Dividend Magic

Saving and Investing towards Financial Independence in Malaysia

Dividends

Hello 2020!

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My Goals

Financial

Let’s start off with my goals set way back in 2018.

  • Dividend yield > 5%
  • Total dividends > RM20,000 p.a.

Those were the goals I set out to achieve at the start of 2019. Here’s where I am at now.

  • Dividend yield:  4.16%
  • Total dividends: RM16,322.27

As compared to 2018, both my yield and my total dividends have dropped. I can attribute this to the bad performance of some companies I hold and the markets not doing well. But at the end of the day, it is on me because I held on to those stocks and I should be ahead of the market.

So, come 2020, I’ll be sprucing up and making some changes to the Freedom Fund. Time to get the dividend yield above the 5% threshold, lock in some profits and cut some losses.

For 2020:
Fix the Freedom Fund. The aim is still 5% dividend yield per annum with the final goal being RM36,000 in total dividends every year.

Thereafter, I’d want to set aside some money to invest in riskier, high growth potential companies.

The Blog

The blog has been making steady progress over the years. Dividend Magic has officially crossed the 1 million views mark. It’ll be exciting to see how the site does in the coming years.

You may have come across a few more Sponsored Posts than usual.
I’d like everyone to know that I vet through and at the end of the day only take on jobs that I personally approve and use. So, the next time you see the tag [Sponsored], do know that it’ll probably bring some value to you.

For 2020:
I’ve made a decision moving forward to focus on quality as opposed to quantity when it comes to sponsors. I’ll be choosing to work with a select few that relate closely to investing and what I’m writing about.

Health

In the past, I’ve been focusing a lot on financial goals but I’d like to keep myself accountable on the non-financial aspects of my life as well. So the goals will be a little more personal this time around.

I’ve been hitting the gym 5 times a week now. Also, instead of the usual strength and vanity muscle workouts, I’ve been focusing on mobility and stretching.

Meditation is also a big part of my routine now. If you all want to be more productive and focused on basically everything, I highly recommend meditation. It’ll take up only 10-20 minutes of your day.

For 2020:
I’d want to continue my 5-times a week work out sessions.

Also, I’d like to make meditation a permanent routine and habit of mine. First thing in the morning and one more in the evening.

And, a better diet.

Personal

I’ll be increasing my budget for travel as well as for food moving forward. So look forward to more posts and photos like this on my Instagram.

View this post on Instagram

#buffet . #wagyu . #nais

A post shared by DIVIDEND MAGIC (@dividendmagic) on

and this

End.

This is how the Freedom Fund looks going into 2020.

Gross Investment: RM392,717.20
Market Value: RM458,476.77
Dividends (2019): RM16,322.27
Dividend Yield: 4.16%
Special Dividend: RM11,970.00

2020 would be a good year to start investing. If you’re looking to start, start hERE. If you haven’t got the funds, please start saving.

To a stellar year ahead. Onwards and upwards.

Follow me on Facebook and Instagram to keep up with my dividend income updates.

Dividend Income – December 2019

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Dividend Income

The Freedom Fund yielded a total of RM779.50 in dividends for the last month of 2019 as opposed to RM1,111.65 last year. A 29.88% decrease.

Axis REIT

December 2019 Dividends – RM327.24
December 2018 Dividends – RM437.30
Total 2019 Dividends –  RM1,015.53
Dividend Yield – 5.85%

I received an additional RM105.42 in dividends from Axis REIT not shown in the above voucher.

Sunway REIT

December 2019 Dividends – RM312.26
December 2018 Dividends – RM310.35
Total 2019 Dividends –  RM1,214.75
Dividend Yield – 6.12%

An increase in yield from 5.95% in 2018 to 6.12% this year. A win.

Nestle (M) Berhad

December 2019 Dividends – RM140
December 2018 Dividends – RM140
Total 2019 Dividends –  RM560
Dividend Yield – 4.19%

An increase in yield from 4.11% last year to 4.19% this year.

End.

I’ll have my full review of 2019 coming up soon including the goals for 2020.

Freedom Fund as at December 2019
Dividend Income (Dec) –  RM779.50
Dividend Income (2019) –  RM16,322.27
Dividend Yield – 4.16%

As always, Facebook and Instagram. Follow, keep up to date.

Dividend Income – November 2019

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Dividend Income

The Freedom Fund yielded a total of RM1,001.07 in dividend income compared to RM1,806.62 the same time last year. That’s a 44.59% decrease in dividends.

Aeon Credit Service (M) Berhad

November 2019 Dividends – RM378.25
November 2018 Dividends – RM378.25
Total 2019 Dividends –  RM758.20
Dividend Yield – 3.36%

The exact same amount of dividends received for both November 2018 and 2019. The company has been a solid performer in the Freedom Fund so far.

IGB REIT

November 2019 Dividends – RM622.82
November 2018 Dividends – RM615.37
Total 2019 Dividends –  RM2,491.92
Dividend Yield – 6.14%

One of the few darling stocks in my portfolio. The yield has dropped slightly compared to last year’s 7%.

End.

This post is coming a little late so be ready to catch my December update soon. The year-end review will be included as well.

Freedom Fund as at November 2019
Dividend Income (Nov) –  RM1,001.07
Dividend Income (2019) –  RM15,542.77
Dividend Yield – 4.16%

As always, Facebook and Instagram. Follow, keep up to date.

Dividend Income – October 2019

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Dividend Income

The Freedom Fund yielded a total of RM2,267.94 in dividend income compared to RM599.64 the same time last year.

That 278% increase in dividends is because the dividend payment from companies this year has gone haywire. Cumulatively, I’m still down about RM1K this year.

Malayan Banking Berhad

October 2019 Dividends – RM839.25
October 2018 Dividends – RM813
Total 2019 Dividends –  RM1,891.41
Dividend Yield – 4.49%

The full-year yield at 4.49% is lower compared to last year’s 6.99% as I added more units in September this year.

Genting Malaysia Berhad

October 2019 Dividends – RM288
October 2018 Dividends – 0
Total 2019 Dividends –  RM288
Dividend Yield – 1.96%

Nothing to compare to last year. Bought GENM a few months back and I’ve already got a 2% yield on it.

Many of you have messaged me with concerns on GENM regarding the management. Yes, I do share the same concerns but the company as a whole will be able to pull through. Provided no more fuck-ups by the management.

Tenaga Nasional Berhad

October 2019 Dividends – RM600
October 2018 Dividends – RM302.70
Total 2019 Dividends –  RM830
Dividend Yield – 3.19%

Comparing is useless in this instance as I purchased TNB shares this year as well. Yield has dropped a little as well compared to last year.

Nestle Malaysia Berhad

October 2019 Dividends – RM140
October 2018 Dividends – RM140
Total 2019 Dividends –  RM420
Dividend Yield – 3.14%

A slight increase in yield compared to last year. One more dividend to go in December.

Sunway Berhad

October 2019 Dividends – RM257 + RM143.65
October 2018 Dividends – RM296.94
Total 2019 Dividends –  RM709.81
Dividend Yield – 6.16%

The reason I split the October dividends is because Sunway distributed its profits in cash as well as in shares. Yield increased to 6.16% compared to 4.84% last year.

Sunway has been growing steadily and silently over the years for me and now that it hit the 6% yield mark, I think people will start paying more attention to the group.

End.

We are at a total dividend income of  RM14,541.70 . Giving the Freedom Fund a yield of 3.70%. 

Freedom Fund as at October 2019
Dividend Income (Oct) –  RM2,267.94
Dividend Income (2019) –  RM14,541.70
Dividend Yield – 3.70%

As always, Facebook and Instagram. Follow, keep up to date.

Dividend Income – September 2019

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Dividend Income

September’s total dividend tally – RM1,336.98. That’s a 25.71% reduction compared to September last year.

However, as I’m writing this now in October, I’ve gotten much more this month compared to last year. So.. not all hope is lost. Wait for my next October update.

Public Bank Berhad

September 2019 Dividends – RM198
September 2018 Dividends – RM192
Total 2019 Dividends –  RM420
Dividend Yield – 3.78%

Marginal increase, from 3.57% last year to 3.78% in 2019. An increase is still an increase.

Sunway REIT

September 2019 Dividends – RM298.38
September 2018 Dividends – RM274.18
Total 2019 Dividends (so far) –  RM902.49
Dividend Yield (so far) – 4.55%

The dividends and yield are increasing as well from Sunway REIT. One more distribution to go in December.

Homeritz Corp Berhad

September 2019 Dividends – RM489
September 2018 Dividends – RM244.50
Total 2019 Dividends –  RM855.75
Dividend Yield – 6.06%

An increase from 5.54% in 2018 to 6.06% this year.

Sunway Construction Berhad

September 2019 Dividends – RM12.60
September 2018 Dividends – RM12.60
Total 2019 Dividends –  RM25.20
Dividend Yield – 4.29%

A drop in dividend yield from 4.60% last year.

IGB Berhad

September 2019 Dividends – RM227
September 2018 Dividends – RM227
Total 2019 Dividends –  RM454
Dividend Yield – 4.30%

These are preference shares from IGB. Figures will remain constant in the years to come. I wrote about it hERE.

Scicom (MSC) Berhad

September 2019 Dividends – RM112
September 2018 Dividends – RM336
Total 2019 Dividends (so far) –  RM392
Dividend Yield (so far) – 1.76%

It’s getting from bad to worse from Scicom. I’ll be looking to offload some, if not all of my holdings and allocate it to higher-yielding companies. Depending on how the company does in the coming months.

End.

We are at a total dividend income of  RM12,273.76. Giving the Freedom Fund a yield of 3.13%. 

Freedom Fund as at September 2019
Dividend Income (Sept) –  RM1,336.98
Dividend Income (2019) –  RM12,273.76
Dividend Yield – 3.13%

As always, Facebook and Instagram. Follow, keep up to date and tengkiu.

Dividend Income – August 2019

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Dividend Income

This post is coming a little late as I was waiting to receive my dividend vouchers in the mail.

I received a total of RM12,802.23 in dividend income for August. That is in comparison to RM574.55 for the same month last year.

The huge jump as most of you know is from AirAsia’s special dividend of RM11,970. This is a one-off payment from AirAsia as they disposed of assets and I’ve made the decision to not add this to my yield.

That being said, August’s dividend income minus the one-off special dividend is RM832.21 vs RM573.55 last year. That’s a 44.85% jump.

The reason being Axis REIT paid a few days earlier this year and made the payment in August instead of September.

The current dividend yield of the Freedom Fund stands at 3.02%.
We’ve passed the 3% mark!!

Axis REIT

August 2019 Dividends – RM222.84
August 2018 Dividends – RM373.35
Total 2019 Dividends –  RM688.29
Dividend Yield (so far) – 3.96%

If you’ve been following the site, I disposed of off half of my Axis REIT shares earlier this year. So the dollar amount in dividends will be lower compared to 2018’s. Yield is about the same though.

IGB REIT

August 2019 Dividends – RM609.37
August 2018 Dividends – RM574.55
Total 2019 Dividends –  RM1,869.10
Dividend Yield (so far) – 4.60%

That’s about a 7% growth in dividends for the 3rd round of dividends. IGB REIT has been one of my best performing stock purchases for the Freedom Fund.

REITs were always intended to be a defensive stock in my portfolio but it looks like they’ve outperformed almost every other stock I have. I’ll be looking to add more REITs to my portfolio as and when the opportunity comes.

End.

We are at a total dividend income of  RM11,433.16. Giving the Freedom Fund a yield of 3.02%. 

Freedom Fund as at August 2019
Dividend Income (August) –  RM832.21
Dividend Income (2019) –  RM11,433.16
Dividend Yield – 3.02%

As always, Facebook and Instagram. Follow. Tengkiu.

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