Dividend Update – June 2017
June is officially over and with it, another quarter ending month and half of 2017. Crazy how fast time goes! It has been crazy busy lately around my household so hard to find time for anything, but it’s still nice to take a moment and stop to reflect on last month and its achievements. Quarter ending months are the things DGI investors live for. And they are some of our favorite months to report because they usually entail huge gains and dividend income. So I am pleased to present my June 2017 dividends!
TGT – $26.77
ED – $9.05
O – $2.11
June dividends, add up to $93.03 which represents a 124% increase from last year where I made $41.61. Here are some charts to show comparison and progress but you can see the full dividend income breakdown here.
Though not record breaking, (March 2017 still holds the record), this is still an amazing month and huge increase. I haven’t posted any 100+% increases in a few months. But my portfolio is still in its early stages so it is easier to see bigger growth gains currently. How did I manage to have such a big increase?
First and foremost, the power of dividend increases and compounding. If everything stays constant, at least this will still cause your portfolio to increase and show gains. Secondly, two of these stocks I did not own last June. I initiated a position with TGT back in November and recently added to it on the big dip in January. I also initiated a position with ED in November. These two stocks both played a part in the substantial YoY% gains for this month. Lastly, this is the first month I was able to get paid for my recent buy O. Though it is only a small payment, every little bit helps, and with O’s monthly payments, this should compound nicely for the future and help with more gains.
The year is halfway over, but I am fast approaching my 2016 dividends. I am currently already 73% of last year’s dividend income. Still have a little ways to go but I should easily surpass last year and still on pace for my yearly goals.
2016 Q2 Dividends: $120.11
2017 Q2 Dividends: $194.97
YoY% Gain: 62.3%
I don’t usually keep track of quarter gains but it is just another way of looking at the data. Almost hit the $200 a quarter mark. Should hit this by the end of next quarter hopefully. Would like to see that hit $250 by the end of the year if possible. Just need to keep making quality buys and the gains and income will follow. Looking forward to seeing what the second part of the year will bring. In the meanwhile, enjoying the summer time!
How did your portfolio perform in June? Did anyone break any records or post huge gains? Are you on pace for your goals? Comments are always welcome below.