Portfolio Update: Achieved a $1 Million Stock Portfolio

Thanks to the better prospects of my US REITs and higher dividends, I have seen a run up in prices.

Aided by my decision to take up the Dividend Reinvestment Plan (DRP) for United Hampshire and Lendlease REIT, I have comfortably exceeded the $1 million mark. Besides the DRP, I have bought more United Hampshire and LINK REIT from the few sales in NTT DC REIT which has returned to near its US$1 IPO pricing and Far East Hospitality Trust. 

$60,000 Annual Dividend To be Achieved in 2026

With expectations of further rate cuts in USA, both United Hampshire and KORE looks set to report higher distributable income. This means higher dividends. 

For Utd Hampshire, it looks set to dish out 4.5 US cents in 2026, while KORE should be a 2 US cents yielder. 

For PRIME, it is now definitely safe. The company had recently announced private placement to obtain the cash to execute tenancy improvements for new leases it will be signing on. PRIME has guided to give at least 50% in distribution from next year. I estimate this means annual 1.8 US cents dividend when the new leases start to generate cash rent.

All these adds to a $60,000 annual dividend portfolio.

Alibaba

Alibaba has gained in share price and this has greatly aided me in securing a $1 million stock portfolio. I am still holding to my Alibaba shares. 

Alibaba is not just an e commerce stock, but one which has data centres, a suite of AI services; similar to the value proposition Amazon holds to USA (an e commerce and software services provider).

For Amazon, its price earnings has been at 30-34 times. As Alibaba holds the same value proposition. A 30 times price earnings is possible. At HKD$171, Alibaba's current P/E is 20, hence, further upside of 50% is where I target Alibaba to be worth (Target price: $250)

United Hampshire US REIT

Returns wise, since my challenge to property agents, United Hampshire REIT has provided 4 US cents capital gain + 4.1 US cents in dividend. That is a 18.0% returns in less than a year. 

For next year, the REIT is likely to give 4.5 US cents dividend, which makes it a 9% dividend yield on current price. I am expecting 9 US cents (capital gains+ dividend) at end of 2026 

I would stop tracking the dividend for this year because of DRP and premature granting of dividend by PRIME. Re-counting will be done from 1 Jan 2026.