Monday, July 6, 2015

Dividend Update - June 2015


It's the end of one month so it's time for my favorite update: my dividend update.  These updates reflect all dividends that I receive through my investing pursuits.  I hope they 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 open 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.

Ah, the end of a quarter is wonderful, isn't it?  It brings closure to a portion of the year and most importantly it means there's a big month of dividends ahead and June didn't disappoint.  I received a total of $826.88 in dividends in my FI Portfolio throughout the month and year to date I've received $2,865.21.  I also received $4.48 in dividends in my Loyal3 portfolio.  Combined my taxable accounts provided $831.36 for June.  My Roth IRA also brought in $43.96 in June for a year to date total of $133.98.  This was my best month yet as far as dividends received.  It's crazy to look back and see that for all of 2012 I received $795.92 but here I am just 2.5 years later and I'm receiving more than that in one month.  Granted it's not every month yet, but eventually it will get there.

Dividends in my FI Portfolio increased 10.64% from March's total and a solid 36.67% from last year.  That speaks to the power of dividend growth investing.  My Loyal3 portfolio's dividends were essentially unchanged from March with just a $0.01 increase.  Of course I've only made one purchase in that portfolio since December so that wasn't any bit of a surprise.  My Roth IRA though gives a purer view of dividend growth investing at work since I haven't made any contributions to the portfolio since 2011 and have been reinvesting all dividends into the company that pays them.  The portfolio is very skewed towards financials but in the overall picture of my total investment portfolio this isn't any issue.  My Roth IRA's dividends increased 14.63% from March of this year and 21.17% year over year.  That's awesome stuff right there, especially considering that's from the combination of dividend increases and reinvestment alone.

Dividends received are one thing, but I'm also after dividends that grow organically each year.  Four of my holdings blessed me with dividend increases throughout the month.  Those companies were Target, Medtronic, Realty Income, and W. P. Carey.  Combined these companies increased my forward 12-month dividends by $48.92.  And the best part about that is that I didn't have to do anything to receive these raises except for invest some of my savings into excellent companies.  With the dividend increases and purchases I made throughout the month, my FI Portfolio's forward 12-month dividends increased to $5,999.39.  My Loyal3 Portfolio's forward 12-month dividends ended June at $56.92 bringing my total taxable forward dividends to $6,056.31.  My Roth IRA's forward 12-month dividends sit at $266.55.  I also hit a milestone this past month with my taxable account forward dividends eclipsing the $6,000 mark.  That's over $500 per month that I can expect to receive!

Below is the chart showing the monthly dividend totals of my FI Portfolio only, 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. At the halfway mark for 2015 my monthly average thus far is $477.54 which is almost a $100 increase from 2014's average of $379.24.  With more contributions/investments and expected dividend increases the gap should widen that much more.


FI Portfolio - Dividend Income
Company Dividend Amount DRIP Shares
Wells Fargo (WFC) $20.63 --
ConocoPhillips (COP) $12.98 0.202
Bank of America (BAC) $8.09 --
McDonalds (MCD) $89.17 --
Halliburton (HAL) $25.10 --
Phillips 66 (PSX) $4.64 --
Emerson Electric (EMR) $29.05 --
Walgreens (WBA) $23.31 --
Harris (HRS) $38.78 --
Cummins (CMI) $18.19 --
Target Corporation (TGT) $66.73 --
Aflac (AFL) $28.63 --
BP (BP)* $46.61 1.1093
Microsoft (MSFT) $12.76 --
Chevron (CVX) $58.82 0.575
ExxonMobil (XOM) $38.50 0.456
Realty Income (O) $17.37 --
IBM (IBM) $39.29 --
Visa (V) $8.18 --
Johnson & Johnson (JNJ) (Full Analysis Here) $47.41 --
Pepsico (PEP) $43.24 --
Unilever (UL) $9.51 --
3M (MMM) $11.28 --
United Technologies (UTX) $8.96 --
National Oilwell Varco (NOV)* $23.46 0.487
T. Rowe Price Group (TROW) (Full Analysis Here) $10.40 --
Centerpoint Energy (CNP)* $25.74 1.327
Wal-Mart (WMT) $31.07 --
Ventas (VTR) $17.38 0.280
Becton, Dickinson and Company (BDX) (Full Analysis Here) $4.80 --
Ross Stores (ROST) (Full Analysis Here)* $6.58 0.131
June 2015 Total $826.88
2015 YTD Total $2,865.21
*Dividends were reinvested into the paying company.

Roth IRA - Dividend Income
Company Dividend Amount DRIP Shares
Bank of America (BAC) $5.05 0.286
Wells Fargo (WFC) $10.24 0.182
Norfolk Southern (NSC) $23.95 0.259
Wal-Mart (WMT) $4.72 0.063
June 2015 Total $43.96
2015 YTD Total $133.98
*All dividends in my Roth IRA have been reinvested back into the paying company.

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

Image courtesy of Stuart Miles on FreeDigitalPhotos.net.

How were your dividends in June?  Are you on track to meet your dividend goals after the 1st half of the year?

19 comments:

  1. Nice increase in dividends from last quarter and last year, JC. Congrats on the div income and thanks for sharing

    R2R

    ReplyDelete
    Replies
    1. R2R,

      It's always great to have a rising dividend income. It was much better increases than I was expecting given my slower pace of investing over the last 6 months.

      Thanks for stopping by!

      Delete
  2. Awesome Month JC! It's really starting to show the compound and snowball effect. It's nice to have a sizeable portfolio and it only gets better from here. I know it. Keep hustling hard and amazing progress. I love it! Cheers bud.

    ReplyDelete
    Replies
    1. Hustler,

      It's amazing what a little time and patience can do. I'm still having to do a lot of the pushing of my snowball but I don't have to push quite as hard thanks to the size of the snowball.

      Thanks for stopping by!

      Delete
  3. What's your reasoning for DRIP'ing some Divs in your FI portfolio and not others? Just curious, thanks!

    Eric

    ReplyDelete
    Replies
    1. Retire29,

      If you notice the main ones that were reinvested, at least in my FI Portfolio, were all oil and gas related companies. The value is there so I wanted to increase my exposure a bit while their stocks are beat up. The REITs are along the same vein as the O&G stocks. I want to increase my exposure there and I feel that they are being beat up due to overblown interest rate fears. All of the dividends in my Roth are reinvested because I don't receive enough to make a purchase worthwhile and haven't been able to contribute more capital there due to being above the income threshold, I know good problem to have. Investment capital is going to be a bit lighter than previous years but I still want to build up positions in the companies that I own that I feel are fairly/undervalued at the moment. In a nutshell, that's why I'm reinvesting some dividends but not others.

      Delete
  4. Awesome awesome awesome! :) I see we have 14 companies in common that paid in June. Keep up the great job!

    ReplyDelete
    Replies
    1. F2FF,

      It really is awesome receiving money for doing nothing. That's the best part about dividend growth investing. I don't have to put in time at a plant, or selling products, or sitting in strategy meetings. All I have to do is sit back and collect my checks.

      Thanks for stopping by!

      Delete
  5. JC,

    Great month. Looks like we both recorded pretty similar numbers for June, which is awesome. :)

    You've been pretty aggressive with the stock purchases lately. Can't wait to see how that pans out for you over the latter half of the year!

    Keep up the great work.

    Best regards.

    ReplyDelete
    Replies
    1. DM,

      It's always fun to be putting up similar dividend numbers as you DM! Although, I can't say I won't be glad to pass you up! I put a lot more capital to work than I'd been expecting too which is good but unfortunately that leaves my chamber a bit empty right now. I'm waiting on some cash to be freed up so I can transfer it to my new brokerage account but until then I won't be able to make any new purchases which is a bummer. I'll be glad to get back in the swing of things with work so my cash flow is a lot steadier which will allow for more consistent purchases.

      Thanks for stopping by!

      Delete
  6. Hi JC -- congratulations on a great month (and quarter) of dividend income. One can really see the snowball getting larger in that chart. Keep up the good work and take care!

    Cheers
    FerdiS

    ReplyDelete
    Replies
    1. Ferdi,

      It's pretty cool to see that in half of a year I've pulled in almost $3k in income that I didn't have to work for. That speaks to the power of dividend growth investing. I really like that chart because it shows the growth for each month. It's going to get cluttered as the years go by so I'll probably have to limit the years shown on the chart but nevertheless it really shows how the growth can happen.

      Thanks for stopping by!

      Delete
  7. Congrats on an awesome month - your trend is definitely pointing upwards. Keep up the good work!

    ReplyDelete
    Replies
    1. Tony,

      Thanks so much Tony. The trend is great and I love seeing my dividend totals growth just about every single month. Well compared to the same month in the previous quarter.

      Thanks for stopping by!

      Delete
  8. JC,

    Thanks for the update and solid month! I love the increases. You've really had a lot of purchases recently. I need to go back and catch up on some of your posts to see what you've been up to.

    Take care

    ReplyDelete
    Replies
    1. AAI,

      I'm expecting to see some pretty big numbers for you whenever you get back to releasing your dividend income. That's always inspiring.

      Getting a raise and not having to do any more work is always welcome here. Especially when the work I have to do amounts to an hour or so per quarter. I'm hoping to make at least one purchase this week and if things work out right maybe two and I can possibly squeeze in three if the opportunity presents itself.

      Thanks for stopping by!

      Delete
  9. Congrats on having such a great month JC. Gotta love these increases you have. Got to love a well diversified portfolio.

    ReplyDelete
    Replies
    1. Tawcan,

      It was an absolutely awesome month for my portfolio. Personal best in dividends received and 4 raises for doing nothing.

      Thanks for stopping by!

      Delete
  10. I must say impressive Blog... I like ur style of investing...Whats your views on buying VISA for 3-5 years time period. I agree valuations are high but high growth company... What you suggests ? Can hold for my future genration too :-) :-) :-)

    ReplyDelete