Monthly Archive: June 2016

I recently became aware of what a good deal Viacom, Inc. is for a dividend stock. Viacom is an “entertainment content company” and produces, finances, and distributes content in television and film. They work with Disney, MTV, Paramount, Nickelodeon, and more.

Recently, I bought 20 shares of VIA at $48.36 per share, and then after the price dipped, I bought another 22 shares at $44.20.

Currently, Viacom’s PE Ratio is around 8, which is an insane deal considering the dividend yield is over 3.5%. Their dividend growth history only goes back about 6 years, but it has been growing about 20% every year, and with a payout ratio of only 28%, it seems like that will continue.

This puts me at $703.32/$600.00 for my annual passive income goal for 2016, and $58.61/$100.00 for my average monthly passive income long term goal. It seems that I neglected to do the math on my annual dividend income after the last couple of purchases, and didn’t realize that I REACHED MY GOAL FOR 2016!!! I will probably do a mid year review of my 2016 goals soon, it’s exciting to have one of those completed.

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 May 2016 without lifting a finger.

VZ- $12.57
YUM- $5.98
AAPL- $10.88
SBUX- $3.80

Total: $33.23

Compared to last year, I earned $0 in May, so that’s a pretty decent increase! In February of this year, I earned $17.13 from VZ and AAPL. I have, since then purchased YUM and SBUX and increased my stake in AAPL. This goes to show that one of the biggest growth factors early on is simply making new investments.