August has been a busy month of late, hence the late dividend income update for July. The Freedom Fund only managed a total of RM1,409.95 from two companies – Aeon Credit and Scientex.
Compared to RM4,176.64 in July last year, that’s a –66.24% drop in dividends. Fret not, because last year, we had AirAsia’s special dividend come in July. We will have a special month of dividends sometime later this year.
The current dividend yield of the Freedom Fund stands at 2.85%.
I know some of you has surpassed the 3% mark. 😉
Aeon Credit Service (M) Berhad
July 2019 Dividends – RM379.95
July 2018 Dividends – RM340
Total 2019 Dividends – RM379.95
Dividend Yield (so far) –1.68%
We’re poised to go over 3% in dividend yield for the first time for Aeon Credit again this year. We did 3.18% in 2018. They’ve been on a lending spree of late and should see profitability increase.
July 2019 Dividends – RM1,030
July 2018 Dividends – RM920
Total 2019 Dividends – RM2,060
Dividend Yield – 4.64%
Scientex’s final dividend came in at RM1,030. Total dividends for the year is RM2,060. Compared to RM1,840 last year. That’s an 11.9% increase.
Scientex’s full-year dividend yield is an amazing 4.64% for me. I’ve held shares of the company since 2014 and as the business has grown, so has my dividend yields. The company’s prices are attractive right now and I might be adding some more to my portfolio.
August was a busy month for yours truly and it’ll get a little busier in the coming weeks. I’ll be on holiday but will have an article or two out before and after (hopefully).
Meanwhile, don’t forget to follow me and my holidays etc on Instagram. @dividendmagic. Next week will be a fun one.
I don’t post these on the blog and on Facebook. See you on Instagram 😉
We are at a total dividend income of RM10,348.31. Giving the Freedom Fund a yield of 2.85%.
Freedom Fund as at July 2019
Dividend Income (July) – RM1,409.95
Dividend Income (2019) – RM10,348.31
Dividend Yield – 2.85%