Dividend Update - July 2015
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.
I received a total of $267.94 in dividends in my FI Portfolio in July. I also received $22.41 in my Roth IRA and $64.13 in my Loyal3 portfolio. I don't breakdown my Loyal3 dividends because frankly most of them are quite small; however, this months total was quite large thanks to the special dividend from the merger between Kraft and Heinz. My FI Portfolio's dividends actually showed a decrease from April 2015's $320 mark, but that was due to some special situations. TROW paid a special dividend in April, OHI split their 2Q dividend payment into two following their buyout of AVIV REIT, and WMT has a weird payout schedule with a payment in April but then making the next payment in June instead of July. On a normalized basis my dividends for April would have been $235 which means there was actually a 14.0% improvement with July's total, so I'm quite happy with the results. Compared to July 2014 my dividends for the month increased 28.3% which is pretty exciting considering that I'm now working off a pretty solid base of dividends. YTD my FI Portfolio's dividends have increased 42.3% compared to the same period in 2014. My Roth IRA is more of a pure demonstration in dividend growth investing since all dividends are reinvested back into the paying companies and no additional capital has been added since 2012. Dividends in my Roth IRA decreased as well by 13.8% from April 2015 due to the WMT payout schedule but showed a solid 12.2% increase compared to July 2014. The YTD total has increased 27.4% compared to the same period last. Not bad considering that's from dividend increases and reinvestment alone.
I had 5 dividend increases announced during July which is dividend growth investing at its finest. 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! There were increases from KMI, COP, CMI, and OHI during the month. Unfortunately though I did suffer a dividend cut from the BAX spinoff of BXLT although, BXLT did initiate a dividend during July which was nice.
My forward 12-month dividends for my FI Portfolio are up to $6,000.76. Forward dividends in my Loyal3 portfolio ended the month at $57.05. My Roth IRA's forward 12-month dividends are up to $267.42 thanks to dividend increases and reinvestment.
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 2015 is $447.59. That's about a $68 increase from where my year to date average was at the end of 2014. With more contributions/investments and expected dividend increases the gap should continue to widen.
|EOG Resources (EOG)||$1.36|
|Phillip Morris (PM)||$62.61|
|Realty Income (O)||$17.42|
|General Electric (GE)||$39.38|
|Baxter International (BAX)||$20.28|
|Bank of Nova Scotia (BNS)||$11.19|
|W.P. Carey (WPC)||$19.08|
|Toronto Dominion Bank (TD)||$7.64|
|2015 YTD Total||$3,133.15|
|Company||Dividend Amount||DRIP Shares|
|JP Morgan Chase (JPM)||$9.69||0.142|
|Phillip Morris (PM)||$12.72||0.156|
|2015 YTD Total||$156.39|
I've updated my Dividend Income page to reflect July's changes.
Image courtesy of Stuart Miles on FreeDigitalPhotos.net.
How did your dividends do in July?