Dividend Income – November 2016

Dividend Income

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Remember remember, the 5th of November! The 11th month of the year is usually a quiet occasion for me as a dividend income investor. However, there is cause for celebration this November because its official – I’ve finally hit RM10K in dividend income for 2016.

RM10,531.80 to be exact.

I received a total of RM547.48 from both Axis REIT and Sunway REIT the past month.

Axis REIT

November Dividends – RM263.65

Total 2016 Dividends – RM1,049.06

Dividend Yield – 4.31%

Weight – 6.78% of the Freedom Fund

Dividend - Axis REIT

Axis REIT netted me RM263.65 in November, bringing the grand total for the year to RM1,049.06.

The dividend yield for Axis REIT for 2016 was a pretty disappointing 4.31% for me. Axis hasn’t been doing too well especially last year as they had to refurbish some of their old properties. Hopefully, the long term benefits start rolling in now.

Sunway REIT

November Dividends – RM283.83

Total 2016 Dividends – RM1,172.02

Dividend Yield – 5.91%

Weight – 6.72% of the Freedom Fund

Dividend - Sunway REIT

The next contributor to my November dividends is Sunway REIT, bringing in RM 283.83. The total annual dividends came up to RM1,172.02. SunREIT’s dividend yield is at a much more commendable rate compared to Axis’ at 5.91% for me this year.

The REIT has been acquiring strategic properties the past years and will definitely continue to perform.

My average purchase price of SunREIT is at RM1.46 with my purchases over the years. I’ve been looking at ‘investors’ discussing the share price recently as it increased about how they are making 1-2% gains buying and selling (speculating). What they don’t mention is the time’s they’ve lost with this method. It really cheeses me off when people brag about the good times they’re having but when the share price falls, you don’t hear a thing from them. I’m here to show that long term value investing will pay off in the long run, at RM1.72 now, I’m up by 18%!

End.

Total dividends for the year currently stands at 3.45%. I consider this a little on the low side as our risk free rate is around 4% this year. We shall see what the last month of 2016 brings in and strategize accordingly.

RM10,531.80 everyone! I’m going to relax and let that sink in over the weekend.

Sekian terima kasih. Thanks for reading!

 

Dividend Income – October 2016

Dividend Income

Happy Halloween! It might have been fright night with costumes for some of you. Or perhaps like me, you spent your Halloween at a small party at a close friend’s house. Whichever it is, with dividend income investing, your dividends trickle in no matter what. It really feels good to be able to sum up your dividends at the end of the month and watch your hardworking money work for you.

Without further ado, my October dividend update: RM800

The companies that contributed to this RM800 are only two: Malayan Banking Berhad (better known as Maybank) and Sunway Berhad.

Malayan Banking Berhad – Dividend Income

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As mentioned in my earlier post, I opted to forego my dividends from Maybank and instead traded it for shares. This is known as a dividend reinvestment plan. Through the DRP, I received 68 units of Maybank shares and the remaining RM127. However for yield calculation, we will just say I received RM620 in dividends.

Since my last post on Maybank, I’ve added quite a bit to more to my portfolio. My average purchase price is now RM8.12, market price is at RM7.81.

Yes I am currently making a loss with Maybank. However, I still believe in the bank and will continue to purchase more shares should it drop further. The total dividends received from Maybank currently stands at RM1,070 giving me a yield of 4.16%. Here’s to a better 4Q and 2017 moving forward.

Sunway Berhad – Dividend Income

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From the conglomerate that is Sunway Berhad, I received RM180 for October 2016. The dividends received in 2016 and 2015 stayed the same (not taking into account the one-time special dividend received last year). This is actually good news because Sunway Berhad actually listed their construction arm last year and this would’ve led to some loss in revenue.

Total dividends received for the year is RM396 translating to a 3.52% yield.

End.

I have no plans to dispose of any shares in both Maybank and Sunway. If the opportunity presents itself, I might even find myself adding shares to my portfolio.

As of now, the total dividends received in the year 2016 stands at RM9,844.32. My dividend yield comes in at 3.22%. I am 99% certain that I’ll be able to achieve RM10,000 in dividends this year. Maybe even RM12K, which would give me an average of RM1,000 a month.

As always, thank you for reading and for all your support. Onwards and upwards!