This month is lower than the May earnings. In May we had TAL paying
out, and the newly merged company TRTN pays out in September, so we
should see the boost there. We're still up, from August last year.
RY
pays out in Canadian dollars, so there's always a slight currency
fluctuation; I'm not deducting the foreign tax withholding, as I'll get
that back in my taxes. RY also announce a dividend increase, which is
why we love them.
- Income: $ 754.25
- Trailing 12 months: $ 5,447.45
- Forward 12 months: $ 5,651.60
2016
goal is to have $5900 in projected dividend income. So I'm roughly $250
short of that goal, and we have four months left to invest. I plan to
sell ARLP this year, which brings a lot of cash, which I won't be able
to replace. So hitting the goal is going to be tough. On the other
hand, I do have one car payment ending later this year, which will help
catch up investments early next year. It's around $1000 and I plan to
put half towards a new car fund (cash until I've built up a comfortable
level), and the other half will go into the dividend portfolio.
My
cash position is slowly growing from div income the past couple of
months. I'm not a point where I want to jump in yet -- plus various div
stocks are overvalued at the moment. I plan to dump ARLP, and use the
proceeds plus all cash to get into a new position, or possibly add to an
existing one.
In September I expect to earn $ 482.65, including the first payout from TRTN as mentioned above, and my first income from TGT.
