Dividend Update : 4th Qtr 2016
Finally , all the financial result for my holding been announced and I’m expecting to collect this dividend amount in 4th Qtr 2016 .
Total dividend to be collected in 4th Qtr will be $ 39,345.39
***TTL Dividend excluded Return of Capital from Sim Lian ( due to privatization ) and Religare Health Trust ( on partial asset disposal ).
Another good stock in my portfolio is going to be privatized soon ( ARA Asset Management ), I hope to pen down my thoughts about the issue on “privatization of listed company“ in coming blogs post.
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Did you see the trend ?
Yes , total dividend is in decreasing trend since 2nd Qtr 2016 , of course the higher dividend in 2nd Qtr 2016 partly due to exceptional distribution on tax refund from Accordia GT which only give 2.45 cts in this Qtr as compared to 2nd Qtr of 4.31 cts , and most of the blue chip ( e/g DBS/ OCBB/ Keppel Corp / Sembcorp Ind /ST Eng were also given out dividends on 2nd Qtr 2016 , which amounting to approx. $12k )
One important note is that most of the REIT/ Biz Trust is also paying lesser dividend as compared to 2nd Qtr and we may see this trend to continue in coming quarters. I guess it will be similar trend for most of the blue chip and conglomerate as they will need to preserve more cash or “deleveraging “ under such uncertain economic situation.
As a retiree, do you have any concern in facing situation of decreasing trend in dividend received ? or any plan B ? As mentioned in my previous blog post ( here ) , one will really need to do the "stress test" on level of dividend decrease we could take it , in order to maintain current lifestyle or any alternative sources of income to cushion off such loss of income in dividend received.
“A stock dividend is something tangible — it’s not an earnings projection; it’s something solid, in hand. A stock dividend is a true return on the investment. Everything else is hope and speculation.”