As mention in the previous posts, if I leave my account the same, I’m on track to meet my dividend goal of at least $3000 this year. However, I am still making bids on some fixer upper hoping to boost my semi-passive income. As the return on investment property is 20% at the very least compare to 2% that I currently earn with my dividend investment account.
Property investment is semi-active vs. dividend investment is 99.99% passive. I only make a few clicks to buy. Dividend investing by far my favorite method to gain passive income.
I got paid from 7 different companies compare to just 3 companies in April, and 0 in January. Doubling the companies and income quarter over quarter is not to shabby. In fact, I feel confident that these companies will be able to afford the payouts for many more years to come.
Noted in June, I timed it so that I bought a bunch of REITs when there was 1. massive sell off due to rumor of interest rate increase. 2. I bought them right before the ex-dividend date to stay consistent with my strategy to buy before the ex-dividend date to riff the dividend payout.
Notice, these payouts are not very high at all, less than $10 each companies. However, imagine I have 100 of these companies, ahhhhhhh, that number will shoot up from $60 to $600 in no time. Dividend investing is also require patience and persistent.
|7/27/2015||Dividend||GE – GENERAL ELECTRIC COMPANY 072715 50||$11.50|
|7/15/2015||Dividend||BXMT – BLACKSTONE MORTGAGE TRUST INC 071515 20||$10.40|
|7/15/2015||Dividend||O – REALTY INCOME CORP REIT 071515 50||$9.50|
|7/15/2015||Dividend||STWD – STARWOOD PROPERTY TR INC 071515 20||$9.60|
|7/15/2015||Dividend||WPC – W P CAREY INC 071515 10||$9.54|
|7/1/2015||Dividend||BAX – BAXTER INTERNATIONAL INC 070115 10||$5.20|
|7/31/2015||Dividend||JPM – JP Morgan and. Chase 10||$4.40|
- Jan 2015: $0
- February Dividend: $107.67
- March Dividend: $658.55
- April Dividend: $38.44
- May Dividend: $163.30
- June Dividend: $577.63
- July Dividend: $60.14