Another month has passed by, and it’s time for me to post the dividends that Skyy earned in the month of August. 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.
September 2016 Dividends Received
- Pfizer (PFE) – $3.16
- Spectra Energy (SE) – $2.53
- Johnson & Johnson (JNJ) – $1.63
- Emerson Electric (EMR) – $2.44
- Chevron (CVX) – $2.21
- Realty Income (O) – $6.32
- Unilever (UL) – $0.71
- Consolidated Edison (ED) – $7.05
- Old Republic (ORI) – $1.93
- Waste Management (WM) – $0.84
- Frontline (FRO) – $20.15
- BHP Billiton (BBL) – $0.89
- Bank of America (BAC) – $1.51
- Wal-Mart (WMT) – $1.53
- Cornerstone Fund (CLM) – $8.77
- Aberdeen Income Fund (FAX) – $3.77
Total dividends received during the month of September: $65.44
Wow it seems September has passed by in a blink of an eye and once again it has still been quiet as the election approaches in November (less than 30 days) and nothing really dramatic has happened to move the market either way. As I discussed last month I am still focusing on getting our income from Dividends to average over $100 a month in 2017. Let’s see if the market can hold up for the next 5 months and treat us well.
Once again we are truly thankful that Skyy was able to earn $65 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?