Another month in the books! The elusive $200 month has managed to narrowly escape me once again. Not that I’m complaining because this was a great month for me! I’d love to see $200+ this December though!
For those wondering how I make free trades and pay no commissions, I use Robinhood for my dividend portfolio. If you want to sign up, use my link and we’ll both receive a free stock valued up to $150!
These are all the companies that paid me dividends in September amounting to $186.27.
I received $63.63 from dividends in my Roth IRA this month. This brings my yearly total to $214.37 and puts my monthly average for the year at $17.86. Only one more big month for my Roth this year!
My dividends year over year in September increased from $144.73 to $186.27. This was a 28.70% increase year over year. Not a crazy year over year increase but I’ll take it! For 2017, my average monthly year over year increase is now at 101.66%, pretty awesome! I would love to continue to see growth like this finishing out 2017.
I received a total of $920.90 from dividends in 2016. I’m currently at $1,150.19 this year which is 124.90% of 2016’s total. I’m already about 25% up on 2016’s total and I still have 3 months to bring that number even higher! I might even manage to hit 175% of 2016’s total this year, that would be amazing!
My total annual dividends increased this month from $1,368.91 to $1,411.69, while my average monthly dividends increased from $114.07 to $117.64. This was a 3.13% increase month to month! For 2017, my average month to month increase is now at 1.29%, my portfolio overhaul had a large impact on this number, it would be around 2.39% excluding April, so I expect to be closer to that number next year.
September 8: Purchased 4 shares of UPS at $115.15 for a total of $460.59.
September 22: Purchased 9 shares of O at $57.51 for a total of $517.59.
No sells this month.
Dividend Increases: 2 Increases
Verizon increased their quarterly dividend payout from $0.577 to $0.59. This was a 2.25% increase and will earn me an extra $2.76 annually or $0.23 monthly.
Microsoft increased their quarterly dividend payout from $0.39 to $0.42. This was a 7.69% increase and will earn me an extra $3.84 annually or $0.32 monthly.
Together these two increases will earn me an extra $6.60 annually or $0.55 monthly with no additional money invested.
This chart shows my average monthly increases from organic dividend growth ( growth from companies increasing their dividend rather than growth from additional capital invested ). My average monthly organic increase for the year is now at $0.49 up from $0.48 last month. A goal of mine is to get my portfolio to the point to where my organic growth matches my growth from additional capital invested and then eventually surpasses it. For 2017, my average monthly growth from additional capital invested is at $1.30. This number is much, much lower than it should regularly be. My portfolio overhaul affected this number as well. Excluding April this number would be about $2.50, so that is my goal for organic growth as of now.
Rental Property: $650
I received $650 for rent in August.
We’re still waiting to close on the three rental properties we’re in contract for. It should happen by the end of October.
I’m still behind 11 contributions to my dividend portfolio totaling $4,840 from when I was injured at the start of this year. I also haven’t contributed anything to my Roth IRA for the year yet, so that’s another $5,500 that I need to make appear out of thin air! Once we finally close on the three rental properties I’ll start to tackle these numbers. I’m starting to think I can make it happen, fingers crossed!
Here are all my other monthly Dividend Portfolio Updates if you want to catch up!
Leave a comment and let me know how September went for you! I look forward to hearing from all of you every month!