I think it’s important to celebrate wins on the path to your ultimate goal, no matter how small. Sharing my dividend income results with you readers gives you some insight to what is possible as you begin your journey.
My ultimate goal is to be able to live off of the passive dividend income from my investments, so I can just stay at home and play video games. Here is the money I made in March 2015 without lifting a finger.
MCD – $9.35
CVX – $9.63
EMR – $7.52
LMT – $7.50
BP – $30.00
Compared to the dividends I earned in December ($20), I’m already seeing some serious progress. I’ve more than tripled that income, progress in an early portfolio is always so impressive sounding. Sadly, with the changes to our goals for 2015, it will be a while until we can see this grow again.
The stocks I currently own all seem to be on a March, June, September, December payment schedule. So I didn’t see any dividend income for January and February.