Friday, 28 August 2015

Snowballing of dividends - Super August

Despite the stock market roller coaster ride in August, it is still a good month for dividends as many companies are paying dividends in August.  15 of my 23 counters paid dividends in August and produced the second highest monthly dividend harvest record for me (highest is in May 2015). 

Dividends collected in August:
1. Starhub: $335
2. SATS: $270
3. SingTel: $234.33
4. CDLHT: $140.70
5. Suntec Reit: $122.50
6. Keppel Corp: $120
7. CMT: $108.40
8. Starhill Global: $103.20
9. SIA Engg: $85
10. SPH Reit: $78.30
11. Frasers CT: $60.72
12. Keppel DC Reit: $32.04
13. FCOT: $23.52
14. Boustead: $20
15. Keppel InfraTr: $15
Total: $1,748.71

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 second time that my dividends are more than my monthly expenditures.

Next, my third best month of the year will probably be November. 

So, just keep calm, buckle up the seat belt, relax and enjoy the journey.

14 comments:

  1. Well done!
    U got a really. ,low monthly expense too

    ReplyDelete
    Replies
    1. Hi Jimmy,

      I am very low maintenance. Haha.

      Cheers,
      Farmer.

      Delete
  2. I like what u have done. Slow n steady with a clear focus. Keep it up!!!

    ReplyDelete
    Replies
    1. Paul,

      Thanks. All the best on your transition too.

      Cheers,
      Farmer.

      Delete
  3. Replies
    1. Hi Yaruzi,

      Thanks for your comment.

      Cheers,
      Farmer.

      Delete
  4. Hi PIF

    Steady as a rock. Solid foundations.

    That is what dividend strategy is all about. Congrats on achieving financialnfreedom for the month of May and Aug for the rest of your life.

    ReplyDelete
    Replies
    1. Hi B,

      Thanks for your comment. My next goal will be FF in November.

      Cheers,
      Farmer.

      Delete
  5. Any plan to look into building up a stock holding which generates steady and constant flow of dividend income in each month; example collecting $500 dividend in August, September, October and so on?

    ReplyDelete
    Replies
    1. HI MH,

      I am working on goal for $1K every month. I think it is also achievable Nov, Dec and Feb. Other months will need to work very hard.

      Cheers,
      Farmer.

      Delete
  6. Super August indeed.
    Keep up the good work! :)
    I am building up my portfolio again too.


    DW

    ReplyDelete
    Replies
    1. Hi DW,

      Thanks for your comment! Shifu.

      Cheers,
      Farmer.

      Delete
  7. PIF,

    Congratulation for the good dividend harvest. Keep it up. I am sure you will reach FF for every month one day.

    Cheers!

    ReplyDelete