2011 is just about behind us, and with December's dividends recorded, I have my first full year of dividends received and documented! I feel like a big first step has been taken on my journey toward financial independence. It feels great. It's been a year of ups and downs, and I've learned a lot along the way. All in all, I feel that 2011 was a great success as my first full year of investing. I'm on my way!
The dividend income I received for December was the most I've ever received. It's my biggest month to date, and I'm really excited. One day I hope to look back on this month and see that this was the turning point. The point where I can start to see how passive income by way of dividends can replace my full-time work. I'm still a long way off, but December was a big success.
I hope these monthly dividend income reports provide inspiration for any investors out there that are just starting out. It's easy to see these payments rising month after month and it shows that it's possible to one day pay for monthly expenses with dividends, which would provide an investor opportunities and freedom to pursue other interests than full-time work. Without further ado:
December 2011 Dividends Received
- Aflac Incorporated (AFL) - $24.42
- Intel Corporation (INTC) - $15.12
- ConocoPhillips (COP) - $36.30
- Harris Corporation (HRS) - $11.20
- Exxon Mobil Corporation (XOM) - $15.51
- Chevron Corporation (CVX) - $20.25
- Johnson & Johnson (JNJ) - $39.90
- McDonald's Corporation (MCD) - $9.80
- The Coca-Cola Company (KO) - $9.40
A superb month. This was my biggest month so far, and I'm excited for the day that I eclipse the $200 monthly dividend income mark. It took quite a large chunk of my portfolio to hit this number, so my excitement is tempered by cautious optimism.
I've been chasing a goal to receive $1,200 in dividend income for the year of 2011, and at times I was confident that I was going to just miss that goal. Well, I'm extremely happy to report that with December's dividends I have received a grand total of $1,202.06! Whew! That was close! I don't think I could have put that goal any closer had I tried. I figured it would be a challenging, but achievable goal and it was very challenging and I just barely achieved it. I'm very proud of myself for exceeding my goal. I'm very excited for what 2012 brings and I'm ready to get the year started.
I'll update my dividend income page to reflect December's dividends.
Full Disclosure: I'm long AFL, INTC, HRS, COP, XOM, CVX, KO, MCD, JNJ
Thanks for reading.
Photo Credit: sscreations