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My future Payout Machine
#1
I started my dividend portfolio in the summer of 2017. Since then I've received around $50 in dividends, It's not much but I got to start somewhere, right?  Angel

Long term goal: 
- Getting an increasing amount of passive income $$$ each month
- Have the possibility for early retirement

My plan going forward: 
- Adding funds for expanding my portfolio once a month. Looking to invest $300-500 each month both buying new stocks to further diversify my portfolio, and increase in my existing positions
- Reinvest all dividend payouts
- Get the snowball rolling

I've started by taking a small position in the following monthly paying stocks, to keep myself motivated by getting a (for now) small amount of money each month: 
(% = percentage of total portfolio value)
AGNC Investment Corp. (AGNC): ~8% 
Boston Pizza Royalties Income Fund (BPF.UN.CA): ~10% 
Enbridge Income Fund (ENF.CA): ~6%
Gladstone Commercial Corporation (GOOD): ~5%
LTC Properties Inc. (LTC): ~5%
Main Street Capital Corporation (MAIN): ~8%
Northwest Healthcare Prop Reit (NWH.UN.CA): ~7%
Realty Income Corporation (O): ~7%
Pembina Pipeline Corporation (PPL.CA): 7%

I've also got the following quarterly paying stocks:
American Shipping Company (AMSC): ~6%
Chimera Investment Corporation (CIM): ~4%
Marine Harvest Group (MHG): ~7%
Microsoft (MSFT): ~16%
Ocean Yield (OCY): ~10%

As long as my current stocks don't cut their dividends, I'm looking at an estimated of $175/year, $14.50/month, enough to cover my Netflix-subscription and a bottle of Coca Cola each month, not a bad start  Cool

Since I plan to add funds to my portfolio each month, my goal for 2018 is $250 in total dividends payed out in 2018, and increase my yearly estimated dividends to $350. 

Appreciate any comments/suggestions/recommendations!
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Messages In This Thread
My future Payout Machine - by jdiv - 12-14-2017, 02:46 PM
RE: My future Payout Machine - by ChadR - 12-14-2017, 03:22 PM
RE: My future Payout Machine - by jdiv - 12-14-2017, 04:13 PM
RE: My future Payout Machine - by DividendGarden - 01-01-2018, 01:51 PM
RE: My future Payout Machine - by jdiv - 12-15-2017, 02:47 PM
RE: My future Payout Machine - by Kerim - 12-15-2017, 08:36 PM
RE: My future Payout Machine - by jdiv - 12-16-2017, 05:27 AM
RE: My future Payout Machine - by jdiv - 12-30-2017, 08:39 AM
RE: My future Payout Machine - by jdiv - 01-03-2018, 12:00 PM
RE: My future Payout Machine - by MarcN - 01-07-2018, 07:06 PM
RE: My future Payout Machine - by jdiv - 01-08-2018, 01:00 PM
RE: My future Payout Machine - by jdiv - 01-19-2018, 02:39 PM
RE: My future Payout Machine - by EricL - 01-19-2018, 03:09 PM
RE: My future Payout Machine - by jdiv - 02-01-2018, 01:14 PM
RE: My future Payout Machine - by jdiv - 02-20-2018, 03:14 PM
RE: My future Payout Machine - by jdiv - 04-01-2018, 10:12 AM
RE: My future Payout Machine - by crimsonghost747 - 04-01-2018, 11:13 AM
RE: My future Payout Machine - by rayray - 04-01-2018, 09:07 PM
RE: My future Payout Machine - by jdiv - 05-18-2018, 03:28 PM
RE: My future Payout Machine - by ChadR - 05-21-2018, 09:49 AM
RE: My future Payout Machine - by EricL - 05-21-2018, 10:55 AM
RE: My future Payout Machine - by jdiv - 08-31-2018, 12:03 PM
RE: My future Payout Machine - by fenders53 - 08-31-2018, 02:26 PM
RE: My future Payout Machine - by fenders53 - 08-31-2018, 02:27 PM



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