This will be a combined Dividend Income Update for the months of June and July.
I decided to combine both because dividends this year have been pretty erratic in terms of ‘when’ they were distributed. You’ll see in a moment.
It’ll still be separated into individual months for easy reading.
June Dividend Income
June 2018 – RM1,613.94
June 2017 – RM3,750.74
A -56.97% decrease y-o-y.
Worry not, most of the dividends were distributed later in July.
Companies that paid out in June were – Nestle, Axis REIT, Sunway REIT, Cypark and Scicom.
Nestle Malaysia Bhd
This Month’s Dividends – RM270
Total 2018 Dividends – RM270
Dividend Yield – 2.02%
Nestle shares have been on a high this year. I’m up by a 120% in capital gains from my measly 200 units of Nestle shares.
Dividends from Nestle increased by 4% y-o-y. Received RM260 the same time last year.
This Month’s Dividends – RM362.63
Total 2018 Dividends – RM548.80
Dividend Yield – 2.27%
Axis REIT has been on a disappointing run. Both in share price as well as its dividend payouts.
This Month’s Dividends – RM298.11
Total 2018 Dividends – RM595.41
Dividend Yield – 3.00%
A marginal increase in dividends this time around for SunREIT. No complaints there as the dividend yield has been increasing every year.
Cypark Resources Bhd
This Month’s Dividends – RM459.20
Total 2018 Dividends – RM459.20
Dividend Yield – 2.60%
An increase in dividends from Cypark this time around. It’s yield increased from 2.41% in 2017 to 2.60% this year.
Scicom (MSC) Bhd
This Month’s Dividends – RM224
Total 2018 Dividends – RM448
Dividend Yield – 2.01%
Big increase in dividends from Scicom compared to the same months last year. The share price has taken a beating though.
July Dividend Income
July 2018 – RM4,176.64
July 2017 – RM552.00
A 656.64% increase y-o-y.
So… That’s a 650% increase in dividends for July. However, combining both June and July, we will have a 34.58% increase in dividends. I’ll show you the numbers at the end of this post.
Companies that paid out in July were – Maybank, Scientex, AirAsia, AEON Credit and CBIP.
Malayan Banking Bhd
This Month’s Dividends – RM1,064.64
Total 2018 Dividends – RM1,040.64
Dividend Yield – 3.92%
Huge, huge dividend payout from Maybank. A marginal increase from last year.
The final dividend should be paid out some time in October. We are set to see Maybank’s dividend yield go past the 7% mark this year.
This Month’s Dividends – RM920
Total 2018 Dividends – RM1,840
Dividend Yield – 5.19%
This should be all the dividends from Scientex this year. The increase in dividends compared to 2017? 40%.
This Month’s Dividends – RM1,596
Total 2018 Dividends – RM1,596
Dividend Yield – 3.85%
AirAsia more than doubled its dividends this year. I received RM780 this time last year.
Although a growth company, AirAsia’s dividends are one of the best in my portfolio.
Aeon Credit Bhd
This Month’s Dividends – RM340
Total 2018 Dividends – RM340
Dividend Yield – 1.51%
This Month’s Dividends – RM280
Total 2018 Dividends – RM700
Dividend Yield – 3.14%
As a comparison to last year’s performance for both June and July:
June & July (2017): RM4,302.74
June & July (2018): RM5,790.58
That’s a big 34.58% increase.
Freedom Fund as at July 2018
Dividend Income (June & July): RM5,790.58
Dividend Income (2018): RM12,180.16
Dividend Yield: 3.31%
The Freedom Fund’s dividend yield has already surpassed the 3% mark. And it is only July. Again, for the people that continuously ask me ‘Why not FD?’ I hope this answers your question. Again.
To recap, last year’s dividends were almost RM16K.
I know I’m aiming high right now, but we are in line to achieve RM18K in dividends this year. In fact, RM20K is entirely possible.
As always, thank you for reading! I’ll be updating the Freedom Fund page within the week or so.