With the 48% increase in dividends for me last month, I was of course pretty stoked and looking forward to February’s dividends.
And guess what? The anticipation wasn’t unfounded. I received RM2,081.80 in dividends for February. Compared with the same month last year where I received RM1,635.72, that’s a 27% increase.
However, the more astute and observant readers will notice that this time, Public Bank’s dividends is included in February’s dividend income. So, excluding PBBANK’s dividends, our actual increase when comparing is only about 15%. I’m in no way downplaying 15%, believe me, 15% is Wunderbar!
Homeritz Corp Berhad
February 2017 Dividends – RM733.50
Total 2017 Dividends – RM733.50
Dividend Yield – 5.19%
Weight – 6.52% of the Freedom Fund
A flat 20% increase in dividends from my favorite furniture making company. Revenue from exports has shot up thanks in part to the weak ringgit.
Public Bank Berhad
February 2017 Dividends – RM192
Total 2017 Dividends – RM192
Dividend Yield – 1.73%
Weight – 3.36% of the Freedom Fund
No comparison here as I purchased PBBANK only in March last year. On track to receiving more than 3% in dividends this year though.
February 2017 Dividends – RM885.10
Total 2017 Dividends – RM885.10
Dividend Yield – 2.95%
Weight – 10.26% of the Freedom Fund
IGB REIT’s February dividends rose by 15.5% compared to the same month last year. Prices are at an all-time high so I won’t be buying more of it for now. The retail REIT already makes up more than 10% of my total portfolio anyway.
February 2017 Dividends – RM271.20
Total 2017 Dividends – RM271.20
Dividend Yield – 1.12%
Weight – 9.05% of the Freedom Fund
An increase of almost 5% in dividend yield from the industrial-focused REIT. I’m expecting good things from AXIS in the coming years. The price right now is within range for me to add more units.
To sum it all up, total dividends for the month is RM2,081.80. Currently, dividend yield stands at 1.04%.
Looking forward to March and then the dividends will start to slow down for a bit.
How’d everyone do for the 2nd month of 2017? Did your dividends keep up with inflation?