September Dividend Portfolio Update 2023 🔥

Over $500 in Dividend Income 🤯

In the month of September, I made $594.06 in dividend income. This was a HUGE spike up from prior months.

The reason for this was I received my largest dividend payment ever from SCHD. SCHD paid me $417.04!

It was an amazing feeling seeing that massive dividend payment come in. And although the next few months dividend income won’t be quite as high as this months, I’m now still averaging $340.40 in dividends every single month!

And my expected yearly dividend income is now over $4,000!

---

The market took a nosedive on the backend of this month, dropping nearly 4%. For people looking for quick short term gains in the market, this is bad news.

For value dividend investors?

This means opportunity.

I was able to add capital to the following positions:

• TXN

• V

• LOW

• O

• SBUX

• SCHD

• VICI

And I added an entirely new position to my portfolio: WM.

This did make my average cost for most of these positions go up a bit, but long term I still believe adding these positions will be beneficial.

---

The best part about receiving $594 in dividend income?

Reinvesting the dividends.

Even If I didn’t add any capital to my portfolio this month, I still would’ve had $594 going back into my portfolio.

Not to mention, with the drop in the market, most of my dividends were reinvested at lower prices.

---

My future portfolio outlook is continuing to climb, which is quite exciting to see!

---

Tweet of the Week:

---

That’s a wrap on this months update! Let me know if you have any thoughts!

Link to download my spreadsheets:

https://www.patreon.com/dividendology

My contact at Seeking Alpha just allowed me to run a new promotion for them. Get a $50 coupon + a 7 day free trial to Seeking Alpha here:

https://seekingalpha.me/Dividendology

Social Media (and other fun stuff):

Click Here