Another month down and another month closer to my goal of retiring on my dividends. I know this goal is years away, but it is really exciting for me to see the difference a month makes. Month over month, year over year, my dividends will continue to grow if I stay the course. My goal this year is to hit $1,500 in dividends. This was an aggressive goal prior to my decision to walk away from my employer. If you remember, changing jobs allowed me to rollover m 401k into an IRA, which has allowed me to buy dividend paying stocks. Since then, this has become the easiest of my 2015 goals. Last month my dividends surpassed $1,500 for 2015!
Adding up my dividends received, I’ve currently earned $1908.52. I estimate that I will finish up 2015 with dividends totaling around $3,000.
My dividends collected in August were as follows:
My Dividends – Year-Over-Year
This chart tracks my monthly dividends on a year over year basis. 2014 numbers are in blue and 2015 numbers are in red. My dividends in August went from $88.64 in 2014 to $276.23 in 2015.
Full Disclosure: Long KMI, O, T, TIS, OHI, COST, ROYT, OKE
Did you hit your monthly dividend income goal in August?