With earnings completed this quarter, I can finally tabulate my dividend income for the 4th quarter and also consolidate them for the full year.
I have been reliant on much of my dividend income over the years as it gives about a state of stability and predictability in terms of the cashflow that is much needed in my space so far.
I continue to invest in an arsenal champion of profitable companies who would then declared part of their profits as dividends to reward the shareholders. Having a stake in these companies mean having part of the pie when these companies reap good returns from their business.
I think this year has been a great year for the most part of investors.
Not only do they get to receive dividend income from the businesses they own, but also reap the benefits in terms of better striving business and higher profits, hence translating into higher share price for the shareholders.
Reits in particular have also been very resilient this year and will continue to be for the longer term.
If you are following my portfolio, you’d know that I don’t hold a lot of companies on hand. Thus, the 4th quarter is a rather barren month in terms of dividend.
The only company that declares dividend in the 4th quarter is FLT, which pays out sometime in Dec later this year.
This brings the reporting for the dividend income for the year comes to an end.
The full year dividend income comes to $26,292, which to me is largely disappointing because I have a goal of achieving a dividend income of above $32,000 for the year. But again, that’s because I killed much of my golden goose ahead and have them allocated elsewhere. So perhaps I should see that as a level playing field.
I’ll try again next year to see if I can improve anywhere from here.
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