Friday, August 1, 2014

Dividend Update - July 2014


July was fairly steady as she goes as far as dividends with just a slight increase from April but progress is progress.  These dividend updates reflect all dividends that I receive through my investing pursuits and I hope can help inspire you to take control of your own finances and invest to build a passive income stream.  What you use that stream for is up to you, whether it's to fund early retirement, just provide some FI/FU money, or even to provide for an annual vacation; the key is that it can provide options and opens up all sorts of possibilities.  You can check my dividend income or progress page to see what dedication to an investment plan can give you.  I was able to set a personal best in dividends received during March which is great motivation and helps to keep me on track.

I received a total of $208.80 in dividends in my FI portfolio in July and have received a total of $2,201.61 through July which is just $345 shy of what I earned in all of 2013.  I'm now 48.9% of the way towards my goal of $4,500 in dividends received for the year so there's quite a bit of work to do to catch up.  It's not a lost cause yet but will really depend on the timing of purchases to capture as many dividend payments as possible, but I still have a bunch of capital at the ready.  The dividends in my Roth IRA give a purer view of dividend growth investing at work since I haven't been able to make additional contributions.  For my Roth IRA in July I received $19.98 and have received a total of $122.77 so far this year.  That's about $9 ahead of July 2013's total so it's pretty good to see growth, albeit slow.  For my FI Portfolio, June saw a pretty meager $5 increase, 2.4%, from April 2014 but an absolutely wonderful 115.7% increase year over year.

I wasn't very active through most of July, actually the first purchase didn't come until the 25th when I bought shares of Visa (V) and General Electric (GE).  That was exactly one month since my last purchase.  Well on the 30th I also added to my position in Realty Income (O).  I would really like to get a rental property in the mix but I still have my doubts so in the meantime I'll continue to invest in high quality REITs.  Mr. Market decided to go a little crazy to close out the month and I added to three positions on Thursday with both the DJIA and S&P 500 selling off nearly 2.00%.  I'll get a post up about those purchases next week but if you want to get fairly real time updates of any purchases I make then be sure to follow me on Twitter@JC_PIP.  All of that is a long way to say that with the purchases I made and dividend increases from two of my holdings my FI Portfolio's forward 12-month dividends are now at $4,813.82.  That's 96.3% of the way towards my goal of $5,000 by the end of the year and I expect to pass that rather handily.  My Roth IRA's forward 12-month dividends increased to $231.39 through dividend reinvestment alone.

Below is the chart showing the monthly dividend totals for each year that I've been investing as well as the monthly average.  It's not always an increase as some companies have weird payout schedules and eventually some positions will get dropped, but the long-term trend is what matters.  It's great to see that my 2014 average through July is at $314.52 and well above 2013's monthly average of $212.23.  The last 3 month average is even better at $352.77.  With more contributions/investments and expected dividend increases the gap should continue to widen.


FI Portfolio - Dividend Income
Company Dividend Amount DRIP Shares
EOG Resources (EOG) $1.01 --
Coca-Cola (KO) $49.88 --
Medtronic (MDT) $28.10 --
Phillip Morris (PM) $58.85 --
Realty Income (O) $10.18 --
General Electric (GE) $24.47 --
Baxter International (BAX) $20.28 --
American Realty Capital Properties (ARCP) $16.03 --
July Total $208.80
2014 Total $2,201.61

Roth IRA - Dividend Income
Company Dividend Amount DRIP Shares
JP Morgan Chase (JPM) $8.57 0.146
Phillip Morris $11.41 0.132
July Total $19.98
2014 Total  $122.77

I've updated my Dividend Income page to reflect July's changes.

How did your dividends do in July?  Are you on target to reach any of your dividends goals for 2014?

22 comments:

  1. Another great month. You are making steady progress, YoY...as long as its positive - thats all that matter. The recent addition of O will help your monthly numbers going forward.

    Keep it up
    R2R

    ReplyDelete
    Replies
    1. R2R,

      There wasn't much improvement from April but it was a big YoY increase. With the additions that I made over the last week of July and most likely more to come in August I'll be sitting quite nicely. I think I'll be needing to bump up my forward 12-month dividend goal for the year if I can actually get the capital invested.

      Thanks for stopping by!

      Delete
  2. Great month as usual. Keep it going.
    I see that you purchased VZ and GIS on Thursday in addition to O on 30th. Great going. With these new investments, I think it is time for you to bump up the forward dividend goal for the year.

    ReplyDelete
    Replies
    1. DGJ,

      Yeah I think I'll be bumping that up at the 3Q update unless I cross it earlier. I was sitting on a bunch of cash that if invested in the markets would have put me well past my goal. I should be able to get to around $5,500 by the end of the year with savings the rest of the year and getting it all invested. We'll see how things turn up.

      Thanks for stopping by!

      Delete
  3. PIP,

    Solid month! It looks like there are some pretty good deals in the food sector. I picked up some KRFT yesterday, but K, GIS, and even CAG look pretty good here. Keep up the dollar cost averaging I think some good values are finally starting to show their heads.

    MDP

    ReplyDelete
    Replies
    1. MDP,

      There wasn't much growth compared to April but more than doubling from July 2013 is great.

      I added some GIS yesterday and I've got a few more companies on the short list to buy. I want to add some more food companies into the mix so I'll be taking a closer look at some of those you listed. What's the reason for KRFT's EPS drop for next year. Looks like a pretty big drop based on the TTM P/E and the Forward P/E.

      Thanks for stopping by!

      Delete
    2. Supposedly Kraft is having margin problems due to commodity pressures. Kraft did some moderate price hikes in the second quarter that should mitigate the problems going forward, but with competition widespread we'll have to wait and see how the result pan out. The food business (and soft drink business for that matter) is tough right now, but should give some us good buying opportunities.

      Delete
    3. MDP,

      Ah. That's the problem with food companies but the good news is that in the long run it usually works out. People still have to eat, right? Thanks for the feedback.

      Delete
  4. Not too shabby. Keep em rollin in. All of your buys are solid picks. Too bad the market beat us all down with a hammer last couple days!

    ReplyDelete
    Replies
    1. A-G,

      Not quite the $1,200 you pulled in but I'm working towards it. I was just fine with the markets declining to end July so I could put some capital to work. Damn, I just tallied it up and I put almost $9.5k to work last month. That'll help boost the dividends for sure.

      Thanks for stopping by!

      Delete
  5. Great job, another great month.

    ReplyDelete
  6. Great job PIP :) Kee it up. We've had a couple of bad days on the market recently and some investors are predicting the correction to continue. But your solid portfolio of blue chips should be safe from dividend cuts no matter what happens in the foreseeable future :D My dividends for July didn't really grow from last quarter or the one before. I'm focusing more on fixed income right now which pays out mostly in interest income instead of dividends.

    ReplyDelete
    Replies
    1. Liquid,

      The end of July was rough but I was able to take advantage and put quite a bit of capital to work. I know my portfolio is going to go down when the markets tank but the beauty is that the dividends should continue to roll in and be increased and eventually the value will come back up. I'm staying away from fixed income right now because I just don't see the advantages at least here in the US. The ZIRP policy could end up really hurting the fixed income investors especially if they're on the long duration side of things. I do have some fixed income though via the mutual funds I own though.

      Thanks for stopping by!

      Delete
  7. Great month for you In getting another step closer towards the ultimate goal. Year on year growth looks good, and you managed to invest in a couple of top quality companies this month that will surely help you to achieve your year goal (although it might be a tight call).

    Keep up the good work!

    Best,

    DW

    ReplyDelete
    Replies
    1. D&W,

      I'm working on getting there but I'm still quite a ways away from it. YoY growth was great but I was surprised to see the April to July growth was just $5. That's not too exciting but it was an improvement. I guess I didn't add any companies that pay in those months. I'm looking forward to the rest of the year and while I think I'll come up short on the dividends received goal I should blow past the forward dividends goal.

      Thanks for stopping by!

      Delete
  8. JC,

    Your chart is lookin' good! Seems like you did well by waiting until the end of the month for your shopping spree. You had a lot of good picks, I've wanted to hop on GIS, V, and GE too for a while. I can't wait to see your new monthly income from O, I have it on DRIP and it's always my favorite thing to watch it always increasing.

    Have a great weekend!
    Ryan

    ReplyDelete
    Replies
    1. Ryan,

      I'm hoping to add more to GE in the next month or so to help balance out my likely DE purchase as well. I really like O and the monthly dividend sure is awesome. The rest of this year is going to be awesome especially if the share prices continue to decline from here.

      Thanks for stopping by!

      Delete
  9. JC,

    Another fantastic month of dividend income. And the great thing is that just gets rolled into buying even more shares, which will surely spit out even more income themselves. And the snowball continues to roll... :)

    Best regards.

    ReplyDelete
    Replies
    1. DM,

      Indeed. It's great to see the dividends continue to climb and then getting the chance to compound the dividends that are received.

      Thanks for stopping by!

      Delete
  10. Wow, great progress PIP!

    I look at income like yours and it spurs me to continue the path I'm on. Hopefully I'll get there soon!

    By the way, would you mind adding me to your blogroll? Keep up the good work!

    Thanks!

    Warrior

    ReplyDelete
    Replies
    1. Dividend Warrior,

      You'll get there sooner than you think. I never really dreamed I'd actually be up to almost $5k in forward annual dividends this quickly. But the really good thing is that now the organic dividend growth from the companies I own makes up a larger and larger portion.

      Just added you.

      Thanks for stopping by!

      Delete