Tuesday, May 14, 2019

Dividend Income Updates - Q2 FY19

With all the earnings announcement finally done and underway (Netlink was the last to report yesterday), it's my favorite time of the year where I get to tally the amount of dividends I will be receiving this quarter.

Please do note that this 2nd quarter covered the period of the dividend cashflow from the period 1st April 2019 to 30 June 2019.

For readers who are new to this blog, this is a sequence of exercise that I've been doing for the past few years usually after the earnings season ended. 

This tracking not only allows me to keep abreast of any development in the payout dates and the quantum amount but also more importantly reminds me of how far I’ve come since I embarked on this journey of dividend investing which is coming to almost a decade now. 

Since we are a household of 4, the incoming dividend also comes much handy when dealing with our increased household day to day spending, especially with the current situation now that income will be bare in the next quarter due to unemployment/sabbatical period.


For those who are new to the dividend investing strategy, I'd encourage you to try it out.

Singapore has a plethora of dividend investing companies that has not only good fundamentals but also pays out good dividend yields at a decent valuation. We are also a country where dividends are exempt in the hands of shareholders because of the 1-tiered tax system.

From a shareholder's point of view, this means you get directly whatever the company announces and good companies are usually pretty generous at that.

Dividend investing also possesses an autonomy that will allow us to retire from our job one day because they replaces the cashflow from our job. This is in contrast to growth investing where you need to time your exit in order to "take the profit" eventually and find an alternative.

Without further ado, here's the dividend income I will be receiving this quarter.

The dividend income this quarter in Q2 FY19 amounted to $23,172.


I see this as a good cover for our next 4-5 months worth of expenses, and then we'll be having an income again in the next quarter and this keeps rolling on.

With Q1 being the weakest of all the quarter, this Q2 appears to be the strongest of the quarter as we have companies paying out their final dividends after resolution was approved.


With the Trade War going on and equities look like there will be a bargain once more, it will be a great time to scoop up some good companies once again.

How has your quarter been for you?

Thanks for reading.

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11 comments:

  1. Hi B,

    Nice, your dividend tree is bearing so much dollars!

    Your portfolio is solid!

    ReplyDelete
    Replies
    1. Hi MIM

      Thanks.

      You are doing very well on your end too. We grow together!

      Delete
  2. Dividend investing is one of the best ways to generate retirement income. I am glad to know that you are doing well with it. Keep it up!

    ReplyDelete
    Replies
    1. Hi MMF

      Thanks. It is one way of generating a good passive income which will be a nice addition to other ways.

      Delete
  3. how much is your holdings to get such dividends?

    ReplyDelete
    Replies
    1. Hi Anonymous

      You can refer to the portfolio tab link which I have on the top.

      Delete
  4. Wa you hv NBL. Better be careful. Its like a shipping trust.

    ReplyDelete
    Replies
    1. Hi Anonymous

      I beg to differ with you.

      The business model of netlink is very vastly different from the model of a shipping trust.

      Delete
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