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 PCOR @ ₱8.79

Bought some Petron Corporation today. Its P/E is around 16.8x while div gross yield is just around 1%, its price/book though is 0.95. Revenues seem to be lowering, however earnings look like they will be higher than 2015 as its 9-month income in 2016 was up around 47%. Not sure when they’ll release performance figures for 2016, but it was released around mid-March last year for the previous year. YTD return is -11.76%, with a 1 year return of -5.8% and will hopefully turnaround soon.

After writing this down, it makes me wonder if I should have put my money on PNB instead.