Cash Dividends in September 2017

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

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Sold ALCO, bought EMP

Sold some of my holdings in Arthaland @₱1.48 that I bought back in Feb 13, 2017 for ₱1.32 which gives a net gain of around 10.8%. I think Arthaland is a good company to hold for the long haul, however I wanted to lock-in some gains and possibly use the cash to buy ALCO again in case the stock falls back to the ₱1.30+ range (it closed at ₱1.41).

I bought some EMP @ ₱6.46. It ex-divs on March 29, 2017 for ₱0.1865/share (around 2.8%). I now think it’s a bit of a long time and the share price may still go down until ex-div. EMP is one of my not too rational stocks that I hold because of what the company stands for and what it may become in the future… and I’ve been itching to buy this stock. I now remember one of those investment warnings on stopping yourself from ever falling in love with a stock, no matter how sexy it is. Oh well.

Around 20% of my portfolio is held in what I call kinda-moonshot stocks (wherein I can’t really tell when the price will pick up, if ever). Another 25% are in preferred shares or shares that give at least 5% cash div a year, with the rest of my holdings in value or high-dividend shares.

AEV, AP, TEL and the SMC preferred shares all ex-div on March 16, so last day to be in on their cash dividend tomorrow.