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.

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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 July 2017

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.

Bought BLFI @ ₱3.96, RFM @ ₱4.31

Bought some BLFI @ ₱3.96 last Friday (Aug 18) and RFM @ ₱4.31 earlier today.

Also received cash dividends from JGS for a total of ₱0.28/share last Aug 11 and CNPF yesterday for total of ₱0.18/share.

I should have bought LR when I had the chance. Looking into SPC and possibly FGEN.

It would be a good time to send some money to the Philippines now as the exchange rates are pretty good for OFW’s. It would also be a good time as the PSEi typically consolidates or is in negative territory around this time of year, meaning the next few months may be a good time to buy.

Bought LR@₱4.88 and more SPC@₱4.55

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.

 

 

Bought SPC @ ₱4.23

Bought some SPC Power Corporation (formerly Salcon Power Corporation) shares today at ₱4.23, with the hope that the dividend policy doesn’t change from last year (around 7.33% though irregularly at ₱4.09, as per the Filipino Investor site, and 13%?? as per the PSE Edge site). The PSE Edge site probably includes a special dividend from last year (2016) as MSN Money reports its dividend yield to be 7.11% and Reuters puts it at 8.85% (what’s going on here??) at today’s price. PE is around 6.82x with Price/Book of 0.79.

There hasn’t been any announcements when the next dividend payout would be, but it was in April and December last year.

At least I didn’t make the same mistake as I did with HOUSE. 🙂