All views expressed here are my own. Please refer to the disclosure for additional information.
There hasn’t been too much happening on the blog lately. The chief editor has been taking some sort of extended break. It’s speculated that an interest in the NBA playoffs is the cause for the extended absence. However, an investigation revealed that there were additional reasons. Nevertheless, the RTC admin team is investigating the situation further and will provide updates as more information is available.
On the other hand, the RTC portfolio manager certainly hasn’t stopped putting in the work.
In fact, the portfolio generated a new record amount of income for one month in April 2018 (A total of $39.71 was received).
What’s more is that the business has now generated 80% more revenue than 2017—it’s only May! A total of $106.63 was received between January to April 2018.
Overall, the goal to earn $425 in dividend income during 2018 is now 25% complete. Slowly but surely this cash flow machine is rising towards $50 per month.
[bctt tweet=”New Record for April 2018 – Dividend Income Update # 11″ username=”reversethecrush”]
Dividend Income Update # 11 – April 2018
Total dividend income paid for April 2018: $39.71
QOQ growth (compared to January 2018): Up 40.52%
Total dividend Income paid in 2018: $106.63 (Up $48.49 | 80.43% increase over 2017)
How many businesses paid dividends in April: 5 (up 1 since last quarter)
Concluding Thoughts & Analysis of the Results
Although the target of $425 is 25% complete, admittedly, it will be challenging to achieve this amount by the end of 2018.
It’s almost without question now that the business will earn at least $500 annually next year. But keep in mind, the target is to earn $425 annually this year, and to have forward projections reach $650 annually by the end of this year. That way the goal to earn $1,000 annually by the end of 2019 will remain intact.
Moreover, it’s going to require a high savings rate, seeking high yields, and the correct timing to ensure that the most amount of dividends possible are received to achieve targets.
Regarding the performance of April 2018, earning $39.71 and achieving a 40.52% growth rate over the previous quarter is the type of progress this business is satisfied with.
Furthermore, it’s an exciting time for the RTC dividend portfolio. June will mark the 1 year anniversary of publishing dividend income numbers online. From there on out, it will be possible to include year over year growth rates.
In conclusion, the portfolio manager has locked into a “zero dark thirty” mode state. In turn, an aggressive strategy built around acquiring high yields while continuing to steadily build core positions has been working well. That being the case, this predictable, efficient income growing strategy is planned to be continued.
Forward Dividend Income Projection #5 | $24.79 Added in April 2018
