Dividend Income Update – September 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 close to double hundred bucks in total passive dividend Income: $178.95 to be precise, this was 6th time getting triple digit dividend income this year. This month alone, my dividend income was 359.84% of last Sept. Sweet! Of-course, I’m starting from a small base. But, it only shows the power of Dividend Income engine.

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

Passive Dividend Income – Sept 2014 

1. Dividend Re-Investment Plan Portfolio (DRIP) 
ConocoPhillips (COP): $19.81
McDonalds Corp (MCD): $15.26
Wal-Mart Stores, Inc. (WMT): $10.91
Exxon Mobil Corp. (XOM): $4.38

2. High Dividend Income Growth Portfolio 1 (HID1)
American Real Estate Cap (ARCP): $6.25
BP Plc  (BP): $11.70
ConocoPhillips (COP): $10.95
Realty Income Corp (O): $4.57
Prospect Capital (PSEC): $11.05
Pimco Corp & Opportunity (PTY): $13.00
iShares Mortgage RE (REM): $30.85

3High Dividend Income Growth Portfolio 2 (HID2)
Vanguard Hi Dividend (VYM): $8.15
Vanguard REIT Index ETF (VNQ): $10.34
Vanguard Utilities ETF (VPU): $9.74
iShares Select Dividend ETF (DVY): $9.02

4. Roth IRA
Vanguard Natural Res LLC (VNR): $7.35

Total Passive Dividend Income: $178.95

I’d setup a goal of earning $1500.00 in total passive dividend income this year and so far have received $1197.92 which is close to 80% of target for this year. With 3 months remaining, I’m pretty close to hitting that target which would be wonderful feeling when it happens 🙂

Thanks for reading.

How is your Dividend Income coming along and are you getting close to hitting your targets?

Full Disclosure: Long in all above mentioned securities.

8 thoughts on “Dividend Income Update – September 2014

  1. Happy to read about another successful month of passive income earned. With three months to go I think you’ll be able to hit your goal for 2014 especially since December is a big month for many dividend investors. Keep up the good work and look forward to your next updates.

    1. Hi Keith,

      Appreciate your kind words and support.

      I hope to hit my target of $1500 for this year in November itself.

      You are doing great there as well.

      Best wishes.

  2. Whew doggy! Great month here PIM! You beat me by $0.07 in September! 🙂

    With some funds in your holdings, you should see a big pop in the fourth quarter which will put you well over the top for your goal. As for me, I’m behind my goals, but that was mostly because I was a bit ambitious in setting them at the beginning of the year. Either way, I will have set myself up for a strong 2015, so I can be content with that!

    1. Hi W2R,

      Haha! It is good to know that we are having similar journey in terms of passive dividend income. Great to have a fellow blogger on same dividends wavelength 🙂

      Yep. It’s long journey and I’m sure you can achieve 2015’s target. I also enjoy reading your dividend income updates and you are doing great as well.

      Thanks for stopping by and commenting.

      Best wishes.

  3. Congrats on the dividend income, PIM. I am just a little over 83% myself with my annual goal.

    Im sure you will be able to meet your goal this year…do you have a target for next year yet?

    Best wishes

    1. Hi R2R,

      Appreciate your support. We are almost running neck-and-neck in terms of our target for this year 🙂 and I’m sure you will achieve it as well.

      Not yet! Reason is that there are still 3 months remaining and I’d have better visibility sometime in Dec. Also, it depends on amount of capital I can spare to invest: WIP. I’ve been hitting single triple digits numbers quite a bit this year and therefore, would like to target close to twice of triple digits or more: $200-$250, hopefully 🙂 Do you have specific numbers for next year. It’s always interesting to see targets of other fellow bloggers, as much as I would like to see my own goals come to fruition.

      Thanks for stopping by and commenting!

      Best wishes.

      1. Yeah its a tricky one. I havent set our goal for next year yet. We used a big part of our nest egg for our home downpayment this year, so we’ve taken a bit of a hit. Like you, I will also be setting my target in Dec when I have a better idea.

        I’ll be sure to follow along your journey.

        Best wishes.

        1. Yeah. It is! Home down payment is a biggie one and a drain on resources. I also spent quite a bit on health expenses. So, I agree it is not easy at all to put aside but it is imperative. catch 22 🙂 Hope things improve for us next year.


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