Dividend Income – June AND July 2018

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

-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

Nestle Berhad June Dividend Income 2018
Nestle Berhad June Dividend Income 2018

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.

 

Axis REIT

Axis REIT June Dividend Income 2018
Axis REIT June Dividend Income 2018

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.

 

Sunway REIT

Sunway REIT June Dividend Income 2018
Sunway REIT June Dividend Income 2018

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

Cypark June Dividend Income 2018
Cypark June Dividend Income 2018

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

Scicom June Dividend Income 2018
Scicom June Dividend Income 2018

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

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

Maybank July Dividend Income 2018
Maybank July Dividend Income 2018

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.

 

Scientex Bhd

Scientex July Dividend Income 2018
Scientex July Dividend Income 2018

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%.

Nuf’ said.

 

AirAsia Bhd

AirAsia July Dividend Income 2018
AirAsia July Dividend Income 2018

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

AEON July Dividend Income 2018
AEON July Dividend Income 2018

This Month’s Dividends – RM340

Total 2018 Dividends – RM340

Dividend Yield – 1.51%

 

CBIP Bhd

This Month’s Dividends – RM280

Total 2018 Dividends – RM700

Dividend Yield – 3.14%

 

End.

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.

To summarize,

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. 

 

14 Replies to “Dividend Income – June AND July 2018”

  1. Hi Leigh,

    Newbie here.Please bear with me for my very basic question.

    How do we know the right price to buy a stock? Is it by studying the price chart through Equities Tracker after selecting a particular company stock (through online trading)?

    Thanks!
    Mavis

  2. Hi Divvy,

    Assuming if I only have capital of RM10,000 to start off with, and I would like to go for high DY counter, should I aim for 1 high DY counter or should I diversify the fund into 2-3 high DY counters?

    Appreciate if you could share your thought on this. Thanks!

  3. I’ve just finished reading all your posts! You are inspiring me to live frugally, save and invest. I have savings and all but never really made it a goal to generate passive income from it. So thnk u for sharing your journey with us! Please do keep writing..

    1. Hi Rae,

      The yield is slightly higher because I topped up at lower prices. The total dividends increased, also because I increased my shareholding.
      Hope this makes sense to you.

  4. Hi Divvy,
    I like to know, how do you manage to get dividends on a monthly basis? In other words, when screening for stocks, do you also consider the time the dividend paid out?

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