Feb 2024 update

MilkTeaBro
02-29

Feb 2024 was not bad for me, I got 2.7% paper gain.

Chinese stocks seemed bottom out. I hold Tracker of HK, HST ETF and Emerging Market ETF VWO.

And Feb is the earning report season. Most of my dividend stocks announced expected dividend amount, except SIIC Environment.

I secured 8k dividend by today. Estimated dividend income was 18k in 2024.

To further diversify my dividend portfolio, I opened new position on P9D, Civmec, G13 Genting Singapore, 544 CSE Global and VC2 Olam Group. Civmec is up trending engineering construction company for Australia mining and offshore. Genting Singapore played kitchen-sinking strategy at Q4 2024 result. CSE global was stable dividend payment company in software and IT service industry. Olam Group profits seemed bottom out, current dividend yield was about 7%, the likelihood of being a component of STI is high. Normally blue chip stock dividend yield was lower than non-popular stock. 

$TRACKER FUND OF HONG KONG(02800)$  

$CHINA EVERBRIGHT WATER LIMITED(U9E.SI)$  

$Olam Group(VC2.SI)$  

Marching into March: How Will the Stock Market Fare?
$S&P 500(.SPX)$ has risen for 4 consecutive months. February seems to have broken the spell of its worst performance. Last year, March witnessed a bank run. This year's March also faces the test of elections. How will March fare? How do you expect March?
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