Dividend Growth Investing for Financial Independence
The September dividend income is in the books and it has been a busy month. A total of 24 companies paid me and I received $495.71 in dividends. Even though my income is just short of $500 this month, I am celebrating hitting a new record. My 3-months average dividend income has hit $500. I am over the moon.
I deployed more than $16,000 with an average dividend yield of 4.16%. My Dividend Safety Score has increased to 59.6 and my PADI stands now at $6,644.
March is over and it’s time to review my dividend income. It has been a crazy month for me. Unfortunately, my exposure with options hit me hard and I had to take significant losses to close positions. At the same time, the dividend stream is still intact, even though slightly reduced.
We completed 2019 with full steam and some significant changes. I had been investigating to switch my portfolio over to another broker. The main reason is that with my current broker I cannot buy or sell options on american stocks. Since I move more and more to US stocks this has become a limitation which I believe limits my overall return.
The year has come to an end and my first full year of dividend growth investing is completed. During the month of December I received $349.86 in dividends from 14 different companies. In the table below are the details of which company contributed to my passive income. What a fanstastic result to close the year 2019!