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.
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!