I follow a dividend-growth investing strategy. I started investing for the long term in the stocks of companies that not only pay dividends, but consistently increase their dividends from year to year. Almost every single week there is a small deposit in my brokerage account, I transfer more money and buy more shares. I reinvest the dividends and invest new funds I save from my job income. My ultimate goal is to create a sustainable, rising stream of dividend income that will eventually exceed the income from my job and allow me to be financially secure in retirement. I have been working to achieve this goal by building and maintaining a compounding machine that has three key parts: dividend growth, dividend reinvestment, and investment of new funds.
Any spare change or amount that is left over at the end of the month plus any automatic contributions are transferred to my Robinhood account, because it doesn’t charge commissions to buy stocks, I am able to buy shares and add to the pile on a weekly basis.
The final tally for May 2016 in Dividend Income was $18.16