DividendVet

September 2014 Dividend Income

September is finally done and it is that time again to post my monthly dividend income. I enjoy publishing these dividend income reports as I have gained a better understanding of how much passive income is coming in every month and how much it is increasing over time. I have received a total of 17 direct deposits to my E*Trade account this month. I like to think I have done well diversifying when there are 17 different income sources. That is not counting my other regular income I receive. To me, relying on one source of income is extremely dangerous and that is why I have spread out my wealth to over 29 different allocations that produce dividend income consistently, automatically, and with growth. I would not be dividend growth investor if I would not be looking to grow my income. This is one of the reasons I sold INTC back in April.

This months payout is an all time high with previous one being $278.11 just last quarter. So, it is clearly growing even when I have not been investing regularly like I would like to. When compared dividend income to last years total in September 2013, it is an improvement of 48.2%. Last quarter difference is 2.8% increase to this quarters dividend income. I have been working extremely hard to lowering my daily expenses and save the majority of my income, so I am hoping to have more capital to invest. Overall, I am a quite satisfied as money is making money and everything is slowly fusing together.

Total – $286.03

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