We’re at the halfway mark everyone! I took a long hard look at my portfolio the Freedom Fund. It’s time to trim and spruce the fund up a little in the coming weeks. I’ll also be updating the figures next week to reflect Q2.
Moving on – Dividends. I received a total of RM1,783.04 for the 6th month of 2019 from a total of 5 companies – Axis REIT, IGB REIT, Sunway REIT, Scicom and Cypark.
Compared to June back in 2018, I received 10.48% more in dividend income. The 6 months cumulative total for 2019 also came in higher compared to 2018’s. RM8,925.76 vs RM8,003.52. Big Whoop!
The current 2019 dividend yield of my portfolio is at a nice 2.39%.
June 2019 Dividends – RM221.71
June 2018 Dividends – RM362.63
Total 2019 Dividends – RM709.19
Dividend Yield (so far) – 2.68%
June 2019 Dividends – RM647.04
June 2018 Dividends – RM667.52
Total 2019 Dividends – RM1,259.73
Dividend Yield (so far) – 3.10%
June 2019 Dividends – RM322.59
June 2018 Dividends – RM298.11
Total 2019 Dividends – RM604.11
Dividend Yield (so far) – 3.04%
June 2019 Dividends – RM112
June 2018 Dividends – RM224
Total 2019 Dividends – RM280
Dividend Yield (so far) – 1.25%
Cypark Resources Berhad
June 2019 Dividends – RM479.70
June 2018 Dividends – RM459.20
Total 2019 Dividends – RM479.20
Dividend Yield (so far) – 2.71%
A look at 2019 so far
5% Dividend Yield
The most important goal of 2019 for the Freedom Fund is to achieve a 5% yield. Looking at how it is at the halfway mark, we look to be heading in the right direction.
Markets are on the up again and I’ve been slowly building up my net cash position. I’ll be adding stocks to the portfolio soon when the markets go down.
Accumulate Dividend Aristocrats (Malaysian version)
This is a new goal and target of mine.
Let me define a Dividend Aristocrat – The Dividend Aristocrats are S&P 500 index constituents that have increased their dividend payouts for 25 consecutive years or more.
That’s the US version of a dividend aristocrat. Now you’ll be hard pressed to actually find a handful of companies on the KLSE that have been operating for more than 25 years, let alone one that have increased their dividend payouts consecutively.
Sadly, as a Malaysian, I’ll define Malaysian Dividend Aristocrats as Companies listed on the KLSE that have increased their dividend payouts for 5? consecutive years.
Or should it be 10. Lemme get some buddies together and do some research.
We are at a total dividend income of RM8,925.76 . Giving the Freedom Fund a yield of 2.39% now.
Freedom Fund as at June 2019
Dividend Income (June) – RM1,783.04
Dividend Income (2019) – RM8,925.76
Dividend Yield – 2.39%
I hope everyone else’s portfolios are doing well as we close Q2.