Welcome to my June dividend income post. In this post I share dividend income, options income, and Lending Club income. June was another record month. I almost cracked the illusive $1,000 in dividend income mark and I reached a new monthly high. I earned $977.35 in dividend income. I also closed 5 options contracts, which earned me another $325.85. Additionally I earned $53.00 in Lending Club interest. My total June income is $1,356.20.
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.
At the end of June, I’m pacing ahead of schedule with $4,011.92 in dividend income. This is an annual pace of $8,024.
At the end of June, my annual options income is $3,899.86. I’m slightly ahead of schedule with an annual pace of $7,800.
I’m confident that I will reach my dividend income goal. I’m cautiously optimistic that I will reach my options goal. It really depends on volatility. Right now, I’m not finding many contracts that I’m willing to sell covered calls against. Also, with the market still going up, I’m nervous to sell too many puts.
June Dividend Income
I was paid dividends from 30 sources. My largest dividend income came from Target, followed by Qualcomm. My average daily dividend income totaled $32.58.
June Options Income
I closed five contracts in June, four covered calls and 1 cash secured put. Total income after expenses was $325.85.
It felt awesome to set a new June record and to realize my highest ever dividend income month. The illusive $1,000 barrier is getting close. I expect to see $1,000 in dividend income this December. Dividend income growth is very impressive. Isolating my June dividend income from 2014 to 2017, the chart below shows what consistency can do.
It’s been a busy past few months for me. My regular readers have probably noticed a major drop-off in new posts. I’ve decided to shut-down my other blog Options Hunting. I just don’t have the personal time to maintain two blogs. I’ll be redirecting this site to Investment Hunting soon. I’ll also start posting my options activity on this site.
I’ve been busy. I have many posts to write. I bought an investment property, and I’m dabbling in crypto currencies. Future posts will be coming shortly.
How much money did you make in June?