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Friday, November 7, 2014

Dividend Income Update - "Santa Claus is coming to town"

We are into our last 2 months before the year ends so any form of cash inflow will be most welcoming. For myself, it will be in the form of dividend income as Santa comes in early to deliver my Christmas present.

You know all those years back you were thinking what are those heavy things Santa was carrying at the back of his trolley that never seems to diminish and the answer is really because he has unlimited presents to give out till the end of time. And I am using this analogy because dividend income has worked for me almost the same throughout my investing journey.

I have received quarters after quarters, and years of countless dividends since I started investing back in 2010 and the best thing is it will keep supplying me with income till I am no longer around.

Additional dollars of these dividend income is then reinvested back into dividend growth stocks which will give me even more dividend income or cashflow as I prefer to call them. They can alternatively be used to reward yourself, pay your expenses, fund your travel or anything else you wish with the money.


November is not traditionally my strongest month as most companies tend to pay out dividends in the month of May (Check out here) and Aug (Check out here), at least for my case. Those were some monstrous income I received in May and Aug and the rest are usually split between November, December, January and February. This month dividend income will come in at $2,757.

I can't stress this enough but as human being on this planet, what we need in our everyday lives is cashflow, not asset. Of course, without an asset you can't have your cashflow but I'm focusing on the former rather than the latter. You need cashflow when you buy your groceries or when you travel or eat outside. This is the very same reason why when market panics, I am glorified because it gives me an opportunity to increase my asset base at a cheaper price that could give me more dividend income. Perfect.

Dividend investing will continue to play an important strategy in my plans as I will shy away from the corporate 9 - 6 life when the right time comes. I hope these updates will provide an inspiration for those who is just starting out and you can easily see the rising tangible benefits month after month as you began to invest more in quality stocks.



CountersDividends (S$)Payable Date
FraserCenterPoint Trust (FCT)835.0028-Nov-14
FraserCommercial Trust (FCOT)244.0028-Nov-14
China Merchant Pacific875.007-Nov-14
Mapletree Greater Comm632.0024-Nov-14
Ascendas Hospitality Trust171.0012-Dec-14
Total2,757.00

What about you? Does Santa has your present for Christmas :D ?

25 comments:

  1. Wah power leh. I have less than half your amount this month :( zzz

    ReplyDelete
    Replies
    1. Hi PIB

      Don't be humble :)

      Your dividends are coming in pretty strongly as well over the course of the year.

      Keep it up!!!

      Delete
  2. Get rich slowly with dividend investing

    ReplyDelete
    Replies
    1. Hi Uncle CW

      Dividend growth stocks are better. Dividends increasing every year :)

      Delete
    2. Dividend growth is better but harder to find.

      Delete
  3. Hi B,

    An enviable Xmas present you have. :)

    The first few steps of building the portfolio are often the toughest. And I am still crawling along. :(

    Hopefully, the recurring dividends will make the task easier down the road for me.

    ReplyDelete
    Replies
    1. Hi SRSI

      It feels like it was only yesterday that I started receiving my first dividends and now it's been midway through.

      It is always going tough at first but astime past it keeps repeating itself.

      I have no doubt you are going to receive plenty of quarterly dividends with those reits dividends you have in place. :)

      Delete
  4. Hi B,

    Presents "not equal" to rewards! For you it's the fruits of hardwork!
    Well done!

    Rolf

    ReplyDelete
    Replies
    1. Hi Rolf

      It takes a lot of hard work planting the seeds indeed and I still remember vividly how one of the salary money to buy 1 lot of Sembcorp Industries was from doing days of overtime work.

      Looking back and forward and I knew it was all worth the effort.

      Delete
  5. Hi, B.
    I love the analogy. You are correct; the days come & go and (hopefully) the snowball keeps rolling & rolling. Congrats on the solid portfolio. Happy Holidays!

    Goosemann Jones
    Flight to Dividends Blog

    ReplyDelete
    Replies
    1. Hi FTD

      Thanks for visiting the site.

      And welcome to the blogging community. I've left a message at your post regarding how I was also from WI previously.

      Good luck with your investing and im sure the dividend paying strategy will pay off.

      Delete
  6. That's some impressive passive income! Being primarily an US investor, it's always interesting to see other foreign companies. I will have to take a closer look at them, thanks!

    ReplyDelete
    Replies
    1. Hi Henry

      Thanks for visiting the blog.

      The companies in Singapore usually tends to have similar financial year whereas US stocks are more varied throughtout the year. This is probably why the dividends tend to lump in each particular quarters rather than months which can be dry at times.

      You are doing great as well on your part there. Keep it up.

      Delete
  7. I'm building up my chimneys so that he can come more often with bigger gifts each time! Haha

    Your update is surely an inspiration to me! Thanks!

    ReplyDelete
    Replies
    1. Hi Stockskeeper

      Thanks for your kind words.

      You are doing pretty well as well building up an arsenal of dividend paying stock. It will be just a matter of time before it gets higher.

      Delete
  8. Great to hear from a similar strategy person.
    You have done well, keep it up!!!

    ReplyDelete
    Replies
    1. Hi Paul

      Thanks for your words.

      Appreciate it. Hope things are working our well for you as well.

      Delete
  9. Great to hear from a similar strategy person.
    You have done well, keep it up!!!

    ReplyDelete
  10. Hi B,

    Your sharing is really inspiring!

    Plant dividend seeds. Grow dividend trees. Enjoy dividend fruits.

    Merry Christmas!

    Cheers,
    Farmer.

    ReplyDelete
    Replies
    1. Hi PIF

      Appreciate your comments.

      You are doing really well for your portfolio as well.

      Bounty dividends to come for the month of November and December for you. Enjoy the dividends ;)

      Delete
  11. Hi B, thanks for sharing your blog. It's very informative for a newbie investor like me.

    May i know your views on Keppel Corp? The prices seem v attractive to buy and hold for price appreciation gains in 2015

    ReplyDelete
    Replies
    1. Hi anonymous

      Thanks for the visit.

      To be honest I dont quite see how keppel corp can appreciate in the near term as their oil rig will somewhat face pressure in the near term. Housing is another drag in their portfolio so it coudld be longer before you see any appreciation in the stock.

      Delete
    2. Hi B, thanks for your insights. Yea, they're facing pressure from the recent uncertainty in oil and govt policies on property. I'll kiv their prices for long term holdings.. $9.4ish seems attractive! cheers!

      Delete
  12. Congratulation B.
    Your hardwork is a reminder for my motivation in investing.

    ReplyDelete
    Replies
    1. Hi David

      Glad that it helps to motivate a few people.

      Looking forward to seeing your journey unleashed.

      Delete

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