Money and Finance
Dividend Income - January 2016 Update
Hi Everyone,
The first month is in the books and boy was it quite the rough month! Stock market took a pretty good tumble and the east coast was hit by one of the biggest blizzards/snow storms in the history of records. It was a pretty calm month for us all together. Only a couple purchases (that I did not post about) and our expenses were quite low. We were able to book another vacation... Charleston, SC... that was completely paid for through the use of credit card points!!
In the past week, I made the mistake of finally visiting Spoonman's journal! If you have an hour or two to kill, it is a fantastic read. I started from page one and went all the way through the end in the course of a day. I call it a mistake because at the end of reading it, I told my wife I want to sell everything, invest in dividend stocks, move in with my parents for a year to save money, and at the end of it all... retire!!! It could probably be doable but we would still have to find some work where ever we moved to but man is it fun to dream!
We ended up making four purchases in January! UNP, UA, UA again, & AAPL. These all add up to roughly $4,000 of investments to start off the year! I wish I had more capital to invest during the selloff, but the truck purchase last year hurt us in that regard. We are still trying to build back up our savings a bit.
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 pretty good with regards to our year over year increase. This months total came in at just
$326.59 which was an increase of decrease of
45% compared to last year.
The increases were a result from investing into WPC and DLR. The rest of the increase was due to compound growth!
January Dividend Income:
Total: $326.59
The chart above shows the increase from the previous quarter. When looking at the month of August, the $54.06 was the change from June. 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.
Excluding PEP, our organic/compound growth income was $5.27 over the previous quarter. At 3.5% yield, that is like having an extra $150 invested!
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.
How was your January?
Thanks,
ADD
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