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Dividend Updates

Dividend Update – June 2017

June 2017 Passive Income Report and Q2 resultsJune 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!

 

Dividends

    COP– $9.01

    CVX– $46.09

    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.

 

June 2017 Dividend Month Total

 

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.

 

June 2017 Dividend Year Total

 

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.

 

Quarter Updates

    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.

 

30 Comments

    1. That would be amazing to hit 1k. My goal this year is at least 800 which I am on pace for. Still have a lot of year left to make buys to up the forward dividends though. Thanks for the comment.

    1. Thanks! I am excited about it. The snowball is starting, just need to keep feeding it. Thanks for stopping by and commenting!

  1. Solid and inspiring results for sure! Congrats in cracking 100%+ year over year gains. It’s always a nice affirmation of your investing strategy. As you mentioned with O, every little bit helps. It’s not always about the size of the dividend as much as seeing the continued progress and growth. Thanks for sharing.
    DivHut recently posted…Dividend Income Update June 2017My Profile

    1. Thanks DH! I can’t complain at all with this progress. It is for sure going in the right direction. Funny you say O, I actually just picked up a few more shares. Have seriously been looking into LTC though, since your last recommendation. Just waiting for a little more free capital and a good price to make an entry. I like what I see, good call.

    1. That sounds like an awesome goal to have. Can’t wait until it picks up to that level. Thanks for your comment!

  2. Well done, it’s getting better & better as each month passes. This time next year you should easily be over $1000 in annual dividends.

    1. That is the goal for next year. Can’t wait until I can surpass the 1k mark! Thanks for stopping by and commenting.

  3. A 3 digit growth rate, awesome! Love seeing those stats. And before you know it, you’ll be crushing that 2016 threshold. Looking forward to see that happen.

    1. I am very happy with these numbers. Slow and steady and keep growing. So close to breaking 2016. Thanks for your comment!

    1. Thanks Dan! Hope I can keep this growth up but it is still early in the game. Will be nice to see 3 digits being hit consistently. As always, thanks for your comment!

  4. Awesome progress. It is always great to break certain marks like getting $100 or more in one month or getting $250 a quarter, etc etc. Right now I am waiting to break $200 in one month and also breaking the $1,000 in a year mark. Like they say, slow and steady wins the race.

    1. That is exactly right. Sounds like your right on track for your goals then. I think that will be next year for me trying to break the 1k mark. Keep up the good work. 1k will come in no time!

    1. If only I could do this every month haha. But that is why we love quarter ending months, like seeing big numbers and gains. Only place to go from here is up. Thanks for the comment.

  5. YoY increase is great! This year is relevant for me to keep track, maybe next year will be boring for me to keep track. I’ll have to think of something.

    But YoY increase is another positive way to see your portfolio is growing. It might secretively make you more competitive and want to increase it every year. That way you can reach FIRE sooner. LOL 🙂

    Cheers!

    1. That is true. I am a little competitive by nature. So wither it be competing with myself or others, it all helps in the long run to want to get better. Keeps you on track for sure. You said it, as long as things are increasing, that is what you want to see.

    1. Haha, I love going to his site. The layout is unique and it’s awesome to have everyone in the community in one place. I am pretty competitive myself so I understand where you are coming from. However, most people are in different stages and may or may not have a lot of free capital so it makes it hard sometimes to compete with the big dogs.

  6. Excellent report Div Daze. Congrats on knocking it out of the park. 124% increase year-to-year is great. I also like the fact that you’re starting to see the dividends coming in from Realty Income. That’s one of my favorite stocks in my portfolio right now, if not the favorite.
    Dividend Portfolio recently posted…SetbacksMy Profile

    1. Thanks! This was a huge month and it is only going to get better from here. I am glad O is finally starting to pay out. I actually picked up a few more shares last week but never posted about it. I want that position bigger to take advantage of the monthly compounding. As always, I appreciate your comment.

    1. Thanks Bert! It was a huge month in terms of growth and dividends. The snowball is rolling and we still have a lot of year left to set new records. Thanks for your comment.

    1. Thanks! I am easily on pace to beat last year. Probably around 70% of the way there already. Still have a lot of year left though with 2 quarter ending months to go. Thanks for stopping by and commenting!

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