Dividend Income Summary: Lanny's January 2022 Summary

Summary

In January, we (my wife and I) received a solid total of $1,123.76 of dividend income.

Overall, dividend income is up approximately 16%.

4 more dividend increases during January 2022! Quite honestly, this month started off a strong dividend investing year, as I believe 2022 will be extremely beneficial to be a dividend investor.

KanawatTH/iStock via Getty Images This is what dividend investing is all about! Investing in dividend stocks allows YOU to earn dividend income, the best passive income stream! Bias, you better believe it.

Time to dive into Lanny’s January 2022 dividend income results! Were records set? Almost to financial freedom? One day and one month at a time! Dividend Income

Dividend Income is the fruit from the labor of investing your money in the stock market. Further, Dividend Income is my primary vehicle on the road to Financial Freedom, which you can see through my Dividend Portfolio .

How do I research & screen for dividend stocks prior to making a purchase? I use our Dividend Diplomat Stock Screener and trade on Ally’s investment platform (one of our Financial Freedom Products) – commission free.I also automatically invest and max out, pre-tax, my 401(k) through work and my Health Savings Account. This allows me to save a TON of money on taxes (aka thousands), which allows me to invest even more. In addition, all dividends I receive are automatically being reinvested back into the company that paid the dividend. This takes the emotion out of timing the market.Growing your dividend income takes time and consistency. Investing as often, and early, as you can allows compound interest (aka dividends) to work its magic.I have gone from making $2.70 in a single month in dividend income to well over… $10,000+ in a single month. A NEW dividend income record was […]

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