- RTC Posts Record Revenue!
- $63.93 was received in April 2019.
- 61% YoY growth was achieved compared to April 2018.
- $195.63 has been earned YTD (January to April 2019).
- This is RTC’s 23rd dividend income update on the way to financial independence through investing.
For the 2nd month in a row now, the RTC portfolio pulled in a new record revenue.
$63.93 was earned in total during the month of April 2019. This surpassed the previous record in 1 month by $7.23, and it exceeded total income earned in April 2018 by $24.22.
The RTC dividend portfolio has now earned $195.63 year to date, which is exactly $89 more than January to April 2018. The portfolio generated a total of $106.63, respectively, in the same time frame last year.
Key Numbers | RTC Posts Record Revenue | Dividend Income Update # 23 | April 2019
RTC Posts Record Revenue
Dividend income earned in April 2019: $63.93
Therefore, the total 2019 Year to date dividend income is now: $195.63
Total dividend income in April 2018: $39.71
YoY growth compared to April 2018: 61% increase (Up $24.22)
How many stocks paid dividends in April 2019: 4 (Down 1 since last year)
Besides that, the portfolio’s pace is picking up in 2019: $89 more has been earned compared to last year by the same point.
$474.37 left to achieve the $670 Target
In order to achieve the goal to earn at least $670 this year, I’ll still need to pull in another $474.37.
As such, I will need to earn approximately $60 per month for the remaining 8 months of the year.
Based on the most recent projections, the portfolio now generates $634.34 over a 12 month span. In fact, it’s already more than that because a portion of this month’s dividend income was reinvested into more shares through a DRIP. Another $2.72 annually was added to be exact.
If I can push the forward projections past $670 by the end of June 2019, I should be in a good position to achieve this target.
Concluding Thoughts | RTC Posts Record Revenue
One of the main reasons I believe it’s important to build wealth slowly is because you’re prepared for it.
When I began this DGI strategy 2 years ago, I only received $4.27 my first month.
To think I’ve come all the way from there to earning $63.93 in 1 month is pretty cool.
But you know what? It doesn’t feel like a lot yet. In truth, I’m just as hungry as I was at the start of this journey. Probably more, because I’m not anywhere close to FI yet, but now I have such a specific plan.
On the bright side, I’m beginning to earn significant cash flow relative to my savings. Of course, every single penny will be reinvested.
The combination of saving money and earning dividend income to boost my ability to acquire assets is key to my long term strategy. It’s nice to see that it’s starting to pay off.
I am not a licensed investment or tax adviser. All opinions are my own. This post contains advertisements by Google Adsense. Otherwise, all links in this post are internal links and links to RTC social media accounts.
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Dividend Income Projection 17 | May 2019 | $634.34
