About Blog Working towards
an average monthly dividend income of $ 1000 Frequency about 2 posts per week.
About Blog Working towards
an average monthly dividend income of $ 1000 Frequency about 2 posts per week.
About Blog Working towards
an average monthly dividend income of $ 1000 Frequency about 2 posts per week.
Overall, I am well poised to make another dividend stock purchase next month, which may be the final push to reaching my 2014 goal of
average monthly dividend income of $ 500.
First, I attained my stated goal of having a projected
average monthly dividend income of $ 750 per month.
So I am now very close to cross the my first goal to have
an average monthly dividend income of 100 EUR.
I've reached my 2014 goal of
an average monthly dividend income of $ 500 two months earlier than estimated, but I will continue with my cash matching experiment and make at least one stock purchase every month as I continue to grow my dividend income.
With this stock purchase, my projected annual dividend income is $ 5829.90 or, dividing by 12, a projected
average monthly dividend income of $ 485.83.
Not exact matches
My
average monthly dividend income is now $ 173.77 ($ 521.31 / 3 months = $ 173.77), which is 11.58 %
of my current goal
of $ 1,500 / month.
The frequency
of monthly dividend income that exceeds $ 600 should start increasing in frequency, especially as the projected
average monthly dividend income grows closer to $ 600 / month.
My
average monthly dividend income is now $ 254.19 ($ 3,050.29 / 12 months = $ 254.19), which is 16.94 %
of my current goal
of $ 1,500 / month.
It's nice to see that my regular
monthly dividend payouts are fast approaching the $ 500 mark (my projected
average dividend income hit that milestone last August), and I will probably reach it within the first quarter
of 2015.
Another step closer to my 2016 projected
monthly average dividend income goal
of $ 750.00.
With a
monthly payout
of 7 cents per share, I will receive $ 10.50 per month from CHW, which raises my projected
monthly average dividend income to $ 654.88.
With a
monthly dividend of 7 cents per share, my
monthly income from CHW has doubled to $ 21.00 per month, and my
average yield is 11.09 % (more about that later).
Dividend investing lesson for the month: Limit your dividend stock's payout weight (the percentage of the average monthly dividend
Dividend investing lesson for the month: Limit your
dividend stock's payout weight (the percentage of the average monthly dividend
dividend stock's payout weight (the percentage
of the
average monthly dividend dividend income).
My
average monthly dividend income in 2016 was at 58.86 EUR and for 2017 I am already having an
average forward
monthly dividend income of 98.41 EUR.
This buy brings my total shares
of CODI to 400 and adds $ 36.00 per quarter (or $ 12.00 per month) to my projected
average monthly dividend income.
With a
dividend of 18 cents per share, that will add $ 13.50 every month to my
monthly average projected
dividend income.
If I can maintain an annual
dividend income growth rate
of approximately 20 %, then I should be on track to reach my projected
average monthly dividend income goal
of $ 750.
The third milestone is having a projected
average monthly dividend income that equals or exceeds my minimum
monthly mortgage payment
of $ 767.43.
Addendum (11/15/14): I just bought an additional 55 shares
of VFL, which bumps up my projected
average monthly dividend income to $ 525.30 and my projected annual
dividend income to $ 6303.60.
With this stock acquisition, my projected
average monthly dividend income increases to $ 521.73, or a projected annual
dividend income of $ 6260.70.
In fact, if I could
average this amount for each month for the remainder
of the year, I'd have no trouble surpassing my forward
dividend income goal for 2018 with just this and my
monthly reinvested
dividends (no more capital investment required!).
Bond yield calculator / Portfolio Yield Calculator: This fixed
income software calculates the combined
average income /
dividend yield on your total portfolio; how much
income, or paycheck, your total portfolio will produce on a daily, weekly,
monthly, semi-annual, and annual basis; how much as a percent each asset is
of the total portfolio; and how much each security is estimated to pay out on a daily, weekly,
monthly, semi-annual, and annual basis.