5 April, 2023 seen 295
March is finally over. The last March was really uncomfortable and in fact, it was the first month from my short…
Welcome to the fifty-third (#53) dividend income report, covering earnings I've made from dividend-paying stocks in September 2021.
Last September we spent both in Georgia and Latvia, as usual, we did a few nice road trips in both countries.
Water and Rocks at Martvili canyon
From the perspective of dividend income - Last September was pretty low, but as I'm rebuilding the portfolio from the scratch - its picking up. Slowly but steady.
In total, I took $15.59 in dividend income last month. Which is quite awesome, for doing nothing, just holding stakes at great companies (y).
Back in July, I decided to start it over and build a dividend-paying stock portfolio from scratch, I sold all existing positions, kept some cash, and started selling credit spreads to generate income, which is used to buy these stocks.
An additional $948 was made from options trading
As options trading is not a passive form of making money while you are sleeping it wouldn't be fair to include them in dividend income reports.
Subscribe to the newsletter and learn more about my options trades.
Dividend income in September 2021
From the dividend stocks I got the following income last month:
INTC | $1.48 |
PFE | $1.68 |
WBA | $2.03 |
WMB | $2.44 |
ARCC | $5.58 |
AWP |
$2.38 |
Total: $15.59
Six dividend stocks paid us dividends last month. All, but AWP are quarterly paying dividend stocks, during the Q4 (December) we are looking to double monthly dividend income.
Stock Buys
Last month I bought 5 ARCC, 16 AWP, 15 HPE, 3 INTC, 15 MPW, 13 NRZ, 3 WBA, and 17 WMB. These buys will greatly contribute to future dividend income growth.
Trailing twelve months value
At the end of September 2021, my projected trailing twelve-month dividend value stood at $13.55. It translates to about $162.65 annual dividend income or $0.44 daily dividend income.
The average monthly old-age pension in Latvia is EUR 365 ($422.24). At the end of September, my average monthly dividend income stood at a 3.16 % level from the average old-age pension in Latvia.
Goals for September 2022
When looking at September 2022, I will be quite optimistic and say USD 75 is what I'm looking at.