Dividend Income February 2018

Each month I publish my dividend income. I  do this for staying self motivated and to give you the readers the chance to follow my journey from the beginning on. The dividend income in the first couple of years will be on a very low level but investing in dividend stocks is all about the long term. I am very sure that in 5 years from now I will get my first rewards for the patience and focus on my goals.

The second month of 2018 was quite a huge surprise as I did not expect such a high dividend income. But I got a nice surprise from ORI which paid a special dividend of 1 USD per share. It is the first time that I received a special dividend, and as I already wrote in an article, dividend investing really is fun!

Overview dividend income February

My total dividend income in February was 123.34 EUR. That is an increase of 141.2% to February 2017 when it was at 51.13 EUR. As mentioned above the increase does mainly come from the special dividend of ORI and my additional investment in AT&T.

Overview monthly dividend income 2016 – 2018

(Click on image to enlarge)

As you can see in the chart above the development is not the worst, since 2016 I have managed to increase my monthly dividend income compared to the prior year.

Conclusion

My average monthly dividend income in 2016 was at  58.86 EUR and in 2017 it was at 120.58 EUR, for 2018 my goal is to have an average monthly dividend income of 166.67 EUR.

My projected full year dividend income is now at  1 622.36 EUR that means I have now an average of 135.19 EUR per month. So I still managed to increase my projected dividend income month by month. Nevertheless the still weakening USD is a little pain and the increases are little smaller than expected, but it is not the end of the world :).

Again I have to say that investing in Dividend Stocks, ETF’s or whatever which is for the long run really pays you back. It is not that difficult, you just need to focus on the long run. I am quite sure in the mid term a lot of us might have a portfolio in the deep reds. But this is time where we should buy and not sell. Investing is for the long term. I am now into that for three years and my snowball already starts to get bigger and bigger month by month. I am already curious where I am in 5 years from now on. It is just important to keep in mind:

1 2
View single page >> |
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.