Dividend Income – March 2018

Dividend Income

March 2018 – RM2,166.98
March 2017 – RM455.37

That big jump in dividends is no April Fool’s joke. As mentioned in the previous post, Public Bank’s dividends came in March this year at RM204 instead of February.

However, the main reason for the increase in dividends is the one-off payment from my Goldis Preference Shares from the takeover offer a couple of months back. I received RM1,441.68.

So, did my dividend income actually increase?

YES! Even without taking into account Public Bank’s and the one-off payment from Goldis, my dividends increased by 14.48% y-o-y. Both SunREIT and Scicom paid out higher dividend amounts.

 

Sunway REIT

SunREIT Dividend Income March 2018
SunREIT Dividend Income March 2018

This Month’s Dividends – RM297.30

Total 2018 Dividends – RM297.30

Dividend Yield – 1.50%

 

Scicom Berhad

Scicom Dividend Income March 2018
Scicom Dividend Income March 2018

This Month’s Dividends – RM224

Total 2018 Dividends – RM224

Dividend Yield – 1.34%

 

Public Bank Berhad

Public Bank Dividend Income March 2018
Public Bank Dividend Income March 2018

This Month’s Dividends – RM204

Total 2018 Dividends – RM204

Dividend Yield – 1.84%

 

Goldis Berhad / IGB Corp

Goldis Preference Shares March 2018
Goldis Preference Shares March 2018

As mentioned earlier, this is a one-off payment from Goldis’ takeover of IGB Corp. I opted to receive Goldis preference shares instead of a full cash payout. You can read more about it hERE.

 

Recent Buys

I’ve made a purchase of 7,000 units of IGB REIT shares for RM1.49 each last month in light of the cheap prices of REITs.

 

End.

I’m happy with March’s dividend income. As the 1st Quarter of 2018 comes to a close, I’ve updated the Freedom Fund to reflect my gains accordingly.

How has everyone’s 1st quarter been?

To summarize,

Freedom Fund as at March 2018
Dividend Income (March): RM2,166.98
Dividend Income (2018): RM5,239.04
Dividend Yield: 1.51%

 

On a side note, I’ve received notices from Maybank and Public Bank on their upcoming AGMs. Anyone attending? Drop me a comment here or on Facebook and maybe we can arrange a small gathering.

As always, thank you for reading!

9 Replies to “Dividend Income – March 2018”

  1. First of all, congratulations great yield. Would you share how much is the capital involve in the investment – for you to obtain the Dividend Income (2018): RM5,239.04 . I am a retiree and wish to venture into investment in a small-scale. Thanks

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