Friday, September 18, 2020

Passive Income in 3Q 2020


With a blink of an eye, almost 9 months of 2020 have passed by. 

In third quarter of 2020 from July to Sep, I have collected the following streams of interests from savings bonds and dividends. 

$107.00 SSB (1 Jul)
$87.00 Mapletree Ind (28 Jul)
$581.60 Ascendas Reit (27 Aug)
$76.65 Suntec Reit (27 Aug)
$83.76 Ascott Reit (28 Aug)
$334.00 Capcom Trust (28 Aug)
$164.58 Capmall Trust (28 Aug)
$141.91 Keppel Reit (28 Aug) SRS
$101.00 SSB (1 Sep) 
$235.00 ST Engineering (2 Sep) SRS
$327.90 Far East Orchard (4 Sep)
$576.00 Aims Apac Reit (17 Sep)

That add up to $2,816.40 of passive income for 3Q 2020.

My passive income in the first half 2020 is $7,343.82

Hence, my passive income for 9 months of 2020 has surpassed $10k!

This is supposed to be the quarter most heavily affected by the health pandemic. In my portfolio, several companies such as Comfortdelgro, SATS have not been able to pay dividends while retail and commercial REITs have seen their DPU slashed by more than 50%.

This crisis is a good test for investors like us to understand which counters in our portfolio are most resilient and allow us to reposition our portfolio for the future, especially if our objective is to build a steady source of dividend income. We should have already known the answers from the V shaped recovery of several counters. 

Thanks for reading. 

With love and peace, 
Qiongster




No comments: