by: Matt – The Home & pocket Team
Yearly Highlights
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- I started the year with 53 individual dividend stocks.
- I ended the year with 49 individual dividend stocks. I sold all my positions of Franklin Resources (BEN). I also sold Genuine Parts (GPC), Johnson Controls (JCI), and The Wendy’s Company (WEN).
- I typically don’t sell stocks very often. However, I needed the money to buy another house. Those four were already on my list to reduce or sell anyways.
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- In total, I received 194 individual dividend payments from those 53 companies TOTALING $2,062.78.
- This number is down $169.39 from 2023 from which I earned $2,232.17.
- My highest grossing dividend was At&T with $111.00 in total dividend payments averaging $27.75 a quarter.
- my lowest grossing dividend was Apple at $3.40, averaging $0.34 a quarter.
- I always find different ways to track my dividends to show the value of passive income
- Above breaks down my yearly dividends by quarterly, monthly, daily, and hourly averages.
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- The work hour is based on an 8-hour work day.
- This tool helps me in two ways:
- 1. I can view my dividends as actual pay per hour. It feels like a real job.
- 2. It serves as a source of motivation. It encourages me to continue to save and invest more. This effort will allow me to one day live off passive income!
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My 2025 Dividend Goals are ambitious for several reasons:
I withdrew funds from my account for the first time since its inception in 2012 (ish). I used the funds for a second home, which is now a rental property.
This property makes almost 4x my dividend portfolio. Yet, I still want to get back on my original dividend investing track.
Goals for 2025 include the following:
- Re-commit to a min of $500 monthly deposit. (Auto draft so i don’t get lazy)
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- Purchase initial positions in 5 new stocks. The companies are The Hershey Company (HSY), NextEra Energy (NEE), Restaurant Brands International (QSR), Shell (SHEL), and Chevron Corporation (CVX).
- Begin to add shares to all Stocks under $1,000 market cap to ensure a balanced portfolio.
As you can see below, I have been on a steady glide upwards towards my goal of $3,500 a year by 2030. 2024 was a slight step BACKWARD and I will now have to make up the difference.
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I will re-evaluate my glide path and update my goals for 2025 and 2026 appropriately.
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