It is a shame that some people associate For The Love of Money (great song by the O'Jay's) with Donald Trump (the theme for the apprentice).
Some sample lyrics:
For the love of money
People will lie, Lord, they will cheat
For the love of money
People don't care who they hurt or beat
For the love of money
A woman will sell her precious body
For a small piece of paper
It carries a lot of weight
Call it lean, mean, mean green
Now, one source of Money is dividends. And the great thing about dividends that even when the market is going nuts, you still get the dividend (unless something is broken at your company). And you can then reinvest this dividend and get even more shares.
This is a very busy time for me dividend wise. MNDO only has an annual dividend (just announced). MGIC has a semi annual dividend (just announced). GME bumped their dividend up. So I thought I'd list out my upcoming dividends, using a factor on share counts:
Date | Stock | Shares | Dividend | Total |
28-Feb | SJT | 16,933 | 0.018 | 298 |
29-Feb | OIBAX | 4,367 | 0.017 | 72 |
29-Feb | O | 645 | 0.191 | 123 |
29-Feb | MGIC | 8,000 | 0.090 | 720 |
1-Mar | QCOM | 2,585 | 0.480 | 1,241 |
1-Mar | IILG | 3,486 | 0.120 | 418 |
29-Feb | TGONF | 8,000 | 0.165 | 1,320 |
2-Mar | TGNA | 1,779 | 0.140 | 249 |
3-Mar | GME | 3,279 | 0.370 | 1,213 |
4-Mar | HRB | 1,562 | 0.200 | 312 |
8-Mar | CSQ | 19,182 | 0.083 | 1,583 |
8-Mar | BBY | 1,826 | 0.240 | 438 |
10-Mar | MNDO | 18,400 | 0.270 | 4,968 |
11-Mar | VIAB | 2,120 | 0.400 | 848 |
13-Mar | NTC | 7,370 | 0.057 | 420 |
13-Mar | JQC | 10,136 | 0.050 | 507 |
21-Mar | AOD | 23,158 | 0.057 | 1,308 |
The ones in yellow are monthly dividends in which I reinvest dividends. I have to say that when the market is dropping, it is easy to lose conviction. But looking at these dividends reminds me that it is not necessarily important what Mr Market values my securities at, but rather is the income stream steady. Mr Market, as we know, can go a bit nuts at times. Note that these dates may not be 100% accurate.
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