With December in the rear view mirror, it looks like it's time for another dividend income update. According to my accounts, my dividend income for December 2010 was $297. This year my dividend income for the month of December was $369. Thanks to re-invested dividends and my employer contributions, I was able to purchase additional shares to add to my portfolio along with the dividend increases along the way. If only that $369 was $3690, then I could just rollover and go back to sleep instead of dreading my morning commute. It seems like it's so far away, but by maintaining my investment strategy it's something I can easily attain.
Now that the year is over, I always spend some time going over my various spreadsheets and make changes and updates. All my dividend increases are added, and any new shares are added accordingly. I recommend using a spreadsheet program to keep track of your investments. Not only does it make it easier, it's very rewarding to see your past dividend payments and compare them to even larger payments of the present.
How do you keep track of your investments?
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