Took a pretty long break during the Raya holidays, hence the kinda late post. I received a total of RM1,332.16 for the month of May.
Only two companies contributed to my dividend income last month – Malayan Banking Berhad and Nestle Malaysia Berhad.
Compared to the same month last year, I only collected RM667.52. That’s a 69.51% increase in dividends. Total dividends stand at RM7,142.72. Dividend is at a healthy 2.04% so far.
Malayan Banking Berhad
May 2019 Dividends – RM1,052.16
May 2018 Dividends – RM1,040.64
Total 2019 Dividends – RM1,052.16
Total 2018 Dividends – RM1,853.64
Dividend Yield (so far) – 3.92%
Received a total of RM1,052.16 as dividends. Some in the form of shares via Maybank’s dividend reinvestment plan. Full details of the DRIP are hERE.
Nestle Malaysia Berhad
May 2019 Dividends – RM280
May 2018 Dividends – RM270
Total 2019 Dividends – RM280
Total 2018 Dividends – RM550
Dividend Yield (so far) – 2.09%
We’ve broken the 2% dividend yield mark. Should hit 3% in a month or two. June is gonna rock!
As of the month of May, my total dividend income so far is 4% higher compared to 2018. In simpler terms, my dividends are increasing.
We are at a total dividend income of RM7,142.72 . Giving the Freedom Fund a yield of 2.04% now.
Freedom Fund as at May 2019
Dividend Income (May) – RM1,332.16
Dividend Income (2019) – RM7,142.72
Dividend Yield – 2.04 %