The Largest Dividend Payers in BPI Philippine High Dividend Equity Fund

In September 2013, BPI Asset Management released another mutual fund called BPI Philippine High Dividend Equity Fund.

I thought it would be a nice reference to see the fund's holdings, some of the highest dividend payers in Philippine equities.

As of August 30, 2013
Top Holdings:
Gross dividend yields from Bloomberg as of 12/12/13

1) PLDT (4.83% at P2,610 per share)
2) SM Investments Corp. (1.36% at P695 per share)
3) Aboitiz Power Group (5.12% at P32.45 per share)
4) Globe Telecom Inc. (4.19% at P1,600 per share)
5) Aboitiz Equity Ventures Inc. (2.65% at P54.25 per share)
6) Manila Water Co. Inc. (3.46% at P22.05 per share)
7) Manila Electric Co. (3.24% at P253 per share)
8) Universal Robina Corp. (1.32% at P114 per share)
9) BDO Unibank (1.74% at P69.10 per share)
10) Bank of the Philippine Islands (2.12% at P84.85 per share)

Source: https://www.bpiassetmanagement.com/upload/files/bpi-investment-funds/bpi%20hi%20def/BPI%20HIGH%20DIVIDEND%20August.pdf

Now before jumping in to buy these stocks, always check the other indicators like book value, P/E ratio, and dividend yield at current prices, to estimate the margin of safety of your investment.

The falling market will surely help us value investors to get better prices.

Regards, Pilifinance