Dividend Income Update – September 2014

The start of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. This update brings me to a happy milestone as I broke through $2,000 in dividends between my brokerage and ROTH account. The last couple of months also saw me initiate new positions in TD, BNS, RY and UL and while all three are down I’m not overly concerned as I’ll most likely average those positions down this month.

 

Brokerage Account

Year to date dividends: $1,729.94

DateDescriptionSymbolAmount
09/02/2014DIVIDEND:GWWGWW$5.69
09/02/2014DIVIDEND:WFCWFC$12.84
09/02/2014DIVIDEND:AFLAFL$45.95
09/02/2014DIVIDEND:BMSBMS$3.05
09/08/2014DIVIDEND:SOSO$17.91
09/09/2014DIVIDEND:JNJJNJ$24.99
09/10/2014DIVIDEND:EMREMR$9.87
09/12/2014DIVIDEND:MMMMMM$19.89
09/15/2014DIVIDEND:EDED$42.26
09/16/2014DIVIDEND:MCDMCD$18.35
09/19/2014DIVIDEND:VFCVFC$8.61
09/22/2014DIVIDEND:DD$19.04
09/30/2014DIVIDEND:BDXBDX$10.86
09/30/2014DIVIDEND:PEPPEP$15.43
09/30/2014DIVIDEND:ALLEALLE$2.22
09/30/2014DIVIDEND:IRIR$20.93
Total: $277.89

 

ROTH Account

Year to date dividends: $314.48

DateDescriptionSymbolAmount
09/09/2014DIVIDEND:JNJJNJ$5.78
09/10/2014DIVIDEND:EMREMR$22.10
09/12/2014DIVIDEND:MMMMMM$7.84
09/16/2014DIVIDEND:MCDMCD$8.40
09/30/2014DIVIDEND:PEPPEP$9.62
Total: $53.74

 

Disclosure: Long all above

32 thoughts on “Dividend Income Update – September 2014”

    • Hi SWAN,

      Thanks for the words of encouragement. Much appreciated. Passing the $2k mark was a happy milestone for me to say the least. I’ll be watching those Canadian banks as well as all are below my original buy price. Thanks for commenting.

      Reply
    • Hi JC,

      I’m happy with the progress so far this year. It looks like I’ll be passing my dividend income from last year either this month or next. $2,800 for a total seems a bit lofty for a year end total but between the two accounts I may get there. I never like to project a full year or 12 month estimated dividend return as so much can happen to affect the final total such as dividend cuts or freezes. I like to go at it one month at a time. Thanks for commenting. Much appreciated.

      Reply
    • Hi w2r,

      Some might say my portfolio is too diverse. I know there is much debate about what the ideal number of stocks to own in a portfolio. I feel comfortable with my current holdings but still may add a few more names in time. Thanks for the continued support and look forward to your updates as well. Keep an eye on those Canadian banks too. I may be adding more to them this month. Thanks for stopping by and commenting.

      Reply
    • Hi DH,

      Actually, the $2,500 mark is what I had in my mind. Would be nice to get there between both accounts. I like to take things one month at a time but so far so good. Thanks for the encouragement and for commenting.

      Reply
    • Hi Seraph,

      I never really like to project what a year end goal will be as there are so many factors that can change your dividend income (higher or lower) but if I had to give you a number I’d say $2,500 as an annual goal would be nice. I appreciate your comment!

      Reply
    • Hi PIM,

      Just keep doing what you are doing and you’ll hit your $1,500 mark. I still am amazed at how supportive the entire DGI/FI community is and how we all feed off of reading about our dividend buys and income updates. Look forward to your next update. Thanks for commenting.

      Reply
  1. DivHut,

    Congrats on passing through $2k. Awesome work! 🙂

    That’s a great looking month there. That’s over $200 that gets reinvested and allows the snowball to compound even faster. Keep it up!!

    Best regards.
    Dividend Mantra recently posted…Recent BuyMy Profile

    Reply
    • Hi DM,

      Thanks for the kind words. You know the routine… invest, collect dividends, repeat. It’s all about that snowball and after moderate investments over many years it really is gaining traction when you can start to average a couple hundred dollars in passive income every month. Appreciate you stopping by and commenting.

      Reply
    • Hi Allan,

      I think for most people in the DGI community it takes a full year of dividend investing before we can truly appreciate the compounding effect of our dividends received. Congrats on breaking the $1k mark. My next big goal… which is far away, is to generate an average of $1k a month in dividend income. I realize I might be a few years away but that’s OK with me as long as each passing month I’m one step closer. Thanks for stopping by and commenting.

      Reply
    • Hi R2R,

      Thanks for the kind words. Much appreciated. I can’t complain about the progress I’m experiencing. I look forward to seeing how I end 2014. Thanks for stopping by.

      Reply
  2. Pretty good month. I had been researching 3M a while ago, but the price rose a little quick for me. Need to add that to my watch list!

    Good month 320+ for just waking up =) Congrats on 2k so far this year!

    Take care!
    ILG recently posted…Recent BuysMy Profile

    Reply
    • Hi ILG,

      Thanks for the kind words. I was very happy to break $2k for the year. I’m curious to know what month I’ll break it in next year. MMM is an awesome long term stock to own. I have it in my portfolio for many years and plan to keep it as a “forever” stock. Thanks for stopping by and commenting. Look forward to your updates as well.

      Reply
    • Hi AAI,

      Thanks for the kind sentiment. It was a great milestone to break especially in this rocky market. Dividends remain the old reliable! Thanks for commenting.

      Reply
    • Hi HHaWG,

      Thank you for the kind words. Breaking any big round number is always exciting and seeing the progress from month to month and year to year has been amazing. Thank you for stopping by and commenting.

      Reply
  3. DivHut,

    Thanks for stopping by my blog. I’m glad you did, and now I can follow your journey. You’ve got a great portfolio going and it’s awesome to see you’ve got some significant income coming in on a monthly basis. You’ve done very well, congrats to you and keep it up! Looking forward to following along.

    Bloodstone

    Reply
    • Hi Bloodstone,

      Happy to have you follow along my dividend quest. The DivHut portfolio was really built up over many years and as you can see it is quite conservative relative to many other dividend bloggers as I do not own any high yield REITs, MLPs or other stocks that may not have the most sustainable dividend. I’m not against REITs or MLPs per se, I just feel that many of the dividend bloggers focus too much on current yield rather than longer term dividend growth. I’m happy to follow your dividend and passive income journey as well. Thank you for stopping by and commenting.

      Reply

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