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!

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.