Share investment Mar 21 Part 2

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Here are the average dividend yields on cost for shares that have paid out dividends:

Share counters (2 of them) with no dividend yields just means that I have yet to receive at least a year's worth of dividends from these companies.

The overall dividend yield on cost weighted by invested amount is 4.6%, excluding the 2 share counters mentioned above.
 

There are 18 share counters with dividend yield (on cost) less than 5% (number of consecutive years of this low yield in bracket):

  • Boustead (3)
  • Boustead Project (1)
  • Capitaland (2)
  • ComfortDelgro (1) 
  • HRnet (1)
  • iFAST (2)
  • Keppel Corp (5)
  • Mapletree Com (1)
  • Nordic (2)
  • OCBC (1)
  • Parkway (1)
  • SATS (6)
  • SBS Transit (1)
  • SGX (1)
  • SIA Engineering (3)
  • Sing Shipping (6)
  • SG O&G (1)
  • UOB (3)

SPH and SingPost are excluded. I'm maintaining minimal exposure to these counters as speculative investment.

Sing Shipping's historical dividend yield has consistently been just above 4%. The question is whether I want to continue to hold on to such share that pays consistent dividend but lower than my required 5% benchmark. If I keep it, it'll be akin to holding on to bank stocks, which is quite jarring, isn't it?

A number of share were badly affected by the Covid-19 pandemic and its resultant various restrictions implemented by governments, especially those in or related to transportation industry i.e. ComfortDelgro, SATS, SBS Transit and SIA Engineering. 

Oil-related stocks (Keppel Corp and Nordic) are still in the doldrum, even before the pandemic. Although I'm inclined to believe that they will recover eventually, I'm still considering whether it's worthwhile to hold them until then or simply sell and reinvest in something else.

Here is the average cost of each share counter compared to its then prevailing price as at 12 March 2021:

Incredible improvement compared to a year ago.

 

Here's the breakdown of my portfolio according to percentage of amount of investment in each share counter:

My investment amount was spread pretty uniformly across all shares.

 

Here's the breakdown of my portfolio according to market value as at 12 March 2020:

The elephant in the room is clearly iFAST: its share price had leaped multiple times and this is even before they design, build and operate MPF platform in HongKong. True to its classification by The Smart Investor, it is a growth stock. I currently stop investing more into this and to add more to others, so as to shrink its influence over my portfolio in terms of market value.

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