- Total dividend income projected is $634.34 (Up $29.38 since the previous report).
- $114.71 in dividend income has been added year to date.
- Annual dividend income was up $30.95 overall in April 2019.
- $60 to $70 months are projected for the near future.
Bonjour, Investors!
I hope you’re doing well today!
Let’s jump right into it.
I’m absolutely thrilled to announce that annual dividend income is up to $634.34 after April’s stock purchases.
Although $634 may not seem like much now, as long as the companies remain intact, it will amount to $6,343.40 over 10 years, and $25,373.60 in 40 years.
Can you believe it? That’s $25,373.60 more I’ll have in my seventies! I don’t even have to do anything except continue to hold the stocks I’m already holding.
This estimate is without factoring in dividend raises or reinvesting the dividends. But it’s a simple calculation to show how small amounts of money add up over time.
Dividend Income Projection 17 | May 2019 | $634.34
Revenue growth continued in April 2019, as the business grew by 4.86%.
The RTC dividend business now generates $634.34 in annual profit after April’s $30.95 increase.
The cash flow machine, which is essentially a holding company, consists of 15 companies in total. However, only 12 of them pay dividends. 3 of the companies are for long term growth.
$365.66 until this is a 4 digit business
I just need to add a little more than 10 times what was added in April to reach $1,000 annually. I’ll need to pick up the pace to have any chance of accomplishing that by the end of the year. But I’m not too far off…
The good news is that I’m well on my way to meeting my financial goals for the year.
As a refresher, the target is to earn at least $670 this year, and to put the business in a position to earn at least $800 annually from dividends by the beginning of 2020.
Based on the first 4 months, I am still in a great position to surpass both targets.
Dividend Income Projection 17 | May 2019 | $634.34 | Concluding Thoughts
Out of all the numbers I’ve presented in this report, the forward monthly outlook stands out the most to me (chart shown above).
I mean, I’ll earn an extra $60 to $70 per month, most of the remaining months this year. That’s actually enough to buy something or pay a small bill! But obviously it will be reinvested along with monthly savings.
In regards to April’s dividend income update, I am planning to publish it very soon. I would have published it sooner if the numbers were available. Expect the 23rd dividend income update in the near future.
Merci d’avoir lu.
Au revoir!
I am not a licensed investment or tax adviser. All opinions are my own. This post contains advertisements by Google Adsense. This post also contains internal links and links to RTC social media accounts.
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