Dividend Income – November 2017

Dividend Income

For November, I received a total of RM1,438.87 in dividends.

Compared to November in 2016, that’s a 162.8% increase where I received RM547.48 in dividends.

The main contributor? Maybank and AEON Credit.

 

Malayan Banking Berhad

Maybank 2017 Dividend Income
Maybank 2017 Dividend Income

This Month’s Dividends – RM747.96

Total 2017 Dividends – RM1,761.72

Dividend Yield – 6.64% (that sweet yield)

Weight – 7.43% of the Freedom Fund

 

AEON Credit Service (M) Berhad

AEON Credit 2017 Dividend Income
AEON Credit 2017 Dividend Income

This Month’s Dividends – RM359.21

Total 2017 Dividends – RM359.21

Dividend Yield – 1.59% (Purchased in November)

Weight – 5.21% of the Freedom Fund

 

Sunway REIT

This Month’s Dividends – RM331.70

Total 2017 Dividends – RM1,204.55

Dividend Yield – 6.07%

Weight – 5.62% of the Freedom Fund

 

End.

Total dividends up to the month of November is RM14,601.23

The goal for 2017 is RM15,000 in dividends. It looks like we’ll barely make it this year! I’m expecting about RM500 in dividend income for December, a little lower than last year due to my disposal of major shares – BONIA and TAANN.

The dividend yield of my portfolio is currently at 4.39%.

To everyone that was asking for the November updates via PMs/comments, I’m really sorry as I’ve been busy as hell this month. Year-end updates coming soon!

As always, thank you for reading!

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!