One of the best passive income today is through investing in stocks that pays high dividend. However, you need to have sizable amount of shares to realize your dividend.
As an example, PLDT (TEL-stock symbol), pays good dividend to its shareholders. But its price is high around P2,840 as of this writing.
Recently, TEL announce that they will give P87 dividend for every share. Right now, I only have 10 shares, therefore, I can receive only P870 minus tax.
PLDT pays dividend two times a year. So all in all, the dividend can be as high as P200 per year for every shares.
Think about it, if for instance, you have 100 shares of TEL, your dividend is how much? P8,700 right (87 times 100)? However, you need to have P284,000 (P2,840 times 100 shares) to be able to buy 100 shares which is somewhat a big amount.
The strategy good to follow is cost averaging or buying small shares at a time like 10 shares per month or per quarter. Anyhow, its just one scenario to give you an idea that investing in stocks can be one of your options depending on your current situation right now.
Here are my dividend income for last year 2014. This pictures came from the email sent by Citiseconline, my stock broker, every time there’s a dividend payment.
For year 2014, I only received P1,523.56 dividend. Let’s see how much dividend can I get this year 2015. I will surely make another post about this dividend income next year when I got all my dividends.
If you want to get dividends from companies like PLDT, Jollibee, URC, Ayala Corporation, MERALCO and many other companies in the Philippines, you should learn and understand first how stock works.
You can start by reading articles about stock investing in this link which I have published in the past through the experience I gained and also reading other authors about investing.
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