I received $130.98 in taxable September dividend income. This was my biggest month yet thanks to my recent VTI purchases. After having broken my first $100 month in June, I’m ecstatic that I’m already well above that in September. I’m not that keen on CTL, but I have some of my favorite companies paying me this month (BA, HD, JNJ, MGA, MSFT, V). No wonder the third month of every quarter is shaping up to be my best one.
In June, received my final dividends by Ford ($6.15), ORI ($0.95), and BP ($8.40). I have now sold those and redirected the funds into companies like Starbucks and Visa. Much lower yield, but better potential for dividend growth. I expected my income to drop after selling those high yielders, but thanks to some more contributions, my income actually rose from $108.30 to $130.98!
WFC increased their dividend 2.63% earning me $0.74 more per year.
NDSN increased their dividend 11.11% earning me $0.80 more per year.
PFG increased their dividend 2.17% earning me $0.37 more per year. PFG has been increasing their dividend quarterly.
That is the equivalent of investing $64 for a 3% yield that I don’t have to invest!
September Taxable Dividend Income
September Retirement Dividend Income
I also received $659.37 in non-taxable dividends which were reinvested into my retirement accounts.
Once I buckled down on my investment tracking, my retirement accounts really stood out. My taxable income is nice, but my retirement accounts are fully automated and are the real powerhouses of my portfolio. They are mostly out of sight, out of mind, but including them in my dividend income summary keeps me motivated.
I recently detailed my 401(k) situation and why I still want to contribute despite no employer match.
Head on over to my portfolio page if you’d like to see all my holdings. I hope everyone else had a great September too!