It’s time for my favorite type of post: a tally of the dividends I received in the prior month. Given my strategy of DGI, it is really the dividend payouts that I care about. For each of the companies I invest in, I like to see a steady and growing stream of dividend payouts.
So how did I do in June?
Last month 24 companies sent me a dividend payout, adding up to a total of $295.
Receiving almost $300 a month is great - and I expect to cross the $300 line by September of this year. It’s pretty amazing how fast my dividends have grown. After all, I am only in my third year of investing and we are already talking >$3,000 per year in received dividends.
With these growing monthly dividend payouts, I am now convinced that I can attain my goal of receiving 3,000 in dividend payments this year.
The following table shows the tickers of the companies that made a June 2017 dividend payout to my portfolio. It features the dividend amount I received and any change in payout as compared to the last payout moment.
Ticker | Dividends Received | Dividend per Share Change |
---|---|---|
WFC | $13.30 | |
GWW | $6.40 | |
AMGN | $20.70 | |
ADM | $12.80 | |
UL | $11.48 | 11.31% |
DAL | $10.13 | |
EMR | $24.00 | |
ROK | $7.60 | |
UTX | $6.60 | |
MGA | $13.75 | |
JNJ | $10.08 | 5.00% |
STAG | $5.83 | |
IP | $13.88 | |
VFC | $12.60 | |
ADI | $9.00 | |
QCOM | $28.50 | 7.55% |
BP | $18.00 | |
TROW | $14.25 | |
GILD | $13.00 | |
VTR | $12.40 | |
TRV | $10.80 | |
GLW | $6.20 | |
CLDT | $11.00 | |
CCP | $2.28 |
Three companies - out of the 24 featured in the table above - decided to increase their dividend payouts to me.
Unilever (UL) rebuffed Warren Buffett’s and 3G Capital’s takeover bid - and decided to reward their existing shareholders with a nearly 12% increase.
Johnson & Johnson (JNJ) proved once again to be the reliable dividend powerhouse it is with a very decent 5% dividend increase.
The final company in my portfolio that raised their dividend last month is Qualcomm (QCOM). The company is - once again - battling out copyright issues with Apple. I have no idea how it will play out but will happily collect the 7.55% dividend increase.
Comparing the dividend payout of June 2016 to June 2017 (below) shows an increase from $143 to $295- a YoY growth of 106%.
How was your June and its dividend? Leave a comment/reply to share your thoughts!
Very steady, and almost passed that 300 dollar threshold! Oh, and the 106% increase YoY is just amazing.
Yes, getting really close! I project that by September I will break through the $300 mark, can’t wait.
Great results. I like the chart showing year-over-year gains. It’s impressive. You’re dividend income is increasing quickly.
Thank you! Chart creation and tweaking is part of what makes investing so interesting to me. Later this month I will put up my H1 report, featuring even more charts haha.
Hey TI,
great progress over the years -Congrats! 300$ in dividend income in a single month is a number you can really work with. Add your savings rate and you’re going full steam ahead. – my dividend income for June was 288$, similar range as yours.
Cheers
DividendSolutions
Hi DS!
Thank you - and great that we are both reaching for that $300/month dividend payout! Soon we will be talking $500 🙂