IPOs, from SHLPH at around -4%, EAGLE at -0.8%, CLC at almost -8%, and CLI at around -3.4%. The only saving grace amongst IPOs is WLCON that’s up by around 63% (lower than its peak, but quite a gain nonetheless).
I’ve been unable to buy DDPR nor SMC2F since they’re both a bit high now.
I’m currently looking at FGEN (17.40), GTCAP (1168), HLCM (12.90), HOUSE (5.43), JGS (69.45), LR (4.19) and RFM (4.40).
Bought some PIP for ₱3.16 on Aug 3 as the price is pretty low compared to its revenue. I also tried buying some RFM but no one matched at the price I bid… same with DDPR. I’ll just wait then. To quote W. Buffet, “What’s nice about investing is you don’t have to swing at pitches… No umpire is going to call you out. You can wait for the pitch you want.”
I’m also looking at LR as it has gone down considerably (approx 14%) since I last bought it a week or two ago.
I’m a bit surprised that the price of MEG didn’t go down even though the US Dems are proposing a bill on taxing US organizations that outsource. Maybe investors don’t see it affecting the Philippine economy.
I also tried selling most of my EDC at near its peak on Friday (Aug 4) but no one bit.
I bought more SPC yesterday at ₱4.55 and today I bought LR at ₱4.88.
I bid on some BLFI and some SMC2F but they weren’t matched. SMC2F returns an annualized 5.7% net at its current price of ₱80.55, which is ever so slightly higher than DDPR. In hindsight, I should have tried to get DDPR since I was unable to get SMC2F.
SHLPH is slightly below IPO price. I’ve held on to it because of Shell’s dividend policy. I’m not so sure about holding on to EAGLE as the cement industry may have a glut in the next few years. The Philippine’s infrastructure play is ever so slooowly progressing. CLI still looks good. ALCO is starting to look like a bargain.
I’m still looking into getting more COSCO, PIP, HOUSE, FDC and RFM. I’ve also requested to get a few shares of CLC from my broker.