Amazing how time flies and money grows with it. The last time I received a dividend payment for April, I remember how happy I was, to be able to see this kind of money as if coming down from the heavens, bestowed by the Gods as a reward for the virtue of frugality.
The last dividend payment I received for the same month was P89,474, while it grew on its own, now amounting to P122,010.
The actual money that I received was P109,809, taking into account, taxes that needs to be paid, an increase of 36.36% from last year.
The money will be reinvested, so this too shall grow. I have learned recently the IPO listing of Century, the company that makes the popular canned goods and sardines. I am very much interested in investing in its IPO as I have enjoyed those canned goods every time I hike into the mountains and meals while I was still a struggling youth in college. And I'm all for helping it to expand using the money acquired from its IPO listing.
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