Monday, June 5. I am receiving my email notifications that our monthly statements have been produced, and are now available online! I always love this time each month, as they always bear the fruit of that which we are doing. What is it that we do? Only one thing… GROW our portfolio dividend income. We have taken charge. We are in control. We make our portfolio dividend income to only go up, quarter-over-quarter, and year-over-year. Nobody else can say this. Nearly everyone else is trying to grow a ‘nest egg’, and that nest egg is continually changing its value every day… some days it is up; and on others, it is down. It drives people mad. And, worse, in retirement, they are told they have to spend it down, and watch it get smaller with each passing withdrawal, that might exceed any further growth that they might be seeking to obtain. What futility!
We, on the other hand, have been being paid by some of the very highest-quality companies on earth to hold their shares. And, they pay us cash… once every 3 months. Better, every year, they give us a beautiful raise, often well into the teens, that causes our income, in retirement, to continually grow… and beats the stuffin’ out of inflation.
Enough about that. you’ve heard me go on and on about this, time and time again… but, have you done anything about it yet? It’s time to go into the statements!
We have 4 accounts, 2 regular taxable, and 2 IRAs. From the four, we have been paid by 6 of our stock holdings, and our money fund interest. The total income generated by all 4 accounts is up 67.52% over the November income from 6 months ago. Better, our portfolio dividend income has risen this past year, since our last May account statements by 167.21%!!!
Now, please, understand… Nancy and I are in our MAX accumulation stage of life… that place where the children are grown and gone, their college is paid for, and, we’ve paid off our mortgage. We’ve no debt left of any kind! In this stage, we’re now socking away all that we can, and add more shares with each low-risk market entry opportunity. The last two of those were in November and April. It is this adding of shares, with accumulating cash, that supercharges our portfolio dividend income growth.
Beyond that, within these past 12 months, we have received dividend increase “pay raises” from all 20 of our safe-dividend growing stocks. UNH from $2 to $2.50. AFG from $1.12 to $1.25. AOS from $.48 to $.56. OZRK from $.62 to $.70. BDX from $2.64 to $2.92. JKHY from $1.12 to $1.24. ROL from $.40 to $.46. UGI from $.95 to $1. ROST from $.54 to $.64. SYK from $1.52 to $1.70. JNJ from $3.20 to $3.36. MA from $.76 to $.88. HRL from $.58 to $.68. CHD from $.71 to $.76. NKE from .64 to $.72. FDS from $2 to $2.24. TJX from $1.04 to $1.25. CVS from $1.70 to $2. USPH from $.68 to $.80. And, CSL from $1.20 to $1.40 a share. The average is double-digit dividend growth in the teens, just by holding the shares! The rest comes from aggressive accumulation of shares, with cash accruing to our accounts by means of the cash dividends received, and the extra cash in checking at the end of each month, that we send in… while leaving enough for our ’emergency fund’ of some 3 months of available cash-on-hand in checking.
We’re well on our way! And, it is our planned intention and hope that we will arrive to right where we want to be upon full retirement… in about another 4 or 5 years; whenever the wife says she’s ready. May God bless it. May God bless you all!
Here’s to your successful investing!
Harold F Crowell