Dividend Income – February 2017

Dividend Income

With the 48% increase in dividends for me last month, I was of course pretty stoked and looking forward to February’s dividends.

And guess what? The anticipation wasn’t unfounded. I received RM2,081.80 in dividends for February. Compared with the same month last year where I received RM1,635.72, that’s a 27% increase.

However, the more astute and observant readers will notice that this time, Public Bank’s dividends is included in February’s dividend income. So, excluding PBBANK’s dividends, our actual increase when comparing is only about 15%. I’m in no way downplaying 15%, believe me, 15% is Wunderbar!

Homeritz Corp Berhad

Homeritz Dividend

February 2017 Dividends – RM733.50

Total 2017 Dividends – RM733.50

Dividend Yield – 5.19%

Weight – 6.52% of the Freedom Fund

A flat 20% increase in dividends from my favorite furniture making company. Revenue from exports has shot up thanks in part to the weak ringgit.

Public Bank Berhad

Public Bank Feb Dividend

February 2017 Dividends – RM192

Total 2017 Dividends – RM192

Dividend Yield – 1.73%

Weight – 3.36% of the Freedom Fund

No comparison here as I purchased PBBANK only in March last year. On track to receiving more than 3% in dividends this year though.

IGB REIT

IGB REIT Feb Dividend

February 2017 Dividends – RM885.10

Total 2017 Dividends – RM885.10

Dividend Yield – 2.95%

Weight – 10.26% of the Freedom Fund

IGB REIT’s February dividends rose by 15.5% compared to the same month last year. Prices are at an all-time high so I won’t be buying more of it for now. The retail REIT already makes up more than 10% of my total portfolio anyway.

Axis REIT

Axis REIT Feb Dividend

February 2017 Dividends – RM271.20

Total 2017 Dividends – RM271.20

Dividend Yield – 1.12%

Weight – 9.05% of the Freedom Fund

An increase of almost 5% in dividend yield from the industrial-focused REIT.  I’m expecting good things from AXIS in the coming years. The price right now is within range for me to add more units.

End.

To sum it all up, total dividends for the month is RM2,081.80. Currently, dividend yield stands at 1.04%.

Looking forward to March and then the dividends will start to slow down for a bit.

How’d everyone do for the 2nd month of 2017? Did your dividends keep up with inflation? 

10 thoughts on “Dividend Income – February 2017

  1. Hello,

    May I know what will you do if you encounter big market reset (like the one in 2008) as a long term dividend investor? Will you still hold?

    I am a long term investor and I wish to know how you react to this situation.

    Thank you 🙂 Love your blog as always.

    • Hey Jady,

      A big reset would be a treat for me. I have some cash saved up for such an occasion. Even without significant savings, I can always count on the dividends to roll in and make at least some purchases with it.
      Buying during an economic downturn is the best thing all of us can do.

      Thank you for the support! =D

      • I see. What if an investor in Japan invested in Japan Nikkei 225 during 1990 with the mindset that market will always recover in long term and keep buying even when it fall? It’s almost 3 decades now and Japan Nikkei 225 haven’t even come close to recover to it’s position in 1990. What’s your opinion about this? 🙂

        What if the next great reset in Bursa Malaysia become the next Nikkei 225? History may repeat itself, especially when we least expecting it. Do you still think that holding and continue topping up during big reset will continue to be your strategy during great recession? Let me know your opinion 🙂

        • Hey Jady,

          Sorry for the late reply.
          Yea Japan is truly an exception to the rule. There are tons of articles and readings you can read on their economy. Very interesting.

          But we can talk about what ifs and could haves all day. There will always be outliers and exceptions. What we deal with is the average.
          I will always be ready to buy during a recession or a big reset. Always. As long as a company’s fundamentals are still in place.

  2. Hi,

    As a beginner, I’m wondering if selling a stock at a higher price then repurchase the same stock at lower price is a good move? For example, as you said in your post, IGB Reit currently at all time high so you won’t add anymore. If you sell it, then repurchase it, you’ll be able to add more units. If you know when will be the EX date for the dividend, you wouldn’t miss the dividend if you acquire back the stock before the EX date. The risk is that you are waiting for the stock to have price correction but it doesn’t happened or it corrected at higher price than you expect it to be.

    I mean, if you can get that kind of opportunity, wouldn’t it be great to add more units to your stock? Hope you can share your opinion on this. Thank you.

    • Hey Dinhae,

      Well in theory, of course it would be good. It’s basically buy low and sell high lol.

      Ex-date or not, the market will correct the price. Unless u know if a dividend is higher or lower than it should be.

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