Dividend Update

A list of my past dividend income and updates can be found below:

• Dividend Income Update 2015
• Dividend Income Update 2014
• Where it all started – April 2014

December

First off, the Freedom Fund has been updated as of 31 December 2016. The full list of dividend yields from my share holdings can be viewed there.

Last month, I hit RM10K in dividend income for the year. For the last month of the year, I added another RM1,037.75, bringing the grand total for the year to RM11,429.55. The total has been adjusted slightly due to a slight miscalculation on my part. Would have liked the total to hit RM12K but it fell short. Having RM12K in dividends would’ve meant I was receiving RM1K exactly in passive income every month.

We shall start off with the dividends received in December and then move on to the year 2016 as a whole in my next post. So bear with me.

Nestle Malaysia

December Dividends – RM140.00

Total 2016 Dividends – RM540.00

Dividend Yield – 4.04%

Weight – 4.47% of the Freedom Fund

Scicom Bhd

December Dividends – RM168.00

Total 2016 Dividends – RM168.00

Dividend Yield – 0.96%

Weight – 5.16% of the Freedom Fund

I’ve been looking at Scicom for about a year and I purchased the company’s shares back in October 2016 at RM2.08 per share.  Their dividend yield of 0.96% doesn’t reflect the full year’s as I bought the shares only in October.

Bonia Corp

December Dividends – RM421.25

Total 2016 Dividends – RM421.25

Dividend Yield – 1.56%

Weight – 5.55% of the Freedom Fund

TAANN Holdings

December Dividends – RM130.00

Total 2016 Dividends – RM130.00

Dividend Yield – 1.40%

Weight – 2.88% of the Freedom Fund

As with Scicom, the dividend yield for Ta Ann only takes into account the dividends received this month.

End.

Total dividends received for the year 2016 is RM11,429.55. That’s the final number, the dividend yield – 3.84%.

Some may consider this low but don’t forget I have yet to factor in my capital gains. So come back in a few days for a grand summary of the year 2016.

Thanks for reading! 

November

Remember remember, the 5th of November! The 11th month of the year is usually a quiet occasion for me as a dividend income investor. However, there is cause for celebration this November because it is official – I’ve finally hit RM10K in dividend income for 2016.

RM10,531.80 to be exact.

I received a total of RM547.48 from both Axis REIT and Sunway REIT the past month.

Axis REIT

November Dividends – RM263.65

Total 2016 Dividends – RM1,049.06

Dividend Yield – 4.31%

Weight – 6.78% of the Freedom Fund

Axis REIT netted me RM263.65 in November, bringing the grand total for the year to RM1,049.06.

The dividend yield for Axis REIT for 2016 was a pretty disappointing 4.31% for me. Axis hasn’t been doing too well especially last year as they had to refurbish some of their old properties. Hopefully, the long term benefits start rolling in now.

Sunway REIT

November Dividends – RM283.83

Total 2016 Dividends – RM1,172.02

Dividend Yield – 5.91%

Weight – 6.72% of the Freedom Fund

The next contributor to my November dividends is Sunway REIT, bringing in RM 283.83. The total annual dividends came up to RM1,172.02. SunREIT’s dividend yield is at a much more commendable rate compared to Axis’ at 5.91% for me this year.

The REIT has been acquiring strategic properties the past years and will definitely continue to perform.

My average purchase price of SunREIT is at RM1.46 with my purchases over the years. I’ve been looking at ‘investors’ discussing the share price recently as it increased about how they are making 1-2% gains buying and selling (speculating). What they don’t mention is the time’s they’ve lost with this method. It really cheeses me off when people brag about the good times they’re having but when the share price falls, you don’t hear a thing from them. I’m here to show that long term value investing will pay off in the long run, at RM1.72 now, I’m up by 18%!

End.

Total dividends for the year currently stands at 3.45%. I consider this a little on the low side as our risk free rate is around 4% this year. We shall see what the last month of 2016 brings in and strategize accordingly.

RM10,531.80 everyone! I’m going to relax and let that sink in over the weekend.

Sekian terima kasih. Thanks for reading!

October

Happy Halloween! It might have been fright night with costumes for some of you. Or perhaps like me, you spent your Halloween at a small party at a close friend’s house. Whichever it is, with dividend income investing, your dividends trickle in no matter what. It really feels good to be able to sum up your dividends at the end of the month and watch your hardworking money work for you.

Without further ado, my October dividend update: RM800

The companies that contributed to this RM800 are only two: Malayan Banking Berhad (better known as Maybank) and Sunway Berhad.

Malayan Banking Berhad – Dividend Income

As mentioned in my earlier post, I opted to forego my dividends from Maybank and instead traded it for shares. This is known as a dividend reinvestment plan. Through the DRP, I received 68 units of Maybank shares and the remaining RM127. However for yield calculation, we will just say I received RM620 in dividends.

Since my last post on Maybank, I’ve added quite a bit to more to my portfolio. My average purchase price is now RM8.12, market price is at RM7.81.

Yes I am currently making a loss with Maybank. However, I still believe in the bank and will continue to purchase more shares should it drop further. The total dividends received from Maybank currently stands at RM1,070 giving me a yield of 4.16%. Here’s to a better 4Q and 2017 moving forward.

Sunway Berhad – Dividend Income

From the conglomerate that is Sunway Berhad, I received RM180 for October 2016. The dividends received in 2016 and 2015 stayed the same (not taking into account the one-time special dividend received last year). This is actually good news because Sunway Berhad actually listed their construction arm last year and this would’ve led to some loss in revenue.

Total dividends received for the year is RM396 translating to a 3.52% yield.

End.

I have no plans to dispose of any shares in both Maybank and Sunway. If the opportunity presents itself, I might even find myself adding shares to my portfolio.

As of now, the total dividends received in the year 2016 stands at RM9,844.32. My dividend yield comes in at 3.22%. I am 99% certain that I’ll be able to achieve RM10,000 in dividends this year. Maybe even RM12K, which would give me an average of RM1,000 a month.

As always, thank you for reading and for all your support. Onwards and upwards!

September

First and foremost, I’m delighted to report that I’ve officially achieved my 2016 goal of RM8,500 in dividend income. I’ve raked in a total of RM9,044.32 this year from dividend income alone. In fact, it is entirely possible that I may be able to shatter the RM10,000 mark this year. I’ll keep my fingers crossed.

The total dividend income received for the month of September crossed the one thousand ringgit mark at RM1,172.15. The five companies that generously contributed to this amount are: Axis REIT, Sunway REIT, Homeriz, Sunway Construction and Nestle. Their individual amount and yields for the year so far are as below:

Axis REIT – RM263.65 (3.23% yield)

SunREIT – RM270.50 (4.48% yield)

Homeriz – RM489.00 (7.79% yield)

SunCon – RM9.00 (4.61% yield)

Nestle – RM140.00 (2.99% yield)

Unfortunately I’m unable to get to my mail the past few weeks so the relevant pics will be updated in due time. I know some of you can’t wait to see more of my Iron Man collection but please bear with me (Yes there are several more models to be revealed!).

Moving onto the total yield of my Freedom Fund – Total dividend yield for the year stands at 3.14%! Yes we’ve yet again crossed an important milestone – the 3% fixed deposit mark. I know some of you may argue that FDs under promotion offers way higher interest rates, but lets agree to stick to 3% shall we?

How is the Freedom Fund doing so far?

With it being the third quarter and all, I guess I should let everyone know that the Freedom Fund is doing good. For the year so far, unrealized capital gains of the portfolio stand at 9.75%. This preliminary figure is pretty good considering the volatile year we’ve had so far. With the end of 2016 so close, I will hope for a good 4th and final quarter to conclude the year. There will be a more comprehensive summary come December.

Thanks for reading.

P.S. A good number of you have reached out to me on financial planning since my last post. I would like to offer my apologies to some of you whom I’m unable to meet yet due to my schedule. Hope to meet up with you guys soon over the next few weeks!

August & July

First of all, my apologies again for missing the dividend income update for the month of July. Now, on to more important matters.

I received a total of RM1,938.99 in dividend income for both July and August, as detailed below:

July

CBIP – RM420.00 (5.74% yield)

August

Scientex – RM456.00 (8.53% yield)

PBBank – RM156.00 (1.41% yield)

IGB REIT – RM906.99 (5.58% yield)

*Note that at the time of purchase, PBBank shares had already paid out their first trench of dividends.

Final Dividends

This will be the final dividend paid by all the companies mentioned above for 2016. I’m pretty satisfied with the yields from all 4 companies. Hope to see them continue to grow in the coming years and see my yields increase as the share price go up.

Also, I’m currently waiting on more opportunities to add Scientex and more REITs to my Freedom Fund.

Some Short Term Gain

In August, I’ve also been busy making some quick profit from the market. As most of you know, I’m mostly a long term investor and have generally stuck to my principles. However, I’ve been known to dabble in short term investing ie. trading when I’ve done my due diligence and research. I’ve made a RM900 or 13% gain in a short span of 6 days by trading in DESTINI.

I will not encourage average investors to pursue this highly risky branch of investing without first knowing everything about it and then some. So, with this trade, I’ve added an additional RM900 to my war chest which I hope to make use of in the near future.

Conclusion

Total dividends received currently stands at RM7,872.17 with a yield of 2.74%.

As an early comparison between 2016 and 2015’s dividend yields, I’ve already surpassed last year’s dividend yield of 2.7%. Looking forward to a bountiful final 4 months of 2016.

Finally, I hope everyone’s investments have been doing well and continue to. Thanks for reading, Cheers!

PS: I’ve been away from home for a bit and therefore haven’t had the chance to snap the dividend voucher from IGB REIT. Will be adding them when I get back.

June – Half Year Report

June, marking the first half of the year 2016 has come and gone. The year 2016 has seen its ups and downs but overall, it has been good to me. With that, I present to you the dividend update of my Freedom Fund so far. I will be trying my best to update the page every quarter so bookmark that and drop by from time to time to follow my progress.

If you would recall, I set myself a goal of RM8,500 in dividends this year. So far, at the half year mark, I’ve received a total of RM5,933.18 in dividends, this represents close to 70% of my target. Now that doesn’t necessarily means I’m certain to achieve my target this year because different companies pay dividends at different times of the year. However, based on historical data, I should be able to surpass my goal and then some.

I invested a total of RM274,340.82, my portfolio is now worth a little over RM321K. Dividends received as at June 2016 stands at RM5,933.18, giving me a yield of 2.16% so far.

Thank you 2016!

I leave you with this: Investing is a long term game and I hope I’ve shown most people out there that it can be a very rewarding venture. Most may say the 16-17% gains I’ve made over the course of 3 years isn’t much, which I will agree, but these gains are not inclusive of the dividends I’ve received over the years as well.

Thanks for reading!

PS: I’ve decided that I will have a consolidated 5-year statement posted here when the time comes which will include all dividends received. So wait for it!

June & May

If April was a slow month for dividends,  May is infinitely slower as I did not receive a single dividend. Hence my failure to procure a post for the month – more on that later.

June however, proved to be one of the most bountiful months so far with a total dividend of RM1,852.37.

Sunway REIT

The first company to hand out its dividends in June was Sunway REIT with RM297. This effectively brings SunREIT’s total dividend for the year to RM617.69, its yield currently stands at 3.11%.

I recently paid a visit to the newly refurbished Sunway Putra Mall in Kuala Lumpur and was happy with the new vibrant and colorful look. The mall is surrounded and jam packed with high rise apartment towers all around it, giving it a sort of permanent consumer base already. I look forward to the REIT performing superbly in the future, with shrewd and shareholder oriented decisions by the management.

Nestle Berhad

Nestle Malaysia paid out RM260 in dividends this time around, its first for the year 2016, bringing its yield to 1.94% for the year. The recent rise in consumer product stocks has seen Nestle become a really strong performer in my portfolio.

I’ve held this stock for 2 years now and it has been rising steadily even managing to maneuver itself past certain crippling events such as the implementation of GST. The goody bags given out by the company every year to shareholders is something I look forward to every year. Nestle will be the blue chip dividend producing defense I will continue to rely on in the coming years.

*Note: The dividend vouchers from both SunREIT and Nestle did not arrive by mail unfortunately and I fear it may be lost in transition.

Maybank

Maybank paid me RM450 in dividends, bringing the yield to 3.61%. I missed out on the company’s earlier dividends this year which would’ve brought my yield for the year to 5-6% easily.

Dear readers, this is a great example of why one should be investing in shares of solid companies. I know most of you are placing your funds into fixed deposits which gives you a yield of what? 3%? 3.5%? Maybe topping out at 4.5% for those promo rates (which you don’t get every year and comes with tonnes of T&C). Instead, if you had invested in  company like Maybank when its shares dropped to a low, you’d get a cool 5-6% per annum.

Alright alright, I can already hear some of you muttering ‘but not all of us know when the shares are at a low’. Fine, let’s say you invest when the share prices are high, the yield would still be in the 3% region. And guess what? You get the potential that the stock will increase in price, giving you more gains.

I bought into Maybank earlier this year when the stock declined to RM8.3, it seemed a good decision for the next few months as I saw the stock climb past RM9. The company’s stock then fell to a low of RM8.1 of which I was really tempted to add more to portfolio, I am currently waiting for a bit before deciding. The current dividend yield (if maintained by the management) is very attractive.

Cypark Resources Berhad

Cypark handed me RM410 in dividends so far this year, giving me a yield of 2.32%. The company’s core business is a unique one and I liked its venture into the solar business last year. Will continue to hold onto this stock for the foreseeable future.

Axis REIT

I received RM263.37 from Axis REIT for June bringing the total dividends received this year from Axis to RM521.76 with a current yield of 2.15%. Nothing new with the company so far except its ongoing refurbishment of assets.

AirAsia Berhad

Air Asia, one of the most traded stock in Bursa for the past month has been making headlines for all the right reasons in June. I bought the stock at RM1.67 and its recent surge has made me a lot of money. The dividend paid out was a surprise as Air Asia was a company that retained most of its earnings for growth. The 2.41% yield came as a pleasant surprise for me.

Tune Protect

I received RM540 from Tune Protect this year, giving it a yield of 2.92%. The share has not been doing well an has been on a steady drop, not one of my best buys but I’m still holding on to the stock because of the huge potential it has in the travel insurance industry.

Conclusion

Total dividends for the year stands at RM5,933.18 giving me a 2.16% dividend yield so far. We are now halfway through the year and in my Review of 2015, I set myself a goal of RM8,500 in dividends this year. I hope to surpass that goal in the coming months.

I would like to apologize for the absence recently, as I’ve been busy with a new business venture which I will be posting about soon if all goes well. Thanks for reading!!

On an unrelated note, you may notice the new Celcom sim in my pictures. To answer your question – Yes I’ve made the jump to Celcom because of their awesome phone plans. I’ve also looked hard at Axiata as a company and maybe purchasing the stock soon.

April

April has been a slow month for dividend income compared to the first quarter of the year. I only received a total dividend of RM230.40 from two companies: Sunway Berhad (RM216) and Sunway Construction Group Berhad (RM14.40). The vouchers have yet to arrive by mail, will be updating this post with pictures when I receive them soon.

The same time last year, Sunway Berhad paid out the same amount of dividends, this is somewhat of a disappointment but not totally unexpected as their earnings have not increased significantly. They’ve also listed their construction arm recently, further diluting earnings from the holding company. So I guess I should count my blessings that there hasn’t been a reduction in dividends. With my gross investment of RM11,264.04 in Sunway Berhad, RM216 in dividends translates to a 1.92% return so far.  There will be another round of dividends in October to be declared in October later this year which should bump the return past 3% per annum.

As for Sunway Construction Group Berhad (“SunCon”), if you’ve been following my posts you’d know that I received a special dividend from Sunway Berhad together with 360 shares of SunCon back in July 2015. The company just got its order book replenished with various jobs in the country recently and should be doing very well in the future. I will be considering topping up soon if an opportunity arises.

Total dividends for the year stands at RM3,540.81 giving me a 1.29% dividend yield so far. We are only in April and in my Review of 2015, I set myself a goal of RM8,500 in dividends this year. I seem to be on track and maybe I’ll even surpass it. On that note, thanks for reading!

A side note: RM15,300 was added to my warchest on 13 April 2016. This figure will be reflected in the Freedom Fund when I update it in June.

March

The month of March this year is a bountiful one with a total of RM880.69 in dividend income from two companies – Sunway REIT and CBIP Holding Berhad. The end of March also marks the beginning of the second quarter for 2016, and as I’ve promised to update my portfolio – The Freedom Fund every quarter, I have duly done so. However, dividend growth updates will only come next year as 2016 will be the year where I organize the dividends received into months and its subsequent quarters.

Now, on to them dividends.

Compared to the dividends received in February 2016 which totaled RM1,635.72, March’s bounty doesn’t really come close at RM880.69. Moreover, the dividends received from CBIP Berhad is a special dividend and I cannot expect it to continue every year.

Sunway REIT

RM320.69 was paid out in dividends by one of my favorite REITs (the other being IGB REIT) compared to RM145.60 in March 2015. This is more than a two-fold increase in dividends for me this year and I hope to see the next 3 dividends this year double as well.

As I recall from memory, SunREIT has been performing well, with positive contributions from the new Sunway Putra Mall in KL. Their office tower, The Pinnacle however has seen a low vacancy rate which I hope the management is able to overcome this year. Otherwise, I declare myself satisfied with the REIT’s performance, it has given me a yield of 1.62% for 2016.

CBIP Holding Berhad

CBIP has been generous this year – RM300 in dividends was paid out to me back in January 2016. And this month, a special dividend of RM560 was declared and paid out, bringing the dividend yield from my investment in CBIP to a sweet 3.86%. The Company’s final dividend will be paid out later in July and I expect it to be higher than the RM300 received last year.

Positives from CBIP include its ever growing and strong order book and the recent regaining of its pioneer tax status which should contribute positively to its future earnings.

Dividend Yield

The total yield of my investment portfolio currently stands at 1.27% for the year 2016.

Do you have an investment portfolio of your own? If so, what is its current yield and what is your targeted yield for 2016?

Thanks for reading.

February

Another month has passed by and it’s time for me to post an article on my favorite subject: Dividend Income. The reason why I love to publish articles updating my dividend income is because it’s pure numbers. It’s hard to argue the success of long-term dividend growth investing when you can slowly and surely see dividend income rise over time, getting closer to covering one’s expenses. So, without further ado – dividends received in February 2016.

For February, I received a grand total of RM1,635.72 in dividends from three different companies – Homeritz Corporation Berhad, IGB REIT, and Axis REIT. The dividend voucher from IGB REIT has yet to arrive by mail, unfortunately. (EDIT: IGB REIT’s voucher has just arrived together with their 2015 Annual Report. Read about IGB REIT’s 2015 financial performance HERE.)

Homeritz Corporation Berhad

Homeritz has been in my portfolio since the early days. As of this month, the stock has been up by almost 80% and the RM611.25 I received is already translating to a yield of 4.3%. What’s more, this is only the company’s first of two dividends for the year and I still have August’s dividends to look forward to, which should bring the total yield to more than 8% for 2016 (I hope).

The stock currently makes up 9.01% of my total portfolio. With the further weakening of the Malaysian Ringgit in the future, I might be picking up more of this stock, provided the fundamentals are right and in place. For now, I’m happy to just hold onto Homeritz and reap the sweet rewards.

Axis and IGB REIT

Both Axis and IGB REIT make up around 20% of my total investment portfolio, which is a good indicator of how important dividends are in my style of investing. The dividends received are RM258.39 and RM611.25 respectively from Axis and IGB REIT.

Axis REIT focuses mainly on large parcels of industrial and commercial properties which they lease out as opposed to IGB REIT, as most of you will know, manages Mid Valley Megamall and The Gardens Mall which makes it a retail REIT. Axis REIT has been in my portfolio since May 2014 and IGB REIT since March 2015.

Going with my current strategy of chasing those dividends, I will be adding more of both stocks to my portfolio when the price is right.

Dividend Yield

Total yield of my investment portfolio currently stands at 0.97% for the year 2016.

Do you have an investment portfolio of your own? If so, what is its current yield and what is your targeted yield for 2016?

Thanks for reading.

January

The dividend income I received for the first month of 2016 came from two companies: Scientex Berhad and CBIP Berhad. I received a total of RM794 (RM494 and RM300 respectively). The total weight of both companies represent almost 22% of my entire portfolio.

(Note: CBIP’s dividend voucher has yet to arrive by mail.)

The dividends received translates to a yield of 2.22% from Scientex and 1.35% from CBIP based on the initial investment. This is only the first batch of dividends and both companies will pay dividends again in later in July. I expect both companies to do really well in the future as I see only an increase in demand of their products in the years (hopefully decades) to come.

Total yield of my investment portfolio currently stands at 0.32% for the year 2016.

A summary of my investments for the year 2015 can be found HERE for a rough comparison.

Do you have an investment portfolio of your own? If so, what is its current yield and what is your targeted yield for 2016?

Thanks for reading.