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September is over and what a month it was! For the first time ever, we broke through $1,000 in dividends and there is still another quarter left in the year.
Despite a lot of market uncertainty over the past couple of months, our dividend portfolio still seems to be chugging along. Instead of worrying about which way the market is going, we took the opportunity to increase our investments recently.
This will certainly pay “dividends” down the road.
Here is our dividend income portfolio results for September, 2015 –
2015 September Dividend Income Results
September not only set an all time high for dividend income, but also blew past the $200 monthly mark for the first time. I am blown away by the growth that we have seen over the last several years, which can be seen below with past September dividend numbers –
- September 2012 – $59.64
- September 2013 – $70.97
- September 2014 – $133.83
September 2015 Dividend Income – $226.27
We saw an increase of over 69% last month compared to September 2014! Just look at those numbers for a minute. Our dividend income this past month increased by almost $100 compared to last year during the same month!
All the new investment dollars we have been pumping into the market are starting to bear fruit in the form of dividends. These are the results that keep us motivated!
Here is the breakdown of dividend income (by stock) in September, along with the number of new shares added from DRiP –
- Aflac Incorporated (AFL) – $9.88 (.10 shares DRiP and $3.90 cash)
- BHP Billiton Limited (BHP) – $31.00 ($31.00 cash)
- ConocoPhillips (COP) – $14.55 (.32 shares DRiP)
- Consolidated Edison, Inc (ED) – $22.73 (.37 shares)
- Emerson Electric Co. (EMR) – $4.70 ($4.70 cash)
- Intel Corporation (INTC) – $11.47 (.12 shares DRiP and $8.30 cash)
- Johnson & Johnson (JNJ) – $15.58 (.14 shares DRiP and $2.25 cash)
- Kellogg Company (K) – $2.51 ($2.51 cash)
- McDonald’s Corp (MCD) – $30.25 (.30 shares DRiP and $1.13 cash)
- Microsoft Corporation (MSFT) – $15.09 ($15.09 cash)
- Norfolk Southern Corporation (NSC) – $14.88 (.19 shares)
- Realty Income Corporation (O) – $6.65 ($6.65 cash)
- Target Corp (TGT) – $12.28 (.16 shares)
- Unilever plc (UL) – $2.98 ($2.98 cash)
- Wal-Mart Stores Inc WMT) – $6.91 ($6.91 cash)
- Exxon Mobil Corporation (XOM) – $24.81 (.34 shares)
Note – All of the dividends we currently receive are reinvested into new shares of the same stock using DRiP – except those purchased through our LOYAL3 and Robinhood accounts.
New Capital Invested in September
The market has seen a little up swing lately, but we are still busy adding new shares of stock to build our portfolio. Here are the new investments we made in September –
- $299.02 lump sum investment in Caterpillar (CAT) – 4 shares
- $150 automatic investment in Microsoft (MSFT) – 3.41 shares
- $65.87 lump sum investment in Omega Healthcare Investors Inc (OHI) – 2 shares
- $50 automatic investment in Unilever (UL) – 1.22 shares
- $50 automatic investment in Verizon (VZ) – 1.08 shares
- $150 automatic investment in WalMart (WMT) – 2.36 shares
We had our normal automatic investments in WalMart, Verizon, Unilever, and Microsoft through Robinhood and Computershare. In addition, we added to our positions for Caterpillar (4 shares) and Omega Healthcare (2 shares) through Robinhood. I really like using Robinhood for these smaller purchases as we don’t have to pay any commission or fees.
The total amount of new capital invested in September was – $764.89
Here are the new investment totals for the year –
- January Investments – $475.00
- February Investments – $1,067.30
- March Investments – $652.26
- April Investments – $1,094.77
- May Investments – $4,219.12
- June Investments – $1,148.80
- July Investments – $482.64
- August Investments – $750.00
- September Investments – $764.89
New 2015 Investments – $10,654.78
12 Month Forward Dividend Income
We continue to track our 12 month forward dividend income each month. Several factors will determine if our forward dividends increase including: adding new shares, dividend reinvestment’s, and when a company raises its annual dividend.
Here are our current and past results for the year –
12 Month Forward Dividend Income
- March 2015 – $1,239.21
- April 2015 – $1,288.31
- May 2015 – $1,501.44
- June 2015 – $1,570.40
- July 2015 – $1,590.65
- August 2015 – $1,615.53
- September 2015 – $1,679.28
Our 12 month forward income grew by almost 4% this past month (3.94%). That is an increase of $63.75 in future dollars!
This increase was a lot more than a typical month lately. Most of the increases were fueled from a couple of double digit raises handed out by the companies we own. Microsoft gave us a 16% raise while Lockheed Martin shortly followed that up with a 10% hike!
I love this! Getting a double digit raise for doing absolutely nothing – other than holding on to some really great companies.
The dividend income earned in September ($226.27) was up over 69% from the same time last year. This is all a direct result of pumping more and more money into the stock market.
To date, we have earned a total of $1,043.42 in dividend income for 2015. This is the first time ever we will earn over $1K in dividends! Plus, we still have another quarter to go.
At this rate, we would earn around $1,425 in annual dividend income this year. Since our goal is to earn $1,500 this year, we have a lot of work to do over the next 3 months.
How was your dividend income in September? What stocks are you buying in this market?
Full Disclosure – At the time of this writing, we owned shares in the following stocks noted in this post – AFL, BHP, CAT, COP, ED, EMR, INTC, JNJ, K, MCD, MSFT, NSC, O, OHI, TGT, UL, VZ, WMT, and XOM. The material above is not a recommendation to buy. Please do your own research on a company before deciding to invest.