Wednesday, August 15, 2012
Milestone: $1,000 in Dividends in a Single Year
Thanks to an above-average month and a trio of dividend payments today, I have now received over $1,000 in dividends thus far in 2012. I consider this to be an important milestone on the road to building a sustainable and growing dividend income stream. It suggests that my investing strategy is working and I am making great progress toward my goal of receiving $1,300 in dividends this year. It is remarkable to reflect on the fact that I have an extra $1,000 in income -- which is a non-negligible amount -- simply from investing in the stocks of high-quality, profitable companies with good dividend policies. Reaching this milestone helps to drive home the point that dividend growth investing is a sensible strategy for generating income.