Dividend Update: July 2018

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 July?

Last month 13 companies sent me a dividend payout, adding up to a total of $333.

With that, July is another month yielding dividends north of the $300 mark. Reaching new heights indeed, and really putting the growth in dividend growth investing.

The following table shows the tickers of the companies that made a July 2018 dividend payout to my portfolio. The table features the dividend amount I received and any change in payout as compared to the last pay-out moment.

Ticker Dividends Received Dividend per Share Change
HBAN $8.80
KMB $50.00
HASI $16.50
VTR $12.64
EQR $10.80
WPC $71.40 0.49%
STAG $5.92
LHO $15.75 -50.00%
CAH $38.10 3.01%
CSCO $33.00
DIS $33.60
CLDT $11.00
BNS $25.10 -1.45%
TOTAL 332.61

 

The fact that 13 companies sent me dividend checks is great in and of itself, but unfortunately there are not a lot of raises to report this month.

Just two minor raises were provided by WP Carey and Cardinal Health (a company I purchased more shares of back in June).

The dividend decrease by Bank of Nova Scotia is not actually a reduction in pay-out; since the company pays in Canadian dollars, the exchange rate is to blame here.

Finally - the 50% reduction for Lasalle Hotel Properties comes at a time when the company is the subject of a rather nasty takeover battle. With my cost basis at $24 - no matter who will win  the tussle - I am set to make at least some decent capital gains here.

Comparing the dividend payout of July 2017 to July 2018 shows an increase of $229 to $333- a Year-on-Year (YoY) growth of 45%.

This YoY growth is featured in the table below.

How was your July and its dividend?  Leave a comment/reply to share your thoughts!

Author: Tall Investing

www.tallinvesting.com

10 thoughts on “Dividend Update: July 2018”

  1. That is one good-looking monthly dividend chart, TI. Love seeing increases every month of every year. Keep it up!
    I had a good month with respect to dividend raises… they did major work for me in July with almost $100 in new forward dividend income.
    I share WPC and CAH with you this month. Your WPC dividend is quite impressive!

    1. ED,
      Thanks for your comment. Which stocks/positions gave you such a massive raise?

      WPC has been a great investment so far (started buying back in 2015). Actually hoping to some day turn that 70 share position into a nice and round 100 one 🙂

      Take care!

  2. Congratulations with your progress. $333 is an impressive number. I like the diversification of your portfolio. My priority for the upcoming year is to add new stocks at a low/reasonable valuation to spread my risk. By the way, I’m a bit jealous, your CSCO and DIS position look awesome!
    Good luck with month 08 👍

    1. Thank you Dividendcompouder! We share the same priority. My CSCO and DIS positions are both the result of adding on dips… and there will always be dips 🙂

      Good luck to you as well… and month 09 will be even better!

  3. TI -

    I’ve been eyeing CAH for some time, looking to make a move sooner than later. Also - I feel you on the exchange rate, I look at it about once per quarter and update accordingly. Sometimes it’s good and sometimes it’s not. As long as they keep increasing their dividend, at least.

    -Lanny

    1. Lanny,

      CAH looks definitely attractive at this point. I added a couple of times over the years, and I am still down about 25% versus my cost basis. With 80 shares I probably have enough, but if it stays down like this I might add another 20.

      Congrats on your continued great results!

  4. Nice work TI! July is usually a slow month for dividend investors so it’s even more impressive that you kept it over $300. I share DIS and CSCO with you. Do you mind me asking what program you used to create your (very cool) table?

    1. Thanks Dividendfireman!

      I track all my investments in Google Sheets, and making graphs is actually pretty easy with that. Happy to tell you more if you’d like - just drop me an email through my contact page 🙂

      Happy weekend

  5. Solid beat yet again! Steady progress is being made here. Unfortunately not every month can be full of increases. If you blink twice with your eyes we will be in 2019 and we will have to report 10 increases every month again, don’t worry!

    DI

    1. Dutchindependence, thanks. Not too worried about the lack of dividend growth in July, as new increases already start pouring in this August. And then of course there’s September, which is starting to look like my best dividend month ever.

      Cheers!

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