September Dividend Income

After 35 years of clocking in and out of work and religiously saving at least 10% annually in my 401K every year, my countdown to financial independence is in sight. Each month is a step closer and let’s look at how this past month is getting me there.

For the month of September I made $5719.32; an increase of 10.15% versus this time last year.  This is below my target of 12.5% but expected as NEWT cut back its dividend after the PPP loans were done. While it was a good month for dividends, my portfolio value severely dropped and was at the lowest point year to date as I am down -15.4%.   

In August I received 5 dividend raises from LMT, MSFT, OGE, VZ & WPC.  Together this will add an additional $55.36 to my annual income going forward. Thankfully the dog days of a dividend raise summer are over and raises begin to pick up in September.

On the family front my middle daughter came down with COVID.  She has since recovered but was kind enough to share as I now have COVID as I write this update. Not really feeling up to writing much more so here are the charts:

DateSymbolCompanyAmount
9/1/22ALEALLETE INC162.97
9/1/22CMICUMMINS INC44.75
9/1/22DIVOAMPLIFY ETF TR CWP ENHANCED DIV111.61
9/1/22PNWPINNACLE WEST CAPITAL CORP210.21
9/1/22PSXPHILLIPS 6629.15
9/1/22SJMSMUCKER J M CO19.66
9/1/22UPSUNITED PARCEL SERVICE INC351.10
9/1/22VLOVALERO ENERGY CORP35.28
9/6/22ENBENBRIDGE INC248.25
9/6/22JNJJOHNSON &JOHNSON200.28
9/6/22PFEPFIZER INC240.92
9/6/22SOSOUTHERN CO70.88
9/6/22ULUNILEVER PLC SPON ADR56.40
9/6/22WMTWALMART INC14.75
9/8/22AMGNAMGEN INC11.85
9/8/22DFSDISCOVER FINANCIAL SERVICES15.69
9/8/22MSFTMICROSOFT CORP68.00
9/9/22SNASNAP-ON INC34.17
9/9/22WBAWALGREENS BOOTS ALLIANCE INC71.22
9/12/22CVXCHEVRON CORP23.96
9/12/22IBMINTERNATIONAL BUS MACH CORP156.84
9/12/22MMM3M CO63.12
9/15/22AVAAVISTA CORP149.38
9/15/22EPREPR PROPERTIES85.49
9/15/22FAFFIRST AMERICAN FINANCIAL CORP168.11
9/15/22GMGENERAL MTRS CO13.55
9/15/22NWLNEWELL BRANDS INC25.56
9/15/22OGNORGANON & CO5.75
9/15/22PRUPRUDENTIAL FINANCIAL INC526.71
9/16/22BHBBAR HARBOR BANKSHARES55.72
9/16/22DUKDUKE ENERGY CORP69.43
9/16/22RRYDER SYSTEM INC58.77
9/20/22CMPCOMPASS MINERALS INTERNATIONAL INC28.65
9/21/22PSECPROSPECT CAP CORP98.13
9/22/22QCOMQUALCOMM INC177.49
9/23/22BPBP PLC SPONSORED ADR9.45
9/23/22KHCKRAFT HEINZ CO9.80
9/23/22LMTLOCKHEED MARTIN CORP25.97
9/23/22WMWASTE MANAGEMENT INC46.92
9/26/22NUSIETF SER SOLUTIONS NATIONWIDE NASDQ16.22
9/26/22SCHDSCHWAB US DIVIDEND EQUITY ETF46.12
9/27/22XRMIGLOBAL X FDS S&P 500 RISK27.09
9/27/22XYLDGLOBAL X FDS S&P 500 COVERED69.86
9/29/22BEPBROOKFIELD RENEWABLE PARTNERS280.59
9/29/22BEPCBROOKFIELD RENEWABLE CORP70.08
9/29/22TROWPRICE T ROWE GROUPS25.40
9/30/22ARCCARES CAPITAL CORP563.87
9/30/22AVGOBROADCOM INC8.50
9/30/22CTOCTO RLTY GROWTH INC67.32
9/30/22GATXGATX CORP55.27
9/30/22NEWTNEWTEK BUSINESS SVCS CORP537.50
9/30/22PEPPEPSICO INC61.14
9/30/22WEYSWEYCO GROUP INC26.41
9/30/22M1 FinanceM1 DIVIDEND GROWTH ACCOUNT68.07

6 thoughts on “September Dividend Income

    • Thanks for the thoughts and it will pass. Agree on ignoring the value, a lot of companies went from over-valued to under-valued so quick. If anyone should take advantage of higher yields why not us.

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    • So far so good, this variant is much less than previous. Its kind of like having the flu and sinusitis at the same time. Your recovery inspires me to do better even with little things like this 😁

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  1. Hopefully you’re well past COVID by now. Our oldest daughter got COVID back in late August but other than a headache, fever, and sluggishness wasn’t worse for the wear and recovered after 2-3 days. Looks like an awesome haul of dividends for you during September. You’ve got to love those quarter end months.

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  2. Thanks JC, yeah past it now. First 2 days were high fever after that just congestion and sluggish.

    In regards end of quarter, my divvy income is so titling to end of quarter. Lately I feel like all my stock buys fall into this period so it will get worse but in a great way 😉

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