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Dividend Income and Net Worth Report – September 2016

Dividend Income Net Worth

What a great month! Not only does September feature “Talk like a Pirate Day” but my passive dividend income and net worth were incredible this September. I’m so excited to share this months success.

dividend-income-and-net-worth-september-2016

Dividend Income

As we all know, dividend growth investing is a long term game.  Unfortunately, long timelines can make it difficult to keep focused on the final prize.  So to combat this, I’m a strong believer in celebrating short term successes.  This post is that, a dividend celebration post!

Let’s get to it.

This month I received $452.52 in dividend income.  On average, I was paid $12.23 from 37 different companies (more accurately, 36 companies and 1 fund)!!  This is some HUGE growth!!  My investments are really beginning to work for me now.  The dividend seeds I planted over the last two years have grown and ready for the indefinite harvest.  This month’s passive dividend income is a staggering 91.46% increase over September 2105.

To think back to where I was in my first passive dividend income post where I was thrilled to report making $75 in one month.  To now, not only reaching a new monthly dividend income record, but also surpassing the $400 threshold for the first time.  Heck yeah!

September 2016 Dividend Income



The pie chart below also shows the percentage of each payment .

Here is a chart of my passive dividend income progress over the last 2 years.

The dividend portfolio has been updated.

Net Worth

Net worth moved slightly up this month.  However, it will be rocking down in the next few months as we do some home improvement.

Let’s do the numbers…

net-worth-report-september-2016

Cash

Cash this month was pretty much stagnate.  Clearly, a nice change from the last few reports.  I’m outsourcing a large bit of my home improvement work this month which will eat into my cash considerably.  I suspect it will run me roughly 10k.  Ugh.  While I know I’ve saved hard to use the money for this purpose, it’s still a struggle to spend it!

 

Real Estate

Our property values have slightly declined over the last month.  Which makes complete sense.  The height of the home buying season is over and the really expensive homes sitting across the street from me have now been sitting vacant for almost a complete year.

The rental properties went another month without any issues!  No maintenance required or calls from tenants is always welcome.  We are working very hard on getting rental property #2 paid off and doing a really nice job.  It’s been a struggle financially, but I know the minor financial struggles we make now will pay handsomely down the road.

 

Cars

Our cars got pretty beat up this month falling over over 4-5%.  Our car values typically fall 1 – 2% each month.

 

Wrap-up

My passive dividend income was amazing and a bit of a surprise this month.  In fact, I had to check my statements a few times to make sure I wasn’t adding wrong.  I know glaring deals aren’t easy to discover at the moment, but even buying a bit on the high side is accomplishing my goal of increasing my passive dividend income.  I’ve come to terms that I won’t make my yearly dividend goal of surpassing $3,000 this month, but I’ll come really close!  And I’m alright with that.

Net worth is moving ahead of schedule with the incredible rise in real estate prices.  But other than that, things are moving according to play.  If you’d like to see my previous dividend income and net worth updates, you can find them here.

 

How did you do this month?  Were you surprised by the growth of your dividend income as well?

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I’m a dividend growth investor who is aiming to retire in 7 years at the age of 45. My goal is to live off the income my dividend portfolio and rental property produce exclusively and leave the corporate rat race. I hope you will join me in this journey!

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  • Doug Oct 5, 2016, 4:59 pm

    Awesome month on dividends and net worth. Keep it up. We share a couple of companies. On your dividends for the month.

    • Blake Oct 10, 2016, 12:28 pm

      Hi Doug,

      Thank you! Glad to hear we have a few holdings in common.

      Thanks for stopping by!

  • More Dividends Oct 6, 2016, 1:03 am

    Great month Dividend Pig. That is some very nice YoY growth that you were able to achieve. I also think that you have diversified very nicely by owning your 2 rental properties. Nice article. Thanks for sharing.

    • Blake Oct 6, 2016, 9:27 am

      Thanks MD,

      It was a bit of a surprise how great the growth was this month. When you consistently make even smaller buys, they really do start to add up! The rental properties are nice to have when everything goes right. They certainly can be a pain, but the rental income is completely worth the effort… most of the time 🙂

      Thank you for stopping by!

  • DivHut Oct 7, 2016, 7:05 pm

    Over $450 for dividend income is a super solid sum and that year over growth is amazing too. While it’s true that dividend investing is a marathon these monthly updates should help you stay focused on the long term prize. As usual a lot of solid names paying you with quite a few in common with my portfolios. Thanks for sharing.

    • Blake Oct 10, 2016, 12:06 pm

      Hi DH,

      Thank you! The monthly dividend income is certainly growing at a decent pace. I suspect it will start to plateau a bit, but I’m very happy to have a good base amount now.

      Thank you for dropping in and commenting!

  • MrSLM Oct 9, 2016, 4:41 pm

    Not sure what’s more amazing, a 91.46% increase or the fact you can see your future income from September 2105! Just kidding, great job! 🙂

    • Blake Oct 10, 2016, 12:03 pm

      Might have worded that incorrectly. I proof everything before hitting post, but I still end up finding mistakes all over the place 😐

      Thank you for stopping by!

  • Investment Hunting Oct 9, 2016, 9:08 pm

    Congrats on the amazing YoY dividend income growth. It looks like one or two more good stock market months and your net worth could go over $1M!

    • Blake Oct 10, 2016, 12:11 pm

      Thank you IH!

      Definitely getting closer! I would need have to have some serious gains to surpass the 1M mark… which I sadly suspect is unlikely. However, if it goes the other way, that will be good news too as there will be lots of opportunities to make some new buys!

      As always, great to hear from you and thank you for stopping in!

  • Cash Lab Oct 10, 2016, 2:48 pm

    Nice haul this month! I think car values across the board got beat up in September as I saw the same with our cars. It may have something to do with the newer models coming out.

    • Blake Oct 11, 2016, 9:50 am

      Thanks CL,

      It’s interesting to see how much car prices fluctuate. I never would have guessed 2 years ago before I started tracking. I think you’re spot on with regards to new models dropping prices. Now we know, if you want to sell a car, do it in August or September to get the most out of it before the new models come out.

      Thank you for commenting and checking in!

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