Wednesday, October 2, 2013

September 2013 Dividend Income Update

Nice month for the portfolio regarding dividends. September treated me with four dividend increases, I decided to sell Intel, and today PSX announced a stunning 25% dividend increase! I love the growing stream of passive income my portfolio is generating. The amount of dividends my portfolio generated this month is a record!

Here's the dividend update for September 2013:

Dividends Received

  • WFC: $25.20
  • INTC: $11.25
  • WMT: $9.87
  • PSX: $8.44
  • AFL: $20.65
  • JNJ: $11.22
  • IBM: $7.60
  • CVX: $11.00
  • NSC: $7.80
  • MSFT: $12.19
  • MCD: $21.56
Total dividend income for September: $146.78

My 2013 goal is $1000, so far I'm 76.17% of the way there, my progress is tracked here.

I'm 100% sure I will meet this goal and already thinking about setting a goal for 2014. I'm thinking about $1500 in dividends for 2014 would be a nice challenge.

Thanks for reading


  1. Congrats on the record dividend month. You do have several increases coming your way! You are making great progress and looks like going to be able to smash your 2013 goal.

    Keep up the great work!

    1. Dividend SWAN Investor,

      You are right, lots of dividend increases. I'll reach my 2013 goal hands down, great! Thanks for the support.

      Take care

  2. I am seeing more and more people sell INTC, which I agree with. I don't see the growth potential with them.

    Nice record month. Keep it up!

    1. Pulling Myself Up,

      After INTC didn't raise the dividend for the sixth quarter in a row, the decision became easy for me. INTC seems to have missed the boat on the mobile phone market and I'm unsure if they can keep up with competitors.

      Thanks for stopping by!

  3. I just ran across your site. That's an impressive and well rounded portfolio for someone in college. I bet you can't wait until you're out of school and making more money to invest and compound those dividends. I did some speculative trading when I was your age but I only recently started a DGI strategy the last couple of years.

    1. All About Interest,

      You are right, I can't wait to get out of college and start earning mid-high 5 figs a year. My portfolio should really grow if I can keep my living expenses down. The money I'm building my portfolio with now is earned from various side projects which I haven't talked about on this blog.

      I never did short term trading, at least not with real money, I did some with a demo account. I started reading something about strategies, and stumbled upon DGI. Learning about DGI really gave me the "Aha-moment". I came to the conclusion that the DGI approach made way more sense for me, my personality-type and my goals and starting adopting that.

      Take care

  4. ED,

    You're doing phenomenal for your age. I only wish I had the vision and portfolio you have at 23. You'll be sitting very pretty when you're 30!

    Best wishes.

    1. Dividend Mantra,

      Thanks for the kind words, I really am fortunate to have found this lifestyle this early and actually having the resources for it to implement. I'm really satisfied were I am on this journey, two years in.

      I realise I'm miles ahead of the average person my age. It gives me peace of mind!

      Take care