I received a cheque in the mail today (awesome!)... for seven cents (not so awesome). But, I guess as a valued shareholder of Microsoft stock, I am entitled to even the smallest portion of dividends. I've never received a dividend cheque before. When my girlfriend gave me the share for my birthday, I didn't realize Microsoft even paid them out. So, I thought it was pretty neat when I received my first ever dividend payment through owning shares (or A share in this case) in a corporation.
I haven't decided what to do with my dividends yet though. I was thinking I could put it toward a house or a car, or maybe a new computer. I can't simply throw it away since this is a memorable moment in my investing career. I made this seven cents for doing absolutely nothing. They just sent it to me. The joys of passive income are truly incredible. Now, if only the value of the damn American dollar would go up a little more so I can make some real dough from this.
2 comments:
WOW, a whole 7 cents. Ronnie, why not invest it, put it in the bank and keep saving those cheques...ya just never know what it could add up to...
I see that the cheque is for 7 American cents. With the currency exchange going like it is, you'd better cash it quick. It will soon only be worth a nickel.
I'd actually just keep it. Frame it or something. Or, find out if you can have them automatically roll your dividends back in to share purchases rather than send a cheque.
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