Dividend stocks: quality counts too

[lonewolf]

Actually, I took the term 'Dividend Stocks' to mean 'Stocks that pay dividends' which is actually pretty broad instead of the REITs, Trusts and Preference Shares universe that the article seems to imply. Judging from Jared's response, I see I'm not the only one.

I have to disagree with you considering that one-third of the dividends stock basket are non-REIT/trust. And there is no PS in the basket either.

Notable missing from the Dividend stock includes Singpost, MIIF and SPAus.

Also I have to ask whether a low cap company can qualify as a 'dividend stock' or do you really need to be of a certain size; and if so how big? The smallest cap on the dividend stock basket was First REIT at 493 million.

I own many 'small cap dividend stock' that quick easily trump the average yield from the dividend stock basket. They have been paying yearly dividends in the years I own them.

Yield is based on my ave purchase price average over the yrs I own them. Mkt cap is based on last FY closing price x no of shares.

1) Popular 8% 134 million
2) CWT 8.7% 588 million
3) PTC 11.7% 86 million
4) Datapulse 7.2% 121 million
5) Neratel 15.5% 133 million

Of cos owning shares in a small cap companies entails risk its own and some may argue that the higher yield probably correctly reflect the risk compared to the large cap.

[Nick]

They excluded business trust in the list...pretty ironic considering their purpose are purely for yield.

Business Trust with yield > 9%

FSL Trust: 13.2%
Pacific Shipping Trust: 9.5% (excludes contribution from new vessels)
MIIF: 9.6% (based on FY11 guidance)
Global Investment Ltd: 9.5% (based on FY 11 guidance)

[Drizzt]

Actually, I took the term 'Dividend Stocks' to mean 'Stocks that pay dividends' which is actually pretty broad instead of the REITs, Trusts and Preference Shares universe that the article seems to imply. Judging from Jared's response, I see I'm not the only one.

I have to disagree with you considering that one-third of the dividends stock basket are non-REIT/trust. And there is no PS in the basket either.

Notable missing from the Dividend stock includes Singpost, MIIF and SPAus.

Also I have to ask whether a low cap company can qualify as a 'dividend stock' or do you really need to be of a certain size; and if so how big? The smallest cap on the dividend stock basket was First REIT at 493 million.

I own many 'small cap dividend stock' that quick easily trump the average yield from the dividend stock basket. They have been paying yearly dividends in the years I own them.

Yield is based on my ave purchase price average over the yrs I own them. Mkt cap is based on last FY closing price x no of shares.

1) Popular 8% 134 million
2) CWT 8.7% 588 million
3) PTC 11.7% 86 million
4) Datapulse 7.2% 121 million
5) Neratel 15.5% 133 million

Of cos owning shares in a small cap companies entails risk its own and some may argue that the higher yield probably correctly reflect the risk compared to the large cap.

some interesting companies and surprise u have CWT at 8% congrats

[kazukirai]

I have to disagree with you considering that one-third of the dividends stock basket are non-REIT/trust. And there is no PS in the basket either.

Actually, that post was made prior to Steven posting the table so I didn't have an idea of what was in the list. My only inkling was from the article.

Also I have to ask whether a low cap company can qualify as a 'dividend stock' or do you really need to be of a certain size; and if so how big? The smallest cap on the dividend stock basket was First REIT at 493 million.

Yes. This was the point I was trying to figure out. What was the basis for the selection of the basket of 'dividend stocks'? The writer obviously didn't select the highest yielding stocks in the SGX universe.

If her point was to emphasize quality, I don't think any criterion was made explicit either- either a certain minimum Mkt Cap or low volatility in Stock Price etc.

[koh_52]

They excluded business trust in the list...pretty ironic considering their purpose are purely for yield.

Business Trust with yield > 9%

FSL Trust: 13.2%
Pacific Shipping Trust: 9.5% (excludes contribution from new vessels)
MIIF: 9.6% (based on FY11 guidance)
Global Investment Ltd: 9.5% (based on FY 11 guidance)

for me, i distant trust stocks with a 5 ft pole...in 2007 bot and got burnt.
FSL Trust: 13.2% - loss 8K
Pacific Shipping Trust: 9.5% - loss 3k
MIIF: 9.6% (based on FY11 guidance) no touch
Global Investment Ltd: 9.5% - loss 9k

so don't depend these counters for your retirement passive income..my personal view,,,u may always said buy w deep discount and large safety margin, why not?..ok no comment.

[Zelphon]

They excluded business trust in the list...pretty ironic considering their purpose are purely for yield.

Business Trust with yield > 9%

FSL Trust: 13.2%
Pacific Shipping Trust: 9.5% (excludes contribution from new vessels)
MIIF: 9.6% (based on FY11 guidance)
Global Investment Ltd: 9.5% (based on FY 11 guidance)

for me, i distant trust stocks with a 5 ft pole...in 2007 bot and got burnt.
FSL Trust: 13.2% - loss 8K
Pacific Shipping Trust: 9.5% - loss 3k
MIIF: 9.6% (based on FY11 guidance) no touch
Global Investment Ltd: 9.5% - loss 9k

so don't depend these counters for your retirement passive income..my personal view,,,u may always said buy w deep discount and large safety margin, why not?..ok no comment.

U cut loss already??

[violinist]

In 2007 bought almost anything also loss.

[koh_52]

They excluded business trust in the list...pretty ironic considering their purpose are purely for yield.

Business Trust with yield > 9%

FSL Trust: 13.2%
Pacific Shipping Trust: 9.5% (excludes contribution from new vessels)
MIIF: 9.6% (based on FY11 guidance)
Global Investment Ltd: 9.5% (based on FY 11 guidance)

for me, i distant trust stocks with a 5 ft pole...in 2007 bot and got burnt.
FSL Trust: 13.2% - loss 8K
Pacific Shipping Trust: 9.5% - loss 3k
MIIF: 9.6% (based on FY11 guidance) no touch
Global Investment Ltd: 9.5% - loss 9k

so don't depend these counters for your retirement passive income..my personal view,,,u may always said buy w deep discount and large safety margin, why not?..ok no comment.

U cut loss already??

Oh yes, in 2009 on advice from my stock sifu...all cut loss liao..

[corydorus]

Divident is quite meaningless if stock price do not outgrew it's previous price at min. Something I try to watch.

Cory

[lonewolf]

for me, i distant trust stocks with a 5 ft pole...in 2007 bot and got burnt.
FSL Trust: 13.2% - loss 8K
Pacific Shipping Trust: 9.5% - loss 3k
MIIF: 9.6% (based on FY11 guidance) no touch
Global Investment Ltd: 9.5% - loss 9k

Let me share with the performance of the biz trust. As usual. 1st yield are capital gain/loss. 2nd yield includes the distributions received. The yields are divided by the no of yrs I owe th trust to get a 'per annum' figure. Prices based on yesterday's closing (06 Jul)

1) City Spring -3% 1.7%
2) FSL Trust -13.7% -5%
3) Aitrust -2.5% 1.37%
4) Indiabulls -22%
5) MIIF 45% 56%

I recently divest Rickmers for gain of 1.1% and 16.7% respectively; which isn't too bad but I probably bought it at the correct time. I bought MIIF in Mar 09 so the timing was also good. So really perhaps, your individual performance may have to do with when you buy the biz trust. Buying at IPO isn't always good.