It's that time again when we get to post about a favorite topic of ours, dividends! We hope this post inspires other families out there to start saving and investing as soon as they can. The power you feel knowing that you are richer than you were yesterday and you didn't have to work for it is a wonderful feeling. Watching the totals pile in from all the various bloggers out there in this community continues to be a driving force to get ourselves to save and invest more and more.
We realize that our situation is different than every other blogger out there but its not how much you make, its how much you save. We make a middle class income but we live well below our means and this gives us the benefit to invest the surplus month after month and subsequently drive our passive income to new heights!
We want to thank all of you readers out there who have stopped by and congratulated us thus far. You are the reason these posts keep coming out and continue to get better and better!
So with that being said, lets get down to the numbers.
This month was once again a blowout compared to last years September total! A running theme for this year! This months total came in at $527.21 which is an incredible 93.59% higher than last year. It was 11.43% higher than last quarter as well. This also marks the first non-December month where we made over $500 in one month!
The biggest reason for the increase over June's total was a payment from my Extended Market Index fund in my 401K. I had two additional companies, PH and BA also pay me this month that I did not have in June. I lost the LO dividend and my FTSE fund in the 401K paid much less than June. My wife and I have put a lot of money to work over the past year, $40,000 and reached our goal to be exact, and as such, the gains from last year are incredible. Seven out of Nine months this year we have had over a 90% increase from last year. Every month has been over 80% gain.
However, we are not slowing down. This past month we had four stock purchases which was Dover, 3M, Apple and Exxon. A total of about $8,000 invested this month. My wife and I continue to be blessed and this journey continues to inspire us to keep on going.
September Dividend Income:
Total: $527.21
The chart above shows the increase from the previous quarter. When looking at the month of June, the $57.29 was the change from March. As you look at the charts from month to month, it really shows the power of compounding, dividend increases, new purchases and using DRIP with all the companies.
In total, we had a $54.06 increase from June. Like I stated above, the 401K fund was the main driver with that increase.
The chart above shows the increase from the previous quarter. When looking at the month of June, the $57.29 was the change from March. As you look at the charts from month to month, it really shows the power of compounding, dividend increases, new purchases and using DRIP with all the companies.
In total, we had a $54.06 increase from June. Like I stated above, the 401K fund was the main driver with that increase.
Jump over to our dividend income page to see the increases month after month. There is also a nice chart on that page for all you visual learners out there. On that page, you can easily see dividend income investing at work which hopefully one day will be greater than our expenses and that's what we like to call The American Dividend Dream! Check out our complete portfolio here updated on 9/18/2015.
How was your August?
Thanks,
ADD
How was your August?
Thanks,
ADD
Congrats on the dividend income. Thats a fantastic rate of progress since last year. Keep up the great work
ReplyDeleteR2R
Thanks R2R, we have been quite blessed this year. Just wish it would continue but sadly that will not be the case...
DeleteADD,
ReplyDeleteCongrats on your monster haul there. That's simply fantastic!
You're definitely on pace to achieve The American Dividend Dream, and in pretty short order. You're becoming more free with every dividend that rolls in, and every fresh investment you make. Keep it up!
Cheers.
Thanks a lot Jason. It is a great feeling to reach the $500 mark in just a few short years. I'm just trying to keep up with you but your purchases have been insane the past two months! You are really killing it!
DeleteThanks for stopping by
That's some serious improvement yoy. That extra $40k is turbo charged your income and should grow each year as well. Thanks for the update.
ReplyDeleteThank Captain. We would love to get a few more thousand into the market but the rest of the year now looks pretty tight on funds. Had to buy a truck as mine died...
DeleteThanks for stopping by
That's some serious income, ADD and over 90% yoy growth is cool! Keep racing towards FI.
ReplyDeleteThis year has been a fun ride so far! Can't wait to keep pushing harder in the coming months/years. The rest of the year is shaping up to be not as great as the first half but small set backs will happen in life.
DeleteCheers!
Awesome results for the month from a long list of quality dividend payers. You have really been putting a boat load of cash to work and the results are showing. Keep the quality buys coming. Look forward to seeing how 2015 will close out.
ReplyDeleteI think 2015 will close out on a high note as long as the mutual funds pull through with some big dividends. It's a little nerve racking not knowing what the funds will pay out but it is fun when they surprise with a big payout. Last year the payouts in December were phenomenal... just hoping it stays the same or more this year.
DeleteGreat job! $500 for the month and back to back quarter over quarter increases of $50. And even better almost a double year over year. Consistency is the key with DGI!
ReplyDeleteI hear you with the consistency. My wife and I have been blessed this year. Never in my wildest dreams I would have thought I'd invest over $40,000 in extra cash in one year... Over $50,000 if you count our 401k contributions. It's truly been a fun year!
DeleteHope you all are doing okay over there!