Dividend Income 1st Quarter – March 2017

The Freedom Fund

The end of March also marks the conclusion of the first quarter for 2017. I’ve updated the Freedom Fund accordingly. My portfolio grew from RM345,955.92 back in December 2016 to RM381,021.54. That’s a gain of RM35,065.62 or 10.14% for me. However, do note that gross investment also grew from RM297,777.83 to RM312,929.52.

I did not inject any extra capital into the fund, the additional investments came from cash reserves. I do feel the need to apologize if my figures and tables are all over the place, I’m learning as I go and always finding better ways to record. Please bear with me. I’d also greatly appreciate any advice or help or criticism with my records, so please feel free.

Acquisitions and Disposals

Earlier in February, I added 6,000 units of Axis REIT shares priced at RM1.67 each, increasing the total quantity to 20,236 shares. I disposed off Eco World shares on 22 February 2017, netting a 9.22% (RM1,194.54) net gain.  In the same month, I purchased 6,500 AirAsia shares with an average price of RM2.7578 mainly due to this. So far, Axis REIT is down to RM1.65 per share, AirAsia has shot up to RM3.13 per share.

Dividend Income 1st Quarter

So! Moving on to the whole point of this site – Dividend Income.

As usual, we will be comparing the dividends received with March 2016’s where I received a total of RM880.69 in dividends. The same month this year, I received a total of RM455.37 in dividends, a 48% decline. A few factors contributed to this new figure.

First, last year, CBIP declared a special one-time RM560 dividend. Secondly, I added Scicom Berhad to my portfolio this time around. More on that later.

Sunway REIT

Sunway REIT Dividend Income

This Month’s Dividends – RM287.37

Total 2017 Dividends – RM287.37

Dividend Yield – 1.45%

Weight – 6.53% of the Freedom Fund

Same time last year, Sunway REIT declared a RM320.69 dividend. Compared to this year’s dividend of RM287.37, that’s a 10% decrease. I’d attribute this decline to their recent acquisition of new assets. Share price and investor sentiment has remained positive for the stock.

Scicom Berhad

Scicom Dividend Income

This Month’s Dividends – RM168

Total 2017 Dividends – RM168

Dividend Yield – 0.96%

Weight – 4.91% of the Freedom Fund

I purchased shares in Scicom back in October 2016. They’re a digital solution provider for huge prominent corporations. To name a few (thank you reader CHC for providing these): Huawei, Lenovo, Pepsi, Tesco, BMW, Samsung, Astro, Airasia, Fonterra,  Singtel, Dunhill, McDonald’s, Petronas, Mandela, CTOS, Axiata, Toshiba, Digi and many, many more.

My only regret is that I didn’t purchase more of Scicom’s shares back when the price was low. As of today, the share price has reached RM2.37 and I’m up by 14% already. The dividends from Scicom are decent, I’ll probably expect a 3% yield as of now. Moving forward, I’m expecting great things from Scicom.

End.

To sum it all up, total dividends for the month is RM455.37. Currently, dividend yield stands at 1.19%. 

Looking at last year’s list, there will be even less dividends to collect in April and probably none in May.

IGB REIT’s AGM in April will be something I’m looking forward to. Also Nestle’s goody bag collection. Drop me a PM or comment and let me know if you guys are heading for those as well!

As always thank you for reading.

8 thoughts on “Dividend Income 1st Quarter – March 2017

  1. Hi Leigh! First of all, I appreciate your transparency in your blog and your mission to help people. I am very impressed and I haven’t came across any blogs like yours at the moment. I am a newbie to the investment world and I am doing all I can to maximize further my income. I couldn’t be more grateful to bump into your blog at this time because this is a great platform to have open discussions. I can’t wait to read all your posts and learn as much as I could.

    I have just finished reading an investment book by Tony Robbins and probably you might be the next Tony Robbins in Malaysia 🙂 In his book, he highlighted the importance of compounding interest. It seems like in the US, they have an account with attractive compound interests rates. So, they could just dump their money in there and enjoy the compound rates.

    I am very interested in the compounding theory and I don’t see anything works here like in the US. FDs are just not attractive and your suggestion to Maybank GIA-i is a very good alternative.

    I recall your written quote here:”To embrace the power of compounding, reinvesting your dividends is key.”
    I couldn’t agree more with you here. My question is, are there any other ways for us to fully utilize the power of compounding? Or reinvesting from what we earned (like the dividends) is the best strategy?

    Thank you for reading my super long, first time post!

    • Hey Mavis,

      Thank you for your kind words. Much appreciated. Though I doubt I’ll be anywhere near Tony Robbins’ level.
      I’m glad you came across the site as well 🙂

      I think the account you’re referring to is their 401K retirement account. Sort of like our EPF.
      Our FDs are actually quite alright but GIA is better in terms of flexibility.

      Lol I said that? ”To embrace the power of compounding, reinvesting your dividends is key.”
      Well, there is no compounding if there is no time. Which is why I’m here to get as many Malaysians to start young and start early. Time really is our greatest asset.
      Investing and then reinvesting is the best form of compounding in my humble opinion.

      Hope this helped! And please do write in more often! I love long posts.

    • You might want to reconsider doing what this guy is doing if you’re a young person (< 40) from the US. If you look at his portfolio and its returns, you'll notice the major returns are driven by capital gains. You do not want to do a dividend-driven portfolio if you want higher returns, especially with the tax treatment for dividends in the US. I caution you against copying his portfolio since the author is not transparent in his stock-picking methodology as well as being near 100% in stocks. Currency risk is another issue.

      • Hey WL,

        Thanks for writing in! Yea it’s true the US taxes you on capital gains, we’re really lucky as Malaysians.
        Also, don’t think Mavis is considering US stocks. Just mentioned Tony Robbins only.

        Btw are you referring to me not being transparent in my stock-picking methodology as well as being near 100% in stocks?

  2. Hi there, I noticed in your Sunway REIT Dividend voucher the RM1.67 amount is TAXABLE. From what I understand Dividend income is not taxable right? Could you please enlighten us on the NON-TAXABLE & TAX EXEMPT part too. Thank you!

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