Sorry for the delay folks. Been really busy getting ready for life with no kitchen and one of our two bathrooms. suddenly January is almost over and i have not posted. EEK!
Meanwhile, here is our street covered with 1 solid inch of ice. I hung onto the car to prevent sliding down a half block.
Here goes!
DIVIDEND INCOME
Another month of knocking it out of the park and speeding head first towards financial independence.
In December I got 59 payments that added up to $2,665.74. That's a 25.88% increase over December 2021's $2,117.71 This is the kind of growth that makes me tingle. I'll hit F.I. sooner than later.
Here are the payments I got.
DIVIDEND INCREASES
December 2022 gave me 10 dividend increases increasing my annual dividend income by $92.12 Not Bad! Here it is below. The increases averaged a 4.82% hike.
STOCK BUYS
I was more concentrated in my purchases in December. I had a goal of increasing my ownership of QSR and NSC. In total, I invested $3,488.96 and will earn and additional $114.84 of annual dividend income. Every penny counts
2022 SUMMARY
Quite the year for improving my annual dividend income and sticking with continually adding to the portfolio. Here's the numbers:
STOCK BUYS: $49,861.89 invested for a $1,437.42 annual dividend. That's a 2.88% yield.
DIVIDEND INCREASES: $589.23 of increases
This is a total of adding $2,026.65 to the annual income. That's $168.88 of additional income per month. Yay!
Now for the drumroll.......
TOTAL 2022 DIVIDENDS: $27,254.02 BAM!
That is an increase of 73.93%from 2021's $15,669.90 An almost 12 thousand dollar increase. Remember, I made a ton of investment moves in November and December of 2021 that made this bump happen.
What is my 2023 goal? Just keep it up. I want to see my dividend income go to $35K by the end of the year. IT will take a lot of extra savings, but I will sure try.
If I do not try, I will never achieve it.
