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!

 

Dividend Income – July 2017

Dividend Income

After the high of June’s dividends, RM552 in dividends for the month of July was lower in comparison. Same time last year, I received RM420 in dividends. A pretty decent 31.4% increase y-o-y.

Average Dividend Increase (so far) – 37%

I’ve started tracking my dividends received closely and, although I may be jumping the gun here (as it isn’t even December yet).. BUT, as of now, my monthly dividends have been increasing every month! With the exception of March because good old CBIP Berhad paid a special dividend last year.

On average, my dividends have increased 37% in 2017. Goodbye inflation, goodbye Fixed Deposits. This is why I invest in shares and companies. My returns increase with time, while ‘investments’ like FDs will stay at the 3-4% levels for years, even decades.

Full disclosure, I did add RM2,500 and RM15,000 to my investments as additional capital in December 2016 and June 2017 respectively but that hardly impacted the 37% increase in dividends.

Also, I’m not implying FDs are useless, they have their uses but are essentially useless as investment instruments.

Moving on.

Scientex Berhad

Scientex Dividend Income July 2017
Scientex Berhad’s July 2017 Dividend

This Month’s Dividends – RM552

Total 2017 Dividends – RM1,312

Dividend Yield – 4.48%

Weight – 19.40% of the Freedom Fund

Recent Buys

Aeon Credit  1,000 units

Their dividends have been increasing every year for 5 years now. However, the price has dropped by 5% since my purchase.

Tenaga – 1,000 units

Good dividends, almost a monopoly on our country’s electricity. Moving into other countries.

Their close links to the Malaysian government are a double-edged sword.

IGB Corp – 4,000 units

Highly undervalued and overlooked because of the pending offer by Goldis Berhad.

Conclusion

Total dividends for the year stands at RM8,690.90. My Freedom Fund currently has a dividend yield of 2.69%.

Thank you for reading!