Another month has passed and it is already October, so it is time for one of my favorite monthly posts, the dividend income update September. Well, it was another good month for my dividend income and I again managed it to improve my income compared to the year before.
The ninth month of 2018 was without any surprises and quiet straight forward and as always not so exciting when it comes to the dividend income.
Overview dividend income September
My total dividend income in August was 180.66 EUR or 209.75 USD that is an increase of 6.2% compared to September 2017. The main dividend income this month came from my 2 British investments PPL and Greene King
Conclusion
My average monthly dividend income in 2016 was at 58.86 EUR and in 2017 it was at 120.58 EUR, for 2018 it is currently at 146.04 EUR.
My projected full-year dividend income is now at 1 909.21 EUR or 2 220.3 USD that means I have now an average of 159.13 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 :).
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 midterm 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!!
