A list of my past dividend income and updates can be found below:
- Dividend Income Update 2019
- Dividend Income Update 2018
- Dividend Income Update 2017
- Dividend Income Update 2016
- Dividend Income Update 2015
- Dividend Income Update 2014
- Where it all started – April 2014
December
Freedom Fund as of December 2020
Dividend Income (Dec) – RM351.47
Dividend Income (2020) – RM15,415.64
Dividend Yield – 3.54%
You’ll notice a drop in dividend yield compared to November as I added and sold stocks.
As always, Facebook, Instagram, and now YouTube! Follow, keep up to date.
Acquisition and Disposals
Added more QL Resources, TGUAN. Sold BURSA and some DSONIC.
Axis REIT
December 2020 Dividends – RM211.47
December 2019 Dividends – RM221.82
Total 2020 Dividends – RM726.01
Dividend Yield – 4.18%
Nestle (M) Berhad
December 2020 Dividends – RM140
December 2019 Dividends – RM140
Total 2020 Dividends – RM560
Dividend Yield – 4.19%
November
Freedom Fund as of November 2020
Dividend Income (Nov) – RM960.04
Dividend Income (2020) – RM15,064.17
Dividend Yield – 3.53%
Received RM960.04 for November from a total of 2 companies.
Acquisition and Disposals
Bought 1,000 units of TENAGA, lowering my average buy price to RM11.7950 per share.
Also bought a little more TGUAN as it went way down during November.
Bought MYEG for RM1.54 per share.
Bought and sold BURSA for some quick gain as it went above my valuation.
Sold off some MAYBANK and PBBANK shares, taking a little profit along the way.
Thoughts
As can be seen from my buy and sell transactions above, I’m still actively purchasing shares as they fall below my valuations. I’m also freeing up some money as I am building up and maintaining my cash position of about 10-15% of my portfolio right now.
IGB REIT
November 2020 Dividends – RM701.47
November 2019 Dividends – RM622.82
Total 2020 Dividends – RM2,144.76
Dividend Yield – 4.14%
Sunway REIT
November 2020 Dividends – RM258.57
November 2019 Dividends – RM312.26
Total 2020 Dividends – RM1,081.05
Dividend Yield – 2.32%
October
Freedom Fund as of October 2020
Dividend Income (Oct) – RM1,530.48
Dividend Income (2020) – RM14,104.13
Dividend Yield – 3.30%
As always, Facebook, Instagram, and now YouTube! Follow, keep up to date.
Received RM1,530.48 for October from a total of 7 companies!
Acquisition and Disposals
Bought both Thong Guan (TGUAN) and Tenaga in October. The price and amount will be updated when I do the year end review.
I sold some Scientex AGAIN in October to lock in profit. Hoping to buy back if and when prices dip in the future.
Also sold off Aeon Credit to free up some cash. Including dividends received, a small gain of 2.78% was recorded.
Thoughts
Just like current market conditions, my portfolio and dividends have taken a hit in 2020. Looking to at least get close to last year’s RM16,322.27 in dividends. We’re only at RM14,104.13 today.
That being said, I am still grateful to be able to continue getting dividends this year. And also thankful that the portfolio is still in the green as of this moment. It’s a race towards the end of 2020!
Nestle Malaysia Berhad
October 2020 Dividends – RM140
October 2019 Dividends – RM140
Total 2020 Dividends – RM420
Dividend Yield – 3.14%
Axis REIT
October 2020 Dividends – RM203.28
October 2019 Dividends – RM221.82
Total 2020 Dividends – RM514.54
Dividend Yield – 2.96%
Datasonic Group Berhad
October 2020 Dividends – RM78.50
October 2019 Dividends – RM –
Total 2020 Dividends – RM78.50
Dividend Yield – 0.40%
QL Resources Berhad
October 2020 Dividends – RM67.50
October 2019 Dividends – RM –
Total 2020 Dividends – RM67.50
Dividend Yield – 0.46%
Tenaga Nasional Berhad
October 2020 Dividends – RM660
October 2019 Dividends – RM600
Total 2020 Dividends – RM2,060
Dividend Yield – 5.50%
CB Industrial Product Holding Berhad
October 2020 Dividends – RM280
October 2019 Dividends – RM280
Total 2020 Dividends – RM560
Dividend Yield – 2.51%
Aeon Credit (M) Berhad (SOLD)
October 2020 Dividends – RM101.20
September
Freedom Fund as of September 2020
Dividend Income (Sept) – RM459.50
Dividend Income (2020) – RM12,573.65
Dividend Yield – 2.84%
As always, Facebook and Instagram. Follow, keep up to date.
Received a total of RM459.50 in dividend income for September. A drop compared to 2019’s RM1,336.98. We missed out on PBB, Homeriz and Scicom’s dividends.
Note: Amended dividends and yield a little as I forgot to take into account dividend from stocks I sold. Also amended the Freedom Fund’s latest update.
I know many of you have been asking for my list of purchases and disposals. I’ll try my best to list them all down here as well as the reasons for said transactions.
Disposals
Duopharma
I sold 7,000 units of Duopharma stocks, taking an estimated 200% profit. Will be looking closely at this company in the coming weeks/months to maybe purchase more or dispose of all my holdings.
Homeriz
I’ve also disposed of all my Homeriz stocks with a 37% gain. I’ve been holding this one since 2014 and its been a pretty good ride with decent dividends. Reason for the disposal is that I want to free up some cash and cut my portfolio down a little.
Scicom
This one hurts. Holding Scicom since 2016, sold all for a 43% loss. I though I understood the company well and the industry but lesson learnt. Will not be looking at them any time soon.
Scientex
Scientex has always been my diamond in the rough. A true gem and I’ve recently disposed of some 2,000 units. Took a profit of around 125%. I still hold 9,800 units of Scientex and will continue to hold for the long term. Will of course be on the look out for when the price drops to add more to my portfolio.
Purchases
Bursa
Purchased 1,500 units of our very own bourse. Looking to hold this one for the long term and I’m hoping that the participation of retail investors will continue long after the pandemic is over.
Dsonic
Bought this one in anticipation of some projects. Dipping my toe in this new industry and learning a lot from my peers and members from our FB group.
QL Resources
I’ve been looking at QL for the longest time, if I recall I did actually own some shares of QL previously but sold it off. Would’ve made a handsome profit if I continued to hold the shares. Shoulda, woulda, coulda.
I like the management, they’re in a very steady industry and you know – Family Mart.
Thoughts
So those are my disposals and my purchases from March to September 2020. I’ll be looking to start discussions on individual stocks on my YouTube channel very soon. If you haven’t already, please do subscribe and I’ll see all of you there.
Now on to September’s dividend income!
Genting Malaysia Berhad
September 2020 Dividends – RM228
September 2019 Dividends – RM288
Total 2020 Dividends – RM760
Dividend Yield – 4.40%
Sunway Construction Berhad
September 2020 Dividends – RM4.50
September 2019 Dividends – RM12.60
Total 2020 Dividends – RM4.50
Dividend Yield – 0.77%
IGB Berhad
September 2020 Dividends – RM227
September 2019 Dividends – RM227
Total 2020 Dividends – RM454
Dividend Yield – 4.30%
August
Freedom Fund as at August 2020
Dividend Income (Aug) – RM872.67
Dividend Income (2020) – RM12,114.15
Dividend Yield – 2.71%
As always, Facebook and Instagram. Follow, keep up to date.
Received a total of RM872.67 in dividend income for August. A slight increase compared to 2019’s RM832.21. A 5% increase.
Thoughts
With Q4 closing in fast, I’m keen to see my investment portfolio reach the 3% mark in dividend yield. Pretty sure we won’t be able to surpass 2019’s yield of 4.16%, but you never know!
I think markets will continue to be volatile and stock prices do not accurately reflect the Malaysian economy right now. This is the first time I’m seeing such market enthusiasm during a pandemic and when businesses all around us are closing down.
I’ll continue to hold on to more cash as I sell off some positions. I’m looking to purchase more Real Estate Investment Trust (REITs) stocks and a few good companies I’m currently holding right when the price is right.
As I’ve mentioned a few times, my Malaysian portfolio will be built and centered around dividends right now. While my US stock portfolio will be more focused on growth and capital gains.
Duopharma Biotech Berhad
August 2020 Dividends – RM500.00
August 2019 Dividends – N/A
Total 2020 Dividends – RM500.00
Dividend Yield – 3.55%
I’ve been selling off this stock and taking profit over the past few weeks/months. All in all, I’ve probably made close to 200% profit on average from the aforementioned sell off.
IGB REIT
August 2020 Dividends – RM207.01
August 2019 Dividends – RM609.37
Total 2020 Dividends – RM1,443.29
Dividend Yield – 2.78%
Sunway REIT
August 2020 Dividends – RM515.66
August 2019 Dividends – RM298.38
Total 2020 Dividends – RM822.48
Dividend Yield – 1.77%
July
Freedom Fund as at July 2020
Dividend Income (July) – RM1,722.67
Dividend Income (2020) – RM11,241.48
Dividend Yield – 2.62%
As always, Facebook and Instagram. Follow, keep up to date.
Received a total of RM1,722.67 in dividends for July this year. Comparatively, in 2019, I received RM1,409.95. That’s a 22% increase.
To compare against last year’s performance, I’ve compiled and combined all 2019’s dividend income update hERE.
With the interest rates in Malaysia at an all-time low right now, conventional FD’s are no longer attractive. It is times like these that strong, stable companies with their consistent dividend payments shine. We are only in July and my yield is already above the board rate.
Aeon Credit Service (M) Berhad
July 2020 Dividends – RM154.00
July 2019 Dividends – RM379.95
Total 2020 Dividends – RM154.00
Dividend Yield – 1.22%
Aeon Credit has been hit hard in Q2. Will be looking to maybe trim down a little to pounce on future buying opportunities.
Scientex Berhad
July 2020 Dividends – RM1,180
July 2019 Dividends – RM1,030
Total 2020 Dividends – RM2,210
Dividend Yield – 4.05%
Dividends increased a little as I added more units of Scientex to my portfolio during the MCO period.
The company has managed to keep their dividend payments unchanged amidst the Covid-19 pandemic.
Axis REIT
July 2020 Dividends – RM198.67
July 2019 Dividends – RM221.71
Total 2020 Dividends – RM311.26
Dividend Yield – 1.79%
Genting Malaysia Berhad
July 2020 Dividends – RM190.00
July 2019 Dividends – RM –
Total 2020 Dividends – RM532
Dividend Yield – 4.73%
June
Freedom Fund as at June 2020
Dividend Income (June) – RM112
Dividend Income (2020) – RM9,518.81
Dividend Yield – 2.27%
Dividend for 2020 has also gone a little haywire I guess. May’s dividend income was exceptionally high and now in June, as expected, I’m experiencing an unprecedented low.
However, cumulatively, dividends for 2020 are still higher compared to 2019.
Scicom (MSC) Berhad
June 2020 Dividends – RM112
June 2019 Dividends – RM112
Total 2020 Dividends – RM280
Dividend Yield – 1.25%
May
Freedom Fund as at May 2020
Dividend Income (May) – RM5,155.98
Dividend Income (2020) – RM9,406.81
Dividend Yield – 2.24%
As investing sentiment improves together with the gradual lifting of Malaysia’s MCO, my portfolio has seen some improvements as well.
I received a total of RM5,155.98 in dividend income for the month of May, a huge increase compared to last year. In fact, The Freedom Fund is at 2.24% in dividend yield right now. Companies that contributed were Maybank, TNB, Nestle and IGB REIT.
Malayan Banking Berhad
May 2020 Dividends – RM2,830.23
May 2019 Dividends – RM1,052.16
Total 2020 Dividends – RM2,830.23
Dividend Yield – 4.77%
The increase in dividends was due to my additional purchase of Maybank shares. However, the amount and yield has definitely increased, the total yield for the whole of 2019 was 4.49%. We’ve already surpassed it with the first dividend of 2020.
Tenaga Nasional Berhad
May 2020 Dividends – RM1,400.00
May 2019 Dividends – RM230.00
Total 2020 Dividends – RM1,400.00
Dividend Yield – 5.38%
TNB paid out more this time around as this round’s dividend includes a special dividend.
Nestle (M) Berhad
May 2020 Dividends – RM280.00
May 2019 Dividends – RM280.00
Total 2020 Dividends – RM280.00
Dividend Yield – 2.09%
IGB REIT
May 2020 Dividends – RM645.75
May 2019 Dividends – RM647.04
Total 2020 Dividends – RM1,236.28
Dividend Yield – 2.38%
April
Freedom Fund as at April 2020
Dividend Income (Apr) – RM1,686.39
Dividend Income (2020) – RM4,250.83
Dividend Yield – 0.97%
The Freedom Fund has taken a hit due to recent events. Capital wise, we’ve moved into the positive range as of 30 April and no longer in the red.
If you’ve been following my Facebook and Instagram, you would’ve been able to pick up on some buys I have made during the MCO.
The most recent being DPHARMA and additional units of MAYBANK and SUNREIT.
However, if you’ve missed it, I will be updating my portfolio in June as per usual. So fret not.
Scicom (Msc) Bhd
April 2020 Dividends – RM168
April 2019 Dividends – RM168
Total 2020 Dividends – RM168
Dividend Yield – 0.75%
Same amount in dividends received as last year. Same amount of disappointment. Awaiting some good news from Scicom.
IGB Berhad
April 2020 Dividends – RM227
April 2019 Dividends – RM227
Total 2020 Dividends – RM227
Dividend Yield – 2.15%
The same amount will be expected from IGB’s preference share every year. No surprises here.
Public Bank Berhad
April 2020 Dividends – RM560
April 2019 Dividends – RM222
Total 2020 Dividends – RM560
Dividend Yield – 2.23%
The huge increase is due to my recent addition of 800 units of Public Bank shares.
Genting Malaysia Berhad
April 2020 Dividends – RM342
April 2019 Dividends – N/A
Total 2020 Dividends – RM342
Dividend Yield – 3.04%
I bought the shares after April 2019 so there’s nothing to compare to.
Sunway Berhad
April 2020 Dividends – RM389.39
April 2019 Dividends – RM309.12
Total 2020 Dividends – RM389.39
Dividend Yield – 3.34%
A 25% jump in dividends received . =D
March
Freedom Fund as at March 2020
Dividend Income (Mar) – RM663.91
Dividend Income (2020) – RM2,564.44
Dividend Yield – 0.61%
I received a total of RM663.91 in dividends for the month of March from the companies – Homeritz, Axis REIT and Sunway REIT.
The dividend schedule of companies are all messed up again thanks to the Covid-19 virus.
Homeritz Corporation Bhd
March 2020 Dividends – RM244.50
March 2019 Dividends – RM366.75
Total 2020 Dividends – RM244.50
Dividend Yield – 1.73%
Axis REIT
March 2020 Dividends – RM112.59
March 2019 Dividends – RM243.74
Total 2020 Dividends – RM112.59
Dividend Yield – 0.65%
Sunway REIT
March 2020 Dividends – RM306.82
March 2019 Dividends – RM281.52
Total 2020 Dividends – RM306.82
Dividend Yield – 1.55%
All Aboard the Dividend Train
On a side note, our friends at Rakuten has been working on a page that provides information on companies and their dividend payment date. It can be found hERE. I’m also told the page will be updated monthly.
Please note that there is no merit to chasing dividends blindly. Especially yields. A company can show high yields because dividend yield is calculated based on their previous declared dividend.
Make sure you’ve done your research and the yields are backed by equally strong underlying assets.
Also, if you’re signing up for a new Rakuten Account, please do give the blog your support and use my referral link – hERE.
You’ll receive RT points signing up with my link and it’ll go a long way in helping keep Dividend Magic running.
February
Freedom Fund as at February 2020
Dividend Income (Feb) – RM590.53
Dividend Income (2020) – RM1,900.53
Dividend Yield – 0.46%
As always, Facebook and Instagram. Follow, keep up to date.
IGB REIT
February 2020 Dividends – RM590.53
February 2019 Dividends – RM487.48
Total 2020 Dividends – RM590.53
Dividend Yield – 1.45%
January
Freedom Fund as at January 2020
Dividend Income (Jan) – RM1,310.00
Dividend Income (2020) – RM1,310.00
Dividend Yield – 0.33%
As always, Facebook and Instagram. Follow, keep up to date.
Scientex Berhad
January 2020 Dividends – RM1,030
January 2020 Dividends – RM1,030
Total 2020 Dividends – RM1,030
Dividend Yield – 2.32%
Received the same amount from Scientex last year. Expecting a >4% yield again for 2020.
CB Industrial Product Holding Berhad
January 2020 Dividends – RM280
January 2020 Dividends – RM280
Total 2020 Dividends – RM280
Dividend Yield – 1.26%
Same amount was paid out last year.