Dividend Growth Investing for Financial Independence
Half of 2024 is in the books and I am able to restart my monthly updates of my dividend growth journey. It’s been a while but the journey continuous (and never stopped). With growth stocks reaching new highs lifting the Nasdaq and S&P to all time highs the dividend journey can be put under scrutiny. … Read more
What a ride it’s been. The dividend income came in nicely at $854.54. However, the markets turned fast and I had to close positions to cover margin requirements. This led to significant realized losses from options trading and a reduction of my Projected Annual Dividend Income (PADI). However, this was a good lesson and I will come back even stronger. My portfolio, sold positions and dividend income update in full detail here.
The start of 2022 was of a mixed nature. The dividend income was right in line with my expectations. In January I received $804.38 in dividends. At the same time, I had to take some losses on the option side and it prevented me from investing in more dividend stocks. Nonetheless, six dividend raises accounted for a net PADI increase by $36 to $10,247 at the end of January. My portfolio and dividend income update in full detail here.
What a year 2021 it’s been! I collected $8,471 in dividends, raised my PADI to more than $10,000 and received options premium of over $50,000. The average dividend increase for the holdings in my portfolio was a very respectful 8.2% – more than the currently exploding inflation. This is what the Dividend Growth Journey is all about. Check out some portfolio statistics for the year 2021. Thank you for being part of the journey.
It has been another great month on my Dividend Growth Journey. We are going from record to record: new high on dividends received in one months, new record for my PADI. I ended the year in a place that I did not expect just a few months back.
In December I received $875.00 in dividends. With this money reinvested and using my gains from options trading I purchased three great dividend paying stocks, adding to existing positions. Dividend raises from several companies in the double digits will keep paying me $82 per year more. My Projected Annual Dividend Income (PADI) has increased to a new record of $10,211 and the big milestone of 10K was reached. This is dividend investing at its finest. Find out more about all the details …
It has been another great month on my Dividend Growth Journey. In November I received $752.98 in dividends. With this money reinvested and using my gains from options trading I purchased four great dividend paying stocks, adding to four existing positions. Shares of GAIN were called away on an option I sold. Furthermore, several companies raised their dividends paying me $102 per year more. My Projected Annual Dividend Income (PADI) has increased to a new record of $9,834 and a big milestone of 10K is in reach. This is dividend investing at its finest. Find out more about all the details …
It has been another great month on my Dividend Growth Journey. In October I received $731.21 in dividends. With this money reinvested and using my gains from options trading I purchased four great dividend paying stocks, adding to 3 existing positions and opening a new one. Furthermore, several companies raised their dividends paying me $54 per year more. My Projected Annual Dividend Income (PADI) has increased to a new record of $9,555. This is dividend investing at its finest. Find out more about all the details.
The third quarter of 2021 has ended and I have not been able to update my August figures. Hence, in this post both months August and September are covered. My dividend income was $656 and $808 respectively in August and September. Surpassing the $800 mark is a new dividend income record. Speaking of records: I also hit the $9,000 Projected Annual Dividend Income (PADI) mark. Unthinkable at the beginning of the year.
I deployed about $12k in the last two months into dividend stocks and one growth stock. I added to four existing positions (HPQ, LMT, MRK, BMY) and opened two news ones (AMGN & SJM). Additionally, I bought one share of Amazon.com (AMZN) as a growth and future dividend play.
I also sold one holding of my portfolio as I already announced in the July post: EBIX.
Find out all about the details of my dividend income, dividend safety and Fastgraphs charts to the purchases.
The month of July is in the books and it’s been a good dividend income month. I collected $730.28 in dividends from a total of 19 companies. I surpassed again the $700 mark. This is fantastic news.
I finally started to pick up again my long-term dividend growth strategy and bought some shares of high quality companies, adding to existing positions of Merck (MRK), Johnson & Johnson (JNJ) and Walboots Green Alliance (WBA). This added $111.40 of new annual dividend income.
Dividend increases of the stocks I hold in my dividend growth portfolio have added also additional $18 to my portfolio income and brought my Projected Annual Dividend Income (PADI) to $8,678. I have officially reached my originally set target for 2021.
Time flies and I have been very busy to miss the May update. I decided to join the dividend income update for May and June in one article. June delivered a new record for dividend income. I collected $758.84 in dividends. I added one new position to my portfolio and closed another one. My PADI increased to $8.528 and is getting pretty close to my target I set for the entire year. My journey has increased the speed at which I growth my dividend income.