Well, another month in 2014 is behind us. The 3rd quarter is nearly over…how crazy is that? While I may be a week late in writing this article, I figured it was as good of a time as any to review my August dividend income.
Tag Archives: Investing
Consolidated Edison (ED) Stock Analysis
Currently, utilities are known for their strong dividend paying ability. Almost as if they are a fixed income producing asset. This leads me into the one dividend aristocrat that catches my eye – Consolidated Edison.
I am a huge history guy and love the wealth that was created from the late 1800s and early 1900s. Thomas Edison definitely was a founding father of this old wealth that continues to transpire and “light” our economy today. I understand utilities, I know how they physically work and I know what benefit and value it provides: Providing energy to fuel the day-to-day of operations. Let’s think big businesses, industries, etc., all the way to our entertainment platforms and this stems into our very own households. The need is and for now – will always be there, therefore, this is a very used product that will always be used. Continue reading
Expected September Dividend Increases
The best month of the quarter is upon us! September adds a wave of capital to our portfolio through DRIPs or the receipt of cash. Tracking my portfolio is particularly fun in this month since many of the companies I own will pay a dividend this month and one of my stocks is supposed to increase its dividend this month. It seems like every two-three days a stock in my portfolio will have a new update for me to follow. It is great! Let’s take a look which Dividend Aristocrats are set to increase their dividend this month.
Lanny’s August Investment Report
Another month has passed and another month of results to analyze and look back on. Time to look at where I stand with my goals, to see if any “tweaking” needs to be performed and also – another month closer to Financial Freedom! Let’s see what August brought us.
Lanny’s August Dividend Income Summary
Another month down in the dividend income books. Monthly I will evaluate and show the results of which companies paid dividends, progress towards the year and comparison to the past. This is a great way to track my dividends to see if I’m on pace for financial freedom. Now onto my August dividend income results!
Goal Accomplished! Crossing $1,750 Projected Dividend Income
2014 has been a crazy, unreal year for my portfolio. I have pushed myself to invest more capital than I was comfortable investing for the sake of reaching financial independence that much faster. When 2014 began, I was projected to earn only $750 in dividend income. My portfolio only had $17k invested in income producing assets with some major funds just sitting on the sidelines. When the calendar flipped, I initially set a projected dividend income of $1,500 and surpassed this total early in the year. I decided to increase this goal $250 and set a new target of $1,750. I can now proudly say I my projected annual dividend income is $1,752, surpassing my goal. So how did I do it?
Latest Stock Purchase 8/26/14 – John Deere
Today was a quick trigger type of day. I wanted to initiate a position that has been gaining a lot of attention – not only on our watch list, but from the dividend blogging community as well. I made a purchase on my phone while at a Financial Institutions conference with 3% battery life left. After the trade was made, my phone died. Timing? We’ll see. Continue reading