Dividend Income – August 2017

Dividend Income

The 8th month of 2017 fetched me a total of RM1,880.64 in dividends. A pretty good month I’d say.

That’s a 23.8% increase compared to the same month last year, which gave me RM1,518.99.

The total is made up of the following:

CBIP

This Month’s Dividends – RM420

Total 2017 Dividends – RM840

Dividend Yield – 3.77%

Weight – 6.61% of the Freedom Fund

 

Public Bank Berhad

This Month’s Dividends – RM162

Total 2017 Dividends – RM354

Dividend Yield – 3.19%

Weight – 2.86% of the Freedom Fund

 

IGB REIT

IGB REIT August 2017 Dividend
IGB REIT August 2017 Dividend

This Month’s Dividends – RM900.60

Total 2017 Dividends – RM1,785.70

Dividend Yield – 5.96%

Weight – 9.37% of the Freedom Fund

 

Axis REIT

Axis REIT August 2017 Dividend
Axis REIT August 2017 Dividend

This Month’s Dividends – RM398.04

Total 2017 Dividends – RM1,063.03

Dividend Yield – 4.40%

Weight – 7.74% of the Freedom Fund

 

Recent Acquisitions

August has been a relatively uninteresting month for me without any buys / sells.

My recent acquisitions back in July are already looking strong though. TNB is already up by 3% for me.

Aeon Credit has rebounded to RM12.84 per share. Things are looking good.

The next buying opportunity should come election time.

Is everyone’s’ cash / warchest at the ready?

 

Conclusion

Total dividends for the year stands at RM10,574.54. My Freedom Fund currently has a dividend yield of 3.19%.

It’s a tall order but I’ll hopefully see my portfolio pass the 4% dividend yield mark this year.

The Freedom Fund itself is doing great, it’ll be updated come the end of September (Q3).

As of right now, capital gain wise, I’m up almost 30% and the fund has for the first time passed the RM100K profit mark!