Passive Income September 2018

Thanks to our steadily growing portfolio of stocks, bonds and cash, we’re enjoying the benefits of a regular passive income. Once a month I keep track of our recent earnings. This is our update for September 2018.

Monthly Passive Income
Monthly Passive Income

Last month, we earned 421.43 ($490) in passive income. That is a 36% YoY increase compared to 2017 (last year: €310.75). At the same time, September was also one of our 4 most profitable months in 2018.

Our passive income included the quarterly dividend payments from British-Dutch oil and gas giant Royal Dutch Shell (€229.20), US electric and gas utility company Southern Co (€51.47) and US biotech company Gilead Sciences (€16.98) as well as the interim dividend of Japanese tobacco group Japan Tobacco (€87.03). In addition, my DAX-tracking ETF (€4.80) paid out its dividend in September, too. Furthermore, MoneYou and Hoist Finance increased my cash position thanks to quarterly due day-to-day interest (€31.95).

We were also happy to see that one company increased its dividend. Japan Tobacco raised its DPS from ¥70 to ¥75 (+7.1%).

Passive Income September 2018
Passive Income September 2018

During the first three quarters of 2018, we earned exactly €2,482.13 in passive income (previous month: €2,060.70) or €275.79 per month (previous month: €257.59). Up to now, around 90% of our earnings came from dividends and 10% from interest payments.

Total Passive Income
Total Passive Income

We just made another huge step towards our annual goal, which is to generate an average passive income of €250 per month. However, we don’t expect any dividend or interest payments in October. This will put us a bit behind our goal again.

Target-vs.-Actual Passive Income
Target-vs.-Actual Passive Income

Recent portfolio additions in September 2018

On our way to financial independence we constantly try to improve our income situation. To that end, we pursue a twin-track investment strategy.

At its core stands a broadly diversified ETF portfolio, which we manage through value averaging. In September, no purchase was necessary here.

Our ETF portfolio is complemented by a high-yielding stock portfolio, which we manage according to our own stock screener. However, we also didn’t initiate any new position here in September.

Our passive income for 2018 is now expected to hit €3,168.09 (previous estimate: €3,157.53). That would be an increase of 55% compared to 2017.

How did your passive income develop in August? Please let me know and leave a comment or get in touch with me on Facebook or Twitter!

4 Replies to “Passive Income September 2018”

  1. If at the end of the year, you can say that you earned 55% more than last year. You had a damn good year in my opinion! Love your Shell payout, I can’t wait to get in on this sweetness, I seem to be waiting forever for the price to go down. Nice monthly average of €250 income, you’re way ahead of the game mate! Keep up the good job.

    DI

    1. Thanks for stopping by DI! I appreciate your kind words!

      I hear what you’re saying. Because of Shell’s dividend, I really look forward to every March, June, September and December. It’s just phenomenal to see those huge paychecks coming in quarter after quarter…

      I hope your September was just as good as ours in terms of passive income!

      – David

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