We're done with October! Let's see how many companies sent me a dividend check for my ownership. These checks are the results of decisions I made earlier in life, sometimes years ago, where I decided to purchase shares in these companies. Nowaydays I still collect these checks but I have to do absolutely nothing to receive them. They just get deposited in my brokerage account, no questions asked. Isn't that great?!
Compared to last year my dividend income increased by more than 20%. It's mostly because of my recent purchase of CSCO. I received about € 43 after taxes, compared to € 35 last year. In total I got paid by 5 different companies. Most of my holdings showed some dividend growth albeit small.
I am still ahead compared to the cumulative total I received last year till now. I still aim for an increase this year, but it won't be a growth of 40% as targeted but maybe something like 10%. We'll see what happens! In the meantime, I just keep grinding away, putting money to work and reap the rewards down the line.
How was your month? Do you see values in the current marketplace?
Seeing those cumulative dividend lines stacking higher and higher is pretty cool and I'm sure motivating
ReplyDeleteYeah Ken-K, it definitely is! Thanks for sharing your thoughts.
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ReplyDeleteCongrats on another solid month and for being ahead of last years pace. PEP, JNJ and V look interesting to me. PEP and JNJ because the yields for both are right around the 3% level so I've been DCAing a bit into those. Visa had a disappointing dividend increase, but all things considered nearly a 7% increase is still solid. I don't think the long term thesis is broken so I'll gladly DCA more into that one as well at these levels.
Hi PIP, thanks for taking the time to comment and sharing your shortlist. PEP and V would definitely be nice additions to my portfolio.
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