With all the earnings announcement done and dusted for the companies I'm vested in, it's that time of the quarter where I'm ready to tally the amount of dividends that I will be receiving this quarter.

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.

My Dividend Tree :)

For those who are new to dividend investing, this is a good strategy to adopt because it provides a slow mental therapy to your brain to keep you thinking about the long term objective you wanted to achieve and keeps you on the ground when there are big volatility in the market.

Having said that, many think dividend investing is easy work because all you have to do is sit on it.

The reality is that it is a result of the hard work you've built over the years and it compounds to give you higher each year.

Dividend investing is also not as passive as many people think it is because it still requires a good amount of effort to pick the right companies but they are definitely more passive than our full time job as it doesn't require us to be physically on the site to clock time in time out.

And that's the part I like most about dividend investing.

It allows me to be flexible on my schedule and possess an autonomy that most full-time job can't, well.... hopefully.... one day.

It rewards you for years for as long as the company is solvent and it maintains a decent profit to pay out to shareholders.

As shareholders of the company, you are also technically the owner of the company and has the right to vote for or against any resolutions.

Having said that, you should not be blinded by companies which pays high dividend yield as they might be unsustainable and may cut their dividends payout should the business faces a downturn.

Without further ado, the dividend income which I will be receiving this quarter in Q1 FY19 is $9,884.

That is almost rewarding myself with another month of extra bonus.

Or I can see it as covering for my 2 months of expenses.

Q1 is usually my weakest quarter as most companies have only finished reporting their full year results this quarter and will need a resolution to approve the final dividends in the agm so I am expecting the next 3 quarters dividends to trend up quite significantly.

I am excited as we head down to another new month soon which gives us ample opportunity to tap in.

Do you like being paid for life? Let me know in the comments below.