Quarter 1 of 2016 is officially in the books, which means a quarter end month of dividend income has occurred! The reason why I specifically mention the quarter-end, as this is typically a larger than normal month for dividend income, as there are substantially more payers in the U.S. that pay on those specific months as opposed to others. This also marks my fifth busy season as an auditor being completed and I can wake up on Saturday not feeling like I need to be working for the firm, feels nice. This is also one of the exciting time periods where we will read on individuals breaking their record for dividend income for the month! All great news here. Without any more introduction, let’s take a look at what Dividend Income was received for March 2016!
September is over and a lot of us haven taken the first few weeks of October to look back and reflect on the crazy month of September. The turbulent market presented many great buying opportunities, as evidenced by what felt like a daily purchase article on our website, and benefits such as DRIPing at a lower price. Preparing a dividend income summary article that includes the results of a few others in the community (I wish we could include all) has been a pleasure over the last few months. It allows us to share our successes together and push each other to knock out our goals so we can all escape this insane rat race. We all have the same end game after all! Let’s dive into the September edition of our monthly community dividend income summary.
September was a crazy month and it flew by. It felt like every day Lanny and I were either receiving a dividend, purchasing a stock, or watching for a dividend increase announcement. There was just a ton going on. September was also huge for me since I was able to knock out my first 2015 goal: Investing $15,000 in “New Capital” in 2015. With the recent downturn, I have felt as compelled as ever to maintain a low cash balance to purchase some great discounted dividend growth stocks. Now that the month is over, I can finally breathe and take a step back to assess my monthly dividend income and compare the total to prior periods. Let’s see the results for September.
Last month I ended my three-month hiatus of posting savings rates articles and afterwards, I vowed to publish my monthly summary in a timely fashion. One of my goals for 2015 is to defeat the Dividend Diplomats’ Savings Challenge and save 60% of my monthly income 6 times in 2015. Will I be able to recover from my just miss in July, where I saved 56.9% of my income? Let’s find out!
Man oh man does it feel weird to be writing one of these articles again. Similar to Lanny, I had taken a few months off of writing an income and expense article for a variety of reasons. Through switching jobs again, traveling for my old job, and insert any life activity, time has been at a premium. Enough with the excuses from my end! While Lanny performed a 3 month income summary earlier in the month, I decided to forgo summarizing the last three months and instead focus solely on July. But don’t worry, I will update our Savings Challenge page to display the last 3 months since one of my annual goals is to defeat the Dividend Diplomats Savings Challenge 6 times this year! Let’s see how I performed in July.
My goodness, we are halfway through 2015 and man has it been a fun ride. The second quarter was a lot of fun and I felt like the market presented some great opportunities for dividend investors to take advantage of, whether the market had a general pullback from fundamentals or due to the most-recent saga in the everlasting Greek saga. With all the purchases we had, I moved that much closer to accomplishing my goals in 2015 and I closed the gap on some of my largest, most difficult goals. Now that the quarter is over, I wanted to take some time to review my progress and see where I stand and if any adjustments need to be made before it is too late.
What a month it has been. The Cavs began their postseason push, the weather was beautiful, I had a nice vacation to New England, and I received some nice dividend checks this month! What could be better. Over the weekend, Lanny put together a rock solid list highlighting the dividend income received by some of you in the dividend investing community. And I must say, that was one impressive list and it was fun to see how well everyone else performed. It helps me focus and continue to push myself to build income streams as large as all of yours. Some great motivation! Anyways, Lanny left one person off of the list…me. What the heck Lanny? So let’s fix that and see how well I stacked up against myself and others during the month of May.