After the high of June’s dividends, RM552 in dividends for the month of July was lower in comparison. Same time last year, I received RM420 in dividends. A pretty decent 31.4% increase y-o-y.
Average Dividend Increase (so far) – 37%
I’ve started tracking my dividends received closely and, although I may be jumping the gun here (as it isn’t even December yet).. BUT, as of now, my monthly dividends have been increasing every month! With the exception of March because good old CBIP Berhad paid a special dividend last year.
On average, my dividends have increased 37% in 2017. Goodbye inflation, goodbye Fixed Deposits. This is why I invest in shares and companies. My returns increase with time, while ‘investments’ like FDs will stay at the 3-4% levels for years, even decades.
Full disclosure, I did add RM2,500 and RM15,000 to my investments as additional capital in December 2016 and June 2017 respectively but that hardly impacted the 37% increase in dividends.
Also, I’m not implying FDs are useless, they have their uses but are essentially useless as investment instruments.
This Month’s Dividends – RM552
Total 2017 Dividends – RM1,312
Dividend Yield – 4.48%
Weight – 19.40% of the Freedom Fund
Aeon Credit – 1,000 units
Their dividends have been increasing every year for 5 years now. However, the price has dropped by 5% since my purchase.
Tenaga – 1,000 units
Good dividends, almost a monopoly on our country’s electricity. Moving into other countries.
Their close links to the Malaysian government are a double-edged sword.
IGB Corp – 4,000 units
Highly undervalued and overlooked because of the pending offer by Goldis Berhad.
Total dividends for the year stands at RM8,690.90. My Freedom Fund currently has a dividend yield of 2.69%.
Thank you for reading!