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.
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
|9/1/16||Ford Motor Company||F||14.53|
|9/6/16||Johnson & Johnson||JNJ||21.15|
|9/7/16||Wal-Mart Stores, Inc.||WMT||23.73|
|9/15/16||Realty Income Corp||O||14.77|
|9/16/16||Duke Energy Corp||DUK||30.73|
|9/20/16||BHP Billiton plc (ADR)||BBL||7.91|
|9/30/16||PowerShares Preferred Portfolio(ETF)||PGX||2.75|
|9/9/16||Exxon Mobil Corporation||XOM||34.03|
|9/1/16||Wells Fargo & Co||WFC||22.98|
|9/7/16||Unilever plc (ADR)||UL||3.53|
|9/8/16||Emerson Electric Co.||EMR||3.80|
|9/8/16||Honeywell International Inc.||HON||4.17|
|9/10/16||United Technologies Corporation||UTX||2.64|
|9/15/16||Home Depot Inc||HD||2.07|
|9/15/16||Main Street Capital Corporation||MAIN||2.70|
|9/20/16||UnitedHealth Group Inc||UNH||3.13|
|9/23/16||Lockheed Martin Corporation||LMT||4.95|
|9/29/16||T. Rowe Price Group Inc||TROW||9.18|
|9/30/16||Digital Realty Trust, Inc.||DLR||4.40|
|9/30/16||Marriott International Inc||MAR||1.80|
|9/30/16||Travelers Companies Inc||TRV||4.69|
|9/30/16||Union Pacific Corporation||UNP||18.97|
|∑ = 452.52|
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 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…
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!
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.
Our cars got pretty beat up this month falling over over 4-5%. Our car values typically fall 1 – 2% each month.
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?