Dividend Income – January 2018

Dividend Income

Dividends, dividends, dividends!

January 2018 – RM1,340
January 2017 – RM1,180

An increase of 13.56%.

Same companies – Scientex Berhad and CBIP Berhad.  The increase was contributed by Scientex alone, giving out RM920 compared to the RM760 last year. CBIP’s dividends remained constant at RM420.

 

Scientex Berhad

Dividend Income January 2018 Scientex
Scientex Berhad Dividend Income – January 2018

This Month’s Dividends – RM920

Total 2017 Dividends – RM760

Dividend Yield – 3.14%

 

CBIP Berhad

Dividend Income January 2018
CBIP Berhad Dividend Income – January 2018

This Month’s Dividends – RM420

Total 2017 Dividends – RM420

Dividend Yield – 1.88%

 

End.

Pretty straightforward stuff for the first month of 2018. Same two companies, one increasing its dividends while the other’s remained the same.

Scientex is expected to continue to contribute heavily to my portfolio’s dividend income this year.

Last year, with RM1,312 in dividends, Scientex’s dividends made up almost 10% of the Freedom Fund’s total dividend income. The 21% increase in dividends by Scientex came as a surprise as I only expected a small hike in dividends this time around.

To summarize,

Freedom Fund as at January 2018
Dividend Income (January): RM1,340
Dividend Income (2018): RM1,340
Dividend Yield: 0.4%

Last but not least, a Happy Chinese New Year to everyone! Onwards and upwards!

One Reply to “Dividend Income – January 2018”

  1. Hi Divvy. Hoping to get your thoughts on AXIS reit stock price. Its been in sort of a free fall since late last year. Thank you in advance.

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