Another month, another installment of our monthly series highlighting one of our favorite aspects about dividend investing….DIVIDEND INCREASES! For those of you that are new to our website, each month we aggregate a listing of companies that are expected to increase their dividend in the coming months. Lanny and I are ALWAYS monitoring potential dividend increases in stocks we either own are on our watch list, so we thought it might be helpful to other dividend investors as well. Let’s see which companies are expected to announce a dividend increase in November!
This quarter I want to try something different. Sure, I set my annual goals back in December. Those goals are the big goals that I want to make sure I can accomplish over the course of twelve mounts and they are supposed to take time to complete (which they definitely are). However, that doesn’t mean there aren’t a ton of other short-term goals that I want to accomplish along the way. During the fourth quarter, I want to create some shorter term personal finance and life goals that I also want to complete over the next three months. Some are large and some are small. But all will have a meaningful impact if I can accomplish them.
The fourth quarter is upon us. 9 months of dividend income in the books, 3 more to go for 2017. It has been an exciting journey so far, that’s for sure! Last week, we published our monthly dividend income summary article where we review the growth and progress from a lot of fellow bloggers in the dividend growth community! Not only does it have me motivated, but it show the true power that dividend re-investment and dividend increases can have on your portfolio. Today, we will look ahead to the month of October and see which companies are expected to announce dividend increases in the coming month!
After seeing such incredible numbers posted in our latest edition of our monthly dividend income summary from other bloggers in the dividend growth investing community, I am extremely motivated to invest some extra capital and help push my dividend income forward. Even though I am working hard to earn extra cash via side hustles to try to pay down our debt as fast as possible, I decided that there was a little room to still invest on the side. How could I resist buying a potentially undervalued dividend growth stock after all? This month, I’ve targeted four companies for my September stock watch list. Let’s see who I am keeping my eye on!
Lanny and I are constantly writing about our pursuit of financial freedom. We invest every dollar and spend every extra minute we can side-hustling to allow us to break the shackles of the 9-5 (or in our case 7 – 6) jobs to pursue our dreams and focus on what makes us happiest in life. The dividend and side hustle income will allow us to cover our regular living expenses, take the pressures of working to cover these expenses, and unlock those shackles that are holding us back. That’s how you take back the control of your life. Today, I’m going to take a deep dive into one of the largest areas of my personal balance sheet. No, I’m not focusing on the assets for once. Rather, I am going to pull back the layers of our debt and discuss my plan for
reducing my outstanding obligations taking back control of my personal balance sheet.
It is time for the most exciting dividend month of the quarter! There is nothing more exciting than seeing the calendar turn and realizing that it is the month that most companies pay their dividend. This is where you really see the fruits of your investing labor and the power of dividend investing flex its muscle. For those of you that are new to our website, each month we create a list of some (not all) companies that are expected to increase their dividend in the coming month. Dividend increases are the name of the game and what we are constantly monitoring on our website; we get pretty darn excited each time a company announces an increase because we know that each successive dividend re-investment results in additional shares, which leads to additional dividend income. The impact may be small on an individual level, but man do these increases add up in the long run. Now it is time to dive into the details and see which companies are expected to announce dividend increases in September.
All, I’ve been very intense lately talking to friends, peers and co-workers about dividend investing. Not purely because of this, but I come home from work in a haste, not happy and very mentally drained. Even writing articles, which I love to do, ends up being very difficult and even connecting with loves ones results in stress. It would be one thing if I was drained from doing something I love so much that it wears me out, but that is not the case. I’m exhausted in a prison-like manner and that is why I am even more energized at the same time to continue my build up of forward dividend income.