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Dividend Updates

Dividend Update – July 2017

July 2017 Passive Income Report

Seems it was only a week or so ago when I posted my dividend income from June. It has already been a whole month since then. Can’t believe how fast this year is going by. Need to enjoy the nice weather more while it is still around. Nothing really anything exciting happened this month, but from a dividend perspective, there are some outstanding growth percentages. Let’s dive into the numbers!

 

Dividends

CSCO– $6.46

GE– $9.00

CINF – $6.63

KO – $12.90

CAH – $5.09

O – $2.12

 

July dividends, add up to $42.20 which represents a 93.6% increase from last year where I made $21.80. Here are some charts to show comparison and progress but you can see the full dividend income breakdown here.

 

July 2017 Dividend Month Total

 

This was a great month as far as growth in concerned, even though the number isn’t super high yet. Still building up the portfolio. I was shooting for a $50 month, but I came very close. What factors played in the increase?

 

Dividend growth and compounding is always the first reason this keeps growing! As long as everything stays constant and no dividend cuts that is. Next, I did not own two of these stocks last year. I initiated a position with CAH earlier this year. This is actually the first month it has paid out for me so I am excited about that. Lastly, I picked up some O stock a few months ago as well. It is not a huge position but at least it compounds monthly. This is only the second month it has paid out so far.

 

Below is a quick glance at the yearly breakdown. As you can see, I am only $100 off of my total dividend income from last year. I should be able to break this within the next two months. Then I will have one quarter left to really push for my goal of $800 at the end of the year. I am very happy with this month and my progress. Still have plenty of year left to make some more gains toward my goals.

 

July 2017 Dividend Year Total

 

 

How did your portfolio perform in July? Did anyone else get any huge growth numbers? Have you beaten last year’s income yet? Comments are always welcome below.

 

53 Comments

    1. The goal is $50 on off months and $100 on quarter ending months. By next year I feel pretty confident that I can hit those goals on a consistent basis.

    1. Exactly. September I should easily be able to surpass 2016. Still gives a little time left after that as well to make new records. Just wish I had some more capital to speed up the process. Thanks for your comment!

    1. I know, isn’t it great? haha. It is work though from a research perspective and trying to figure out valuations and what stocks to buy. I spend a lot of time doing that, but I enjoy it so it is fine. Thanks for dropping by!

  1. Almost doubling the returns, great growth numbers! I hope to beat last years numbers somewhere within the coming 2 months as well! Looking forward to seeing you reach that point 🙂

    1. Glad you are so close to beating last years as well. Few months left over is when we really make our end of the year strides. Good luck on surpassing last year and setting a new dividend record!

    1. That is the plan! Hoping to make a few more buys by the end of the year to give me that last push I need. As always, thanks for the comment!

  2. Great report and great YOY increase! 93.6% is a great accomplishment.

    I’m still waiting to get the exact numbers for July because part of my portfolio is in an employer stock sharing plan with fractional shares. It won’t be huge dividend income numbers for July, but I’m expecting it to be more than what June generated. Since my portfolio is smaller than it used to be now, I probably won’t have my first YOY increase until September. Also, I unfortunately will not beat last years income this year. However, I am adding to my portfolio as fast as possible and will soon start seeing some amazing results closer to your numbers. Thanks for sharing and keep it up!
    Graham @ Reverse the Crush recently posted…Reverse Engineering to FI | Monthly GoalsMy Profile

    1. At least you are making proactive movies in your portfolio, setting it up for success in the future. Even if the numbers aren’t huge, have to start somewhere. Funny your July is expected to be better than June. Usually July is an off month for many. Keep growing that portfolio, looking forward to seeing your progress. Thanks for stopping by and commenting. Hope to see you around the site more often.

    1. July is usually a slow month for many so don’t worry about it. Have to start somewhere. Just means your YoY% increase next year will be huge! It is for sure moving in the right direction. Keep it up! As always, thanks for your comment.

    1. I saw that CAH dip yesterday. 7% is huge and I could have easily lowered my cost basis. Unfortunately, I have a tuition payment and vacation coming up this month so I am completely strapped for cash. Temporary buying freeze to make sure I can pay for those first and build up a little more capital. Killing me not making any buys when I see opportunities like that. Did you take advantage of the dip at all?

  3. You have the right attitude.

    Do not be discouraged by the total dollar amount. The percentages are what’s important and you’re doing great in that department.

    Doubling income YoY is a great accomplishment

  4. Your dividend income is growing and that’s what matters the most. Keep up the good work.

    First month of a quarter is my slowest with regards to dividend income but then it catches up by the 2nd month. I would say majority of my stocks pay dividend during the last month of the quarter.

    1. Yeah you are right on that. It is an off month and tends to be a little slower. We still have two quarter ending months ahead of us this year so that will be exciting to see some nice gains and dividend income. Thanks for stopping by and commenting!

    1. Thanks Bert! I wouldn’t be opposed to trading my growth rate for your dollar amount this month haha. I do like seeing such big YoY% gains. Would love to keep this trend continuing. I appreciate your comment!

    1. I can’t wait to surpass last years dividend income. That will be a nice feeling. I should easily break that by the next quarter ending month. Guess we will just have to wait and see. Thanks for stopping by!

  5. Hi DD,

    Congrats on that YOY increase of 93%! – that’s awesome. If you run at this pace you’ll reach 3 and 4 figures a month fast…
    The companies which paid you this month are familiar names and rock solid. Realty Income and Cisco are both holdings in my portfolio and I would like to add Coca Cola some time.

    Good job, keep it up.

    Best Regards,
    DividendSolutions

    1. Thanks DS. Glad you appreciate the names in the portfolio so far. Hope to add a few more soon. I wish I could keep this growth pace up. Easier to see high growth with small numbers but it is growth none the less. Just have to get the snowball started and the compounding will do the rest.

    1. That is a nice net worth increase in one month. I like seeing the stock market go up, but I wouldn’t mind a small correction to make some more buys. At least there is still a lot of value in this market currently.

    1. Haha, no complaints here. Easier to have higher growth percentages when the dividend amounts are so small. Need to take advantage of it while I can right?

    1. Always nice to see others sharing a position in quality companies. Hope to add to this list over time as well. Your right, just need to keep the savings rate up and reinvest so the snowball gets bigger. Thanks for commenting!

    1. Yeah you are right. Especially the graph comparing years. The only difference is you are working with numbers that are much higher haha. Glad to see great progress is being made all around!

  6. wow! it’s only July and you’ve almost surpass last year’s income. This type of growth is admirable.

    My dividend income suffer substantially after I sold stock to buy a commercial rental property. But maybe this time next year, I’ll have a good amount. LOL 🙂

    1. Haha funny Vivianne. Your dividend income may have suffered, but your more than made up for it with your properties. Your income from those is outstanding. But that is the best thing about diversification, you can collect on both which is probably a smart thing to do. Thanks for your comment!

    1. That is the plan. Building up that dividend snowball and taking advantage of the compounding. Thanks for stopping by and commenting.

    1. You are right. Actually completely forgot about 2015. I’ll take note of that going forward, thank you. By the end of the quarter I should be able to surpass last year. Can’t wait!

    1. Yeah, I don’t recall seeing you around too much. But thanks for stopping by and commenting. Glad you are excited about coming back to the community. I look forward to checking out your future updates as well then!

    1. I appreciate the support! Still have 2 quarter ending months left which should be pretty big. And I picked up 2 new monthly dividend payers which should help with the compounding and monthly growth totals. Thanks for stopping by and commenting!

    1. If possible, I like to throw a lot of capital at my portfolio toward the end of the year. That way, I see the benefits throughout the whole next year. Small or large, a gain is a positive measure. My hope is by the next quarter ending month, I should have beaten 2016 results. Thanks for stopping by and commenting!

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