Dividend Income Update – August 2014

Its time for me to post dividend income earned from my portfolios: DRIP, HID1, HID2, & RothI enjoy sharing them as these passive dividend income provides me great inspiration and encouragement to keep chugging along and hopefully to the readers.

I received almost hundred bucks in total passive dividend Income: $98.92 to be precise, this was 6th time of getting triple digit dividend income this year. This month alone, my dividend income was close to 25% as compared to last year’s total. Sweet! It only shows the power of Dividend Income engine. I’m that much closer to being Financially Independent (FI).

I want to own securities of Blue chip Aristocrats (companies with 25+ yrs of growing earnings) and once the earned passive dividend income covers all my expenses, I will own my time as well like a free bird :)

Passive Dividend Income – Aug 2014 

1. Dividend Re-Investment Plan Portfolio (DRIP) 
Abbvie Inc. (ABBV): $3.15
The Clorox Company (CLX): $5.13
The Proctor & Gamble Company (PG): $20.22

2. High Dividend Income Growth Portfolio 1 (HID1
American Real Estate Cap (ARCP): $6.25
Realty Income Corp (O): $4.56
Omega Healthcare Inc. (OHI): $15.30
Prospect Capital (PSEC): $11.04
Pimco Corp & Opportunity (PTY): $13.00

3. High Dividend Income Growth Portfolio 1 (HID2 None

4. Roth IRA
Kinder Morgan Inc. (KMI): $12.90
Vanguard Natural Res LLC (VNR): $7.35

Total Passive Dividend Income: $98.92

I’d setup a goal of earning $1500.00 in total passive dividend income this year and so far I’ve received $1018.97 which is 67.93% covered. With 8 months out of 12 months: 66.67% of the year having passed by, I’m pretty close, as close it gets 😉 and hitting my target which is an exhilarating fuzzy feeling.

Thanks for reading.

How is your Dividend Income coming along and are you meeting your target?

Full Disclosure: Long in all above mentioned securities.

4 thoughts on “Dividend Income Update – August 2014

  1. About $100 is great. One of my first goals was to earn an average of $100 a month. My next big goal is $1000 a month. Still a way to go for that but that’s what I have my eyes set on. Glad to see we have many common names in our portfolios too. Keep up the good work and look forward to your next update.

    1. Hi Keith,

      Yeah. I had a similar goal in my mind to get $100 on average a month first. I hope to achieve it this year. However, my next goal for next year is more modest than yours 🙂 i.e, to achieve $200-$250 on average per month: slow and steady. keep up the good work there.

      Thanks for stopping by!

      Best wishes.

    1. Hi AssetGrinder,

      Haha. From $100 to $1000 is a very long shot like throwing stone to moon 😉 at-least it feels like that right now. My next grinding would be close to $250 per month. I update my goals at the end of this year.

      Keep grinding there as well 🙂

      Thanks for stopping by and great support!

      Best wishes.

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