Dividend Income – June 2017

Dividend Income

June is an important month for me, it marks the end of the first half of the year. It’s the time when I take a closer look at my finances and investments, to assess how my year has been so far and to plan for the 2nd half. Historically, June has also always been the most productive month for me every year in terms of dividends.  Barring any unforeseen special dividends, the 6th month of the year is set to retain that title this year. By a big margin.

I raked in RM3,750.74 in dividends for June from a total of eight different companies. Last month’s dividends totaled RM393.79, which as you can tell, is roughly only 10% of June’s dividends.

This is a huge milestone for me. For one, this is the first time my portfolio has crossed the RM3K per month threshold in dividends. Secondly, comparing to last year’s RM2,392.37 in dividends, that’s a 56.8% increase.

The figure for June 2016 was increased from RM1,852.37 (in the previous article) to RM2,392.37 here as I made a minor mistake in forgetting Tune Protect’s dividend of RM540 June last year.

Moving on, we’ll have a look at the companies that contributed to my RM3,750.74 in dividends. And then at my Freedom Fund’s performance.

Sunway REIT

SunREIT Dividend Income June
Sunway REIT Dividend

This Month’s Dividends – RM296.48

Total 2017 Dividends – RM583.85

Dividend Yield – 2.94%

Weight – 6.25% of the Freedom Fund

Malayan Banking Berhad

Maybank Dividend Income June
Maybank Dividend

This Month’s Dividends – RM1,013.76

Total 2017 Dividends – RM1,013.76

Dividend Yield – 3.82%

Weight – 7.83% of the Freedom Fund

Maybank’s DRP

A couple of weeks ago, I participated in Maybank’s Dividend Reinvestment Plan and opted to receive a portion of my dividends in shares instead of cash. This is the result of that. The total RM1,013.76 in dividends includes the share portion of my dividends.

Awesome Returns

Take a look at the dividend yield, that’s 3.82% yield for me – so far! This is only the first of two dividends to be paid out this year, the other being in October. I managed to purchase the bank’s shares when it was spiraling down back in 2016.

Nestle (M) Berhad

Dividend Income June
Nestle Malaysia Dividend

This Month’s Dividends – RM260

Total 2017 Dividends – RM260

Dividend Yield – 1.94%

Weight – 3.95% of the Freedom Fund

Tune Protect

Dividend magic income july 2017
Tune Protect Dividend

This Month’s Dividends – RM561.60

Total 2017 Dividends – RM561.60

Dividend Yield – N/A (Sold)

Weight – N/A (Sold)

Homeritz Corporation Berhad

Dividend magic income july 2017
Homeritz Dividend

This Month’s Dividends – RM244.50

Total 2017 Dividends – RM978.00

Dividend Yield – 6.92%

Weight – 6.25% of the Freedom Fund

Scicom (MSC) Berhad

Dividend magic income july 2017
Scicom (MSC) Dividend

This Month’s Dividends – RM168

Total 2017 Dividends – RM336

Dividend Yield – 1.92%

Weight – 4.71% of the Freedom Fund

Cypark Resources Berhad

Dividend magic income july 2017
Cypark Resources Dividend

This Month’s Dividends – RM426.40

Total 2017 Dividends – RM426.40

Dividend Yield – 2.41%

Weight – 4.66% of the Freedom Fund

AirAsia Berhad

Dividend magic income july 2017
AirAsia Dividend

This Month’s Dividends – RM780

Total 2017 Dividends – RM780

Dividend Yield – 2.65%

Weight – 8.26% of the Freedom Fund

 

The Freedom Fund

The Freedom Fund‘s updated stats are as follows:

Gross Investment: RM295,114.52
Market Value: RM388,720.81
Dividends (2017): RM8,138.90
Cash Available: RM34,000
Capital Gain: 31.72%
IRR: 12.76%

I aim to have at least RM25,000 at all times at the ready to invest in the case of a market correction. Ideally, I’d like to have RM50,000 in in the saddle. Trying to keep myself disciplined and at the same time I’ve been keeping busy adding more stocks to my buy list.

End.

Concluding this post, total dividends for the year stands at RM8,138.90. The Freedom Fund’s dividend yield comes in at 2.76%.

Same time June last year, my total half-year dividends were only RM5,933.18. That’s a nice 37.18% increase in dividends for me y-o-y. Moving forward, I expect to break the RM10,000 in dividends mark in September.

My goal set earlier this year in my Review of 2016 was RM15,000 in dividends for 2017. It’ll be tight and achieving that goal would ultimately depend on increases in dividends from my holdings.

I’ve seen an increase in readers having started investing this year! Please do write in and let me know how you’re doing. Even if you’ve started small, don’t forget to keep track of your investments. Thank you for reading!

I’m finally on Instagram! Follow me hERE or look for me on Instagram @dividendmagic

21 thoughts on “Dividend Income – June 2017

  1. Hi Leigh

    First of all, I would like to thank you for all the guide that you made. It really motivate and teach me about investing. I just graduated and started working.

    I have opened my CDS account few months back. Currently I am still researching on what stock to purchase. However, I have a few questions on how you track the stock performance.

    1. How do you calculate dividend yield% for each company?

    2. How did you calculate capital gain and IRR?

    I just can’t seem to get how you calculated it. Hope you can shed some light on this matter.

    Thanks in advance!

    • Hey Zeph,

      Thanks for writing in!
      Congrats on the account opening. As for your questions,

      1. Dividends received / Gross investment
      2. Capital gain? It’s straightforward, ending capital balance – initial balance. As for IRR, I use excel. There’s a function to calculate IRR there but you need to input your capital as well as dividends received. (You may want to google this)

      Hope this helped!

  2. Hey Divvy, unrelated comment but I have a question: if I buy into 3 stocks at a time, say Maybank, IGB reit and AirAsia: will the RM8.48 kick in 3 times or once? If 3 times”, is it then definitely more advisable that one buys more into only one stock at a time to ensure best use of brokerage fees? That kinda kills diversification though.

    I use HLeBroking Valuetrade, if that’s of any use. Thanks!

    • Hi RD,

      Thanks for writing in!

      As far as I know, different stocks will incur different fees. It is most efficient to purchase one stock at a time at a minimum of RM7K.
      Diversification doesn’t mean buying your stocks all at once though. Hope this helped!

      • Hey, thanks for your reply man.

        Can you elaborate a little bit more on “diversification doesn’t mean buying your stocks all at once”? From what I understand, diversifying means that if all I have is say, RM7k, I shouldn’t pour all of it into a single stock but instead spread it out across different stocks from different industries. And that might mean buying into different stocks all at once. Is my understanding correct?

        • Hey RD,

          You may have RM7K now, but diversification is in terms of your full portfolio. Look at the big picture. More in terms of your networth.
          Let’s say you’re worth in total RM100K, 10% of that could be in stocks, another 90% could be every thing else. That is the first diversification ie. asset allocation.
          Next up, you diversify your stocks. 7K now in Stock A, 7K 6 months later in Stock B. You’re diversified. =D

  3. Hey Divvy,

    Really eye opening to see that dividend investor’s are truly all over the world! I’m a dividend investor in Belgium and lived in Malaysia for 5 years 🙂 I am really curious to know the amount of withholding tax which apples in Malaysia? In Belgium it’s more than 25% which is a super high amount! Of course, we do have other ”social benefits” you guys in Malaysia do not have but that’s for another topic! Any extra taxation for foreign owned companies?

    Thanks,

    CrossCountry

    • Hey Azure,

      Thanks for writing in.

      Yes I do! It’ll all be accumulated and used to purchase more stocks. I don’t necessarily reinvest them into the same stocks though.

  4. Hey Divvy, I really want to thank you!! I started to invest a little last month because I was inspired by your success. Your blog pushed me to take the initiative to really learn about stocks and it took me around 2 months to just understand the very basics of stocks trading. As for now, I can’t really say if I’m doing well or not since its only 1 month.

    • Hey Kong,

      Thank you for writing in.
      I’m stoked you’ve started investing! Yup, give your companies a year at least. And then you’ll slowly be able to make comparisons!

      Remember to keep track of your investments! I’ll be uploading my messy template soon.

  5. Your post really encourage me.
    I just start invest from last year end.
    1st half 2017 get dividend 81.75
    Estimate of dividend on 2017 is RM300.

    • Hey Li Lin,

      Good to hear from you again!
      Your dividends, if invested in good and solid companies will only increase! Take heart in that and keep increasing your holdings my friend!

      Dividends as a number are important, but what’s more important is your yield.

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