Dividend Income Update July 2016

It’s dividend income update time. One of my favorite times of the month as I get to review my previous month of passive income received from my dividend income portfolios.

 

As we have witnessed thus far in 2016, the market will do whatever the market will want to do. No amount of statistics, economic data nor talking head prediction could have called the incredibly weak start to the year we had, nor the amazing rebound either. We have witnessed oil prices climb out of their recent depths (only to slide a bit last month) along with gold, silver and other commodities seemingly shaking off some of their collective dust. Seeing all these market highs and lows occur every few months just reminds me of why I became a dedicated dividend growth investor. As you know, my primary concern is the increasing of my passive income every year without having to worry about the roller coaster ride the market, individual stocks or commodities have to go through. One thing I like about being a dividend investor is the reliability and predictability of the returns. With that being said, let’s take a look at my July 2016 dividend income.

 

Dividend income from my taxable account totalled $239.92 down from $244.93 a decrease of 2.0% from July of last year. Nothing alarming here as my Ingersoll-Rand Plc (IR) dividend which was paid in July 2015 was distributed in June 2016 instead. This happens every now and then as companies may change payout dates or they may fall on weekends and don’t get credited till the next business day.

 

Dividend income from my ROTH account totalled $133.56 up from $112.15 an increase of 19.1% from this time last year.

 

Dividend income from my IRA account totalled $0.00 equal to $0.00 from this time last year.

 

Grand total for the month of July: $373.48 an increase of 4.6% from July 2015.

 

Brokerage Account

Year to date dividends: $2,116.15

DateDescriptionSymbolAmount
07/01/2016DIVIDEND:KOKO$32.46
07/01/2016DIVIDEND:ALLEALLE$3.37
07/05/2016DIVIDEND:KMBKMB$32.53
07/05/2016DIVIDEND:JCIJCI$19.72
07/08/2016DIVIDEND:KHCKHC$32.23
07/08/2016DIVIDEND:ITWITW$31.00
07/11/2016DIVIDEND:PMPM$38.76
07/14/2016DIVIDEND:MDLZMDLZ$5.44
07/21/2016DIVIDEND:CBCB$6.22
07/25/2016DIVIDEND:GEGE$37.15
07/29/2016DIVIDEND:BCRBCR$1.04
Total: $239.92

ROTH Account

Year to date dividends: $871.58

DateDescriptionSymbolAmount
07/01/2016DIVIDEND:KOKO$10.40
07/05/2016DIVIDEND:KMBKMB$6.64
07/08/2016DIVIDEND:KHCKHC$19.83
07/11/2016DIVIDEND:PMPM$7.44
07/14/2016DIVIDEND:MDLZMDLZ$7.34
07/28/2016DIVIDEND:BNSBNS$81.91
Total: $133.56

IRA Account

Year to date dividends: $273.18

 

All in all, nothing to complain about here as I am still posting year over year gains which is my primary objective as a dividend income investor. Are any of these dividend stocks in your portfolio too? How was your July dividend income? Please let me know below.

 

Disclosure: Long all above

 

On a side note, our road trip will continue this Friday as we head south from Seattle and make our way back through Oregon and California. I can’t believe three weeks already went by so fast but I do look forward to the drive ahead as we travel back and see new things. Of course, I’ll reply to every comment left but I may be delayed in responding.

65 thoughts on “Dividend Income Update July 2016

    • Hi R2R,

      Thank you for the kind words. No complaints on my end about July’s results. As long as I can post year over year growth I’m happy. Thank you for commenting.

    • Hi IH,

      Appreciate the continued support. Working or holiday… those dividends keep rolling in. We took the coastal route on the way up (1 and 101). Heading south we’ll be on I5 and plan to see Crater Lake, OR, Mount Shasta in California and maybe the Jelly Belly factory too in Fairfield, CA. Thank you for stopping by and commenting.

    • Hi easydividend,

      You will get there in time. My first dividend payments were all in the single and low double digits when I first started. I have been doing this since 2007 and started very slowly and conservatively too with lower, safer yielding stocks. Just stick to your game plan, do not rush by buying unsafe high yields and in several years you’ll look back and be amazed at your progress. Patience and consistency is key. Thank you for commenting.

    • Hi MSLM,

      How can I complain? I’m on a four week long road trip with my family, the dividends are continuing to roll in and I managed a year over year gain too. All is good! As you said, as long as I can post new highs I know I’ll be OK long term. Thank you for stopping by and commenting.

    • Hi DDU,

      As I just commented above, I have nothing to complain about as those dividends are continuing to roll in as I’m on a four week long drive with my family and able to post year over year gains too, despite a mistimed dividend. Those happen every now and then and does not bother me at all. As long as those dividends get paid I’m happy no matter which month they come in. Thank you for your comment and continued support.

  1. Awesome job Keith, very solid names and solid dividend income for July. There are few names in your portfolio I wish to own in the future. Keep up the great work.

    • Hi Tawcan,

      Thank you for the support. Believe me, I’d love to add to many of those July dividends but not at current levels. I’m sure we’ll catch a break eventually with better buys down the road. As always, I appreciate your comment.

    • Hi GK,

      Thank you for the well wishes. I look forward to hitting the road again and seeing new things. We’ll be heading south on a different road. Thank you for your continued support.

  2. $373….nice job Divhut! You double my dividend growth rate for the month haha Did you find yourself remembering the good old days when we were receiving special dividends from Kraft? Man oh man. I am so jealous of your road trip now. My wife and I are going to be making that trip for our one year anniversary, so I’ll have to hit you up for trips. Get ready for some amazing views, great food, great beer, and amazing wine. Man, what isn’t there to love about this! Enjoy your trip.

    Bert
    Dividend Diplomats recently posted…Side Hustles at HomeMy Profile

    • Hi DD,

      Oh yes… I remember the special Kraft dividend very well. That special dividend of $16.50 a share was paid to all Kraft stockholders. It added an additional $897.27 in my taxable account and $552.02 in my ROTH last year. Good times. Of course, special dividends are just that, special. In time, those “special” rates will be our regular dividend income. Where are you planning to go for your road trip? I drove through OH a while back coming from Eerie, PA into Cleveland, then south to Columbus north up through Toledo into MI. I have a friend in Columbus and one in Detroit. We had some crazy views on the way north on our trip. We took the coastal route on the 1 and 101 and now heading south we’ll be on the I5 and plan to stop in Crater Lake, OR, Mt. Shasta in CA and the Jelly Belly factory in Fairfield, CA. While in OR and WA I had my share of beer and coffee. No wine though. We have passed countless vineyards so a tasting might be warranted if baby DivHut allows 🙂 Thank you for the well wishes and comment.

    • Hi ADD,

      Thank you for the encouraging words. While not a huge month for passive income it does reflect a year over year gain which makes me happy. Thank you for commenting.

    • Hi DD,

      I’ll take any increase from PM quite frankly as I’m not really expecting much. That payout ratio has already been high for some time. Oh well, this is why we hold dozens of stocks and not just one. Thank you for your continued support and comment.

  3. Good job. I also have KO and PM in my portfolio and received their dividend payments in July. I am also debating if I should add KMB… Have you ever considered some of the dividend growth stocks like CSCO, QCOM, IBM, TGT, LOW, etc.?

    Enjoy your trip to Oregon and Cal! I just came back from Salt Lake City and don’t need another road trip for a while.
    Early Retirement in 2019 recently posted…Early Retirement In 2016 (Not 2019)My Profile

    • Hi ERi2019,

      KO, PM and KMB are all super solid names. While I like KMB a lot, and it’s been in my portfolio since 2007, I wouldn’t like to add to it at this time. I find it way too expensive at current levels. Among the names you mention, I do not plan on adding any to my long term dividend growth portfolio. If you look at my portfolio you’ll see I do not own any tech names nor retail. Not that they are bad companies or investments, I just don’t like their long term outlook. Tech changes on a dime and retail looks like it’s going through a slow death. Tomorrow we start heading back south and we’ll take about week to get home. Ask me how I feel next week about doing another road trip 🙂 Thank you for sharing your thoughts.

  4. Keep it up Keith. Your family will thank you for being such a responsible dad/husband.
    I respect the family life.
    Congrats on the dividend income and it’s awesome seeing the trend move higher and higher.
    Have fun and take care bro.

    • Hi DH,

      Thank you for those words. I’m just looking out for myself and my family by investing for our collective future. I hope baby DivHut will appreciate what we have done for him once he becomes an adult. As you stated, it is indeed awesome seeing the trend move higher year over year and as long as I can show gains I’m happy. As always, I appreciate your comment.

    • Hi Chris,

      I think July was a more subdued month for every dividend investor. In time, all our dividends will grow. You just need to be patient and stick to the solid known dividend payers that have decent payout ratios. I know it can be disheartening seeing single digit income flow in but you have to admit, even single digits coming in passively is better than zero which is what most people who don’t invest get. Thank you for stopping by and commenting.

  5. Hi DivHut,

    Nice update, looks like you registered another solid month of dividends in July, congrats.
    You and I have a few shared holdings (KO, PM and its spin-offs), not an Altria fan?
    Enjoy the road trip!
    My ambition is to do likewise at some point in the near future, and my portfolio will make it possible 🙂

    Best,

    • Hi FM,

      I was happy scoring a modest year over year gain so there is nothing to complain about. Slow and steady. They can’t all be huge year over monthly gains. I used to own MO a long time ago but have since stuck with PM for the long haul. I have no problems with Altria really. The road trip heading south is moving along fine. We are in Corvallis, OR since yesterday passing Olympia, WA, Portland, OR visiting the Columbia River Gorge and the Multnomah Falls and others. Tomorrow it’s Crater Lake as we continue south. Thank you for commenting.

    • Hi PID,

      It’s all about the year over year growth. We may quibble about how much year over year growth we make but as long as it’s positive I’m happy. It’s really the only real way to measure positive forward growth. Thank you for your continued support.

  6. Hey DivHUT nice income 300 dollars is better than nothing. July is very slow for me on the dividend end, as most of my funds / stocks pay out in the last month of every quarter. Keep up the work and Ill try to find a few value buys that pay in the first month of the quarter to balance out my dividend income going forward.
    EL @ Moneywatch101 recently posted…What is Debt?My Profile

    • Hi EL,

      It’s kind of tough to balance out dividend payments equally as most do pay during the end of quarter months. Still, it’s not reason enough to buy a stock just because of a payment schedule. As you said, an income of $300 is better than nothing which, unfortunately, is what most people earn passively each month. As always, I appreciate your comment.

    • Hi JC,

      Around $400 for a slow month is not a bad figure indeed. Those varying dividend payment dates happen every now and then which might throw your year over year figures off a bit but in the end it doesn’t matter as long as the dividend gets paid. Usually my IR and ALLE (spin off) get paid the same day on the same month. As I mentioned, it was nothing to concern me seeing a year over year decrease as IR paid me in June. Here’s to a strong second half of 2016. Thank you for commenting.

    • Hi VS,

      There’s little doubt in my mind about the value of owning dividend paying stocks and creating an ever increasing passive income stream. I’m sold on the strategy. Thank you for commenting.

    • Hi OBFW,

      Thank you for your continued support. Always happy to share my passive income stream online. We took the coastal route going north on the 1 and 101 which was amazing. Now we are headed south along the I5. We are in Corvallis, OR since yesterday passing Olympia, WA, Portland, OR visiting the Columbia River Gorge and the Multnomah Falls and others. Tomorrow it’s Crater Lake as we continue south. Thank you for stopping by and commenting.

    • Hi R2R,

      I’m happy with big jumps as much as slow and steady progress. The keyword, of course, ‘progress.’ Always happy to receive your positive words while keeping those dividends “rolling.”

  7. Well my dividends were not even close to that but no worries. They will be soon. Hope your vacation is memorable. I leave for mine this Friday and can’t wait. Someday we will take a 3 weeker and head out to the west coast and hit those states. Always wanted to see the forests and go hiking in the mountains.
    Cheers,
    DFG
    Dividend Family Guy recently posted…July 2016 DividendsMy Profile

    • Hi DFG,

      As long as dividends continue to roll in and are progressing on a year over year basis there is no need to worry about your total amount received. In time, your totals will grow nicely too. So far our road trip is going well. We’ll be visiting Crater Lake tomorrow. The plan was to be there today but sometimes delays or other side trips take precedent. I can tell you that the west coast is an amazing place to drive through seeing the beaches, redwoods and more. It’s truly scenic. Thank you for commenting.

    • Hi FS,

      That’s what dividend investing is all about. Buying and building a solid portfolio than can grow and one day take care of your needs. Why more people are not sold on this investing strategy is beyond me. Thank you for your kind words and continued support.

    • Hi ambertree,

      There’s no doubt that posts like these help push us all along our DGI path. It really reinforces what we are doing when post after post shows year over year gains. I’ll gladly take dividend increases and steady year over year gains without having to do anything. As always, I appreciate your comment.

    • Hi timeinthemarketblog,

      As long as I contribute something each month, reinvest dividends and enjoy dividend increases too, I can expect to show some sort of year over year increase indefinitely. That’s part of the fun of being a dividend growth investor. Thank you for commenting.

  8. Nice month DivHut! It’s going to be fun following your progress as it seems at the moment we’re in very similar places in the journey. July is often a slow month for dividend payers and we only have two overlapping holdings in GE and PM, so all the rest offer a good list of stocks for me to check out.

    • Hi DS,

      Hopefully my list of July dividend payers can offer some sort of inspiration for your own portfolio. I’ll always be happy showing a year over year increase no matter how large or small as an increase is an increase no matter how you look at it. I’m still fishing around for potential August buys. Nothing looks too attractive at current prices and value though. Thank you for stopping by and commenting.

  9. Nice! A 19% increase in your ROTH account! Also I found that out as well that some companies change the payout date, one for me was Walmart. Anyway, it is very nice to see the growth and it always excites me and gets me motivated. Thanks for sharing and keep up the good work!

    • Hi DL,

      Those Canadian banks are really pushing my ROTH numbers though it may slow in the coming months as I have not added to my TD, BNS or RY in a while now. Changes in payout dates/months happen every now and then. Dividends are like clockwork but every now and then the clock might run a little fast or slow. No matter, as long as those dividends get paid eventually. I appreciate your comment.

    • Hi BII,

      I never thought about adding a graph, though it would look nice to chart out my progress. My morale boost comes when I see that I have achieved a year over year increase. Seeing that just reinforces that my investment strategy is working and providing me an ever growing passive income stream. As always, I appreciate your comment.

    • Hi JP,

      Thank you for those kind words. I know my portfolio is not the highest yielding but it does let me sleep well at night. Thank you for commenting.

    • Hi Jay,

      Long time no see. Good to read your comment. Just moving along as always on my end. Slowly but surely building up my dividend income portfolio. I’m still making buys at least once a month which has slowed a lot as the market marched upwards but consistency with buying is key. I’m not about to time this market. As always, I appreciate your comment.

  10. Thanks for helping inspire me to become a dividend investor. I never had a focus on buying stocks for dividend purposes. It would be great to have dividends as another stream of income. I did manage to get $42.70 in dividends in July. I think to get started now for myself would be tough with stock values being so high. Thanks for sharing your portfolio!

    • Hi CL,

      I’m happy that my blog and real world dividend portfolios could help inspire you on your own dividend growth journey. Over time, you can witness first hand the very real and measurable results of a growing passive income stream. Congrats on your July dividend income total. It’s a nice feeling seeing cash being put into your account passively. In time, you should be able to measure your own year over year growth as long as you stay consistent with your buys, diversify, don’t chase fantasy yields and stick to sustainable (moderate to low payout ratios) dividend paying stocks. Thank you for commenting.

    • Hi DL,

      Thank you for you kind words and continued encouragement. As long as I can post year over year growth with each dividend income report I’ll be a happy camper no matter what the dividend payout schedules are. Thank you for commenting.

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