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 – May 2017

Dividend Income

April’s dividends were only RM277.20. Low but there was an increase so no complaints there. In May last month, my dividend income totaled RM393.79. All of which were from Axis REIT.

Compared to May last year, I had nothing in dividend income. Axis’ dividends actually came in on 31 May and I decided to capture the figures in May hereafter.

Axis REIT

Last year, Axis REIT gave me a first interim dividend income of RM263.37. Last month, I received RM393.79. That’s a 49.5% increase in dividend income for me. Please note that I increased my holdings to 20,236 units earlier in February.

Axis’ dividend per unit (DPU) increased from 2.00 to 2.04 sen. They’ve been on a buying spree which is expected to end sometime this year. They’ve recently proposed a private placement at an issue price of RM1.58 to pare down their borrowings. This should see them being able to make further acquisitions should the opportunity arise.

Not too thrilled about the RM1.58 issue price but that’s the nature of private placements here.

Axis REIT dividend income 2017
Axis REIT’s 2017 Dividends – Check out my Voucher No.

Conclusion

Total dividends for the year stands at RM8,138.90. My Freedom Fund has a dividend yield of 2.52%.

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

I’ll be away for the week on holiday. Will be updating on my Facebook as well as Instagram! See you guys there.