LGRT Sep 15 Report Card - Steady Dividends

	Name	Portfolio %	Average price ($)	Div Yield on cost
1	Singtel	15.26%	3.69	4.74%
2	M1	15.56%	3.63	5.20%
3	Raffles Medical	9.11%	4.13	1.09%
4	SATS	8.57%	3.11	4.50%
5	Parkway Life	6.45%	2.34	4.83%
6	Sembcorp Industries	6.28%	4.56	3.51%
7	Colex	5.83%	0.321	1.56%
8	StarHub	5.58%	4.05	4.94%
9	Design Studio	5.44%	0.54	12.01%
10	CapitaMall Trust	5.36%	1.95	5.59%
11	Vicom	4.16%	6.04	4.35%
12	Sheng Siong	3.56%	0.68	4.48%
13	UOB	3.18%	23.05	3.90%
14	DBS	2.45%	23.06	3.38%
15	Old Chang Kee	2.39%	0.87	1.73%
16	SIIC Environment	1.38%	0.20	0%


Expected Annual Dividends: $3,667 ($266/month)

Dividend Yield: 4.40%

Actions:

Sold off Thai Beverage to lock in gains (it was taking less than 5% of my portfolio anyway) and freed it for other investments.

Bought Singtel at $3.50 as I thought it was still a solid business.

Dividends increased:

Monthly dividend increased to $266/month from $254/month due to the purchase of Singtel and selling of Thai Beverage which is a low yielding stock.

Focus:

In this volatile period, I'll be continuing to focus on good businesses (3 local banks) with considerable dividend yield, and Telcos. I'll also pick up Sheng Siong should it fall to the 60 cents range (though I doubt so). 

Looking to offload OCK and SIIC (both low yields) when prices are right. But since they hold some portion of my portfolio, I've no qualms about holding them.