Dividend Update - June 2019

dividend growth investing | financial independence | freedom | dividends
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.

As a dividend growth investor, I relish the end of quarter month since most of the companies I own pay out at that time and June did NOT disappoint.  My FI Portfolio, taxable account, produced $1,075.21 in dividends for the month while my Folio First portfolio chipped in another $9.52.  My Roth IRA added another $58.30 while my Rollover IRA contributed $246.64.  That puts my taxable account dividends at $1,084.73 with a total of $1,389.67 across all of my accounts in June.  That was by far the highest one month total I've ever received.

Making Money While I Sleep

The power of joining the ownership class is that those companies can work much harder for you than you can.  Think about it.  By myself I have to devote my own time to my regular job in order to make money.  However by buying a stake in a high quality business I now get to leverage my own time that I exchanged for money into companies that are working around the clock to make products or provide services for their customers.  Those companies are working 24/7/365 which means that I make money even when I sleep.

During June the companies I own paid me $46.32 per day or $1.93 per hour.  Year to date those numbers are $26.58 per day and $1.11 per hour.

FI Portfolio

As I mentioned above my FI Portfolio produce $1,075.21 in dividends for June.  That's a solid 5.8% increase from March.  Compared to June 2018, which gives a better growth comparison, the increase was 9.3%.  The YTD total through the end of June 2019 showed a 12.2% rise compared to the same period in 2018.

Roth IRA

My Roth IRA generated $58.30 in dividends for June.  That's a very healthy 5.6% increase from March due largely to the trimming of my Norfolk Southern position and re-allocating some of those funds to a new position within the Roth, I've owned shares in my FI Portfolio for years, in Walgreens Boots Alliance.  

Compared to June 2018, which gives a better idea of the growth, last month showed a whopping 28.8% increase.  The YTD total through June is showing a very health 30.0% rise compared to last year.

Rollover IRA

In March I mentioned how I will start reporting on my Rollover IRA.  The bulk of those funds are invested in dividend growth companies, although there's few that aren't, so to give the cleanest picture I will show those during my monthly reports.  That being said I'm not too worried about any particular month/quarter of dividends since my current plan is to be a bit more active with these funds than I would in my taxable accounts.  Companies fall in and out of favor with market participants throughout the year and I want to attempt to capture some of that change in emotion.  If I feel a company is undervalued I'll purchase shares and won't sell until the story changes or the market price hits what I feel is at least 1.3x "fair value".  This is just a little experiment that I wanted to try and if I feel it's too much hassle or that I'm constantly taking 2 steps forward and 1 step back then I'll revert back to my bread and butter buy and hold strategy.

My Rollover IRA produced $246.64 in dividends during June which was a slight increase from March's total of $245.20.  Compared to June 2018 there was a huge 98.1% increase although that was mainly due to additional capital being invested.

Dividend Raises During the Month

June brought about a nice rebound in the number of dividend increases with 6 companies that I own in my FI Portfolio announcing raises.  Well, 3 aren't technically declared yet as they were part of the latest round of CCAR; however, I believe that the 3 companies have every intention of following through with the raises.   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!  

Combined those 6 companies boosted my forward 12-month dividends by $62.31.  Thus far in 2019 I've received 28 increases from 25 of 54 of the companies within my FI Portfolio combining to increase my forward 12-month dividends by $203.57.

Looking Forward

My forward 12-month dividends for my FI Portfolio ended June at $7,025.20 while my FolioFirst forward dividends are at $100.13.  That pushes the total taxable account forward 12-month dividends into a new threshold at $7,125.33.  My Roth IRA's forward-12 month dividends increased to $589.30.  My Rollover IRA's forward 12-month dividends are at $2,093.69.  Across all 4 accounts, assuming no dividend cuts or position size changes, I can expect to receive at least $9,808.32 in dividends over the next year.

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, as we saw above, and eventually some positions will get dropped, but the long-term trend is what matters.  

The rolling 12-month monthly average for my FI Portfolio is at $556.01 per month which is $31.07 or 5.9% above 2018's monthly average of $524.95. 
dividend growth investing | dividends | financial independence | freedom

Dividends Received Breakdown
Dividends | Financial Independence | Dividend Growth Investing
Dividends Received Breakdown June 2019
I've updated my Dividend Income page to reflect June's changes.

Did you set a personal best in June for dividends?  Halfway through the year are you on track to meet or exceed your goals?

Let me know in the comments below!


  1. Congrats, a new record is a great way to end the first half of the year! That is a really long list of dividend payers.

  2. That's amazing. Very nice list of payers, that looks like a great portfolio. Well done.

  3. Congarst on the passive income, JC. Keep on truckin'


  4. An new freaking record. Incredible JC, just incredible! Congrats on continuing to crush it and make moves.



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