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!
Showing posts with label Dividend. Show all posts
Showing posts with label Dividend. Show all posts
Friday, October 11, 2013
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
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>
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
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
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.
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.
Wednesday, August 28, 2013
Should I Care If The Straits Times Index Goes Under 3,000?
What a difference two weeks can make, you may ask.
Two weeks ago, I bought 1 lot of Nikko AM STI ETF at $3.30. Since then STI ETF has been in a downward spiral. What is the price today? $3.09!
Okay, this may seem counter-intuitive to you, but does it matter to me now that it has dropped $0.21 (Omg! A loss!) in two weeks? Not at all! In fact, I hope that it will FALL even more.
Let's imagine I'm going shopping for something basic like groceries at Cold Storage supermarket. Assume I'm a Coca-Cola addict and drink it on a daily basis. Okay, I know it is not healthy but that's not the point here.
Do I like it when the price of my favourite Coca-Cola goes up? Nope. I want it to fall! Since I'm a Coca-Cola addict, I'm going to buy Coca-Cola regardless of the price increases (or decreases). Obviously, I would want the price to drop so that I will pay less for my daily fix of Coca-Cola. Makes sense?
Now, let's apply the same logic to STI ETF. Assume I'm a very disciplined investor in STI ETF and make a purchase every month, regardless of the price. Logically, I would want the price to be as low as possible when I'm stocking up on STI ETF so that I can buy it at a "discount".
The price only matters to me when I'm selling STI ETF - simple as that.Once you get used to this concept, you will find that price fluctuations is nothing more than mere distractions.
Meanwhile, I can look forward to Nikko AM STI ETF bi-annual dividends in October. Assuming I have 1,200 units by the expiry date, I can potentially pocket S$42 based on last year's dividend of $0.035.
Cheers!
Two weeks ago, I bought 1 lot of Nikko AM STI ETF at $3.30. Since then STI ETF has been in a downward spiral. What is the price today? $3.09!
Okay, this may seem counter-intuitive to you, but does it matter to me now that it has dropped $0.21 (Omg! A loss!) in two weeks? Not at all! In fact, I hope that it will FALL even more.
Let's imagine I'm going shopping for something basic like groceries at Cold Storage supermarket. Assume I'm a Coca-Cola addict and drink it on a daily basis. Okay, I know it is not healthy but that's not the point here.
Do I like it when the price of my favourite Coca-Cola goes up? Nope. I want it to fall! Since I'm a Coca-Cola addict, I'm going to buy Coca-Cola regardless of the price increases (or decreases). Obviously, I would want the price to drop so that I will pay less for my daily fix of Coca-Cola. Makes sense?
Now, let's apply the same logic to STI ETF. Assume I'm a very disciplined investor in STI ETF and make a purchase every month, regardless of the price. Logically, I would want the price to be as low as possible when I'm stocking up on STI ETF so that I can buy it at a "discount".
The price only matters to me when I'm selling STI ETF - simple as that.Once you get used to this concept, you will find that price fluctuations is nothing more than mere distractions.
Meanwhile, I can look forward to Nikko AM STI ETF bi-annual dividends in October. Assuming I have 1,200 units by the expiry date, I can potentially pocket S$42 based on last year's dividend of $0.035.
Cheers!
Saturday, May 18, 2013
Two STI ETFs, Different Dividends
One question that you might have when researching on STI ETFs is, why does the dividends differ since both are doing the same thing i.e. tracking Straits Times Index?
SPDR Straits Times Index ETF
Current Price : S$3.46
Dividend : S$0.04 (Date Paid : 19 Feb 2013)
Assets : S$380.46M
Nikko AM Singapore STI ETF
Current Price : S$3.49
Dividend : S$0.035 (Date Paid : 10 May 2013)
Assets : S$130.57M
SPDR Straits Times Index ETF
Current Price : S$3.46
Dividend : S$0.04 (Date Paid : 19 Feb 2013)
Assets : S$380.46M
Nikko AM Singapore STI ETF
Current Price : S$3.49
Dividend : S$0.035 (Date Paid : 10 May 2013)
Assets : S$130.57M
To put things into perspective, the difference in half-a-cent dividend means for every 1,000 units, you would be getting $5 less in dividends. Let's dig a little further and we'll see one possible reason - expense ratio.
SPDR Straits Times Index ETF (top holding is Singapore Telecommunications 9.956%)
Nikko AM Singapore STI ETF (top holding is Oversea-Chinese Banking Corp 10.223%)
SPDR Straits Times Index ETF
Expense Ratio : 0.30
Expense Ratio : 0.30
Nikko AM Singapore STI ETF
Expense Ratio : 0.48
Expense Ratio : 0.48
Lower expense, higher dividends? Why is the expense ratio different? Is SPDR Straits Times Index ETF enjoying economies of scale due to it's larger fund size?
Moreover, let's take a look at Bloomberg's profile of each STI ETF, and you will see that their fund holdings proportion are different. With different underlying fund holdings proportion, it makes sense that the dividends will possibly differ as well.
SPDR Straits Times Index ETF (top holding is Singapore Telecommunications 9.956%)
Nikko AM Singapore STI ETF (top holding is Oversea-Chinese Banking Corp 10.223%)
Both ETFs may be tracking STI, but make no mistake about it, they are not the same thing. In this Motley Fool article, it mentioned that Nikko AM Singapore STI ETF will no longer be using financial derivatives, unlike SPDR Straits Times Index ETF.
Is this yet another reason to consider which ETFs you would be ultimately buying?
Tuesday, May 14, 2013
Nikko AM Singapore STI ETF - Cash Dividend
Received my Nikko AM STI ETF (Symbol = G3B) dividends yesterday, which was deposited into my Standard Chartered Securitites Settlement Account.
Grand Total = SGD $17.50 ($0.035 x 500)
Type : Dividend
Expiry Date : 29 April 2013
Record Date : 02 May 2013
Date Payable : 10 May 2013
Particulars : SGD $0.035
Type : Dividend
Expiry Date : 29 April 2013
Record Date : 02 May 2013
Date Payable : 10 May 2013
Particulars : SGD $0.035
Saturday, April 20, 2013
NIKKO AM SINGAPORE STI ETF Ex-Date 29-Apr-2013
Type : Dividend
Expiry Date : 29 April 2013
Record Date : 02 May 2013
Date Payable : 10 May 2013
Particulars : SGD $0.035
Source : SGX.com
Saturday, April 13, 2013
Nikko AM Singapore STI ETF Ex-Dividend Dates
When a company declares a dividend, it sets a record date when you must be on the company's books as a shareholder to receive the dividend. Companies also use this date to determine who is sent proxy statements, financial reports, and other information.
Looking at Singapore Exchange, the previous ex-dividend dates for Nikko AM Singapore STI ETF (G3B) in April were 27 Apr 2012, 29 Apr 2011 and 29 Apr 2010. Take note if you're planning a purchase!
Then again, true to what I think this blog should be achieving, which is to kick-start your thinking process rather than telling people what to do, do check out this article and see for yourself what does dividend really means to you.
What you receive as dividends (regardless low 1% dividend yield or high dividend 50% yield) will be discounted off right at the market open on the ex-dividend date.
As a shareholder, a dividend payout no matter how big or small has no impact on your net worth.
Source : Philip-Teo.com
Interested to find out more? Then check out the article!
Monday, February 25, 2013
STI Stocks with the Highest Dividend Yields (2013)
Ever wondered where the dividends from STI ETF are coming from?
The five STI stocks that provided the highest indicative dividend yield at the Friday close are the same five STI stocks that maintained the highest indicative dividend yield at the end of 2012.
These five stocks were Starhub (CC3), SIA Engineering (S59), Singtel (Z74), Keppel Corp (BN4) and Singapore Press Holdings (T39).
Check out the full list of 30 STI stocks and indicative dividends yields in the link below :
http://gallery.mailchimp.com/f853114635eabc6cff8920e15/files/MyGateway_Feb25.pdf
These five stocks were Starhub (CC3), SIA Engineering (S59), Singtel (Z74), Keppel Corp (BN4) and Singapore Press Holdings (T39).
Check out the full list of 30 STI stocks and indicative dividends yields in the link below :
http://gallery.mailchimp.com/f853114635eabc6cff8920e15/files/MyGateway_Feb25.pdf
Saturday, January 5, 2013
Nikko AM Singapore STI ETF - Dividends
Does Nikko AM Singapore STI ETF pay dividends?
Yes!
Of course, you might ask : how do I check the dividends history?
1. Go to Singapore Exchange website.
2. Click on Company Disclosure.
3. Click on Corporate Action.
4. Under Company Name, select Nikko AM Singapore STI ETF.
Dividend History
31 Oct 2012 SGD 0.035
11 May 2012 SGD 0.03
28 Oct 2011 SGD 0.035
13 May 2011 SGD 0.03
15 Oct 2010 SGD 0.03
12 May 2010 SGD 0.02
13 Oct 2009 SGD 0.03
Yes!
Of course, you might ask : how do I check the dividends history?
1. Go to Singapore Exchange website.
2. Click on Company Disclosure.
3. Click on Corporate Action.
4. Under Company Name, select Nikko AM Singapore STI ETF.
Dividend History
31 Oct 2012 SGD 0.035
11 May 2012 SGD 0.03
28 Oct 2011 SGD 0.035
13 May 2011 SGD 0.03
15 Oct 2010 SGD 0.03
12 May 2010 SGD 0.02
13 Oct 2009 SGD 0.03
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