First off, the Freedom Fund has been updated as of 31 December 2016. The full list of dividend yields from my share holdings can be viewed there.
Last month, I hit RM10K in dividend income for the year. For the last month of the year, I added another RM1,037.75, bringing the grand total for the year to RM11,429.55. The total has been adjusted slightly due to a slight miscalculation on my part. Would have liked the total to hit RM12K but it fell short. Having RM12K in dividends would’ve meant I was receiving RM1K exactly in passive income every month.
We shall start off with the dividends received in December and then move on to the year 2016 as a whole in my next post. So bear with me.
December Dividends – RM140.00
Total 2016 Dividends – RM540.00
Dividend Yield – 4.04%
Weight – 4.47% of the Freedom Fund
December Dividends – RM168.00
Total 2016 Dividends – RM168.00
Dividend Yield – 0.96%
Weight – 5.16% of the Freedom Fund
I’ve been looking at Scicom for about a year and I purchased the company’s shares back in October 2016 at RM2.08 per share. Their dividend yield of 0.96% doesn’t reflect the full year’s as I bought the shares only in October.
December Dividends – RM421.25
Total 2016 Dividends – RM421.25
Dividend Yield – 1.56%
Weight – 5.55% of the Freedom Fund
December Dividends – RM130.00
Total 2016 Dividends – RM130.00
Dividend Yield – 1.40%
Weight – 2.88% of the Freedom Fund
As with Scicom, the dividend yield for Ta Ann only takes into account the dividends received this month.
Total dividends received for the year 2016 is RM11,429.55. That’s the final number, the dividend yield – 3.84%.
Some may consider this low but don’t forget I have yet to factor in my capital gains. So come back in a few days for a grand summary of the year 2016.
Thanks for reading!