After selling a portion of our portfolio to crystallise some of the unrealised gains, it also occurred to me that the upcoming/expected dividends will go down. It’s disappointing that I seem to be taking several steps forward with the progress of our passive income by investing more cash but taking a few steps backward too with the restructuring of our portfolio. Just a quick look at the dividends and interest received in Mar 2017.
- Keppel DC REIT (AJBU): S$18
- Mapletree Logistics Trust (M44U): S$39
- Keppel REIT (K71U): S$61
- Starhill Global REIT (P40U): $10
- HPH Trust (P7VU): S$105
- Silverlake Axis (5CP): S$18
Dividend income for Mar 2017: S$251
Singapore Bank Accounts
- UOB: S$184
- OCBC: S$101
- Stan Chart/CIMB/POSB/ANZ: S$49
Australia Bank Accounts
- NAB/ANZ: S$150
Interest income for Mar 2017: S$484
Compared to one year ago in Mar 2016, we have received about S$80 more of dividend income and S$120 more of interest income in Mar 2017. It’s crawling upwards but I was expecting a bigger improvement. And things are going to get worse going forward. Our dividend income will fall significantly for a while before climbing back up as it takes time to reinvest the proceeds from the sale of shares into ETFs. Let’s not forget how the banks have been cutting bonus interest rates on certain bank accounts, which reduces the interest earned on cash savings.
Anyway, I’m getting ready for the work week ahead and looking forward to the Good Friday break. Nice to have an upcoming long weekend. We are not planning to travel anywhere since we are already going to West Coast USA (San Francisco, Yosemite, Las Vegas and Los Angeles) in May 2017. And we have been pre-booking our accommodation, car rental, shows, tours etc. Credit card bills for these 2 months are not going to be pretty. Plus it’s shaping up to be an intense week for both of us with major internal & external meetings & deadlines. Let’s just hope we get through it!