October 30

October 2015 – Dividend Update


This content was saved from the old investmenthunting.com website, in case anyone was still looking for it (with the help of archive.org)

Yes! Another dividend update. This is always my favorite post to write. Seeing my dividend total grow month-over-month, year-over-year keeps me motivated to continue on my path to retirement. I am truly amazed at how quickly my annual dividends are growing. If I continue pressing and stay true to my commitment to add up to $50,000 a year in new money; my monthly dividends in 10 years will be more than enough to cover monthly expenses.

Unlike many DGI bloggers, I am not investing so I can retire early. I like working. I am good at what I do and get paid a great annual salary. Once my monthly dividends cover expenses, I will continue doing what I am doing today, reinvest everything.  Not to sound greedy, but I want as much money as possible when I do decide to retire. My plan is to leave a family bank. I want as much money as I can leave behind for future generations.

For the month of October I pulled in $359.04 in dividends. I am really happy with this amount because October is a low dividend payout month for me.  I made more than $350 dollars on 7 stocks. Adding up my dividends received for 2015, I’ve now earned $2,874.18. I estimate that I will finish up 2015 with dividends totaling around $3,200.

If you don’t believe in the power of dividend investing, consider this; In 2014 I earned $821.99 in dividends, 2015 will be $3,200, and my 2016 forward dividends will be around $6,000.  By forward dividends I mean, the dividend estimate of the stocks I own today. I will add more capital this year and throughout 2016. I estimate 2016 dividends in the $7,000 range.

My Dividends

My dividends collected in October were as follows:

My Dividends – Year-Over-Year

This chart tracks my monthly dividends on a year over year basis. 2014 numbers are in blue and 2015 numbers are in red. My dividends in October went from $92.77 in 2014 to $359.04 in 2015.

Full Disclosure: Long ROYT, O, PM, MO, STWD, DPS, CSCO

Did you reach your monthly dividend income goal in October?


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