TORONTO, October 1, 2019 – RTC (REVERSE THE CRUSH or www.reversethecrush.com) announced today its dividend income results for the month of September that ended on September 30, 2019. This is Dividend income update 28.
September 2019 Highlights
- $78.83 was received in September 2019. This is a new record for 1 month!
- 103% year over year growth compared to September 2018.
- $411.79 has been earned YTD (January to September 2019). Increase of $21.60 over total 2018 revenue.
- Dividend income is up 5.54% over last years total income.
- This is dividend income update 28.
Hey, Investors.
Thanks for taking the time to review my passive income 2019 reports. They have consisted of dividend income updates, forward dividend income projections, and I even mentioned blog income in a recent savings report.
As for this passive income 2019 report, it happens to be the 28th dividend income update, and this particular update happens to be a record month.
Dividend income totalled $78.83 in September 2019. This is a new record in 1 month! $63.93 in April 2019 was the previous record. $411.79 has been received year to date, which represents a 5.54% increase over last year.
3 more months remain to increase year over year growth.
Passive Income 2019 – Key Numbers| YoY Earnings | Dividend Income Update # 28 | September 2019
Dividend income earned in September 2019: $78.83
Total 2019 Year to date dividend income is now: $411.79
Dividend Income is up 5.54% compared to last year’s total income
Total dividend income in September 2018: $38.79
YoY earnings increase compared to September 2018: 103.22% (Up $40.04)
How many stocks paid dividends in September 2019: 5 (Down 2 since last year)
Besides that, the portfolio’s pace is picking up in 2019: $151.71 more has been earned compared to last year by the same point.
Passive Income 2019 – Dividend Income Earnings Breakdown
(ENB) 70 shares of Enbridge: $51.66
(SU) 22 Shares of Suncor Energy: $9.24
(SRV.UN) 65 Shares of Sir Royalty Income Fund: $6.83
(FTS) 14 shares of Fortis Inc: $6.30
(REI.UN) 40 Units of Riocan REIT: $4.80
Total: $78.83
$411.79 YTD | Up 5.54% over 2018
$411.79 has been received from dividend growth investing so far in passive income 2019. That’s already 5.54% higher than last year with 3 months to go.
Of course, my original goal was to earn $670 this year. But that goal changed when I accepted a part-time job.
Fortunately, 70 shares of ENB added $51.66 to my passive income 2019 total in September. This kept the target within reach.
As of now, I am expecting to earn between $500 to $600 by the end of the year.
Passive Income 2019 – Concluding Thoughts
In summary, I received $78.83 in dividend income during the month of September 2019. This represents an 103% increase over September 2018.
Moreover, total dividend income surpassed last year’s total of $390.19 by $21.60. Total income from dividend investing is $411.79 YTD, which represents a 5.54% increase.
Although it’s not the 4 digit cash flow machine I would like it to be, yet, it’s nice to know that dividend income is still increasing rapidly (at a 100% plus Y0Y rate), and that I’m earning enough to contribute to savings now. Dividend income made a significant impact to savings last month.
Frankly, the RTC team is very happy with the results. As long as dividend income continues to increase, they are in full support of this part-time lifestyle.
Questions: How was your dividend income in September? Do you own any of the same companies?
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, affiliate links, and links to RTC social media accounts.
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