Traditionally May is good month for dividends as many companies are paying dividends in May. 14 of my 22 counters paid dividends in May and produced a new monthly dividend harvest record for me.
Dividends collected in May:
1. SPH: $350
2. Starhub: $300
3. Keppel Corp: $288
4. Boustead: $274.17 (sold the free Boustead Project shares)
5. CapitaLand: $180
6. Keppel InfraTr: $161.18 (incl. special dividends)
7. SGX: $160
8. SCI: $110
9. Suntec Reit: $109.27
10. CMT: $107.20
11. Starhill Global: $100.80
12. SPH Reit: $81.20
13. Frasers CT: $59.26
14. FCOT: $23.76
Total: $2,304.84
The amount of monthly dividends collected easily smashed the previous record of $1,503.17. This
shows that this dividend investing strategy is working for me, and my snowball is getting bigger as it rolls down the hill.
We can be considered Financial Free when the dividends collected exceed the monthly expenditures. This is in fact the first time that my dividends are more than my monthly expenditures.
Looking forward to August, which is the second best month for me in the year.
Next best will be Aug/Sep
ReplyDelete:-)
Hi CW8888,
DeleteThanks for dropping by.
Cheers,
Farmer.
When others are wondering whether to sell in May and go away, you are just happily collecting dividends. Life as farmer and collecting your income in a passive manner is so wonderful. Well done!
ReplyDeleteHi MH,
DeleteI definitely will not sell and go away in May. May is the best month for dividends.
Cheers,
Farmer.
May the dividend rain non-stop! May I like, August (augers) well.
ReplyDeleteHi Lizardo,
DeleteMay our snowballs roll bigger and bigger.
Cheers,
Farmer.
Hi PIF
ReplyDeleteCongrats on beating your previous record last year. The snowballing effect does indeed make a visible difference already in your life.
Hi B,
DeleteThe power of the snowball.
Cheers,
Farmer.
I like what I see....congrat PIF! Not sure when I can reach the same figure.......
ReplyDeleteHi David,
DeleteThanks! I am sure you will be there one day.
Cheers,
Farmer.