One of my most successful sources of side income is from investing in dividend stocks. Just last year, I earned an extra $967.12 that was invested back into the stock market. This year, I plan on continuing to grow this steady and secure source of income. Since dividends are a major piece of my overall multiple income source strategy, it is important that I set future goals. These short term goals will help me plan ahead so that I stay on target for even longer term goals. My long term goal is to eventually earn $2,500 per month in dividend income (or $30,000 annually). This is a multi-year process and 2015 is another stepping stone to reaching this goal. In 2015, I would like to increase my annualized dividend income [...]

I would say that 2014 was a great year for my dividend income porftolio. Although I did not hit my goal for the year in dividend income earnings, I continued to grow my stock holdings and look forward to future growth. Here are a few highlights from the past 12 months. As expected, I recorded my highest dividend income earnings during 2014. I earned $967.12 in dividends paid out from 23 different stocks in my portfolio. This was an increase of $316.96 or 48.8%since last year (2013). Here is a look at my dividend income over the past 4 years - 2011 - $243.81 2012 - $431.02 2013 - $650.16 2014 - $967.12 As you can see, I have steadily grown my dividend income each year since starting out in [...]

Even though I did not hit my goal of earning $1,250.00 in dividend income for the year, it did end on a good note. During the month of December, I set a personal record on dividend income earned! I look forward to carrying this momentum into 2015 and setting new highs along the way. Here are my results for December, 2014 - What a way to end 2014! I set a new all time high the month of December with dividend income of $146.82. Based on prior results, January will be lower than December and February will be even lower. But come March I will likely set another all time record. It is months like this that help keep me motivated in building this side income stream. Just last December [...]

As 2014 is winds down, I realize that I won't hit my goal of earning $1,250.00. I actually will end up with a little bit less than $1,000 in earned dividends this year. While my year long goals will not be met, I am still happy with the overall growth I have seen from my stock portfolio. November was another solid month for me and I look forward to carrying this growth into the new year. Here are my results for November, 2014 - Based on the companies I own in the Money Sprout Index, November is one of the slower months when it comes to dividend income. My monthly dividends dropped by over $90 compared to my earnings just two months ago. Let's point out though that two months [...]

By investing in the best blue chip dividend stocks, I have built a solid income stream that is sustainable. Every month I earn dividend income from my holdings. As each month passes, I continue to reinvest my dividend income back into new shares of stock. I am also investing new capital into dividend stocks, which is helping to grow this income stream. Every month I report out the dividends I have earned and where I am investing new capital. Here are my results for October, 2014 - Just last month I set a new personal record for dividend income with $133.83. While not as high, I brought in just under $80 in dividends during October. This may seem like a significant decrease from the prior month, but it is not. [...]

Investing in dividend paying stocks has been my most sustainable source of side income since starting The Money Sprout. Every month I publish a dividend income update of the stocks found in The Money Sprout Index. This diversified set of stocks consists of some of the best managed companies in the world. Each of these companies consistently raise their dividend payouts annually, which means that I get a raise! Here are my results for September, 2014 - I set a new personal record for dividend income in September! While I know that my dividend income fluctuates from month to month, it is still nice to break my old record. Based on my current allocation, I would expect to break eventually break this months record in December. And another in March, [...]

The Money Sprout Index consists of 19 different dividend stocks (at the time of this writing) from 9 different sectors. This portfolio of stocks has become a sustainable source of side income for me for over the last 3+ years. As I continue to invest in only the bestnd paying stocks, I have seen this income stream grow year after year. At the end of each month I report out the dividend income earned, new money invested, and any additional changes made to the portfolio. Here are my results for August, 2014 - During the calendar year, August is generally one of my slowest months for dividend income. Since all of the stocks I currently own pay quarterly dividends, my monthly totals really fluctuate. For example, just last month I [...]

Earning dividends has been the most successful form of side income for me since starting The Money Sprout. Since I continue to invest in only the best dividend paying stocks, I have seen this income stream grow year after year. At the end of each month I report out the dividend income earned, new money invested, and any additional changes made to The Money Sprout Index. Here are my results for July, 2014 - Even though only 4 stocks I own paid out a dividend in July, I still saw growth in my portfolio. This month continued to show that I am slowly building a sustainable income stream by owning some of the best managed companies in the world! Note – All of the stocks currently in my dividend portfolio [...]

Earning dividends every month from stocks has been my most consistent form of side income. As long as I am investing in only the best dividend paying stocks, my monthly income over time will continue to increase. Income growth from this stream comes from two different sources. Since I am still in the allocation phase of building my portfolio, I reinvest all dividends earned back into new shares of stock. Also known as DRiP, this tool provides a great opportunity to compound my income into new shares of stock. The second method for growing my portfolio is from new capital invested. Regardless of what the overall market is doing, I am consistently investing new money into awesome dividend stocks. Here are my results for June, 2014 - At the end [...]

One of my most successful income streams found in The Money Sprout Blueprint is from dividend stocks. Month after month I continue to generate dividends from this awesome income stream. As I continue to reinvest dividends and invest new money each month, I have seen tons of growth from this income source. While I wouldn't want to put all my eggs in one basket, building a portfolio of dividend paying stocks is a great way to diversify my income. Provided I invest in only the best dividend paying stocks, I am confident this income source will continue to grow at a rapid pace over time. Don't believe me? Just check out the dividend income I have earned so far. Here are my results for May, 2014 - Each month I [...]