September 2024 Dividend Income

As I'm writing this blog post, it's Friday, October 4th. The high temperature is going to reach into the upper 60 degrees Fahrenheit range later today. Unsurprisingly, I'm planning on getting outside for a while today to enjoy what's left of the ideal weather.

Now that September is over, I'm going to be taking a moment today to review my net dividend income for the month. Without further ado, let's dig into it.

Dividend Income Approached $550 For The Month

In September 2024, I collected $543.81 in net dividends (including ADR fees for BP and withholdings on BAM dividends). Against the $520.75 in net dividends received in June 2024, this is equivalent to a 4.4% quarterly growth rate.

Compared to the $434.85 in net dividends collected in September 2023, that equates to a 25.1% year-over-year growth rate.

My net dividends received in my Charles Schwab portfolio were $364.41 from 48 companies. This was marginally lower because of my sale of Dominion Energy (D) in July 2024 and partially offset by my purchase of Meta Platforms (META) during the month.

In my retirement account sponsored by my former employer, I collected $87.11 in net dividends from my Capital Income Builder (CAIBX) holding. This increased slightly because of a higher share count from dividend reinvestment.

My net dividends received from my Fidelity portfolio was $74.80 from 13 companies. Dividend stock purchases in June 2024, July, and August 2024 accounted for this uptick in net dividends.

In my Webull account, I collected $17.49 in net dividends from six companies. Payout raises contributed to a modest increase in net dividends.

Concluding Thoughts:

As I indicated in my June 2024 Dividend Income blog post, my capital deployment in recent months is putting me on a realistic path to receive at least $600 in net dividends for December 2024.

Discussion:

How was your net dividend income for September 2024?

Did you collect any first-time dividends during the month as I did with META?

I appreciate your readership and welcome your comments below!