Dividend Income – June 2017

Dividend Income

June is an important month for me, it marks the end of the first half of the year. It’s the time when I take a closer look at my finances and investments, to assess how my year has been so far and to plan for the 2nd half. Historically, June has also always been the most productive month for me every year in terms of dividends.  Barring any unforeseen special dividends, the 6th month of the year is set to retain that title this year. By a big margin.

I raked in RM3,750.74 in dividends for June from a total of eight different companies. Last month’s dividends totaled RM393.79, which as you can tell, is roughly only 10% of June’s dividends.

This is a huge milestone for me. For one, this is the first time my portfolio has crossed the RM3K per month threshold in dividends. Secondly, comparing to last year’s RM2,392.37 in dividends, that’s a 56.8% increase.

The figure for June 2016 was increased from RM1,852.37 (in the previous article) to RM2,392.37 here as I made a minor mistake in forgetting Tune Protect’s dividend of RM540 June last year.

Moving on, we’ll have a look at the companies that contributed to my RM3,750.74 in dividends. And then at my Freedom Fund’s performance.

Sunway REIT

SunREIT Dividend Income June
Sunway REIT Dividend

This Month’s Dividends – RM296.48

Total 2017 Dividends – RM583.85

Dividend Yield – 2.94%

Weight – 6.25% of the Freedom Fund

Malayan Banking Berhad

Maybank Dividend Income June
Maybank Dividend

This Month’s Dividends – RM1,013.76

Total 2017 Dividends – RM1,013.76

Dividend Yield – 3.82%

Weight – 7.83% of the Freedom Fund

Maybank’s DRP

A couple of weeks ago, I participated in Maybank’s Dividend Reinvestment Plan and opted to receive a portion of my dividends in shares instead of cash. This is the result of that. The total RM1,013.76 in dividends includes the share portion of my dividends.

Awesome Returns

Take a look at the dividend yield, that’s 3.82% yield for me – so far! This is only the first of two dividends to be paid out this year, the other being in October. I managed to purchase the bank’s shares when it was spiraling down back in 2016.

Nestle (M) Berhad

Dividend Income June
Nestle Malaysia Dividend

This Month’s Dividends – RM260

Total 2017 Dividends – RM260

Dividend Yield – 1.94%

Weight – 3.95% of the Freedom Fund

Tune Protect

Dividend magic income july 2017
Tune Protect Dividend

This Month’s Dividends – RM561.60

Total 2017 Dividends – RM561.60

Dividend Yield – N/A (Sold)

Weight – N/A (Sold)

Homeritz Corporation Berhad

Dividend magic income july 2017
Homeritz Dividend

This Month’s Dividends – RM244.50

Total 2017 Dividends – RM978.00

Dividend Yield – 6.92%

Weight – 6.25% of the Freedom Fund

Scicom (MSC) Berhad

Dividend magic income july 2017
Scicom (MSC) Dividend

This Month’s Dividends – RM168

Total 2017 Dividends – RM336

Dividend Yield – 1.92%

Weight – 4.71% of the Freedom Fund

Cypark Resources Berhad

Dividend magic income july 2017
Cypark Resources Dividend

This Month’s Dividends – RM426.40

Total 2017 Dividends – RM426.40

Dividend Yield – 2.41%

Weight – 4.66% of the Freedom Fund

AirAsia Berhad

Dividend magic income july 2017
AirAsia Dividend

This Month’s Dividends – RM780

Total 2017 Dividends – RM780

Dividend Yield – 2.65%

Weight – 8.26% of the Freedom Fund

 

The Freedom Fund

The Freedom Fund‘s updated stats are as follows:

Gross Investment: RM295,114.52
Market Value: RM388,720.81
Dividends (2017): RM8,138.90
Cash Available: RM34,000
Capital Gain: 31.72%
IRR: 12.76%

I aim to have at least RM25,000 at all times at the ready to invest in the case of a market correction. Ideally, I’d like to have RM50,000 in in the saddle. Trying to keep myself disciplined and at the same time I’ve been keeping busy adding more stocks to my buy list.

End.

Concluding this post, total dividends for the year stands at RM8,138.90. The Freedom Fund’s dividend yield comes in at 2.76%.

Same time June last year, my total half-year dividends were only RM5,933.18. That’s a nice 37.18% increase in dividends for me y-o-y. Moving forward, I expect to break the RM10,000 in dividends mark in September.

My goal set earlier this year in my Review of 2016 was RM15,000 in dividends for 2017. It’ll be tight and achieving that goal would ultimately depend on increases in dividends from my holdings.

I’ve seen an increase in readers having started investing this year! Please do write in and let me know how you’re doing. Even if you’ve started small, don’t forget to keep track of your investments. Thank you for reading!

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

Dividend Income – November 2016

Dividend Income

sticker-anonymous-visage

Remember remember, the 5th of November! The 11th month of the year is usually a quiet occasion for me as a dividend income investor. However, there is cause for celebration this November because its official – I’ve finally hit RM10K in dividend income for 2016.

RM10,531.80 to be exact.

I received a total of RM547.48 from both Axis REIT and Sunway REIT the past month.

Axis REIT

November Dividends – RM263.65

Total 2016 Dividends – RM1,049.06

Dividend Yield – 4.31%

Weight – 6.78% of the Freedom Fund

Dividend - Axis REIT

Axis REIT netted me RM263.65 in November, bringing the grand total for the year to RM1,049.06.

The dividend yield for Axis REIT for 2016 was a pretty disappointing 4.31% for me. Axis hasn’t been doing too well especially last year as they had to refurbish some of their old properties. Hopefully, the long term benefits start rolling in now.

Sunway REIT

November Dividends – RM283.83

Total 2016 Dividends – RM1,172.02

Dividend Yield – 5.91%

Weight – 6.72% of the Freedom Fund

Dividend - Sunway REIT

The next contributor to my November dividends is Sunway REIT, bringing in RM 283.83. The total annual dividends came up to RM1,172.02. SunREIT’s dividend yield is at a much more commendable rate compared to Axis’ at 5.91% for me this year.

The REIT has been acquiring strategic properties the past years and will definitely continue to perform.

My average purchase price of SunREIT is at RM1.46 with my purchases over the years. I’ve been looking at ‘investors’ discussing the share price recently as it increased about how they are making 1-2% gains buying and selling (speculating). What they don’t mention is the time’s they’ve lost with this method. It really cheeses me off when people brag about the good times they’re having but when the share price falls, you don’t hear a thing from them. I’m here to show that long term value investing will pay off in the long run, at RM1.72 now, I’m up by 18%!

End.

Total dividends for the year currently stands at 3.45%. I consider this a little on the low side as our risk free rate is around 4% this year. We shall see what the last month of 2016 brings in and strategize accordingly.

RM10,531.80 everyone! I’m going to relax and let that sink in over the weekend.

Sekian terima kasih. Thanks for reading!