September 2017 Dividend Income Report

By | October 1, 2017

Another month in the history books. September was interesting. I’ve been super busy at work, but right now, things have quieted down. But, unfortunately, that’s how my job is. Ups and Downs. Sometimes I’m busy and other times, I am not. Anyway, I’m excited to dive in to see how much dividend income September brought in.

Dividend Growth Investing remains one of my favorite strategies to earn passive income. Despite being busy at work, my dividends were working for me in the background. Though I was focused on various challenges, my money was focused on earning me more money. That’s how I like it.

Dividend Income

In September, I received a total of $28.72 in dividends, broken down as follows:

  • JNJ —- $8.07
  • MMM – $2.79
  • O —— $3.28
  • XOM — $14.58

Not a lot of companies paid me dividends, but it’s a respectable amount. And, for what it’s worth, it was higher than last month. I realize that month-to-month comparisons are not the greatest, but next year I will definitely be making yearly comparisons.

Forward Annual Dividends

I’m happy to report that I broke the $500 mark in my forward annual dividends. At the time of this writing, my forward annual dividend income is $572.23. My annual goal is to surpass $700 in dividend income. I don’t think I’ll make it, but we will see. I am very confident that I should be able to surpass the $600 mark by the end of the year.

Finally, no new stocks were added to my dividend portfolio this month.

Conclusion

How was September for you? Did you break any records? Let me know by commenting below.

31 thoughts on “September 2017 Dividend Income Report

    1. Dividend Portfolio Post author

      Awesome Dividend Investor. Thanks for stopping by. Looking forward to checking out your blog. It’s always good having a record month!

      Reply
    1. Dividend Portfolio Post author

      Scott, that’s incredible. It’s going to take me a while to get there but I plan on continually investing in dividend growth. Glad September was a good month for you.

      Reply
    1. Dividend Portfolio Post author

      Thanks Geek. I have zero interest in chasing yield. I like higher yields can anyone else but far more interested I string stable companies.

      Reply
  1. BrokeInvestor

    Congrats on reaching the $500 annual dividend income mark! I think it’s better to set higher targets and do your best to achieve it than set a low target where you don’t even need to try to reach it.
    Keep up the progress you are making!
    -BrokeInvestor
    BrokeInvestor recently posted…September 2017 SummaryMy Profile

    Reply
    1. Dividend Portfolio Post author

      Thanks BI. I think you’re right. It helps when goals are realistic but yet challenging enough to reach.

      Reply
    1. Dividend Portfolio Post author

      Thanks Brian. I’m not planning on any major new purchases until maybe fall of next year or more likely summer of 2019. I do plan on putting in about $800 or so a month into my current portfolio. That might slightly increase or decrease depending on circumstances but that’s the plan. But I won’t have another influx of cash for a while.

      Reply
    1. Dividend Portfolio Post author

      Thanks Dynasty. I just love breaking records.

      Reply
    1. Dividend Portfolio Post author

      Thanks PCI. I’m also keeping my fingers crossed.

      Reply
    1. Dividend Portfolio Post author

      Hey Doug. Money is definitely moving in the right direction and so I’m happy.

      Reply
  2. Dividend Diplomats

    DP –

    Nice job and things are looking good! Those 4 companies are rock solid as well. What’s the plan to $700? Dissect it and you’ll find a way to get there, come on!

    -Lanny

    Reply
    1. Dividend Portfolio Post author

      Yea. I really like the companies that are in my portfolio. Regarding the $700 mark, my plan is to keep contributing my monthly minimum contribution amount to my portfolio which is right around $800. I haven’t done the math to see if that’s enough but it does not appear to be.

      My problem is I have other goals, such as paying off my student loans. So any extra cash will likely go to that than towards the portfolio.

      Reply
  3. Dividend Dozer

    It might not be a lot of companies, but I think you’ve picked some good ones. You have the best companies in four entirely different sectors paying you in September. Intentional or not, I like it!

    Reply
    1. Dividend Portfolio Post author

      Thanks dozer. I really try to choose solid companies because I’m terrible at picking out what the next hot top stock is. I just don’t try to play that game. Slow and steady wins the race.

      Reply
    1. Dividend Portfolio Post author

      That’s the idea Mr. ATM. Long term investing is the name of the game.

      Reply
  4. Dividend Daze

    I am going to enjoy the end of the year and seeing your smaller dividend amounts being collected. Because I know for sure, once next year rolls around you will end up probably surpassing me haha. Keep up the good work and quality purchases. All great names paying you this month.
    Dividend Daze recently posted…Portfolio Optimization 2017My Profile

    Reply
    1. Dividend Portfolio Post author

      Haha. Thanks Daze, and if and when that day comes, you’ll be one of the first to know!

      Reply
  5. Mr. Robot

    Solid month and congrats an breaking the 500$ mark! I’m confident that you’ll hit your goal, just keep working on it!

    Reply
    1. Dividend Portfolio Post author

      Thanks Mr. Robot. It may take longer than anticipated but looking forward to hitting $700.

      Reply
  6. Stockles

    Would you look at that! What was your original goal before you had the bonus? Can´t remember anymore, but heck: You´re doing great DP!

    Reply
    1. Dividend Portfolio Post author

      Thanks Stockles. I made a new goal for the year. I don’t think I’ll make it but will be working towards it every month. Gonna reassess at the beginning of the new year.

      Reply

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