• $56.70 was received in March 2019. This is a new all-time record!
• 104% YOY growth was achieved compared to March 2018.
• $131.70 has been earned YTD.
• This is RTC’s 22nd dividend income update on the way to financial independence through investing.

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I am extremely excited to report that a new RTC dividend income record was achieved!

The dividend business generated $56.70 during the month of March. This represents a 104% YoY increase compared to March 2018.

In addition, it is $2.60 more than the previous high reached in October 2018.

Related Post: Dividend Income Update for March 2018 – DIU # 10

Key Numbers | RTC Dividend Income Update # 22 | March 2019

Dividend income earned in March 2019: $56.70

Therefore, the total 2019 Year to date dividend income is now: $131.70

Total dividend income in March 2018: $27.71

YoY growth compared to March 2018: 103.96% increase (Up $28.99)

How many stocks paid dividends in March 2019: 5 (Up 1 since last year)

Besides that, the portfolio’s pace is picking up in 2019: $65.16 more has been earned compared to last year by the same point.

RTC Dividend Income Commentary

The biggest accomplishment this month was the record income achieved.

Most importantly, dividend income now provides a substantial cashflow for investing on top of monthly savings. $56.70 is not meaningless!

Furthermore, there is now a 3 month sample size to look to for insight on what 2019 will look like.

Based on the first 3 months of 2019, dividend income is on pace to double.

But next month is when the real challenge begins…

Because I’d have to earn at least $80 to maintain the same pace since $39.71 was received in April 2018.

$538.30 left to achieve the $670 Target

In total, $538.30 more must be earned to achieve the goal to earn $670 in 2019.

With 9 more reports to go this year, I will need to average $59.81 per month.

But as I mentioned last month, it is more likely that a few higher income months near the end of the year will put income over the top.

Concluding Thoughts

The RTC portfolio posted its highest month ever for dividend income.

In summary, $56.70 was received which was $2.60 more than what was earned in October 2018.

Because the pace of growth over the past 2 years is measurable, and based on income already at $65.16 more than last year by the same point, it’s becoming easier to assume how much income the portfolio will generate by the end of 2019.

Frankly, $100 in a single month is not out of reach.

Thanks for reading!

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I am not a licensed investment or tax adviser. All opinions are my own. This post contains advertisements by Google Adsense and the books shown below are Amazon affiliate links. Otherwise, all links in this post are internal links and links to RTC social media accounts.

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