Thursday, July 7, 2016

Dividend Update - June 2016

Dividend Update - June 2016
Dividend Update - June 2016
It's the end of one month and the beginning of another so it's time for my favorite update: my dividend update.  These dividend 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 pages to see what dedication to an investment plan can give you.
The end of each quarter is always a great time for dividend growth investors since many companies make payments during that time and my June haul proved to be no different.  I received a total of $858.25 in dividends in my FI Portfolio during June and another $5.58 in my Loyal3 Portfolio.  Both of those portfolios are regular taxable brokerage accounts.  My Roth IRA also provided $40.42 with all dividends being reinvested.  Across my taxable accounts my dividends totaled $863.83.  Adding in my Roth IRA dividends brings the June total to $904.25 which is a personal best.  Year to date my  accounts have generated $3,000.36.

Be sure to check out the infographic I made too and let me know what you think.

FI Portfolio

My FI Portfolio is the largest in terms of portfolio value as well as dividends received and it led the way with almost $860 for the month.  Compared to March of this year that's a 5.0% increase and the year over year comparison came in at just 3.8%.  I know that sounds a bit odd for the annual change to be smaller than the quarterly change so let's examine the reasoning.

The difference largely stems from positions being closed during the last year.  On a constant payout basis, i.e. companies that paid dividends during both periods, the quarterly increase jumps to 6.1% while the annual rises all the way to 8.9%.  In my book both of those are solid increases.

Loyal3 Portfolio

My Loyal3 Portfolio had a solid 5.3% increase compared to March of this year and the best part about is that was from dividend increases alone.  Compared to last year the increase looks even better coming in at 24.6%.  Although admittedly a good chunk of that was due to purchases rather than dividend growth.

Roth IRA Portfolio

The last month of each quarter is always a welcomed return to dividends received within my Roth IRA after the mid quarter lull.  Compared to 1Q2016 dividends received showed a modest 1.1% increase thanks to a modest dividend increase from Wells Fargo and all dividends being reinvested within this account.

On the surface the year over year comparison looks disappointing with an 8.1% decrease; however, that's because I had sold my Wal-Mart (WMT) shares that were held in this account over the last year.  Excluding the Wal-Mart dividends from last June's payouts makes the year over year comparison improve to a modest 3.0% increase.  The rather lackluster improvement is due to receiving just the one modest 1.3% dividend increase from Wells Fargo and none from Bank of America (BAC) or Norfolk Southern (NSC).

Dividend Raises During the Month

Four different companies that I own announced dividend increases during June which is dividend growth investing at work.  You mean a company I own a piece of, albeit tiny, wants to pay out more of their profits to me just because I own part of the company?  Sign me up!

These raises came from a diverse cross section of the economy including a cereal maker, a landlord, a retailer and a healthcare equipment maker.  These 4 companies combined to increase my forward dividends by almost $45.  Through the end of June I've received 27 increases from 23 companies boosting my forward dividends by over $156.

Based on the historical increase announcement July is likely to only see 3 dividend raises.  Although with the capital allocation plans for the big banks that I own being approved official dividend increases could possibly be announced as well.

Looking Forward

My forward 12-month dividends for my FI Portfolio are up to $5,603.29.  Forward dividends in my Loyal3 Portfolio ended the month at $63.68 bringing the total taxable account forward dividends to $5,666.98.  My Roth IRA's forward 12-month dividends are at $260.58.

Monthly Average

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.  My monthly average so far in 2016 is $473.02.  That's about a $19 decrease from where my year to date average was at the end of 2015.

Monthly Comparison of Dividends Received From FI Portfolio
Monthly Comparison of Dividends Received From FI Portfolio
Dividends Received Breakdown

FI Portfolio - Dividend Income
Company Dividend Amount DRIP Shares
Wells Fargo (WFC) $20.91 --
Bank of America (BAC) $8.09 --
McDonald's (MCD) $75.57 --
Halliburton (HAL) $25.17 --
Phillips 66 (PSX) $5.22 --
Emerson Electric (EMR) $29.36 --
Walgreens Boots Alliance (WBA) $24.86 --
Harris (HRS) $41.25 --
Cummins (CMI) $22.74 --
Target Corporation (TGT) $71.87 --
Aflac (AFL) $30.10 --
BP (BP) $49.91 1.606
Microsoft (MSFT) $14.81 --
Chevron (CVX) $61.73 0.599
Exxon Mobil (XOM) (Analysis Here) $50.04 0.453
Realty Income (O) $18.25 --
IBM (IBM) $42.31 --
Visa (V) (Analysis Here) $9.54 --
Johnson & Johnson (JNJ) (Analysis Here) $60.17 --
PepsiCo (PEP) (Analysis Here) $46.32 --
Unilever $10.90 --
3M Company (MMM) $19.98 --
United Technologies (UTX) $9.20 --
Ventas (VTR) $16.89 0.241
T. Rowe Price Group (TROW)$10.96 0.156
Becton, Dickinson and Company (BDX) $5.28 --
Ross Stores (ROST) $7.58 --
Hershey (HSY)$6.41--
Care Capital Properties (CCP) $2.85--
Centerpoint Energy (CNP) $28.27 1.38
Wal-Mart Stores (WMT) $31.71 --
June 2016 Total $858.25
2016 YTD Total $2,838.13

Loyal3 - Dividend Income
Company Dividend Amount DRIP Shares
V.F. Corporation (VFC) $1.17 --
Hershey $1.21 --
PepsiCo  $1.43 --
Unilever $1.77 --
June 2016 Total $5.58
2016 YTD Total $30.57


Roth IRA - Dividend Income
Company Dividend Amount DRIP Shares
Bank of America $5.12 0.377
Wells Fargo $10.67 0.211
Norfolk Southern (NSC) $24.63 0.293
June 2016 Total $40.42
2016 YTD Total $131.66

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?  How are you doing on your goals half way through 2016?

7 comments:

  1. nice month ! 1st of the month dividend updates are also my favorite. I own a few of your holdings and a few others are on my short list. Congrats on a good months, keep it up!
    -Brian

    ReplyDelete
    Replies
    1. Brian,

      The dividend updates are always so motivating. I love getting to see the progress that everyone's making.

      Thanks for stopping by!

      Delete
  2. Another great month, JC. Congrats on the dividend income!

    R2R

    ReplyDelete
    Replies
    1. R2R,

      It was great seeing over $900 from those 3 accounts and over $850 in my taxable accounts is awesome. I wish it was a bit more even throughout the quarter instead of being as backloaded as it is but as long as they keep coming in and keep growing I won't complain.

      All the best!

      Delete
  3. Keep it up JC! You're doing awesome bro. Steady Eddy. Give it some time and the trend can only go up. I'm sure of it. Thanks for sharing and wishing you and the family the best. Cheers bud.

    ReplyDelete
  4. Really an awesome month for passive income between your accounts. You are really rocking some serious money. As always it's nice to see so many names in common between our portfolios. Looks like we share 10 for last month. Guess it's no secret which dividend stocks are the most solid long term investments. Month to month figures can increase or decrease easily. It's really a metric I use. As long as your year over year results show progress you are heqaded in the right direction. Thanks for sharing.

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  5. Hey good month you have bud, 900 dollars is nothing to sneeze at. I feel if you get to a point where you can cross consistently 500 dollars in dividend growth, it will be a great starting point to bigger things.

    ReplyDelete