Saturday, July 6, 2019

Update for June 2019

The update for June was late as there were a lot of stuff going on in end June. There were the staff promotion exercise, appraisal session with the staff, rushing to wrap up existing works so they can be billed in time to be captured for the end of Financial year's result. 

Dividend / Interest for the month of June 2019

Ascendas H Trust - $ 257.60

The dividend for Ascendas H Trust may be the second last time it would be distributing dividend to shareholders before the proposed combination of Ascendas H Trust with Ascott Trust. Overall, it is not a bad deal considering that the average price for the Ascendas H Trust that 笨mummy is holding is 80 cents (without considering dividends earned over the years) and 50 cents after deducting the dividends earned over the past years of holding it.  笨mummy holds 3,000 units from the IPO in 2012 for 88 cents and bought another 5,000 units in 2014 at 75 cents. The proposed combination would also result in 笨mummy owning more shares of Ascott Residence Trust that she already own from 10,000 units to 16,353 units.  

To prevent odd lots, 笨mummy is considering to buy some shares of Ascendas H Trust via SCB online trading platform since it has minimal commission and would make more sense to buy via the platform and then do a share transfer to CDP at a cost of $10.70 since the other platforms are charging minimum fee of at least $20 to $25. 


Dividend received in Year 2015
S$ 8,978.59
Dividend received in Year 2016
S$ 12,145.15
Dividend received in Year 2017
S$ 12,964.44
Dividend received in Year 2018
S$ 14,709.91
Dividend received in Jun 2019
S$ 257.60
Dividend received in Yr 2019 to date
S$ 6,181.84