Another month has passed by, and it’s time for me to post the dividends that Skyy earned in the month of December. 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.
December 2016 Dividends Received
- Pfizer (PFE) – $3.19
- Spectra Energy (SE) – $2.59
- Johnson & Johnson (JNJ) – $1.65
- Coca-Cola (KO) – $3.70
- Emerson Electric (EMR) – $2.49
- Chevron (CVX) – $2.26
- Realty Income (O) – $6.40
- Unilever (UL) – $0.73
- Consolidated Edison (ED) – $7.11
- Diebold (DBD) – $1.07
- Old Republic (ORI) – $3.83
- Waste Management (WM) – $0.85
- Frontline (FRO) – $13.86
- Bank of America (BAC) – $1.52
- Cornerstone Fund (CLM) – $33.05
Total dividends received during the month of December: $84.30
The new year is Finally here! The Dow still has not hit 20K as of yet but might do so in the next month or so. I made some buys at the end of the year that should boost the Dividend Income for the new year and make it past the $1000 mark for income by the end of the year.
Its crazy to think how fast 2016 went past, overall it was a good year and the Skyy Fund saw a nice bump YTD. Hopefully the bull market can continue all the way into 2018 along with the expected Fed rate hikes. (haha) but time will tell.
I still plan on adding to the companies that pay out in Feb., May, Aug., and Nov once I can add more money to the account. As always we are truly thankful that Skyy was able to earn $84 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 Cash Flow!
Work Hard or Work Smart?