CDL Hospitality Trusts share price dropped further in this week so l have increased my holding in it from 2 lots to 3 lots now. It reported a weaker 2Q2013 results due to stiff hotel competition in Singapore and lower corporate bookings. I am probably stuck with this investment now but l will have no regrets as l
will consider it a good problem to have. This is because of its reasonably good
dividend yield of around 6.6% based on my investment costs in it and projected annualized dividend rate by CDL HTrust.
Invested into Starhub 1 lot before its 2Q2013 results announcement. Starhub declared the usual dividend rate $0.05 (so, expected dividend amount 1 lot x dividend rate $0.05 = $50) which will XD on 14 Aug and payment date 29 Aug. As usual, l have eyed my exit selling price to be the dividend rate. In this same week l have divested my 1 lot holding of it at $68 nett gain. The nett gain amount is slightly higher than the expected dividend amount and l have already collected it by 3 weeks in advance. Of course its share price went up higher but as l dislike trading (and speculating) and always targeting my exit selling price at the dividend rate (or higher than bank deposit rate) so l am always at peace with my investments and divestments.
Portfolio walk since previous posting :-
+$2,710 Total Returns as of 2 Aug
+$68 Gain on sales of Starhub
+$22 Unrealised positions improved
+$2,800 Total Returns as of 7 Aug
Previous posting :-Cash - Closing Status 2 Aug
Invested into Starhub 1 lot before its 2Q2013 results announcement. Starhub declared the usual dividend rate $0.05 (so, expected dividend amount 1 lot x dividend rate $0.05 = $50) which will XD on 14 Aug and payment date 29 Aug. As usual, l have eyed my exit selling price to be the dividend rate. In this same week l have divested my 1 lot holding of it at $68 nett gain. The nett gain amount is slightly higher than the expected dividend amount and l have already collected it by 3 weeks in advance. Of course its share price went up higher but as l dislike trading (and speculating) and always targeting my exit selling price at the dividend rate (or higher than bank deposit rate) so l am always at peace with my investments and divestments.
Portfolio walk since previous posting :-
+$2,710 Total Returns as of 2 Aug
+$68 Gain on sales of Starhub
+$22 Unrealised positions improved
+$2,800 Total Returns as of 7 Aug
Previous posting :-Cash - Closing Status 2 Aug
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