Welcome to my belated September dividend and options income post. In this post I share dividend income, options income, and Lending Club income. For many dividend stock investors, the $1,000 dollar mark in dividend income is a big deal. It’s no different for me. I’ve waited a few years and come really close a few times, but I haven’t crossed the $1,000 mark yet.
Guess what? I didn’t reach $1,000 this past month. I came really close though.
August marks the ninth consecutive month where I’ve set a monthly dividend income record. In September, I earned $981.96 in dividend income. Comparing September 2016 dividend income to 2017, I earned $489.64 more in dividends this year.
I also closed 2 options contracts, which earned me another $225.70. Lastly, I earned $46.26 in Lending Club interest. My total September income from these sources is $1,253.92.
I set a 2017 goal of $7,500 in dividend income and $7,500 in options income. To succeed, I need to earn an average monthly total of $625 in dividends and $625 in options. I’m still ahead on dividends and I’m still falling behind on options. I have many open contracts expiring in November. If I let these expire, I’ll still come in right around $7,500 in options income.
My current 2017 dividend income is $6,265. This is an annual pace of $8,353. My current 2017 options income is $5,031. This is an annual pace of $6,708. I’m confident that I will reach my dividend income goal, but not the options one. I have a bunch of options coming due in November. I’ll hit my goal is these trades go my way. we’ll see what happens.
September Dividend Income
I was paid dividends from 30 sources. My largest dividend income came from Target and Qualcomm. My average daily dividend income totaled $32.17. My 2017 dividend income totals by month can be found on my Dividend Tracker page.
August Options Income
I closed two contracts in September. Total income after expenses was $225.70.
I was so close to $1,000 in dividend income. I’ve got one shot left this December. It’s going to be close; within a few dollars I believe.
How much money did you make in September?