Project: Dividend Stocks for Teenager October Dividends update

I wrote how we started Dividend Stocks portfolio for my daughter and keep track of our progress here.

We didn't purchase any new stocks this month. I actually probably need to talk to my daughter and see if she wants to purchase another stock at this moment. 

LHO was the only stock, which paid dividends this month $19.81

Here is dividends month by month:

2015janfebmaraprmayjunejulyaugsepoctnovdec
n/an/an/an/an/an/an/an/a49.8118.728.9150.27
Total147.69
janfebmaraprmayjunejulyaugsepoctnovdec
201618.7341.0352.3519.1142.4753.8819.4643.0369.2419.81
Total379.11

We are about to reach $400 next month in total and we should be very close to $500 by the end of the year, which is awesome passive income for 19 y.o. We automatically reinvest all her dividends.

She got another small scholarship from School of Business, so it means less stocks to sell from her portfolio. Our goal for her is to receive a Bachelor Degree without any loans. So far I am using 529 account to pay all differences after scholarships and FAFSA. 

Thanks for reading and please share your thoughts.





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