- Dividend Income for May 2018: $726
- Year to year growth: 115%
- Purchased Oaktree Capital for $4,000
- Reinvested Dividend in Novo Nordisk and Nordea
- Traveling to Fukuoka, Kyushu, and Okinawa
Living While Saving
May is the month of spring in the Northern Hemisphere. Now that May is in the books, it’s time to write the monthly dividend income update. Here in Tokyo, I’ve had spring ever since the Cherry Blossom Season started.
As always, before we move on to simple things such as talking about money, I want to share the plan for the upcoming weeks. As you know, I’m based in Tokyo, so the plan for this week is to fly from Tokyo to Fukuoka before heading over to Kyushu with a couple of friends.
We are going to rent a car and just drive around in the prefecture. I’ve been to more than 25 countries around the world and one of the things I’ve learned is it’s good to have an overall plan, but never follow a detailed plan. Be spontaneous, just go somewhere and enjoy the moments. That’s what I’m planning to do and I can’t wait to climb the volcano, Mount Aso.
The weekend after that I’ll be heading over to Okinawa with more friends and walk explore the small Island of Kume. My plan is to sit on the beach, watch the sea along with my friends while drinking a ton of beers all night long.
If you want to travel everywhere, decrease your need for comfort and your budget expands ten-fold. I swear. Hotels can easily cost $100 or $200, but a cheap homestay or hostel will only set you back $10 to $20. Dropping $100 for accommodations is wasted money in my view. Money which I could use on adventures and activities. Do you really need that comfort?. It’s all about what you’re used to and think you might need.
The total dividend income for May landed on $726 which is a 115% increase from May 2017. I find that highly satisfying since the prior dividend payment in 2017 was $327 which isn’t bad at all. However, the snowball is gaining speed month by month.
The total dividend for 2018 is now 14,012 NOK or $1,729 which means a 51.79% increase from 2017.
Dividend per Month, Day and Hour
SleepMoneyTotal™ from Mr.Robot
The SleepMoneyTotal™ is the name suggested by a loyal reader, Mr.Robot. It shows how much money I make while I’m sleeping. So far, it’s only $3 or 21 NOK, but I can’t wait to see a much larger number here. The knowledge that you earn money while you sleep is highly satisfying.
Accumulated Dividend Income
As you can see from the summary, I bought shares in Oaktree Capital for $4,000 around the middle of May. I also promised to write a huge blog post where I explain how I did but it will have to wait a while as I’m too busy with a lot of things. Writing takes up a lot of my time. Writing for the sake of writing results in bad quality, and that’s something I want to avoid. Stay tuned and you will see a quality post as soon as my schedule clears up.
Other than that, I reinvested the dividend into Novo Nordisk and Nordea which both trade at a 20% discount which is more to my target price.
Forward Dividend Income for 2018, 2019 and 2020
As a result of my dividend reinvestment, my dividend payment for 2019 and 2020 (excluding reinvestment and adding more capital) is $2,975 and $3,174. Huge numbers which will grow even further when I redeploy my dividends.