September 2019 Dividend Income Summary

Dividend Increases

September may not have as many dividend increases for me, like other months, but September makes it up in IMPACT. The Dividend Growth Rate is real, folks.4 dividend increases, added $60 going forward. Look at that and all 4 are consistent dividend players on my team. Since owning them, they have never, ever missed a beat.

My favorite this go around has to go to McDonald’s (MCD). Why? In such a competitive industry and with the health craze occurring/getting more intense each week, McDonald's continues to do what they do best, as well as stay innovative at the same time. When in Italy, I never thought I could see so many people swarm into McDonald’s for their snack, lunch, drink or just to catch up.Utterly and beautifully amazing. The trip makes me think different (in a positive way) about McDonald’s and I am honored to be a shareholder.

Overall, $60.21 added would require an investment of $1,720 at 3.50% yield, in order to produce that result.

Dividend Income Conclusion & Summary

The name of the game is to apply what you learn through financial education. The next steps are to maximize every dollar for investment opportunities and live a balanced life.  My plan is to show that dividend income can be a revenue engine. A revenue engine that allows you to take back control of your life. Dividend investing, once you learn the right way, becomes easier and starts to immensely make sense!

There is a nice adjustment to my most recent monthly expenditures article.  Sadly, my property taxes increased by 14%. Therefore, my new average is $1,040 per month therefore, my current dividend income would cover 200%+ of that amount. Two times over baby! In fact, this may be the first time my taxable dividends of $1,248 covers the monthly expenses! Wow.Just… wow. Dividend investing is insanely real, I can literally taste freedom.So.Damn.Good.

Accordingly, if I keep the same growth rate up, could I hit over $2,750 going forward? That should mean my other months are also catching up and this is going to be a steam engine of dividend reinvestment. Excited for the future, no doubt. Further, all of the investing from last year and moves this year shows that my aim to save 60% of my income, and making every dollar count, has allowed promising results already this year.

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