Dividend Income – December 2017

Dividend Income

The Freedom Fund has been updated as of 31 December 2017. The full list of dividend yields from my shareholdings can be viewed there.

The last month of 2017 gave me RM1,304.48 in dividends. Compared to December of 2016 – RM1,037.75. A 25.7% increase thanks to newcomers TENAGA and SCICOM.

 

Scicom (MSC) Berhad

Scicom 2017 Dividend

This Month’s Dividends – RM168

Total 2017 Dividends – RM756

Dividend Yield – 4.33%

 

Nestle Malaysia Berhad

Nestle Malaysia 2017 Dividend

This Month’s Dividends – RM140

Total 2017 Dividends – RM540

Dividend Yield – 4.04%

 

AXIS REIT

Axis REIT 2017 dividend Axis REIT 2017 dividend

This Month’s Dividends – RM556.48

Total 2017 Dividends – RM1,619.51

Dividend Yield – 4.72%

 

Tenaga Nasional Berhad (TNB)

TENAGA TNB 2017 dividend

This Month’s Dividends – RM440

Total 2017 Dividends – RM440

Dividend Yield – 3.12%

 

Purchases

I’ve added 2800 more shares of Scicom Berhad at RM1.73 each.

 

END.

The total sum of dividends received for 2017 was a grand RM15,905.71. Comparatively, I received RM11,429.55 for 2016.

A 39.2% increase in dividends.

My dividend yields have increased over the years as well – from 2.85% in 2015, 3.84% in 2016 and now, 4.69% in 2017. This is what dividend investing is all about.

I’m more than happy with a yield higher than that of our current FD rates. The goal will be to try and maintain this yield come 2018 and in the long term see it cross the 5% AND 6% mark.

I’ll have a Review of 2017 post up in the coming week(s).

As always, thank you for reading and have a great 2018!

Bitcoin and Genesis Mining ROI in Malaysia – September & October Update

Cloud Mining on Genesis

Cloud Mining Malaysia

Genesis is back and its daily payouts are as scheduled. They have however raised their minimum payout threshold to the following:

  • Bitcoin 0.0025 BTC (was 0.0020)
  • Litecoin 0.002 LTC (was 0.001)
  • Zcash 0.001 ZEC (was 0.00005)

I’ve also increased my mining powaaa in November.

Genesis Mining Allocation Dec'17
Genesis Mining Allocation Dec’17

I’ve doubled my Bitcoin, Zcash and Monero mining rates. Also increased Ether’s. The next objective is to increase Ethereum’s mining power as I see great potential in the currency.

 

Return on Investment (ROI), This is Getting Big

Dividend Magic's Cryptocurrency Portfolio 2017
Dividend Magic’s Cryptocurrency Portfolio 2017

I have to admit that I’ve kinda lost track of my Bitcoin returns. I mine it personally on my PC as well as on Genesis. But here is my total returns for 2017.

My cryptocurrency portfolio jumped from USD171.34 in October to USD628.59 today, in a short span of 2 months. Of course, this is mainly due to the recent hype in all things crypto.

Mining of crytocurrencies started out as a small personal project for me back in July this year. I started out with USD93.20 back then on Dash contracts. I’ve not put in additional money, all of my proceeds from mining has been reinvested into more mining contracts.

I should get back my initial investment of USD93.20 from Dash contracts alone next year.

NiceHash Miner Hacked

I’m sure most here are privy to the recent hacking of NiceHash. I myself have lost a chunk of unclaimed Bitcoins from mining with them. It is frustrating but I fear I will never see those coins ever again.

 

End.

My cryptocurrency portfolio currently stands at USD628.59, fluctuating every other minute as we see the currencies swing up and down.

To those that are invested, I’d recommend ignoring the swings and focusing on real, credible news. Think logically and remember, investing is always for the long term.

To those that are interested in getting in on the action, I’d suggest:

  1. Cloud Mining – I go with Genesis
  2. Purchasing and holding onto your currencies. I use Luno (My promo code: HFCCY)
  3. If you’ve got a good PC lying around, try mining it yourself using NiceHash!

If you’re planning to purchase mining contracts with Genesis, please go ahead and key in the following code: KT7r1S which gives you a 3% discount on your purchase.

A big thank you to everyone that has been using my referral code. I’ve received many many additional hash power thanks to you.

Onwards and upwards! May the currencies swing in your favor