Hello everyone, welcome back to ‘The Dividend Uncle’! Today, we’re doing something a bit different. As part of the mission of my website and YouTube channel, which is to produce posts and videos that are “based on my real portfolio, always”, I’ll be showing you exactly how much I’ve received in dividends for the first half of 2024. It’s all about transparency and helping you see what’s possible with a well-managed portfolio. So grab a coffee, sit back, and let’s get into it!

Before we dive in, I must let you know that this content is for informational and educational purposes only and does not constitute financial advice. The opinions expressed are based on publicly available information and personal analysis, and they are not tailored to your specific financial situation. The REITs and institutions mentioned are cited purely as examples. While I have no affiliations, sponsorships, or financial relationships with any of them, I may personally hold positions in some of the investments discussed. Before making any investment decisions, you are strongly encouraged to consult a licensed financial adviser.

REITs – the dividends tree that keeps on giving

Let’s kick things off with my REITs portfolio. In the first half of 2024, I received a total of $9,761 from my REITs. Here are the top contributors:

1. ARA US Hospitality Trust, which brought in $1,609. This trust focuses on upscale, select-service hotels across the United States, benefiting from the steady demand in the hospitality sector, especially in key cities and business hubs.

2. CapitaLand China Trust, contributing $1,263. Investing in a diversified portfolio of retail malls, logistics properties, and business parks across China, this trust aims to capitalize on the growing consumer and business demand in one of the world’s largest economies.

3. CapitaLand Ascott Trust, which delivered $870. This trust invests in serviced residences and rental housing properties globally, leveraging CapitaLand’s expertise in hospitality management to deliver stable returns from high-occupancy properties.

4. CapitaLand Integrated Commercial Trust, which added $824. One of Singapore’s largest REITs, it owns a diverse portfolio of retail and office properties in prime locations, generating robust rental income from well-managed assets.

5. CDL Hospitality Trust, providing $668. Specializing in hospitality properties, CDL Hospitality Trust owns hotels and resorts in Asia, Australia, and Europe. Its strategic locations and strong management drive its performance.

Dividend Stocks – Key Diversifiers for my dividends portfolio

Now, let’s switch gears to my non-REITs dividends portfolio, which brought in $7,147. The top performers were:

1. QAF Limited, which earned $897. QAF Limited is a leading food production company in the Asia-Pacific region, known for its bakery and pork production segments, providing steady dividends through its diverse food operations.

2. NetLink NBN Trust, contributing $882. Operating Singapore’s nationwide broadband network, NetLink NBN Trust ensures consistent revenue from the growing demand for internet services, thanks to its monopoly on the fiber infrastructure.

3. STI ETF, yielding $730. The Straits Times Index ETF tracks the performance of Singapore’s top 30 companies, providing broad exposure to the Singaporean economy and a stable, diversified investment.

4. ISF ETF, delivering $598. The ISF ETF, or iShares Core FTSE 100 ETF, offers exposure to top UK listed shares, including a wide range of industries such as financials, energy, and utilities, and providing steady dividends from a diversified portfolio of 100 companies.

5. Keppel Corporation, providing $582. Keppel Corporation is a conglomerate with interests in offshore & marine, property, infrastructure, and investments. Its diversified operations contribute to its strong and consistent dividend payouts.

Fixed Income – Slow and Steady as She goes

Lastly, my fixed income portfolio earned $5,003. The top contributors were:

1. Endowus Fixed Income Portfolio – This portfolio is designed to provide steady returns through diversified fixed income investments, contributing to the overall stability and income of my portfolio.

2. Singapore Savings Bonds – Known for their safety and reliability, Singapore Savings Bonds continue to be a cornerstone of my fixed income strategy, providing a dependable source of interest income.

Adding it all up

Now, my total dividends for the first half of 2024 stand at $21,912 or around $3,650 per month. Not too shabby, but there’s still much more work to be done before I can meet my target!

As always, I reinvest these dividends immediately as part of my monthly dollar-cost averaging into quality REITs and dividend stocks. This strategy helps me compound my returns over time and build a robust portfolio.

Thank you for joining me today! If you found this post helpful, please like, and share it with fellow investors. Let’s continue this journey together towards financial independence. Until next time, happy investing!