Dividend Income Report Q2
Well, guys, a little late but here is my Dividend Income Report for Q2 2020. Already over half of the year has gone, and what a year it has been.
Here is my breakdown of the dividends I have received thus far in 2020.
- January – £0.81
- February – £4.35
- March – £14.68
- April – £49.59
- May – £23.27
- June – £43.66
Total Dividends for the first two quarters of 2020 comes out at £136.36.
I am really excited to see where I will be by January 2020, it should be a decent jump up for sure. Onwards and upwards as they say.
Total Passive Income 2020
Those dividends are nice but its all about multiple streams of income right?!
So here is a breakdown of my total passive income for the first two quarters of 2020, dividends included.
- January – £3.05
- February – £38.94
- March – £167.71
- April – £144.09
- May – £138.59
- June – £226.72
As you can see my total passive income is a decent amount higher and much higher than I thought possible at the start of the year. Total passive income up to the end of June was £719.10
Much of this extra income can be attributed to people using my Trading 212 Link To Get A Free Share and I can not thank you enough.
I am so grateful and blown away by this amount. Long may it continue to grow. After seeing pretty explosive growth in the early months it was certainly eye opening to know what’s possible.
Whilst I expect the growth to slow down for now, I believe with time and effort the results will be mind blowing.
Every penny is currently being reinvesting into Trading 212 ISA. Ensuring every penny is put back into the ISA means compounding will start to happen faster.
Total Portfolio Value
As of Today here is how my total portfolio is looking. Total Portfolio value includes Trading 212 ISA and Invest accounts, Vanguard ISA (will be moved over to Trading 212 once it is profit) currently sitting at £12,582.
Already I am at a smidge over 4% of my target portfolio size of £300,000.
Hopefully I can break 5% by the end of the year.
Predicted yearly dividend income from my portfolio is at £443.74 or a 3.58% weighted yield on the portfolio. It is hard to say but I think I should break the £500 a year mark by the end of this year.
Slow and steady wins the race.
Currently, only HSBC (18.47 shares or £65) along with Amazon (0.09133 or £218) are not paying me dividends.
Amazon is being excluded from the weighted yield calculation as they do not pay a dividend anyway. HSBC is included but has currently cut their dividend.
I shall be posting dividend and passive income reports at least on a quarterly basis maybe more. Inspiring just one person is the aim of the game here.
Seriously if I can do it, so can you.
Trading 212 Free Share
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None of the above should be used as financial advice, I am not a professional. Always do your own research.