Dividend Income

Building Wealth Through Dividend Income

One of the ways I’m working on building my wealth is through a dividend growth stock portfolio. My long-term goal is to get to the point where my portfolio is producing over $100,000 in dividend income per year. That goal isn’t one that I came up with after a lot of thought, I just thought that it would be a good, round number to aspire to.

This page is where I’ll be keeping track of my monthly dividend income, so check here every month for updates, as well as a yearly summarization of how I did.

I started investing in individual stocks in September of 2011, but it wasn’t until September of 2014 that I started making regular monthly contributions to my portfolio, and the middle of 2015 is when I started to solidify what I wanted out of my investments in the stock market.

I feel that my investing philosophy is constantly growing and changing, and I hope to be able to spend a little more time learning and developing here after I finish my schooling. My wife and I will also begin investing larger sums at that point.

In the meantime, we contribute $125 a month to our brokerage account and purchase stocks every six months, typically in June and December. If I find a deal that I can’t pass up I have purchased shares off of the schedule, but I rarely do so.

I decided to only purchase shares every six months to reduce the drag on our portfolio’s performance because of trading fees. I rarely, if ever, sell stock, but if there’s a compelling reason to do so I’m are more than willing to pull the trigger.

Below are a few of my goals for our portfolio for 2017.

Our Dividend Portfolio Yearly Goals

Monthly Contribution: $125

Total Dividends Received: $400

Forward Yearly Dividends: $500

Our Monthly Dividend Income

January: $81.30

February: $5.17

March: $21.36

April: $73.19

May: $5.41

June: $22.92