Friday, October 11, 2013

Nikko AM STI ETF Highest Dividend Yet

Based on the latest information from SGX.com, the upcoming dividend payout from Nikko AM STI ETF (yes, they pay dividends if you didn't know) is the highest ever. Looking at historical data, Nikko AM STI ETF has traditionally lagged behind SPDR STI ETF when it comes to dividend payouts.

Nikko AM STI ETF
October 2013 - $0.045
May 2013 - $0.035
October 2012 - $0.035
May 2012 - $0.030

SPDR STI ETF
August 2013 - $0.045
February 2013 - $0.040
August 2012 - $0.040
February 2012 - $0.055

If you have been monitoring Nikko AM STI ETF prices, you might find it interesting that on Ex-date (Thursday, 10-Oct-2013), the price promptly dipped by the dividend amount to $3.18 together with a massive volume of 1,219,800 shares changing hands. This is considered a huge deviation from the norm because the daily average volume (past 3 months) is only 79,000 shares.

Happy Indexing!

Tuesday, October 8, 2013

NIKKO AM SINGAPORE STI ETF Ex-Date 10-Oct-2013

Upcoming Nikko AM STI ETF (Symbol = G3B) dividends.
Information extracted from SGX.com.

Expiry Date - 10 Oct 2013
Record Date - 14 Oct 2013
Date Paid/Payable - 31 Oct 2013
Dividend - SGD 0.045

Keching!
Expected Grand Total = SGD $54.00 ($0.045 x 1200)

Thursday, October 3, 2013

The 10% Stock Picking Rule

Once again, this post was inspired by my readers who are looking for something more than Index Investing. One day, what if you can't help yourself and have an incredible urge to deviate from Index Investing? We are only humans, after all. Does this spell total disaster? Don't worry, you'll do just fine.

In the Millionaire Teacher's last chapter, Andrew Hallam recommends that if you really cannot refrain from picking individual stocks, do not commit more than 10% of your portfolio for stock picking. This is one rule that I agree with, and stick to religiously.

Like I have mentioned previously, this blog is about a personal story. A real story. My story. I won't kid you and declare that I don't pick individual stocks. I like to keep my finance journey fun. Who says growing my wealth cannot go hand-in-hand with having some fun?

The next question is, what stocks am I holding on to, besides STI ETFs?

Apple Inc. (AAPL) <USD>
No. of Shares : 1
Buy Price : $434.04
Prev Close : $489.56
Intention : Short / Mid Term

CapitaMall Trust (C38U) <SGD> 
No. of Shares : 1,000
Buy Price : $1.85
Prev Close : $1.98
Intention : Long Term

Both are very interesting companies which appeal me for a variety of reasons.

Trivial Question of the Day
Q : What does Apple and Capitamall Trust have in common?
A : Both pay quarterly dividends.

PS -
It was only a little more than a month ago that the STI almost dived under 3,000 points, halting at 3,004 points. Looks like it is sitting tight at 3,147 points today. Life goes on.