Best Dividend Stocks in Malaysia - Dividend Magic (2024)

Best Dividend Stocks in Malaysia - Dividend Magic (1)

My Portfolio and its Dividends from 2021

I update my portfolio – the Freedom Fund on a quarterly basis.

I have also decided in 2020 that I’ll be investing in the US. My US portfolio can be found hERE.

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

My Investing Method

If you’re curious as to who am I, how and why I invest, you can read more about me hERE.

As always, my goal has been to achieve a passive income of approximately RM36K per annum through dividends.

With that goal in mind, I have been holding and adding stocks that continue to increase their dividends every year. Most of the stocks in my portfolio reflect that – REITs, Maybank, Nestle etc all are there to help achieve that passive income.

That being said, I am always on the lookout for growth stocks. And I’m fine with a growing company not being able to pay dividends during the growth stage.

As of 2020, my plan is to continue adding to my Malaysian dividend stocks when the price is right. At the same time, I will be looking towards the US for bigger, better companies to invest in.

I am glad to have finally found a way to purchase US stocks with minimal fees and I’ve since switched brokers. A guide to investing in the US and other foreign stocks can be found hERE.

I’ve also curated a list of the top 20 most valuable companies in Malaysia by market cap.

Reports on Top Dividend Stocks

Moving on, a full collection of reports on the best dividend stocks in Malaysia can be found here.

Personally, I use Rakuten Trade and Hong Leong to invest locally. I will be using their system as an example throughout my posts.

Best Dividend Stocks in Malaysia - Dividend Magic (2)

I cover most companies I invest in. The full list of the most recent analysis of the company’s finances can be found below, arranged in alphabetical order.

As always, due diligence on your own part is required when deciding to invest in a company (or in any asset for that matter).

Analysis Reports:

Air Asia Berhad (AIRASIA5099)

Duopharma Biotech Berhad (DPHARMA 7148)

Genting Malaysia Berhad (GENM 4715)

IGB Real Estate Investment Trust (IGBREIT 5227)

Malayan Banking Berhad (MAYBANK 1155)

Nestle Malaysia Berhad (NESTLE 4707)

Scientex Berhad (SCIENTX 4731)

Tenaga Nasional Berhad (TENAGA 5347)

Tune Protect Group Berhad (TUNEPRO 5230)

For updated information on the dividends paid by the companies (at least for the ones I invest in), head over to the Freedom Fund for a clearer picture.

If you’ve got a specific Malaysian company in mind that pays good dividends which I’ve yet to cover, drop me a message or leave a comment here.

The above list will be updated over time.

For the next article of the Investing Series, check out article 006 –Dividend and Growth Investing and What are Dividends?.

As always,FacebookandInstagram. Keep up to date and help support the blog by following and sharing. Thank you!

For more on individual stocks and their valuations, I talk about them on .

Best Dividend Stocks in Malaysia - Dividend Magic (2024)
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