In March I received $110.85 in dividends, which is the first time I received more than $100 in dividends in a single month. This might not seem like a major milestone (especially when compared with my portfolio value reaching $50,000), but it is very important in the context of my goal to create a sustainable, rising stream of dividend income that will eventually allow me to be financially secure in retirement. Achieving that goal will inevitably require that my monthly dividend income exceed my monthly expenses, so breaking the $100 mark is a big step in that direction.
The next milestone for my monthly dividend income is $200, although I do not anticipate reaching that point until 2013.
Congrats on the $100+ a month milestone. I actually just hit this myself for the first time in March. I am also right on pace to earn about $1300 for the year, about the same as you. Reading your blog and others helps to keep me motivated.
ReplyDeleteHi austinbroker,
DeleteThanks! I just checked out your blog and I see March was also a very good month for you. It's great to see we're both on pace to reach similar goals.
Cheers,
Deedubs