In September 2018, the team at ITP came together to come up with the Best Dividend Stocks to invest in 2018.
After procrastinating until the year of the Pig, we tabulate our results for since September 2018.
Best Dividend Stock – Singtel
We would expect all of the stocks to decline in value due to the worldwide technical correction in the last 2 months of 2018.
Singtel was $3.15 when we featured on article, the current share price is $3.06. Which is a decline of $0.09. At it’s lowest in 2019, Singtel actually hit $2.86 in January 3rd, which gave Singtel a 5.94% dividend yield.
Since September 2018, Singtel has issued $0.068 of dividends.
Stock Price: -$0.09 Dividend: $0.068
Best Dividend Stock – VICOM Limited
The car inspection company went through a similar movement of decrease before recovering, albeit with lesser price movement.
VICOM was $6.06 when it was featured, the current share price is $6.10, gaining momentum at the end the year of the Dog.
VICOM did not issue any dividends within this period, as historically, they issue dividends in April and August.
Stock Price: $0.04 Dividend: $0.00
Best Dividend Stock – First REIT
The REIT with a lot of noise and movement last year. First REIT was trading at $1.23 and a dividend yield of 6.94%.
With so much negativity around it, First REIT has declined to $1.10. Which is also a recovery from the low of $0.96.
At $0.96, First REIT was trading below NAV and at a dividend yield of 8.95%.
At current price, First REIT has a dividend yield of 7.8%, which is still amazing for a REIT.
First REIT has paid dividends twice since September 2018, $0.0215 each time, bringing in a total of $0.043 in dividends.
Stock Price: -$0.13 Dividend: $0.043
Best Dividend Stock – Fraser Property Limited
The property developer featured in our article at a price of $1.64. The company is now trading at $1.73.
Showing a gain of $0.09. Partly due to fact that dividends was issued on Monday.
1 round of dividend of $0.062 was issued on Chinese New Year Eve. (CNY ANG BAO!!!!! DONG DONG DONG QIANG!!!!!)
Stock Price: $0.09 Dividend: $0.062
Best Dividend Stock – Mapletree Industrial Trust
The second REIT in our list, Mapletree Industrial Trust was trading at $2 in our previous article. And as with all REITs, there is a very slight increase in stock price. It is now trading at $2.02, a small gain of $0.02.
As a REIT, it has distributed dividends of $0.0608 since September.
At current price, Mapletree Industrial Trust is trading at a dividend yield of 5.95%. Not too bad for a REIT.
At it’s lowest point at $1.84 in November, Mapletree Industrial Trust was trading at a dividend yield of 6.4% then. If held till now, with the increase in dividend, the yield would have increased to 6.5%.
Stock Price: $0.02 Dividend $0.0608
|Fraser Property Limited||$0.09||$0.062|
|Mapletree Industrial Trust||$0.02||$0.0608|
In total, these 5 stocks have provided a dividend income of $0.2338 which is an ROI of 1.66% for 3 months which translates to 6.64% per annum.
Although tabulating the annual returns is too early as not Vicom has not distributed their dividends in this time period. Nonetheless, an ROI of 6.64% for a year is extremely decent result.
Although there is a decline of $0.07 in share price, share price movement in dividend stocks are not important as dividend stocks are held for dividends through the long term. Hence, share price movement should be judged over a longer period of time than 3 months.
For now, these stocks are still issuing dividends.