Lanny’s September Dividend Income Summary

It’s the most wonderful time of the year!  Ah, the quarter-end dividend income summary post.  This is my favorite time of the year, as most companies traditionally pay on a calendar quarter end, which for the U.S. dividend investors, this typically means a bigger month of collecting dividends than usual.  Will that be the case for me?  Did I set some milestones here?  I have established now a minimum bar, as well as leaped to new heights for my September dividend income!

dividend income

dividend income

This was a record September month, I received a total of $1,009.48.  BOOM BABY!!! Another 4 digit month for me in the books!  I had one back in June of this year, with my first being December of 2015.  It feels good that this is becoming a “standard” quarter end mark for me.  Absolutely loving it!

sept-div-inc

From looking at above, I had a whopping 25 different entities paying me, including the funds on the right side in my retirement account.  This is up 3 positions from last September, adding more to my army of dividend deploying assets.  Whom did I add?  Well the big one being T. Rowe Price (TROW), as I purchased them again just before their ex-dividend date in the early-to-mid part of September.  Archer Daniels (ADM) is another whopper that was including this year vs. last year, which added another bang to the portfolio.  Very lucky.  Think of this – that $1,009.48 above reinvested and easily added over $30/$35 in forward income for me as well.  Couldn’t be more excited about the growth that I’ve experienced here and the amount received in September!

Similarly, I have split out between the individual stock amounts and the retirement accounts, as the ” – R” indicates a Roth IRA dividend (or the furthest column to the right, I forgot the “R” this quarter).  I separate these two, as I like to know what portion of my dividend income is coming from those retirement accounts that I cannot touch until 59.5 (barring any other usage rule I could use).  Here, it shows that I received a total of $348.06 or 34.48% of my income from retirement accounts and the other 65.52% was from my individual taxable account portfolio.  $348.06 from retirement accounts shows that I’m all ready for my set it and forget it mentality to keep that income going, but given the large amount of income, it’s nice to see almost $700 from individual stocks, this is hilarious.  To see my portfolio – one can go to our portfolio summary page.

dividend income Year over Year comparison

Something that I like to do now is attach in prior year’s dividend income, which the image is copied in below, with 2015 first and 2016 to follow.

2015: 

2016: sept-div-inc

From looking at the comparisons, dividends are up in general, it’s incredible (Outside of damn BBL).   Most of the stocks are up  at least 10%, such as Intel (INTC), Visa (V), Rockwell (ROK), Pepsi (PEP), Realty Income (O), to rattle off a few names.  How? One may ask that question.  There is an easy answer to this question.  Through dividend reinvestment and dividend growth, I have been able to further propel this portfolio.  The compounding effect of these two events are intense and can be seen easily above!  It is an amazing feeling seeing the impact these two actions have on the portfolio.  Overall, my growth was $229.85, or 29.5%, greater than last year!  Talk about making moves.

Also, I have to point out, my maximizing my traditional 401(k) has been incredible, as you can see I received a whopping $192.36 from VINIX!  Check out my post here to see what I am currently doing to save on taxes and investing more.

dividend increases

sept-div-increases

Do you see the impact of the dividend growth and increases above?  I am in awe by the shear impact this had on my portfolio, in one single month!  It is incredible and has to be one of the best months I have ever had, as it relates to dividend income increases.  Realty Income (O) continued it’s record year of dividend income increases, as they had increased last month in addition to this month.  Then, Lockheed Martin (LMT) came in with a favorable 10% divided income increase.  Let’s just say I had no complaints this month, at all.  To add $40.46 in forward income, I would have to make an investment of $1,156 given a 3.50% yield.  Thank you stocks!

Dividend income conclusion & Summary

My favorite part, time to reflect on what the month had turned into.  This marked my first actual first month of activating all of my tax strategies, deploying large purchases in Target (TGT) and T. Rowe Price (TROW), and all the while saving over 60% of my income.  In addition to the investing aspects, which you’ll read about in my quarter 3 goal update post to be released later on, I was able to accomplish many things this month as it relates to paying down my mortgage, traveling, etc..  A rounded 30% growth rate is phenomenal to me, as one would expect those growth rate figures to decrease when the amounts are already large to begin with.  However, that was not the case this month and you know how fortunate and lucky I am to say that!  How incredible would it be to start kissing the $1,500 in a single month mark?  Time and consistency will get me there, that I know for sure.

As I discussed with my NEW updated – normal monthly expenditures at the moment, this $1,009 would cover 102.5% of my average $984 monthly expense for my house, including utilities; way up from last year and fully covers my housing expenses.  All of the investing from last year and moves this year, show being frugal to save 60% of my income, that every dollar counts, has helped me in achieving lofty goals that I set in place for my 2016 year.

How did your September turn out?  Bring in a good amount of dividend income?  What do you see from my progress above?  Any comments, tips, insight or further suggestions are always appreciated!  Hope everyone is enjoying their first few weeks of fall and thank you for coming by!  Talk soon.

-Lanny

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43 thoughts on “Lanny’s September Dividend Income Summary

    • Two Investing –

      I fully believe if you write the goals down, envision the goal – you have a much better chance achieving the goal. Nice work and let’s both keep it up. My eyes are set on $1,500.

      -Lanny

  1. Really great results. Congrats on setting the bar on the 4 digits mark!

    A calendar quarter end always brings up nice results. We’ve received €130.31 ($147.50) after taxes. It seems a little on the low side compared to yours. But we managed to increase them 115% over 2015. So we’re really satisfied with the results.

    • Divnomics –

      Congratulations to you! Almost to the $200 mark for you, that is going to be some feat once you get there. Big moves, big deals, killing it straight up! Nice job and thank you for posting. We all are on a journey!

      -Lanny

  2. Quarter-end dividends are always the most fun. No doubt about that. All I can say is holy cow!!! Four digits is awesome and it’s my next long term goal to one day average four digits every month. What can I say… TROW and ADM are stocks I can get behind and looks like they did their fair share of pulling for the month. One thing that I do like about your payments is the fact that a lot of names are bringing in similar amounts. Most stocks are in that $30 – $60 range which means your income isn’t dependent on just a handful of stocks for most of your income. Some portfolios you see a couple stocks bringing in $100 each and the rest bringing in like $10. I like your dividend income parity. That’s something I’m still looking to achieve. Always inspiring to read. Thanks for sharing.

    • Hut –

      Thanks for the comment over there! They are the best time of the year, that’s for sure. 4 digits, for my 3rd time and twice in a row on quarter ends feels great, but I know I am not done yet. TROW and ADM are fruitful and December will be more fruitful and then March will be more and… well yes – you can tell where I was going with that.

      Thank you – glad you noticed that I have quite a few that aren’t in the single digit range. You are kicking ass, we are all kicking ass. Long live the dividend!

      -Lanny

    • Doug –

      As always, thank you for the post, means a lot! It does, and this was all through reinvestment, and cannot wait for my dividend invested shares to produce dividends, ahh the cycle.

      -Lanny

  3. Great Job Lanny. $1000 in a single month is awesome! I should hit my first $1000 month in October which I am really looking forward to.
    Keep up the great work!
    Regards
    MrStockFox

    • MrStockFox –

      Thank you very much, I appreciate it and I am looking forward to you kicking butt this month, that’s for damn sure. You’re going to love the taste!

      Keep it up as well, thanks again.

      -Lanny

  4. Hi Lanny,
    Congrats on a fantastic month – beating the $1k barrier (again) is awesome! You’re all set for a higher payout in December too I’d expect as the end of the year is usually higher still.
    Best wishes,
    -DL

    • DivLife –

      Thank you, phew, took some efforts but we are there.

      Keep it up yourself, we are seeing some nice red in the market, could open up some opportunities for purchases here in the short-term.

      I appreciate your comment and stopping by. Means a great deal, always.

      -Lanny

    • ADD –

      Thank you very much. I believe we all did a pretty damn good just this month, 3 months to go to hit our goals, that’s the big picture, as well as multiple years out… we can do this!

      -Lanny

  5. Sweet month Lanny. Love it. Very impressive stats for September.
    We got nowhere near that, we struck out at about €550 (which is nothing to complain about).
    Take care!

    • CF –

      Thank you, as always, for coming by. I was excited for the September dividends to finally total, to compare to June, which I too was a bit less like others from that comparison. However, the growth rate is nice and December is less than 3 months away : ) Congrats on crushing over 550 US $ : )

      -Lanny

  6. Congrats Lenny on the big quarter ending month. I also invest a lot of my funds in mutual funds so these quarter enders are big for me and just like you I’ve just crested above 1k in June and kept it up in September too – feels good!

    • TitMB –

      ANOTHER $1K!!! Here we go – I think you are the 3rd or 4th that has crossed that threshold. Obviously, $0.01 is amazing, $100 is awesome, $500 is insane, $1,000 is weird and $1,500 will feel some what sickening, kidding kidding. We love this, we are all so dedicated and this is such a motivational group. Thank YOU for the comment and for coming by, as always. On to the next milestone, LETS GO.

      -Lanny

  7. Excellent month, Lanny — you guys are doing great!

    I had a great month in September, but did not quite top my June total. Still, earning more than $1,000 in dividend checks in a month (like you did!) is nothing to complain about!

    Keep up the good work and thanks for sharing!

    • DivGro –

      Thanks for coming by. I appreciate it and you have to love the September quarter ends. KILLING IT with over 4 digits, eh?! That is AWESOME. Pumped to read your article if/when you release it. Keep it up, keep consistently buying your stocks over there. Good luck and thanks for everything.

      -Lanny

  8. More than $1,000 is a pretty impressive stack of money coming in. You could look at it as almost as enough income to add a full-time job at minimum wage if you take away taxes–and you don’t have to lift a finger to get that money. I’m definitely glad that I started learning about dividend income.

    • Chris –

      Thank you so much. Pumped that you started learning – any questions over dividend investing or dividend income? Anything you need, let us know, that’s what we are here for.

      Appreciate the post and keep us posted as well.

      -Lanny

    • Hustler,

      Phew, thanks my man. Another 4 digit month and gearing up to have another for sure in December. Just need to start making some purchases, that’s for damn sure.

      Appreciate it, as always, I know you’re over there doing some things with cash piling, real estate buying etc… keep us posted, please!

      -Lanny

  9. Awesome stuff Lanny!! 4 digits is truly awesome. We also got 4 digits, just that 2 of those digits were cents, sadly. We are yet to hit the $100 mark – almost, though. I am so impressed by how you’ve grown your dividends in the years we’ve been following you Lanny, awesome stuff! Just you wait until you get $1,000+ every month!

    Tristan

    • Tristan – thank you very much!!

      It’s been awesome seeing the comma, that’s for sure. It’s okay with not hitting the $100, it takes a lot of time. I had a colleague that stated he had about $70 last month. He just started investing, so I thought that was incredible. If I was churning $12K per year at least in dividends, just wow… You’ll get there maybe before I do! Also, it means so, so much that you’ve been following for the 2.5+ years we’ve been blogging, that’s the heart melt factor there. We aren’t going anywhere!

      -Lanny

  10. Very nice!

    I am just wondering if you compare your portfolio and/or dividend yield against a suitable benchmark like a dividend ETF? Would be very cool to see if you are able to outperform!

    • SW –

      I typically benchmark against the S&P – as some ETFs have higher turnover or higher expense ratios. Therefore, I know I’m about 1.3-1.5% higher than the S&P’s 2.2-2.3% yield.

      In terms of out performance – I think I am doing well in comparison to the overall market, however, that just usually means that next year I’d be set up to not outperform, as it’s very difficult to perform consecutively, however – I don’t track that with a huge embrace, focusing on strong companies and dividend ability!

      -Lanny

      • Would be interesting to see performance against a comparable ETF. As you said it is difficult to outperform consistently. Even with the higher TER and turnover maybe you would have been better off putting your money in an ETF?

        But I guess even if you ended up better off, a blog about buying the same ETF every month would not be very interesting 😉

    • MrSLM –

      Thanks for the post, I appreciate it! I’ll get there, soon enough, will be so nice when that starts to occur. Still have time and consistency on my side, here we go! Thanks again and hoping you’re having a great week/start to October!

      -Lanny

  11. Hi guys,

    I’ve tweaked my strategy as it applies to dividends. I am no longer in enrolled in dividend reinvestment but before you call me crazy, let me explain why. Firstly, I receive about $15,000 per year in dividends and have been reinvesting them right back into the companies that have paid me the monies. It was a no cost option of buying stock and it was easy. The downside is that I had no control over when the new shares or partial shares were bought. I like to buy when everyone else is selling.

    A few weeks ago I opened an account with Merrill edge so or the next 90 days I can trade 300 times for free. After that I will get 100 free trades per month. Instead of reinvesting the dividends I receive I will pool the money and buy shares in new companies or I can add to existing positions. Some of my positions, such as pm, have become heavy. I hold nearly 600 shares. I love the company but I don’t want to put to many eggs in one basket. I see this new strategy as a way of rebalancing my portfolio, and at the same time it gives me the opportunity to buy on down days, at no cost.

    Now you can call me crazy.

  12. Congrats on another $1k month. This goes to show not only the power of dividend stock investing, but it also shows your resolve to retire early. You don’t get to $1k without making a bunch of sacrifices along the way. Nice job Lanny.

    • IH –

      Thank you!! I appreciate it. Sacrificing, for sure. It’s been slow and steady, and I am only 28 years old, but I feel like I’ve just started the game. It’s an utterly weird feeling, knowing that I’ve invested for almost 8 years… what the hell and where is time going? Upward and onward, I say.

      -Lanny

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