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Friday, December 30, 2011

My First Dividend


My First Dividend

My First Dividend
I miss to open my e-mail for a couple of weeks because of too much work. On my day off, I remember to check one of my email account. When I open and check my email I was happy and surprised to read a notification email coming from citiseconline (online brokers I'm using on buying and selling share of stocks) that one of the company I bought their share of stock gives one peso per share as dividend and its already been send and credited to my open citiseconline brokers account. I think this is the extra cash in my brokers account I'm wondering where's come from after the last time I check my citiseconline account.
 
By the way I'm using Easy Investment Program (EIP) of citiseconline since I cannot always check and monitor the stock of the company that I've been bought due to the nature of my work thus sometimes I've forgot opening and checking my email.

My First Dividend

Although small amount, I feel ease to received my first dividend since I do nothing, other than buying their stock and hopefully I will sell it at the high price sooner. I can say it is a kind of a passive income. Considering this amount I have a chance to accumulate additional share of stocks if I choose to reinvest by buying same stocks of that company using this amount. Or an additional money to my savings or my emergency fund.

For me, receiving my first dividend from a company is a sign that this company are doing good in business and their business is still growing better in future. And I've gain trust and less worry that my money invested to this company will not loss anytime.

It is nice to invest in this kind of company that giving dividend, my first dividend payment has inspired me to save even harder to build up emergency fund early as I can so that I can use more income to grow my portfolio of dividend stocks.



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