5 April, 2023 seen 295March 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.
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.
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Dividend income in September 2021
From the dividend stocks I got the following income last month:
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.
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.