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 10 companies sent me a dividend payout, adding up to a total of $229.
Receiving - on average - 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.
The following table shows the tickers of the companies that made a July 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.
Three companies - out of the 10 featured in the table above - decided to increase their dividend payouts to me.
W.P. Carey (WPC) had a very modest dividend increase, but it brought my quarterly payout to a nicely rounded number.
Cardinal Health (CAH) provided a decent 3% increase this time. The company took a recent hit in share price, piquing my interest in adding more.
The Bank of Nova Scotia (BNS) did not increase their dividend this quarter, but I benefited from an improved exchange rate between the Canadian and US Dollar.
Comparing the dividend payout of July 2016 to July 2017 (below) shows an increase from $157 to $229- a YoY growth of 46%.
How was your July and its dividend? Leave a comment/reply to share your thoughts!