September 2015 Dividend Income
Another month, another dollar. September is in the books and it has been another good one. Dividend income surpassed another all time high by just a dollar and some change, so it is slowly, but surely moving in the right direction. I did purchase a few companies last month, though those dividends will be reflected in the following quarter. I am also looking into future acquisitions as Mr. Market has continued its gloomy streak for the last few months. Either way, there is a few companies that are trading at a very attractive levels right now.
I enjoy publishing these monthly dividend income reports as I have gained a much better understanding in how much of my passive income is coming in every month and how much it is growing over time. For the month of September, I have received a total of 19 diversified direct deposits in the form of dividends straight to my brokerage account. Additionally, I am initiating DRIP requests for majority of my portfolio holdings, to reinvest the dividends into shares automatically. I am thinking of doing this until market values rebound.
- Aflac, Inc. (AFL) – $22.72
- ConocoPhillips (COP) – $13.60
- Johnson & Johnson (JNJ) – $18.83
- Chevron, Inc. (CVX) – $8.63
- 3M Co. (MMM) – $6.15
- Kellogg Co. (K) – $8.50
- Realty Income Corp. (O) – $9.04
- McDonald’s Corp. (MCD) – $19.10
- Mattel, Inc. (MAT) – $17.98
- Royal Dutch Shell (RDS.B) – $41.36
- BlackRock, Inc. (BLK) – $8.84
- Waste Management, Inc. (WM) – $10.20
- Lockheed Martin Corp. (LMT) – $22.66
- T Rowe Price Group, Inc. (TROW) – $6.24
- Digital Realty Trust, Inc. (DLR) – $34.00
- Public Storage (PSA) – $13.60
- PepsiCo, Inc. (PEP) – $19.04
- The Travelers Companies, Inc. (TRV) – $6.10
- Union Pacific Corp. (UNP) – $17.65
Total – $304.24
When statistically comparing last years dividend income total from September 2014 to September 2015, it represents a positive 6.4% for a year over year increased growth. The growth difference from last quarter is positive .5% quarter over quarter increased growth.
Goal: With 9 months behind, I am 68.5% of my goal complete.
The dividend income page is updated accordingly.
Thank you for reading & have a great day!
Over $300 in dividend income is pretty awesome. Gotta love getting paid for doing absolutely nothing. DRIPing is a great idea, we’re enrolled in synthetic DRIP for many of our holdings.
Truly amazing concept when you can buy true assets (businesses that generate income) and sit back and collect the paychecks and then buy more assets with the proceeds. Easy as that baby!
As for DRIPing, I enrolled all my undervalued stakes to automatically buy shares with the proceeds. At least till the market returns to normal. Dollar cost average with DRIP.
Thanks for the support!
Solid month DV, thanks for sharing. It looks like you are very well diversified.
Absolutely, I am strong advocate towards diversification of anything in life. You know one of the quotes in life is that diversification is as close of a free lunch you can get. We all have to eat. 😉
Take care.
Lots of common companies between our portfolios although I hope to add TRV and BLK to my portfolio in the future. Great job with your dividends as they showed solid growth YoY. Keep up the good work!
Glad we can find a common ground with our investments. I hope to add more to those two myself.
You keep up the good work yourself.
Best of luck.
DV,
How do you feel about your YoY Div growth? 6.4% is nothing to sneeze at, for sure (especially with the market down/flat YoY), but it would seem like div growth + new capital would give you a bit better YoY comparison. Just curious. Obviously, money for nothing is great no matter how much.
Thanks for posting!
Eric
Well, I did purchase a new home at the beginning of the year withdrawing 6k from the portfolio. In addition to that, ARCP was a heavy hitter in the portfolio, with that gone, my yearly dividend income took a bit of a hit. Market volatility has nothing to do with my dividend income… As far as the 6% YOY dividend growth is concerned, its not huge growth, but I will take it. I am focusing on quality much more now.
I would have to disagree with your last statement, it’s not money for nothing, it’s money for being a part owner of that business. 😉
Take care.
Great month DV ! You beat me by about $3 this month. 😮
That may be so this month, but I am not so sure about the others. You have very nice and equal distribution of dividend payments.
Keep up the good work, I am right behind you!
Thanks for sharing your recent dividend income with us. Great looking month with a few names in common between our portfolios. TRV is one name that I’d like to add one day. Now that CB was bought out by ACE I wouldn’t mind another P&C insurer. Congrats! Look forward to seeing if you make your goal!
Pleasure is all mine, I hope readers find it inspiring and motivating that it is true money can make money and therefore essentially can become financially independent. Obviously I am doing on small scale, but enlarged and compounded over many years can be immensely powerful.
As far as the goal, I am 6.5% behind it, almost a month. We will see how close to the goal I will get, hopefully with some help from a few dividend raises. Either way, it is a learning experience and even if if fail, I still win.
Thanks for stopping by!