Passive Dividend Income Report # 7 – December 2017

passive dividend income

Welcome to the 7th dividend income report, old sport!

This will be the final dividend income update for this year, so the December 2017 and final results for 2017 are posted below.

Frankly, I’m relieved that the first year of building this business is out of the way.

The first year of building a dividend portfolio is about creating a foundation.

Now that 7 months of tracking my dividend numbers are in the books, I have something to build upon.

I gain the ability to compare my results to the previous year, and I have income rolling in addition to my personal savings.

Not only will the foundation make for more interesting dividend income reports, it will also help the business grow faster.

Nevertheless, the dividend business deposited $11.57 worth of cash in to my account in December 2017.

This amounted to a 39.73% quarter of quarter growth rate when compared to September 2017.

The complete results for the month and year are posted below:

Passive Dividend Income Report # 7 - December 2017 Click To Tweet

passive dividend income 2017

Passive Dividend Income Earned in December 2017

Total dividend income earned in December: $11.57

Last quarters total (September 2017): $8.28

Quarter over quarter growth (compared to September 2017): Up 39.73%

Total passive dividend Income earned in 2017: $58.14

Passive dividend Income earned this Quarter (Oct-Dec 2017): $34.66 

Monthly average in 2017: $4.85

How many businesses paid dividends in December: 2

passive dividend income 2017


Passive Dividend Income Analysis & Conclusion

Considering the amount of the forward monthly payments, it’s almost hard to fathom that I only earned $58.14 in 2017.

On the other hand, this business has only been operating for 7 months now.

And the January payment alone is projected to generate more than half the entire 2017 dividend income.

The payments were small in the beginning, but the frequent purchase plan is beginning to pay off, as the forward payments are increasing at a high rate.

Without giving away too much information, the forward dividend business for 2018 is projected to generate multiple, multiple times more than the $58.14 earned in 2017.

In the not so distant future, I plan to publish the next forward dividend income report.

Additionally, I plan to publish my financial goals for 2018, which will include specific earnings targets for the dividend business in 2018.

Moreover, I’ve already been fortunate enough to add more than $25.00 annually so far this month, and my goal is to double that by the end of December.

“Dividends may not be the only path for an individual investor’s success, but if there’s a better one, I have yet to find it”

– Josh Peters

In closing, this business is well on its way to becoming consistent cash flow machine.

It’s partially due to the accountability aspect that comes along with publishing your income online, and I’m grateful for this platform.

I’m seriously looking forward to sharing all the progress that’s been made in the next annual report.

Thanks for reading!

Questions for the readers: How was your dividend income in 2017 and in December? What are your goals for your portfolio in the new year?

11 Comment

  1. RTC, I am a big fan of Josh Peters. I loved his newsletter when he worked at Morningstar and I have read his book The Ultimate Dividend Playbook twice. I started my dividend cash flow machine in 2004. Keep doing what you are doing. It will pay off. Tom
    Tom @ Dividends Diversify recently posted…Surviving The 2002 -2007 Bull Market Hangover (Part 2)My Profile

    1. Hey Tom,

      Thanks for reading and commenting! I’m not too familiar with Josh Peters actually. I just happened to come across that comment and totally agreed with it. I’ll have to read that book now that you recommended it. And wow, that’s awesome that you’ve been building your cash flow machine for so many years! And I appreciate the support, Tom! I won’t stop. Have a great week!

  2. Keep it up Graham! This will be fun for you to look back on someday when your cash flow machine is in full swing! I just got my first dividend payout for the month today and I have a few more to go. December is always a good dividend month for me. Take care man!

    1. Hey Mr. DS,

      Thanks for reading, commenting, and for sharing on Twitter!🙏🏻 I always appreciate it! I got to catch up around the blogosphere. I’ve been taking it easier lately but it has been looking like you’ve been hustling from afar. Keep it up!

      And it will be cool to reflect back on this journey one day. I’m glad I started from the beginning. Good to hear that you have a few more dividend payments coming. Have a good one man!

  3. I am still waiting for several dividend payments to come…I can’t wait to add it all up:)
    Looking forward to seeing your progress next year!
    Caroline recently posted…Grocery Budget November 2017My Profile

    1. Thanks for the comment, Caroline! I definitely understand your anticipation. There’s almost nothing I enjoy more than sitting down at my desk with a coffee to add up my dividend income 🤓 lol. I’m looking forward to seeing what I can accomplish in 2018 as well. Enjoy the rest of your week!

  4. The dividend train has left the station and is picking up speed! 😀
    Next year will be YUGE!
    MrDoublingDollars recently posted…Dividend Income Extravaganza – October & November 2017My Profile

    1. Thanks for the support, Mr Doubling Dollars! The dividend train is definitely picking up speed, especially within the last month. I’m looking forward to sharing the next annual outlook. Hope you’re having a great week. 🙂

  5. Nice work buddy! Big % gain, even if it’s a little $ gain. In a year’s time you will be storming higher with those numbers 🙂

    Mr DDU

    1. Thanks for the support, DDU! I’m looking forward to making more progress in 2018. And I definitely appreciate all gains, even when it’s a smaller $ figure. Best of luck with your investing too! 🙂

  6. […] Reverse the Crush – $11.57 (December 2017) […]

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