Dividend income, it’s amazing! Seriously, as I progress further and further in my financial independence journey I become increasinly convinced that dividend income is what keeps me on course. Monthly savings differ and stock prices love irrational ups and downs, but dividends from established businesses are something you can count on – month after month. They’ve kept my eye on the ball in the past two years.
The second quarter of 2016 is officially over and that can mean only one thing – it’s time for a quarterly net worth update! When I first started blogging I published all net worth changes on a monthly basis, but not too long ago I switched to a three-monthly update.
May is undeniably the preferred month for European dividend growth investors. With most European companies paying a dividend just once in the year, May feels like Christmas during spring time. Our income charts see a strong spike upwards and so does our investor’s spirit.
Yep, the road pictured above is actually part of my daily commute to work. It’s a beautiful stretch of green next to a relatively large lake in the car-free park of Tervuren, which also houses the Royal Museum for Central Africa. Now can you understand why I ride 32km to and from work every day? And that’s not even the best part: I’m getting paid to do so!
A couple of days ago I wrote that the value of my dividend growth portfolio isn’t all that important on the road to financial independence because I’m focussed on building passive income rather than capital. So why don’t we take a look at that income? More specifically, let’s see what March and April brought in terms of dividends?
