Dividend Income Update September 2017

Here we are once again. Our favorite time when we get to tally up our passive income earned from the previous month. It should come as no surprise that as dividend income investors we all covet those end of quarter months as they tend to be our highest payouts throughout the year.

Looking back at the last nine months of 2017 we’ve seen no shortage of potential monkey wrenches thrown at this market yet it continues to chug along. It just goes to show the old adage of staying in the market reigns supreme as calls for a correction have been blaring for several years with nothing to show for it. I guess what I’m trying to say, is not to fear a correction but simply accept it, as it is part of investing. This is true for all asset classes whether you hold precious metals, real estate, stocks, bonds and even cryptocurrencies. Prices and values rise and fall and it’s folly to think anyone can outsmart a marketplace. At best, you can get lucky with your timing but that’s all it is. Luck. Personally, I’m continuing to make investments every month as I always have been doing. Even with the market at all-time highs, there are many quality dividends paying stocks trading at much more attractive prices and yields as of late. That’s where I buy. I look for the unloved stocks that can continue to pay out dividends and simply grow my passive income stream one share and one dollar at a time. Over a decade or two or three even, it can add up to some serious “coin.” With that being said, let’s take a look at my September 2017 dividend totals.

Dividend income from my taxable account totaled $668.52 up from $457.69 an increase of 46.1% from September of last year.

Dividend income from my ROTH account totaled $154.87 up from $81.42 an increase of 90.2% from this time last year.

Dividend income from my IRA account totaled $44.03 down from $44.96, a year over year decrease of -2.1%.

Grand total for the month of September: $867.42 an increase of 48.5% from September 2016.

Brokerage Account

Year to date dividends: $3,490.16

 

Disclosure:  Long all above.

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