Dividend Income – September 2017

Dividend Income

I received a total of RM1,136.30 in dividend income for the month of September.

That’s a 3.1% decrease compared to the same month last year where I received RM1,172.15 in dividends.

The decrease was mainly due to a few companies giving out their dividends earlier which I placed into the August group.

September 2017’s dividend income was made up of a total of 6 different companies – Sunway REIT, Nestle, Scicom, IGB Corp, Sunway Construction and Homeritz.

 

Sunway REIT

Sunway REIT September 2017 Dividend
Sunway REIT September 2017 Dividend

This Month’s Dividends – RM289

Total 2017 Dividends – RM872.85

Dividend Yield – 4.40%

Weight – 5.59% of the Freedom Fund

 

Nestle Berhad

Nestle September 2017 Dividend
Nestle September 2017 Dividend

 

This Month’s Dividends – RM140

Total 2017 Dividends – RM400

Dividend Yield – 2.99%

Weight – 3.94% of the Freedom Fund

 

Scicom Berhad

Scicom September 2017 Dividend
Scicom September 2017 Dividend

 

This Month’s Dividends – RM252

Total 2017 Dividends – RM588

Dividend Yield – 3.37%

Weight – 4.54% of the Freedom Fund

 

IGB Corp

IGB Corp September 2017 Dividend
IGB Corp September 2017 Dividend

 

This Month’s Dividends – RM200

Total 2017 Dividends – RM200

Dividend Yield – 1.74%

Weight – 2.65% of the Freedom Fund

 

Sunway Construction

SunCon September 2017 Dividend
SunCon September 2017 Dividend

 

This Month’s Dividends – RM10.80

Total 2017 Dividends – RM19.80

Dividend Yield – 3.37%

Weight – 0.17% of the Freedom Fund

 

Homeritz Corporation

Homeritz September 2017 Dividend
Homeritz September 2017 Dividend

 

This Month’s Dividends – RM244.50

Total 2017 Dividends – RM1,222.50

Dividend Yield – 8.65%

Weight – 5.42% of the Freedom Fund

 

End.

The Freedom Fund’s dividend income has a cumulative total of RM11,707.84 as of September 2017.

We’ve officially surpassed last year’s total dividends of  RM11,429.55. Based on historical dividend income, we should be getting at least another RM2.3K in dividends for the 4th Quarter of 2017.

The dividend yield of my portfolio is currently at 3.53%. The Freedom Fund will be updated in the coming weeks as Q3 has come to a close, so stay tuned!

Thanks for reading.

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!