Well friends, 2015 is coming to a close — I can’t believe how quickly this year has flown by. 12 months ago at this time I was only just embarking on the road to financial freedom, with a portfolio consisting of a lone share of Intel that I had recently purchased (adorable, I know) and a couple thousand dollars in savings. Then in February 2015, I received my very first dividends, totaling a mind-boggling $6.26 of cash flow. I’ve certainly come a long way since then!
And now, it is time to publish the last dividend log of 2015 *wipes tears*, so let’s see just how far I’ve really come.
|Johnson & Johnson||$15.00|
|National Oilwell Varco||$14.72|
|Textainer Group Holdings||$3.60|
It seems that the dividend deities decided to play a cruel joke on me…$1.20 shy of the $100 mark? Like, for realz?
Trite complaints about first-world problems aside, December actually yielded a solid amount of passive income for my portfolio. This is the second-highest payout I’ve ever received, surpassed only by my September earnings of $107.40, which, in all fairness, were boosted by the presence of BHP Billiton’s bi-annual dividend, which amounted to a meaty $12.4 payout that December didn’t have the luxury of boasting. Also absent from my list of benefactors this month was BreitBurn Energy Partners after they unfortunately recently announced the suspension of their monthly dividend.
I’ve said this before, but one of my goals for my first year of investing was to receive an average of $50/month in dividends by the end of 2015. Last month, my projected annual dividend income clocked in around $894; however, a series of recent unfortunate events (Textainer Group Holdings and Kinder Morgan both severely cutting their dividends and BreitBurn Energy Partners suspending theirs entirely) set me back a little and reduced my projected annual income to $832. While this certainly sucks, it still leaves me with an average monthly payout of $69 or so, which is comfortably ahead of my goal.
The next milestone I’m shooting for is the $100/month mark, which I’m hoping to achieve by the end of 2016. Although I will be focusing on paying off some debt and building up an emergency fund over the course of these next 12 months, I still think I can crack the $100/month milestone by year’s end. It’ll be an exciting second year of investing, and I will continue to share it with you all just as I’ve done thus far.
With that said, onward to January and 2016! 😀
How was your December? Did you set some new earning records? Let me know!
Disclosure: long AMGN, CVX, EMR, INTC, JNJ, LMT, NOV, SE, TGH, UL, WFC