Dividend Income Update for June 2017

By investing a minimum of 10 percent of my income over the last two months, I’ve already been able to create a dividend business with a forward projected income that’s enough to afford me one large Tim Horton’s coffee bi-weekly.

In case you didn’t know, a large coffee from Tim’s cost $1.90.

To put it bluntly—it required a low amount of capital and a short period of time to create this dividend business

After only a few months of work, it already takes me out for coffee once every 2 weeks.

Maybe you don’t value slow progress like I do, but I think that sounds pretty swell.

Since this is the first dividend income update in 2017, I wanted to point out a few changes that I’ll be implementing for the reports going forward.

Firstly, there’ll be no mention of which companies distribute the dividend payments.

Huh?

Isn’t that the point of a dividend investing blog? To find new companies to invest in and learn how others manage their portfolio?

No. This blog, aside from guest posts and a few sponsored posts I’ve been fortunate enough to collaborate on, is a personal blog.

Furthermore, the purpose of these reports is to approach dividend investing as business-like as possible.

Dividend investing is similar to operating a real business in that your goal is to add product lines that increase your overall income.

Secondly, this will not be a stock analysis blog.

I don’t enjoy debating which stocks to invest in, nor do I like writing stock analysis reports.

Additionally, I’m not a licensed investment advisor, and I believe investment decisions should be made on an individual basis

In reality, everyones goals are different.

I would always recommend seeking professional advice if you’re not privy to the markets.

Thirdly, I’ll be publishing real dividend numbers this time around.

Though the dividend numbers are lower than in 2015 and 2016, I look forward to building this business back.

With that said, here is the first official report from the newly improved “Reverse the Crush” portfolio:

Dividend Income Update for June 2017 Click To Tweet

Dividend Income in June

Total: $4.27

Dividend income in June 2016: $29.52

YOY Growth (compared to June 2016): Down -85.54%

Total in 2017: $4.27

How many businesses/stocks paid dividends: 1


Dividend Income since 2012

Conclusion

As mentioned in my ultimate ambitions post, the long term goal is to increase dividend income to a minimum of $2500 per month.

Once financial independence is reached, the plan is to purchase a home with a dream office.

From there, I’ll blog full time, travel more often and grow the dividend business from $2500 a month to $5000 to $10,000…hopefully🤞🏼.

Obviously, as shown from the June dividend income above, that goal is a long time away.

Admittedly, it’s quite possibly a goal that may never be reached, which is why it’s most important to enjoy the process.

I look forward to publishing further updates as the income continues to grow.

Question: How was your dividend income in June? What’s your plan to reach FI?

10 Comment

  1. June is a pretty good month for my dividend stocks. I think I have 4 or 5 that payout this month. I haven’t ran the totals yet but maybe I will mention that on my blog at the end of the month. Keep grinding!

    1. Graham says: Reply

      Hey Mr Defined Sight,
      Thanks for reading and commenting. I’m planning to add to this position more and will possibly add a new position so that the September quarter will have higher income. I hope you do share your dividend totals for the month. It’s always motivating to hear how other portfolios are doing. Thanks for stopping by!

  2. Just wait until the snowball builds Graham. ….and amen on the changes. The lifestyle and flexibility are way more important than arguing over this value trap or that consumer staples company. Adding new and amazing options to your life are what matters. I’ve thought about similar changes….but now that I am using some of my time to trade I was afraid that withholding the names of the companies would create a credibility issue. All the same, I think you made the right call.

    Hope you’re having a great weekend
    -Bryan

  3. Graham says: Reply

    Hey Bryan,
    I can’t wait until the snowball builds either! It’s such a fun process to select different companies to diversify while watching the income roll in.

    Glad you understand the changes. In addition to some of the reasons above, I chose not to write about the analysis side because there are of lot of bloggers that already do it better than I could. I am more focussed on tracking the progress. Also, since I work for a publicly traded company and hold several of their competitors in my portfolio, I don’t think it would be wise to publish their names on this blog. The department I work in is involved with social media and I’ve seen staff tweets get picked up because of something a staff member said.

    That said, I really think you do a great job of discussing and analyzing investment options on your blog. I haven’t picked any shares up yet, but I’ve still got NVO on my watch list thanks to your review.

    Hope you have a great weekend too! Thanks for commenting.

  4. Nice blog. I like the idea of dividend investing also, you get monthly payment with no effort on your part. Eventually it will snowball to 2 coffees, 4 coffees…..enough for a mortgage payment.

    1. Graham says: Reply

      Thank you!
      That’s the best way to view dividend investing. If you’re able to look at it as a process, and if you can be grateful for a couple coffee’s worth of gains, your journey to FI will become that much easier. Good luck with your early retirement goals!

  5. I’m a little late to the party considering it is August and this is for June. But we all have to start somewhere. My months aren’t that great yet so just need to keep building it up. Looking forward to your future updates.

    1. Graham says: Reply

      Hey DD!
      I’m late to the party too. I still need to publish my dividend report for July. I thought your dividend July dividend report was excellent. I liked that you’re holding KO. I was a shareholder from 2013 until recent and I regret that I sold. I plan on eventually rebuilding a position. I’m looking forward to more of your dividend income updates as well. Keep it up!

  6. Hey Graham,

    Great to read that we’ll get insights into your dividend income 🙂 We wish you the best of luck reaching your goals and like you say you’ll get a heck of a long way to reaching your goals and you’ll be better off either way.

    Good luck!

    Mr DDU

    1. Graham says: Reply

      Hey Mr DDU,

      Thanks for the support! Even though the dividend numbers won’t be that high this year, I literally cannot wait to share more dividend income updates. Although I’ve got some catching up to do in terms of dividend income, it feels like I should’ve just been a dividend blogger all along. I’m looking forward to reading more of your dividend income updates too. Also, I should reword that sentence about possibly never reaching my goals. Since I wrote that I have become increasingly certain that I will reach my goals. It’s just a matter of time and hard work. Thanks for stopping by! 🙂

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