In December, my portfolio's projected annual dividend income saw a notable increase, rising by $86.77 to reach a total of $6,289.66. This 1.4% growth was significantly boosted by dividend reinvestments and increases, predominantly from companies like Broadcom (AVGO) and EPR Properties (EPRT), which together accounted for nearly 83% of the new forward income generated during the month.
My investment approach is carefully structured to balance immediate income generation with long-term capital appreciation. It involves a blend of high-growth companies, including industry leaders such as Broadcom, Microsoft, and Visa, alongside high-yield instruments like SPYI and MPLX. The core idea is to utilize the steady cash flow from high-yield positions as a financial 'ATM' to fund monthly investments exceeding $1,000 into both established and emerging growth stocks, thereby continuously enhancing the portfolio's potential.
Reflecting on the past few years, personal milestones such as a cross-country relocation, a new professional role, and a home purchase temporarily slowed detailed updates. However, I am now committed to regularly sharing insights into my dividend growth journey. This commitment is underpinned by a belief in transparency and a desire to document the strategic evolution of my portfolio, demonstrating how a disciplined blend of growth and income-focused investments can lead to sustained financial progress and stability.
A well-managed investment portfolio, characterized by strategic diversification and consistent reinvestment, lays a solid foundation for financial independence. The journey towards achieving robust dividend income is a testament to perseverance and informed decision-making, showcasing how incremental gains accumulate over time to build substantial wealth and provide a reliable income stream for the future.