Sunday, July 2, 2017

June 2017 Dividends Received

At the end of the month I always check the totals of all the dividends I received. It is a good way for me to check my progress so that I can compare my current progress with last quarter's or last year's results.

For this month I received $773 in dividends. All funds were invested back into the companies that paid them. $773 is not enough to live off of completely but it is also not a small amount. At this point, I have no problem supporting myself on the dividend alone aside from the bay area's absurd rental prices.

Ticker      Total    Taxable         401k
JNJ $130.46 $125.16 $5.30
HD $86.33 $73.87 $12.46
PEP $83.46 $57.16 $26.30
BDX $56.21 $56.21
KHC $55.80 $55.80
O $52.54 $52.54
D $45.14 $6.04 $39.10
MMM $41.13 $41.13
SO $33.06 $33.06
MCD $30.08 $30.08
NEE $29.48 $29.48
CHD $26.73 $14.82 $11.91
ROST $26.24 $26.24
V $22.48 $16.67 $5.81
TJX $16.88 $16.88
WEC $12.48 $12.48
SJM $9.75 $9.75
Interest $9.09 $9.05 $0.04
WTR $5.93 $5.93
$773.27 $619.81 $153.46

I have recently invested a lot of capital into my portfolio. This has caused my monthly dividends to grow month to month at a nice pace. June is a heavier paying month for me along with July. My light paying months are in the month of 2, 5, 8, and 11. I do not hold many companies in my portfolio that pay on those months. I focus mostly on my quarter dividend moving average. For comparison, last year's June my dividends were $475 and this month is $773. Most of this income growth is attributed to my continuous contributions into dividend paying companies every month.


I track my future dividend for upcoming months using this chart that is available on my Dividend Calendar page. This week, my future dividends in January topped 4 figures for the first time ever. April July and October are close to crossing the $1000 barrier. I believe eventually, given enough time, all of the months in the year will have dividends in excess of 4 figures. And given enough time and letting compounding do its thing, 5 figures per month is also possible.


Happy investing
-YD

7 comments:

  1. Well done, that is fantastic, keep up the good work!

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  2. Great job YD. I hit over $1k this month and it feels great! Think I have a shot at it in July as well...we'll see, but the progress is definitely happening. Keep it up!

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  3. Hey YD,

    congrats to that awesome numbers. Your dividend income is on the fast lane...with four figures every month, FI is not that far away;-). My dividend income in June was 288$.

    Keep it up!

    Cheers,
    DividendSolutions

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  4. Pretty good month for you. Lots of nice dividend payments. Keep that snowball rolling!

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  5. Nice work. I like the idea of comparing quarters vs year over year too. Keep it up your killing it

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  6. Nice work. I like the idea of comparing quarters vs year over year too. Keep it up your killing it

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  7. Very nice report Young Dividend. Soon you'll be consistently crossing 4 digits and the idea that 5 digits is within reach is amazing! I'm still in two digits slowly heading to cross the 3-digit threshold.

    Looking forward to more awesome reports.

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