September’s dividend income numbers are fresh off the press and I’m writing today to present them to you. My main reason for investing in dividend growth stocks is to receive an ever-increasing stream of passive income. It’s through this rising stream of dividends that I’ll become financially independent, using them to pay expenses one day. Although that day is still quite far off, it’s extremely fun to see the progress improving every month and I love to document that progress.
The dividends received in September were just over double of what I received in August. I’m very thankful for the way my investments and passive income are adding up every single month. Again, the numbers I’m going to present aren’t extremely impressive compared to a lot of other investors out there, but I’ve come a long way from my humble beginnings. Without further ado:
September 2011 Dividends Received
- Wal-Mart Stores, Inc. (WMT) – $13.87
- Intel Corporation (INTC) – $15.12
- Exxon Mobil Corporation (XOM) – $15.51
- Chevron Corporation (CVX) – $19.50
- Johnson & Johnson (JNJ) – $39.90
- McDonald’s Corporation (MCD) – $8.54
- Harleysville Group Inc. (HGIC) – $24.32
- PepsiCo, Inc. (PEP) – $17.00
Total dividends received for the month of September: $153.76
A pretty stellar month for me. I’m very happy with the total amount of dividends received over the month of September. I always try to remind myself that this income is completely passive, and required absolutely no additional hours at the office to receive it.
A quick note: I received dividends from Harleysville Group, Inc. but I recently sold my entire stake in this company, so these will be the last dividends I’ll receive from HGIC. I purposely held on to my shares until receiving my payout. I promptly then sold all my shares the next trading day.
I’m behind my goal of producing $1,200 in total dividend income for the year of 2011. I have produced a total of $772.33 in dividends through September. It’s highly unlikely I’ll reach my goal, but that’s alright. It’s very fun tracking the progress and I’m anxious to see just how close I can get. I started off the year with monthly dividend totals of just over $30, so I’ve come a long way.
I’ll update my dividend income page to reflect September’s dividends.
Edit: I somehow missed including my dividends from my Intel (INTC) holdings. I have edited this post to include those dividends. I apologize. 10/16/11.
Thanks for reading.