It’s near the end of the reporting season for this quarter.
These are the remaining companies in my portfolio that will report in the coming fortnight: ASML, Crowdstrike, Lululemon, Micro-Mechanics, nCino, Nvidia, Sentinel One, Veeva Systems and ZScalers.
Did you catch the odd one out?
None of the above though will contribute to this quarter’s dividend.
Record Q3 Dividends
I am happy to share that similar to Q2, it’s another 5-digit dividends collected for this quarter.
In the post “Income Portfolio Quarterly Review: Singapore Banks, S-REITs, and Cash Generators”, I mentioned that if the counters are equally weighted, the overall dividend would be up 7.8% year-on-year (YOY).
However, my portfolio’s actual performance exceeded that – the collected dividends surged by a remarkable 33.3% YOY.
The former number shows that on average, the counters in my income portfolio have declared higher dividend this year.
The latter number shows that I have invested more in income counters over the past year.
Some of the notable investments made include DBS Holdings (SGX:D05), Frasers Centrepoint Trust (SGX: J69U), Mapletree Logistics Trust (SGX: M44U), Parkwaylife REIT (SGX: C2PU), NikkoAM-StraitsTrading Asia ex Japan REIT ETF (SGX:CFA), HRnetGroup Limited (SGX: CHZ), The Hour Glass Limited (SGX: AGX) and Venture Corporation (SGX:V03).
Hence, besides investing in good companies that are likely to sustain or increase their dividend, it is as important to increase our investment in these companies via reinvesting the dividends and/or capital injection.
This is how we can increase our passive income substantially over the years.