• $34.40 in annual dividend income was added since the last report.

• The goal to surpass $400 annually was achieved! Total dividend income projected is $404.07 annually.

• The RTC Dividend Portfolio now generates $175.18 more than it did on December 31, 2017.

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Another month of acquiring income producing assets has passed and it’s time to report how much dividend income was added. 

If you recall, I set the target to earn at least $400 annually from dividends when the goals for June were published. I also alluded to the $400 target again in the forward dividend income projection for May 2018.

And well, as you can see from the headline, the $400 target was exceeded! The month of June was successful as $34.40 worth of annual income was added.

The initial investments by the RTC team are beginning to pay off. The portfolio is now a $400-plus business that’s on it’s way to $500 annually.

Finally the amount of income generated is beginning to feel substantial.

[bctt tweet=”Forward Dividend Income Projection #7 | $404.07″ username=”reversethecrush”]

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Income Projection #7 – Key Numbers for June 2018

Number of businesses owned: 11

Total annual dividend Income projected: $404.07 (Up $34.40 since the last report | Up 9.3%)

Average dividend income projected per month: $33.67 (Up $2.86)

Projected Bi-weekly dividend income: $15.54 (Up $1.32)

Per day: $1.11 (Up $0.10)

Percent to target (Minimum $18,360 annually): 2.20%

Expenses

Cost to acquire income in 2018: $148.50

Expenses in since the last report: $19.80

Total income added in 2018: $175.18

Profit Margin in 2018: 17.96%

** Profit margin is not referring to overall portfolio return. It is a measurement to determine how much dividend income was added compared to the cost of trading fees.

Annual Income Added in June

As mentioned above, it cost $19.80 to add $34.40 worth of annual income in June 2018. That sounds like a pretty fair trade off to me.

Think about it—if I spent my whole life trading $20 for $35, I’d be a lot better off by now, especially considering that dividend income will be paid annually forever.

Nevertheless, at least I’m trading dollars for more dollars now. The most recent dividend income update is flat out proof that this concept is working well—year over year income was up 677%.

Overall this was the 2nd most successful month of the year for adding dividend income. The amount added is second only to the $49.96 that was added in January.

Regarding the purchases made this month, there were not any new positions added. The increase in dividends came from adding to existing positions.

Although I do not mention individual stocks by name on this blog, I will mention that I had to break the acquisition pattern that was forming over the past few months. I have been adding to an oil related sector. However, the share prices of two of the positions that were being acquired increased by more than 10%. In turn, I can no longer average down on those positions. As a result of this increase, funds were added to a monthly dividend income payer in a different sector. 

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Concluding Thoughts

It’s taken over a year to build a cash flow stream that generates more than $400 annually. But now that it has been reached, at least $404.07 annually will be deposited into my brokerage accounts forever.

Admittedly, it was a bit embarrassing to start off generating such a low amount of income. Only $4.27 was received during the first report. However, I KNEW that income would eventually become significant so I was comfortable sharing. Just over a year later, the dividend business generates a monthly average of $33.67. It’s quite the increase. Furthermore, I am comfortable sharing because the power of compound interest is obvious, and because the RTC Team is the type of team that sticks to a longterm plan.

As you can see from the chart above, which visualizes the growth of all 7 dividend income projections, there was a bit of an uptick since the 6th projection. The team does not expect the same jump to occur over the course of July as the focus is on adding to core positions. Overall, though, the portfolio is still in position to achieve the $650 forward projection target set for 2018. With more than 5 months of the year remaining, an additional $245.93 will need to be added. Although it’s a steep target, the team is confident that the target can still be achieved.