How I made £100,000 in dividends

First-half results from animal feeds processor Carr's Milling have a momentous effect on the Bearbull Income Portfolio. The interim dividend declaration from Carr's, which is the income portfolio's biggest holding, means I know that, for the first half of this year, the portfolio will have almost £4,400 of dividend income to distribute at the end of June. That may sound trivial, but it's enough to carry the portfolio's cumulative distributions past the £100,000 mark. In other words, come the end of June, and almost 14 years since its launch, the portfolio will have paid out in dividends a sum exceeding its £100,000 of start-up capital. Meanwhile, the value of that capital has risen to £231,000.

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