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 1st Quarter – March 2017

The Freedom Fund

The end of March also marks the conclusion of the first quarter for 2017. I’ve updated the Freedom Fund accordingly. My portfolio grew from RM345,955.92 back in December 2016 to RM381,021.54. That’s a gain of RM35,065.62 or 10.14% for me. However, do note that gross investment also grew from RM297,777.83 to RM312,929.52.

I did not inject any extra capital into the fund, the additional investments came from cash reserves. I do feel the need to apologize if my figures and tables are all over the place, I’m learning as I go and always finding better ways to record. Please bear with me. I’d also greatly appreciate any advice or help or criticism with my records, so please feel free.

Acquisitions and Disposals

Earlier in February, I added 6,000 units of Axis REIT shares priced at RM1.67 each, increasing the total quantity to 20,236 shares. I disposed off Eco World shares on 22 February 2017, netting a 9.22% (RM1,194.54) net gain.  In the same month, I purchased 6,500 AirAsia shares with an average price of RM2.7578 mainly due to this. So far, Axis REIT is down to RM1.65 per share, AirAsia has shot up to RM3.13 per share.

Dividend Income 1st Quarter

So! Moving on to the whole point of this site – Dividend Income.

As usual, we will be comparing the dividends received with March 2016’s where I received a total of RM880.69 in dividends. The same month this year, I received a total of RM455.37 in dividends, a 48% decline. A few factors contributed to this new figure.

First, last year, CBIP declared a special one-time RM560 dividend. Secondly, I added Scicom Berhad to my portfolio this time around. More on that later.

Sunway REIT

Sunway REIT Dividend Income

This Month’s Dividends – RM287.37

Total 2017 Dividends – RM287.37

Dividend Yield – 1.45%

Weight – 6.53% of the Freedom Fund

Same time last year, Sunway REIT declared a RM320.69 dividend. Compared to this year’s dividend of RM287.37, that’s a 10% decrease. I’d attribute this decline to their recent acquisition of new assets. Share price and investor sentiment has remained positive for the stock.

Scicom Berhad

Scicom Dividend Income

This Month’s Dividends – RM168

Total 2017 Dividends – RM168

Dividend Yield – 0.96%

Weight – 4.91% of the Freedom Fund

I purchased shares in Scicom back in October 2016. They’re a digital solution provider for huge prominent corporations. To name a few (thank you reader CHC for providing these): Huawei, Lenovo, Pepsi, Tesco, BMW, Samsung, Astro, Airasia, Fonterra,  Singtel, Dunhill, McDonald’s, Petronas, Mandela, CTOS, Axiata, Toshiba, Digi and many, many more.

My only regret is that I didn’t purchase more of Scicom’s shares back when the price was low. As of today, the share price has reached RM2.37 and I’m up by 14% already. The dividends from Scicom are decent, I’ll probably expect a 3% yield as of now. Moving forward, I’m expecting great things from Scicom.

End.

To sum it all up, total dividends for the month is RM455.37. Currently, dividend yield stands at 1.19%. 

Looking at last year’s list, there will be even less dividends to collect in April and probably none in May.

IGB REIT’s AGM in April will be something I’m looking forward to. Also Nestle’s goody bag collection. Drop me a PM or comment and let me know if you guys are heading for those as well!

As always thank you for reading.