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!!
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.
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.
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%