The month of May has been my favorite month of the year because of dividends that start pouring in, rewarding shareholders that believe in the company throughout the thick and thin.
I love dividends simply because they are hard actual figures that anyone anywhere in the world can earn. They represent the fruit of my labor which I have built up over the past couple of years. When you see your dividend income grows over time, you know that your past hard work has finally paid off. The best thing about this is I have created a system where it will auto-generate passive income for me the following year the same time, again and again, until the day the I never see another day.
Dividend investing is a fantastic strategy in my opinion. Rising dividend income is usually most predictable and can be used as a cash inflow to dictate our expenses during the month and for budgeting purpose the next couple of months. Most notably, they can one day replace your active income without having your physical presence to manage the day to day business. Someone is there for you to do the job!!
It’s a fantastic feeling to be receiving S$6,132.00 in dividend income this month. This alone is already more than the salary I received from my company. With the money, I will probably use a portion to finance my May and Jun expenses and re-invest the rest into some quality stocks that could give me higher dividends in the future. What a nice cycle to be in.
|Companies||Total Dividends ($)|
|China Merchant Pacific||722.50|
|Ascendas Hospitality Trust||192.50|
|Mapletree Log Trust||18.90|
I hope that for those who are just starting out, that it is important not to give up at the early stage. The fruits and dividends you will receive will make your investment and journey all these while worth the every single effort you put in today.