Another month has passed by, and it’s time for me to post the dividends that Skyy earned in the month of April. It’s hard to argue the success of long-term dividend growth investing when you can slowly and surely see dividend income rise over time and get closer to covering your family expenses.
I hope these monthly dividend income reports provide inspiration for any investors out there that are just starting out. It shows that it’s possible to one day pay for monthly expenses with dividends, which would provide an investor opportunities and freedom to pursue other interests than full-time work.
April 2016 Dividends Received
- General Electric (GE) – $9.39
- Eletro Rent (ELRC) – $12.99
- Montana Dakota Utilities (MDU) – $5.74
- Cisco (CSCO) – $2.68
- Chimera (CIM) – $58.68
- Philip Morris (PM) – $2.09
- Walmart (WMT) – $1.51
- Realty Income (O) – $6.15
- Coca-Cola (KO) – $3.62
- Diageo (DEO) – $2.54
Total dividends received during the month of January: $105.39
So once again I am very proud of Skyy for reaching $100+ dollars for the month of April! And unlike the month of March with the special dividend from Chimera, this month Chimera paid its regular scheduled dividend. Now for the ones who are not in the investing world, Chimera is not part of the Dividend Aristocrats or Kings so we will see how much cash they can make for Skyy and I to invest in other Great Companies.
Once again we are truly thankful that Skyy was able to earn $105 this month without lifting a finger and continuing to be a great daughter. She did nothing to earn this money except for make great decisions with past capital! Decisions like investing in high quality companies that reward her as a loyal shareholder with a piece of the profit.
Work Hard or Work Smart?
Full Disclosure: Skyy is long all stocks above