Dividend Growth Investing for Financial Independence
My dividend growth journey goes on. I received $534.34 in dividends, my PADI increased to $6,940 and my dividend safety score went up to 61.4 points. I only did make one purchase but not to increase my dividend income but to run an options income play.
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.
Another month has gone by and the dividends come rolling in. What a great feeling. Dividend income is truly passive income. That is what I love about dividend growth investing. You harvest your gains bit by bit one at a time and just reinvest. The constant flow of income combined with a little bit of tracking makes you stay on top of the game.