Another month has passed by, and it’s time for me to post the dividends that Skyy earned in the month of January. 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.
What you’ll see below is a list of every dividend Skyy collected over the prior month, which company paid the dividend and the amount of the dividend.
January 2017 Dividends Received
- General Electric (GE) – $10.02
- Montana Dakota Utilities (MDU) – $6.04
- Cisco (CSCO) – $2.75
- Chimera (CIM) – $80.48
- Philip Morris (PM) – $2.20
- Realty Income (O) – $6.40
- Wal-Mart (WMT) – $1.54
- Aberdeen Income Fund (FAX) – $15.52
- Cornerstone Fund (CLM) – $27.60
Total dividends received during the month of January: $152.55
So the Dow Finally hit 20K since the last Dividend Income Update! Everything else seems to be going just fine. I won’t say much on this update, but I do hope to pass the $1,000 mark by the end of the year.
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 $152 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?