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.
This Month’s Dividends – RM920
Total 2017 Dividends – RM760
Dividend Yield – 3.14%
This Month’s Dividends – RM420
Total 2017 Dividends – RM420
Dividend Yield – 1.88%
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.
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!