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).
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.
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.
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.
Received the following cash dividends in September:
- GLO: ₱22.75/share, around 1.1%, quarterly (4.4% p.a.)
- PF: ₱1.50/share, around 0.48%, quarterly (1.9% p.a.)
- TEL: ₱48.00/share, around 2.8%, semi-annually (4.4% p.a.)
- SCC: ₱5.00/share, around 2.9%, semi-annually (5.8% p.a.)*
- SHNG: ₱0.07/share, around 2.2%, semi-annually (5.1% p.a.)
- SGI: ₱0.07/share, around 4.89%, annually
- MPI: ₱0.0345/share, around 0.5%, semi-annually (1.49% p.a.)
All above % estimates are against price at close of October 4, and are the gross value/share, not taking into account the 10% withholding tax for Filipino citizens.
Per my previous post, received a net of around 0.297% of my principal from cash dividends in September (which if the equivalent would occur each month of the year, would equal to around 3.56% p.a.).
* based on Aug 18, 2017 closing price, which was before the 300% stock dividend
Sold half of my LTG shares for ₱14.90 back in Mar 22 that in hindsight might not have been the best thing to do (it closed at ₱16.08 today), especially since my net gain was just slightly over 3% for holding a stock for more than three months. This is below my IRR of greater than 11%. I guess I just thought that it’s better to gain rather than see and wait for a stock in case it goes below purchase price. I did hold on to my other half of shares which is currently showing a paper gain of around over 19%.
As I said in previous posts on what I was planning to purchase, in the past week I bought some more ALCO @ ₱1.38, CPG @ ₱0.495, MPI @ ₱6.12 and SGI @ ₱1.39.
Looking at HLCM the past few days, but it went up 3.2% today, so I might hold off… or maybe buy at the higher price. May sell some GLO or MWIDE as I’d need to get ready for the stock rights of CHIB (to be priced on Apr 6, offered from Apr 24 to May 5, with a tentative listing date of May 10).
Excited about the WLCON listing tomorrow. Got a very limited amount of shares. Read somewhere it was 3x oversubscribed. At the offer price though, the price was quite dear. Let’s see how the market thinks about it tomorrow.
PHN ex-divs tomorrow, payment is supposed to be on Apr 21. Also received my PX cash div of ₱0.04 / share and BEL’s cash div of ₱0.095 / share recently (PX’s cash div yield is so low I’m not going to even try to compute it, BEL’s is around 2.3%).