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.
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.
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.
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.