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Milestone Reached – $1,000 a Month in Forward Dividends

March 26, 2018 by All About Interest 11 Comments

That’s right, the next 12 months from now will bring in a minimum of $12,000 in dividend income ($1,000 a month)!  That’s without any raises or new contributions.

My goal was to reach $12,000 in forward dividends this spring.  I broke through the mark earlier this month and am just posting now.

I originally started a dividend growth strategy at the beginning of 2012.  There have been some ups and downs with personal challenges getting in the way but I’m back on track.

I can really feel the compounding working its magic.  I’m increasing my income level at a much faster pace organically without even making contributions due to dividend increases and a constantly growing portfolio.  My snowball is in motion and keeps growing and increasing speed every day!

My goal for the year is to break through the $13,000 level and I’m well on my way with the total at $12,400 currently.

 

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Filed Under: Articles, Milestone

Comments

  1. FiscalVoyage says

    March 26, 2018 at 9:28 pm

    woot!! congrats!! that’s a big milestone. I am super happy for you. That $13k will definitely look like it will be passed
    FiscalVoyage recently posted…Recent Buy: Kimberly-Clark Corp (KMB)My Profile

    Reply
  2. passivecanadianincome says

    March 26, 2018 at 10:14 pm

    woot woot that is awesome! congrats. I cant wait to get there. I see the snowball growing already but at 1000 a month that snowball is alot bigger. Just great, keep it up

    cheers
    rob
    passivecanadianincome recently posted…February 2018 – Solar IncomeMy Profile

    Reply
  3. DivHut says

    March 27, 2018 at 2:34 am

    That’s a great milestone to achieve. Congrats. Getting to $1k/month is also my next long term goal. Still off fo now but hope to get there in a year or two. Nice ring to $1k/month.
    DivHut recently posted…Recent Stock Purchase March 2018My Profile

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  4. Dividend Diplomats says

    March 27, 2018 at 7:39 pm

    AAI –

    WHOA! I think and am hoping I can cross that by the end of the year. You definitely reached that goal quicker than I will have done it. Big congrats, compounding is amazing and that’s a pure force to be reckoned with!

    -Lanny

    Reply
  5. Dividend Diplomats says

    March 27, 2018 at 8:17 pm

    YES!! Congrats AAI. That is an amazing accomplishment. You picture of the snowball sums it all up pretty darn well. Seeing these kind of results are very exciting/motivating for someone like me who still has a long, long way to go to reach this mark. Keep up the great work and keep on pushing yourself to new heights.

    Cheers and congrats again!

    Bert

    Reply
  6. FerdiS says

    March 28, 2018 at 10:39 pm

    Congratulations on reaching $1k per month… great milestone! What’s cool about substantial dividends like that is you can reinvest them, and so grow your portfolio AND dividend income even faster!

    Take care and happy investing!
    FerdiS recently posted…DivGro Pulse: March 2018My Profile

    Reply
  7. Dividend Income Stocks says

    March 29, 2018 at 6:51 pm

    $1K per month from dividends is fantastic! Congrats!

    Reply
  8. Dividens Income Stocks says

    April 2, 2018 at 12:08 pm

    Awesome achievement! The snowball just got bigger and it’s only a beginning. Comgrats!!

    Reply
  9. Jack says

    May 6, 2018 at 10:46 am

    That’s impressive! Nothing like seeing the study stream of growing income!

    I love watching my dividend income strains grow every month.
    Jack recently posted…Shop Like A Boss And Get PaidMy Profile

    Reply
  10. Doug says

    May 9, 2018 at 2:23 pm

    That is a milestone for sure and an impressive one to say the least. I am almost halfway there hopefully within 4 years or sooner.
    Doug recently posted…April 18 Dividend ReportMy Profile

    Reply
  11. Dividend Daze says

    June 13, 2018 at 9:59 am

    Congrats! That is amazing. That is what every dividend investor strives for. A four figure month consistently. I am still working on three digit months myself and will take some time, but hope to see this one day. Even better the growth you are getting just by compounding dividends alone without new contributions. You can just speed it up even more with more quality buys throughout the year. Keep it up!

    Reply

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I'm a 39-year-old dividend growth investor, wanna be real estate mogul, entrepreneur and dad. Follow me on my journey to financial independence!
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