Dividend Income Update July 2017

ach month I will publish my dividend income. I will mainly do this for staying self motivated and to give you the readers the chance to follow my journey from the beginning on. The dividend income in the first couple of years will be on a very low level but investing in dividend stocks is all about the long term. I am very sure that in 5 years from now I will get my first rewards for the patience and focus on my goals.

It is again time for the monthly dividend income summary, can’t believe that is already August. But yeah my dividend income in July was already in triple digits it is the 5th month in a row. Having such a consistent income already in the 3rd year of my dividend income journey feels really great.

Overview dividend income July

My total dividend income in July was 154.52 EUR that is an increase of 294.2% compared to July 2016. That increase does mainly come from my additional investment in my first ETF, which covers a lot of very good dividend payers in Europe.  My accumulated yearly dividend income is already above the total of 2016. Currently I have collected dividends worth of 904.21 EUR compared to 706.26 EUR in 2016. Considering my further investments I more than confident to reach my goal of 1 400 EUR Dividend Income in 2017.

Overview monthly dividend income 2017

As you can see in the chart above the development is not the worst, the year started very slowly in January and February, from March ongoing I managed to make a huge increase in my monthly income. For August nevertheless I am expecting just a dividend income of around 60 EUR, but yeah September will be much better again :).

Conclusion

My average monthly dividend income in 2016 was at  58.86 EUR and currently it is at 129.17 EUR.

My projected full year dividend income is now at  1 381.11 EUR that means I have now an average of 115.09 EUR per month. So I still managed to increase my projected dividend income month by month. Nevertheless the still weakening USD is a little pain and the increases are little smaller than expected, but it is not the end of the world :).

As already mentioned my goal until the end of the year is to have a total dividend income of 1 400 EUR and to have a projected dividend income of 1 700 EUR by the end of the year. I still don’t see a big problem to reach that number, as I am still planning to invest around 8 000 EUR this year.

Again I have to say that investing in Dividend Stocks, ETF’s or whatever which is for the long run really pays you back. It is not that difficult you just need to focus on the long run. I am quite sure in the mid term a lot of us might have a portfolio in the deep reds. But this is time where we should buy and not sell. Investing is for the long term. I am now into that for three years and my snowball already starts to get bigger and bigger month by month. I am already curious where I am in 5 years from now on. It is just important to keep in mind:

Patience is one of your best friend on this journey!!

How was your dividend income in July?

Disclosure: I do not recommend any decision to the reader or any user, please consult your own research. Thank you for your understanding.

8 Comments

  1. Great work! Yes, all we europe-based investors strongly invested in US positions are suffering doubly from the weak dollar – low valuations in our portfolios + lowered dividend income. But as all, this too shall pass…

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