I decide to value add to users of my Dividend Stock Tracker.
For new readers, the Dividend Stock Tracker tracks some of Singapore best yielding dividend stocks, enabling you to see the stocks’ dividend yield change with daily change in stock prices , latest stock valuation based on PE, EV/EBITDA and how leveraged the dividend stocks are. (Read more here)
Dividend Distribution Frequency
I think one of the problems readers faced is that when viewed the list on my tracker, they will still need to go to SGX.com to find out the frequency of distribution.
The frequency can be pretty consistent, but it needs manual updates on my end. But I will work out a schedule to keep it up to date weekly.
If you click on each stock, at the bottom remarks, you will see the historical dividend date and amount.
You will be able to estimate the frequency of the ex dividend dates and the proportion of distribution.
Alert: The dates and amount is based on historical declaration. Dividends are discretionary and a company can change their dividend policy readily. Use it as a guide not that you will definitely get it.
Removal of SBS Transit
I will be doing some spring cleaning and the first task is to remove SBS Transit from the tracker.
SBS used to be a smashing dividend stock, but like SMRT, it will not die, but that does not mean it can pay out a steady dividend.
Inclusion of Venture Corporation
I decide to add a large tech company to the mix. Venture is a contract manufacturer who has been paying a consistent $0.50 dividends for the past years.
The payout ratio is like near 100% of earnings.
Drizzt,
Does your tracker get updated automatically? On mine, Singpost always stays the same at $1.015, while the actual quote has gone up to over $1.1.
Anthony
should be able to anthony! i have singpost in my portfolio and its yahoo prices is updating as 1.14!
May I know where you get the numbers? Eg. Free cash flow yield
Thanks.
hi John, the free cash flow is calculated from net operating cash flow – capex from the annual reports. you will see that it doesn’t quite match the dividend yield because it is only using the last year’s figures. sometimes the dividends get bump up or gets reduced
Venture Corp looks good, especially with the dividend yield of 7%, and its good balance sheet and cash flow statements.
But I’m just wondering, isn’t it negative that the company, especially a tech company is paying out 100% earnings as dividends? It means that they have no other place to invest it and expand the business.
hi James, it depends on the stage of the business it is in. in this sense, their cash flow might be generating pretty well. picture Oracle or Apple with their huge cash hold. they can use it for their acquitisions but if they do not need so much isn’t it best to pay it out?
in the case of Venture, they are really matured, and paying out may not be the best proposition for them. however, the management may not have seen a good acquistion or spooked by the last GES acqusition.
Hi Drizzt,
Great work on the tracker! Btw, I see you’ve added Semb Corp but not Keppel Corp, it’ll be great to see the big blue in your tracker beside Semb Corp! Thanks!
hi Matt, i am thinking of KepCorp and perhaps i will add it.