Companies prepare an income summary and an income statement at the end of an accounting period. While an income summary is a clearing account used to close income-statement accounts at the end of a ...

In May, we earned $5,140.66 in dividend income. That is a 19% dividend increase compared to last year. The catalysts for the large growth in fund payments are our consistent dividend payments into ...

Portfolio income is money received from investments like dividends, interest, and capital gains. It generally receives favorable tax treatment, as it is taxed at lower rates than earned income. Unlike ...