Dividend Income – October 2017

Dividend Income

I apologize for the delayed post this time around. I realize I’m about 2 weeks late.

I received a total of RM1,454.52 in dividends for October.

That’s an 81.8% increase compared to the same month last year where I received RM800 in dividends. The difference? AirAsia!

Even with Maybank’s dividends coming in November this year instead of October, AirAsia more than made up for it with RM1,200 in dividends alone.

 

AirAsia Berhad

AirAsia Berhad 2017 Dividend
AirAsia Berhad 2017 Dividend

This Month’s Dividends – RM1,200

Total 2017 Dividends – RM1,980

Dividend Yield – 6.73% (look at that sweet yield)

Weight – 8.22% of the Freedom Fund

Sunway Berhad

Sunway Berhad 2017 Dividend
Sunway Berhad 2017 Dividend

This Month’s Dividends – RM254.52

Total 2017 Dividends – RM522.72

Dividend Yield – 4.59%

Weight – 3.69% of the Freedom Fund

End.

Total dividends up to the month of October is RM13,162.36.

Would I say we’re on track to reach 2017’s goal of RM15,000 in dividends? It’ll be close I think. But YES! Thanks to October’s outstanding performance.

The dividend yield of my portfolio is currently at 4.19%. Really glad to have surpassed that 4% yield mark, and we’re only in October.

Bask in the glory of that 4% yield!! This 4.19% is only the passive returns alone from my portfolio.

Since I’ve reduced my gross investment in the fund to only about RM25,000 this year, we should see significant growth in dividend yield moving forward.

As always, thank you for reading!

11 thoughts on “Dividend Income – October 2017

  1. Hi Dividend Magic, I’ve been following your blog for quite awhile now. I would appreciate if you can give me some basic guidance on assets allocation before stepping foot into the stock market.

    Just a brief introduction about myself, I’m a medical graduate currently waiting for housemanship. In the mean time, I’m picking up two jobs as a tuition teacher and freelance writer. I spend my remaining free time going through companies annual reports and investment books like “The Intelligent Investors”.

    I have read about your blog post on the things to know before investing in stocks. I’ve saved up a little more than RM10k as my emergency fund. My freelance writing job is paid in USD, so I’ve also earned fair amount from there.

    My question now is:
    1.) What is your opinion on holding foreign currency (USD) now?
    2.) Should I transfer the USD savings into my Msia bank account and use them to kickstart my investment journey?
    3.) Would you invest in a company with good fundamental prospects even though you have missed the rally when the price was low? (assuming price per share is higher now and will probably continue to increase)

    I am looking forward to hearing from you. Thank you so much in advance,Dividend Magic.

    • Hi,

      It’s great to see you’ve put in the effort and research before you start investing.

      1. I’d wait for MYR to strengthen or the USD to fall. If you’ve already got USD and don’t have an immediate need for it, hold it
      2. If the rates are favorable, yes!
      3. Yes definitely, if it is below my target price.

      Thanks for reading! Hope to hear more from you

  2. Hello, would like to understand whats your take on the everyone’s mention 2018 stock market crash?
    Is it still wise to buy now?

    • Hi Leong,

      A crash isnt necessarily a bad thing. Just invest in good companies and you don’t need to worry. And have some excess cash handy to capitalise in the drop in share prices.

      Thanks for reading and writing in.

      • Ya. Agree what your reply to Leong. My opinion is market crash but good/healthy company will run business as usual. Therefore, market will be recover. It just need take time.

  3. Hi, your investment portfolio looks good. But I am still clueless about shares. Is there anywhere that I can start with from your blog?

    By the way, how are you entitled for dividends?

    • Hi,

      You can begin at the Guide section on the site. It should provide you with the basics.
      You’re entitled when you own the company’s shares.

      Thanks for reading and writing in.

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