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.
|Company||Dividend Amount||DRIP Shares|
|Wells Fargo (WFC)||$20.63||--|
|Bank of America (BAC)||$8.09||--|
|Phillips 66 (PSX)||$4.64||--|
|Emerson Electric (EMR)||$29.05||--|
|Target Corporation (TGT)||$66.73||--|
|Realty Income (O)||$17.37||--|
|Johnson & Johnson (JNJ) (Full Analysis Here)||$47.41||--|
|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|
|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|
|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|
|June 2015 Total||$43.96|
|2015 YTD Total||$133.98|
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?