Yearly Dividend Income Update

Written by The Dividend Guy on December 16, 2006

I passed a bit of a milestone in my dividend accounts this past week. Although it was not an official goal, it is one of those items that you notice if you analyze your portfolio enough. As I wrote about a few posts ago, I keep pretty good track of my dividend yield on my portfolio.

As of December 14, 2006 the yearly dividend income that I will receive in my dividend paying account is $1005 per year. This is a pretty good jump from my last reported figure on October 17, 2006, at which time my account would have thrown off $979 per year. I have attached a chart below that highlights the dividend income growth over the past couple of years.

Dividend Income.gif

The growth in income on this account has come primarily from reinvesting dividends into more shares. Every quarter when I receive a dividend payment, that money gets plowed back into more shares automatically. The result is that the next quarter I receive an even larger dividend payment. Depending on what the share price has done for the company, I may buy more or less shares than last time. The net result however is that my investments keep growing as my dividends increase. I love it.


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2 Comments so far

  1. Latest Finance News » History » Yearly Dividend Income Update December 16, 2006 5:04 pm

    […] Original post by The Dividend Guy […]

  2. Personal finance and wealth at A Penny Saved… : Carnival of Personal Finance #79 December 21, 2006 9:54 pm

    […] The Dividend Guy of The Dividend Guy Blog:Yearly Dividend Income update […]

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