Can you hear that? That’s the sound of me jumping up and down with excitement. Because, I get to write about dividend income, again! Cheesy as it sounds, that makes me smile. I still get a little thrill of excitement when I log into my ISA and see that I have received another dividend payment, no matter how small it is. Just for owning a tiny part of a company and investing in them, believing in their ideals means we get paid dividends, and hopefully for many years to come!


With the individual holdings I currently own in my stocks and shares ISA, I will get 74 mini pay checks a year. For doing nothing! Instead of the one monthly payment I receive for my day job, I’m getting over seventy instead. Seventy! That’s more than one a week ? Adding a slow but steady income stream by investing in dividend payments has been one of the best decisions I have made so far. One day, these little payments might be enough to pay our council tax, or our water rates. Perhaps they’ll even be high enough to be a mortgage payment! Who knows 🙂


The dividend income received in April is a combination of dividends from shares and payments or from funds. There are always going to be swings in terms of how much income is produced by dividends, just because different holdings pay out at different times. The majority of mine seem to pay out within the first six months of the year. In April 2016 I received zero dividend income. What a difference a year makes! My stocks and shares ISA is with Hargreaves Lansdown, which is very easy to use and I’d definitely recommend them. You can get information about that here or even open an ISA in about 5 minutes.


As part of our long term plans for early retirement, we need enough money in savings and/or income to make sure we can live on a budget long term. I am now counting on the small income stream that will come from dividend payments. The sooner we can get different income streams up and running, the sooner we’ll hit our aims! Eventually, this whole investing malarky will start to pick up momentum. That’s when the excitement kicks in 🙂


Dividends received in April:

GlaxoSmithKline – £23.00

HL Multi-Manager High Income – £0.38

Premier Monthly Income – £0.72

Standard Life Inv UK Real Estate – £0.50

Total: £24.60


Not too bad! Like I said, in April last year, I received zero. Look at the difference one year makes. In terms of paying bills, this amount would cover one of our mobile phone bills. Though not an necessity, it is an essential one in our budget 😉 that’s quite exciting to say!


As I wrote about the effect of the magic snowball, mine is beginning to gain a tiny spec of momentum. It all starts somewhere. I believe that continuing to live a frugal lifestyle and save as we go along will see us right in the end. I hope this is inspiring someone else to begin their frugal journey. If we can do it, anyone can! We are not depriving ourselves of anything, just making purposeful choices and it’s beginning to pay off.


My dividend income aim for 2017 is £300 received. At the end of April, I have made a great start! I am up to £108.25 a third of the year through. I’m slightly ahead of my target at the moment, so I’m happy with that! Although there are some months throughout the year where there is little paid, the overall trend will still be upwards. I can’t wait ?


Have you received any dividends this month? Thanks for reading! 


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