Dividend Income Update – June 2015

With half the year officially under our collective belts a clearer picture of our full year of dividend income comes into view. June, of course, is a favorite month among dividend investors as end of quarter months usually signify higher than average passive income. I’m curious to see how the next quarter of dividends totals up as June was a busy month for me as I completed eight separate buys which was much higher than my usual one or two buys I make in a month. No doubt, my increase in June activity will reap bigger dividends in the coming months. I have yet to make my July buys but with all this market volatility many names from my July stock considerations list are looking significantly more attractive with Dover Corporation (DOV), The Toronto-Dominion Bank (TD), The Bank of Nova Scotia (BNS) and even Royal Bank of Canada (RY) enticing me. Time will tell where I ultimately deploy my July cash. With that being said, let’s take a look back at my June dividend income.

 

Dividend income from my taxable account totalled $316.02 up from $261.26 an increase of 20.96% from June of last year.

 

Dividend income from my ROTH account totalled $74.54 up from $53.37 an increase of 39.67% from this time last year.

 

Dividend income from my IRA account totalled $11.60 up from $0 from this time last year.

 

Grand total for the month of June: $402.16.

 

Who says dividend growth investing doesn’t work? Just look at the figures above and see what fresh capital, dividend raises and compounding can do to year over year income.

 

Brokerage Account

Year to date dividends: $1,540.35

DateDescriptionSymbolAmount
06/01/2015DIVIDEND:AFLAFL$65.94
06/01/2015DIVIDEND:BMSBMS$6.65
06/01/2015DIVIDEND:GWWGWW$6.25
06/01/2015DIVIDEND:WFCWFC$14.03
06/08/2015DIVIDEND:SOSO$19.15
06/09/2015DIVIDEND:JNJJNJ$27.31
06/10/2015DIVIDEND:EMREMR$18.61
06/11/2015DIVIDEND:ADMADM$2.90
06/12/2015DIVIDEND:MMMMMM$24.26
06/15/2015DIVIDEND:EDED$45.00
06/15/2015DIVIDEND:DOVDOV$2.64
06/15/2015DIVIDEND:MCDMCD$19.78
06/19/2015DIVIDEND:VFCVFC$10.62
06/22/2015DIVIDEND:DD$21.08
06/30/2015DIVIDEND:BDXBDX$12.11
06/30/2015DIVIDEND:PEPPEP$16.90
06/30/2015DIVIDEND:ALLEALLE$2.79
Total: $316.02

 

ROTH Account

Year to date dividends: $448.49

DateDescriptionSymbolAmount
06/03/2015DIVIDEND:ULUL$14.37
06/09/2015DIVIDEND:JNJJNJ$6.32
06/10/2015DIVIDEND:EMREMR$24.70
06/12/2015DIVIDEND:MMMMMM$9.56
06/15/2015DIVIDEND:MCDMCD$9.06
06/30/2015DIVIDEND:PEPPEP$10.53
Total: $74.54

 

IRA Account

Year to date dividends: $24.49

DateDescriptionSymbolAmount
06/30/2015DIVIDEND:VTRVTR$11.60
Total: $11.60

 

Are any of these dividend stocks in your portfolio too? How was your June dividend income? Please let me know below.

 

Disclosure: Long all above

56 thoughts on “Dividend Income Update – June 2015

  1. From my early perspective as a DGI, it is really encouraging to see your success. And I imagine it is a great feeling to have had ‘checks’ come in almost daily from these companies in June. Nice work!

    • Hi Dylan,

      I’m glad that my dividend income updates can give you encouragement to follow your own DGI journey. As many in the community state, “the proof is in the pudding,” and “dividends don’t lie.” This is actual real cash that is distributed and can be quantified on a month to month basis so you can follow and track your own progress. Sure, portfolio values will go through boom and bust cycles but my main concern is building an ever increasing passive income stream rather than just accumulating assets. Long term, income producing assets will always be better than simply having assets. I had to laugh a little when you wrote about receiving ‘checks’ because my first dividend I ever received was an actual check that arrived in the mail. Thank you for stopping by and commenting.

    • Hi divorcedff,

      A raise without having to lift a finger is always welcome. I think I have to start looking at some of the rail companies a little more closely. You are right about that. I know that UNP, NSC, CSX and some of the Canadian rails are quite popular among the dividend community. I just never considered the sector for my own portfolio but after such a major decline I think I should pay attention. The main reason for this was my intention to not add any new names to any of my portfolios at this time. I like to build out my current positions a little more before considering new names. I appreciate your comment.

    • Hi DD,

      Thank you for your words of encouragement. As long as I can post those great year over year increases I’ll be happy. Glad you like my collection of companies as well. I never took on too much risk when building out my portfolio as high yield MLPs, REITs, mREITs, BDCs and the like never enticed me. I focused on lower yielding long term dividend growers instead. Only in recent months have I started to nibble in the health REIT sector in my IRA and even then I spread out my investment over the big three health REITs, HCP, HCN and VTR. As always, I appreciate your comment.

    • Hi TMS,

      Thank you. I am very happy with my June results. You name a few great stocks to consider adding in July. I own all three and think EMR might be one of the better buys at this time. It certainly has come down quite a bit in the last couple of months and is a solid long term dividend payer as the others you mention. Thank you for stopping by and commenting.

  2. Great job DH! Solid growth numbers across the board and with all the purchases you made in June your 2nd half dividends will be that much better. Im liking this volatility and now that my cash is moved to my brokerage account I’m ready to make a purchase or two. Its pretty amazing what can happen when you combine capital, dividend growth, and time. Keep up the good work.
    JC recently posted…Will United Parcel Service, Inc. Continue to Deliver the Dividends?My Profile

    • Hi JC,

      Thank you for your kind words. I’m curious to see how the next quarter shapes up because of my unusually high June buys. It’s all about planting seeds for the future. Look forward to reading about some of your July buys. The market has been giving us some better deals in recent weeks. Let’s see where the money flows. Thank you for stopping by and commenting.

    • Hi ADD,

      Great job with your June income. Those end of quarter months sure are the most fun to report. I’m curious to see how the second half of 2015 finishes. Not that I’m rushing. I do enjoy my time and want to savor every moment but you have to admit these dividend income updates are the most fun to write and read. As always, I appreciate your comment.

  3. DivHut,
    Nice numbers! You have a good snowball growing.

    My dividends total is just over $120 for June. I added more EMR and a new position with MMM recently which should hep my “future” June numbers.

    Thanks for sharing and keeping us motivated investing in div stocks

    D4s
    Div4son recently posted…Recent Buys (Again)My Profile

    • Hi D4s,

      No doubt the snowball effect is taking hold. Congrats on your dividend totals as well. Love EMR and MMM. EMR has come down quite a bit in recent weeks and looks attractive to me as well this month. I’d love to add to my MMM as well but at slightly better price/valuation. Happy to be a part of our collective online motivational support. No doubt we are all on the same journey just at different points on the path. Thank you for commenting.

    • Hi R2R,

      Thank you for your continued support. Always happy to share these passive income reports. Thank you for stopping by.

    • Hi Tawcan,

      Thank you for your kind words. Reporting the year over year increases just provides me more motivational juice to keep doing what I’m doing. Congrats on your great month for dividend income as well. It’s always fun watching passive income grow. Thank you for stopping by and commenting.

  4. Keith,
    Still making good progress, I see. June is a great month for dividends. We exceeded $2K this month! My goal is to average $2K per month, but we are quite a ways from that as the end of quarter months are much higher than the other 2. We might hit our goal in the next couple of years if companies keep raising their dividends like they did the last 12 months.

    What stocks do we hold in common? JNJ, PEP, BDX, SO, MCD, UL, MMM, and VTR. We have been buyers of REITs and utilities of late, including WPC and WEC. We also bought UNP as suggested by divorcedff, above.

    All in all, another great month for us all.
    Best wishes,
    Keith

    • Hi KeithX,

      Awesome dividend income for your June! My next goal, though a while away is to average $1K a month in dividends. It’s amazing that not that long ago my first goal was simply getting to $100 a month average income.

      Happy to hold quite a few names in common between our portfolios. Always nice to see when your picks are found in many other portfolios. For now my concern is to build up the positions I already have in my portfolios. I’ll consider new stocks again but for now still want to add to my ADM, DOV, HCP, HCN, VTR and Canadian banks. Of course, if other names in any of my portfolios go on sale I’ll be adding to those as well. The rails do look interesting and I know UNP has been quite popular as of late I just never had it on my radar. As always, I appreciate your comment.

      • Yep, stick with your plan. We also hold HCN and I was tempted to add to the position today as the stock price declined. Close to a 5% dividend which wouldn’t be a bad place to pick up some additional shares.

        • Hi KeithX,

          The yield on many health REITs look enticing at current levels. I still think we’ll get much better pricing once interest rate hike chatter hits the headlines once again.

    • Hi BF,

      Thank you for your support. It’s much appreciated. I think every dividend investor looks forward to tallying up the previous month dividend totals. We’ll see what July brings in. Thank you for stopping by.

    • Hi Adam,

      Thank you for your support. It’s always nice to see the sources of those dividend distributions. This way others can compare portfolio similarities and amounts distributed. Thank you for commenting.

    • Hi DE,

      The whole point of joining this online community was to share real world portfolio holdings, buys, sells and dividend income as well as other inspirational writings. I’m glad that DivHut and these updates can provide you with the motivation to see what is possible with incremental and consistent dividend investments in high quality companies while not “freaking out” every time the market hiccups. As always, I appreciate you stopping by.

  5. Great job on monthly dividend income! I like how you show the power of dividend growth investing by posting the percentage increases. I’ve seen similar results from my portfolio as well. I honestly believe that dividend investing is like planting your very own money tree. The key factors for success as you mention are adding fresh capital on a regular basis, re investing your dividends and getting the bonus of annual dividend increases. I look forward to reading your next report!

    Take care and have a great weekend!
    My Road to Wealth and Freedom recently posted…The Joy of Being a Dividend InvestorMy Profile

    • Hi MRtWaF,

      I always like to talk about the trifecta of dividend investing. Over time, it can be a very powerful force in accumulating assets as well as providing an ever growing passive income stream. Keep planting those seeds every month and before you know it you’ll be reaping much more than you sowed. Thank you for stopping by and commenting.

  6. DivHut,

    Great month right there! June was indeed a good month for many, including me. July is proving to be quite interesting thus far with the drama in the market. I’m hoping for some better valuations, only time will tell. No matter though since our dividends will keep paying us. Thanks for sharing.

    – HMB
    HMB recently posted…July Recent BuyMy Profile

    • Hi HMB,

      You have a great attitude about being a dividend investor. The reality is that no matter what the market does or what the headlines read our only concern is making sure those dividends keep rolling in. EMR is starting to look interesting to me since it has come down quite a bit in recent weeks. Many industrial plays have dropped with all the Greece/China drama. Is this the end of the world? Probably not. Just some extra volatility for us to take advantage of. Thank you for stopping by and commenting.

    • Hi R2R,

      That’s the plan. Keep planting dividend seeds each month and reap the rewards in the future months. Thanks for your continued support.

    • Hi NNL,

      I’m a patient guy and as long as I can make monthly investments I’ll be a happy camper knowing that I’m accumulating income producing assets. Earning $1K a month is my next long term goal for my portfolios. I know it’s still a while away but as you stated it will eventually come. Thank you for stopping by and sharing your income sources.

    • Hi DD,

      Thank you for your continued support. The end of month quarters are always the most fun to report. Thank you for stopping by.

    • Hi DD,

      June was definitely a nice month for earning passive dividend income. I always enjoy seeing the year over year growth as it shows the true power of compounding, adding fresh capital and dividend increases along the way. Thank you for your continued support and for commenting.

  7. DivHut,

    Solid month and some great buys that will no doubt keep compounding those dividends for you. I’d like to increase my exposure to the Canadian banks myself soon. Keep up the good work!

    AAI

    • Hi AAI,

      Always appreciate the kind words and support. The Canadian banks are looking attractive once again. I’m still liking TD, BNS and RY in July. Seems like this little Greece/China thing is giving us some better buying opportunities. Thank you for stopping by and commenting.

  8. Congrats on another great month DivHut. Over $400 from all three accounts is awesome! Your income stream is growing quite nicely. Way to also add to future dividends with your 8 buys throughout the month. Keep up the momentum my friend.

    Cheers to your growing passive income stream! AFFJ
    A Frugal Family’s Journey recently posted…RECENT BUY – (NYSE : CVX)My Profile

    • Hi AFFJ,

      Thank you for your continued support. June was a big month in more ways than one with that great dividend income and a lot of buys. I knew that I wouldn’t be able to keep up that investment pace in July but I’ll be making July buys nonetheless. I’m curious to see my next quarter results based on a pretty large June buying month. As always, I appreciate your comment.

    • Hi ARB,

      These raises really put things into perspective as most jobs give a 3% raise year to year if you’re lucky. Rarely do jobs give us 20% increases in pay. Just another joy of being a long term dividend investor. Thank you for stopping by and commenting.

    • Hi Dividends,

      Thank you for your support. Always happy to share my results and track my own progress as well as the progress of others. Being a dividend growth investor is an easy way to quantify and track results. Thank you for stopping by and commenting.

    • Hi Sebastian,

      I have a long term outlook for my portfolios which I can measure in decades. As long as my dividend income increases year over year I’ll be a happy camper. All this market volatility has definitely given us some better buying opportunities. I appreciate your comment.

    • Hi AT,

      The truth is that a DGI strategy can provide an ever increasing income stream that can, in theory, last for generations. As I always state, “dividends don’t lie,” and a DGI strategy is very quantifiable. Thank you for your kind words and for commenting.

  9. Nice portfolio, I have many of the same. I was intrigued by ALLE. I hadn’t seen this previously and looked it up, I think I’ll take a further look at that one and wanted to know how you go about deciding what to purchase.

    Thank you.

    • Hi Amy,

      Thank you for the compliment regarding my portfolio. I have built my portfolio on the premise of chasing dividend growth rather than current yield. My portfolio may not offer as high a current yield as others you might see online but the dividend payments are considered safe. I received shares of ALLE as a result of a spin off from IR. I kept the shares as the spin off continued to pay out a dividend but have not added to my ALLE position since the shares were added to my portfolio. I would like a little longer dividend history before thinking about an investment in ALLE. These days, I mostly add to my current holdings in my portfolio looking for in order of importance 1) opportunities to average down, 2) attractive value and 3) attractive yield. Every now and then I do look to add new names to my portfolio in which case I first look at 1) dividend growth history, 2) payout ratio and 3) valuation. I have stocks on my watch list that I may consider adding but for the foreseeable future it seems like I’ll be focusing on what I already own unless some stellar investment opportunity comes along. Hope this answers your question.

  10. Keith,

    Great to see you’re still going strong! Impressive growth and overall numbers, keep it up.

    I’ve said it before, but I love how well-thought-out your portfolio and passive income is. You’ve done a tremendous job and I’m glad to see a couple of names on your list that also belong to my portfolio.

    All the best,
    NMW

    • Hi NMW,

      Thank you for your continued support and words of encouragement. As you already know, I have built my portfolio chasing dividend growth more so than current yield. Only in recent months did I venture into the REIT space for a little “yield juice” but otherwise I continue to focus on solid long term dividend payers. Thank you for stopping by and commenting.

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