I have loaded another 15k shares on AIMSAMP-REIT this morning. My order status was processed at 8.59am, which was a mere 1 minute short of the ex-date (today), 9.00am. Hope that AIMSAMP-REIT can recognise my VERY last minute 15k shares and grant me dividends on the 3Q distribution period.
Portfolio update as of today:
AIMSAMP-REIT: 20k
Cambridge: 7k
Starhill Global: 10k
Into the future:
As my portfolio is focused diversified, I won't look into too many stocks. My strategy is to pick only 3 stocks but are highly diversified within itself (5th criteria of my stock-picking policy). In this way, I can focus on boosting dividend yield and capital appreciation while maintaining minimal risk factor.
AIMSAMP-REIT has proposed rights issue that I believe may bring down its market price. If that happens, I would enter the market again and gobble its shares to lower down my average purchasing price. After all, what can be more fruitful to buy the highest dividend-paying REIT stock at an even cheaper price?
I am also looking for a healthcare REIT stock. This will automatically rope in First and Parkway Life REITs. I am filtering out Parkway Life for the following reasons:
1) Has too many healthcare properties in Japan which is disaster-prone
2) Current market price is a way above its NAV
3) Dividend yield is not as attractive as First REIT's
4) And besides, First REIT has proposed for rights issue which may see its price fall below its NAV again
This is the portfolio statistics as of now.
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