It’s the beginning of the month which means 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 two dividend income portfolios.
Brokerage Account
Year to date dividends: $1,268.80
| Date | Description | Symbol | Amount |
|---|---|---|---|
| 07/01/2014 | DIVIDEND:KO | KO | $26.59 |
| 07/02/2014 | DIVIDEND:KMB | KMB | $28.18 |
| 07/02/2014 | DIVIDEND:JCI | JCI | $14.38 |
| 07/08/2014 | DIVIDEND:ITW | ITW | $22.66 |
| 07/11/2014 | DIVIDEND:PM | PM | $27.15 |
| 07/14/2014 | DIVIDEND:MDLZ | MDLZ | $4.34 |
| 07/15/2014 | DIVIDEND:CB | CB | $7.19 |
| 07/25/2014 | DIVIDEND:KRFT | KRFT | $8.46 |
| 07/25/2014 | DIVIDEND:GE | GE | $13.74 |
| Total: $152.69 |
ROTH Account
Year to date dividends: $236.23
| Date | Description | Symbol | Amount |
|---|---|---|---|
| 07/01/2014 | DIVIDEND:KO | KO | $8.52 |
| 07/02/2014 | DIVIDEND:KMB | KMB | $5.71 |
| 07/11/2014 | DIVIDEND:PM | PM | $6.24 |
| 07/14/2014 | DIVIDEND:MDLZ | MDLZ | $5.86 |
| 07/25/2014 | DIVIDEND:KRFT | KRFT | $11.79 |
| Total: $38.12 |
Disclosure: Long all above
As always…GREAT WORK!
Regards,
DD
Dear Dividend recently posted…I’m on My Way…Home Sweet Home!
Hi DD,
Thanks for the positive encouragement. Onward and upward!
DivHut,
That is another solid month of dividends. You almost broke the $200 mark for total dividends in July. I want to also compliment you on the solid companies you have chosen in your portfolio. I own KO, MDLZ, and GE. I would like to own the other companies you have mentioned in the future when a buying opportunity presents itself. Best regards and keep up the great posts!
DividendMongrel recently posted…Dividend & Interest Earnings-July, 2014
Hi DM,
Thank you for stopping by and commenting. I’m pretty happy with the progress compared to last year and first quarter of this year. Happy to be a fellow shareholder as well with you in several of the names you mentioned. Always keep some dry powder and never be fully invested. Opportunities to buy at better prices always come up and it would be a shame if you didn’t have some cash on the sideline. One of my rules is to always have cash waiting. Yes, it bother me that I earn pennies in the meantime, but when the time comes to buy I always can.
Another great month of dividend income. Congrats, DH.
Keep up the great work
R2R
Roadmap2Retire recently posted…Chatter Around the World – 55
Hi R2R,
Thank you for the kind words. One of my favorite things to do is compare YOY change in dividend income and so far I am not disappointed.
Keith,
Congrats on some great dividend income this month from very solid companies. This is what it’s all about. There is nothing more satisfying than watching passive income go up and up through the months. Keep at it!
All my best,
Ryan
Ryan @ My Dividend Growth recently posted…Growth Update: July 2014
Hi MDG,
I share your sentiments exactly. Keep doing what you do in life and feed the dividend beast as often as you can and watch it grow. As you know, my portfolio is built on some very solid companies without any REITs or MLPs, not that I’m against them or anything. I just prefer a SWAN (Sleep Well At Night) portfolio. I do like health care REITs though if I had to choose. Thanks for stopping by.
Congrats on a great month with some solid dividend paying companies!
Do you have any criteria on owning a stock in your Roth IRA vs. holding it in taxable?
Keep up the great work!
-DL
Dividend Life recently posted…July 2014 Summary – The good, the bad and the … concert?
Hi DL,
Thank you for stopping by and commenting. I wanted my ROTH to be a subset of my main taxable brokerage account. I try to limit the number of companies owned because it becomes increasingly difficult to monitor more and more companies. That being said I do not have a specific number of stocks I’d like to own rather a general guideline of somewhere in the 30s. Several of the stocks in my portfolio I never bought and were the result of stock spin offs such as, ALLE, MDLZ & ABBV. My ROTH, in my opinion, holds some of the companies I thought would present the best growth and dividends as well. It’s not inclusive of everything I’d like to own as there are so many other great companies I’d like a piece of but do not own yet. Only so much capital and time to invest and sometimes you have to make a choice.
I can tell you that I am seriously considering adding some or all of the large Canadian banks (TD, RY, BNS, BMO, CM) to my ROTH account because of the tax advantages of owning Canadian stocks in retirement accounts. These would all be new positions and increase the total number of companies I own.
Great work! I love receiving dividends! 🙂
If I were you I’d totally invest in Canadian banks. They are pretty solid compare to US banks.
Tawcan recently posted…Weekend Reading
Hi Tawcan,
Thank you for the encouraging words. I’m waiting a bit to see where pricing takes many of the large Canadian banks. But they all do seem interesting and I am light on banks in my portfolio as I only own WFC. Thanks for commenting.
Great progress! July is typically a slow month for me. You’re well on your way to reaching $2k. Keep up the great work.
Cheers!
Henry @ Living At Home recently posted…Net Worth Update – June 2014
HI LAH,
Thanks for the words of encouragement. It’s all steps for each of us. Thanks for stopping by.
Keep up the good work DHut! I had a good month as well. Seeing those dividends roll in keeps me from worrying about any stock price fluctuations.
Dividend Family Guy recently posted…Analysis of ConocoPhillips (COP)
Hi DFG,
Glad you had a good month as well. Dividends definitely stabilizes any stock portfolio. Look forward to your updates. Thanks for commenting.
Portfolio looking solid. Lots of payers this month. You have a few names I should really be checking out. Keep up the good work!
Asset Grinder recently posted…July 2014 Dividend and Monthly Report Update
Hi AG,
Thanks for stopping by and commenting. As you can see I favor very solid stocks and have no growth in my portfolio. It helps me sleep at night. I am on the lookout for Canadian bank stocks for my ROTH. I’ll see if I pull the trigger this month or not.
may ask , what are the credit ratings for your DIVHUT picks ?
Hi Gabriele,
Are you referring to the credit ratings of each company in my portfolio? I’m not sure what you are asking. Feel free to send me an email with any specific question you may have. https://divhut.com/contact/
DivHut,
Great month of dividend income there! And I’m happy to be a shareholder with you in four of those companies. 🙂
Keep up the great work!
Best wishes.
Dividend Mantra recently posted…Freedom Fund Update – August 2014
Hi DM,
Glad you stopped by and commented. Gotta love that growing passive income. I’m curious to see what August buys you have in store.
Congrats on another great month. Lot of common stocks between our portfolio and looking forward to buy PEP/KO in August if prices cooperate.
DGJ
Dividend Growth Journey recently posted…Dividend summary for July 2014
Hi DGJ,
Thanks for the kind words. August will be an interesting month after that steep drop in late July. I’m curious to see what other bloggers will be buying in August.
Another great month DivHut…Thanks for sharing. I see you hold some of the same shares in both your brokerage and Roth IRA accounts, but who can argue with having too much quality right. 🙂 Keep up the good work my friend.
Wishing you continued success on your journey! AFFJ
A Frugal Family’s Journey recently posted…Dividend Stocks Portfolio (Update) – August 2014
Hello AFFJ,
Thank you for the kind words of encouragement. The way I figure, stocks that are good enough for my brokerage account are good enough for my ROTH. I do plan on adding some Canadian banks to my ROTH though in the future. Let’s see how the price action follows in the coming weeks. Thanks for commenting.
Great dividend income. I checked your overall income and it is growing nice. Besides options I like dividend investing for this reason. 10 years from now, you will have a great chunk of income pouring into your account without you working for it. Good job.
Martin recently posted…July 2014 results brought the highest income ever, but net-liq got hammered hard
Hi Martin,
As with any dividend investor the beginning of the month is always fun and a great way to check your dividend income progress. Step by step and, as you say, 10 and even 20 years from now I hope I’ll be able to look back and be happy with my decision to start investing in dividends. I get your options trades in my inbox every time you post and I am watching. I need to dedicate some time to paper trade and get a feel for it. You seem to have found your mojo with options trades. Thanks for commenting.
Nice job! looking forward to see your portfolio grow overtime. I’m trying to do the same too.
J @ the expat investor recently posted…July 2014 Net worth
Hi J,
Thanks for the kind words. It’s all baby steps building on our ever growing foundation of dividend income. Keep feeding the beast as much as you can and in the future the beast will be your guardian.
Nice income! So the total was $190.81, awesome!!
Just think, you make that, or close to that, or possibly more than that, FOREVER. Really great work:)
Hi SS,
Thanks for the words of encouragement. Step by step the dividend income grows and that’s what it’s all about. Please check back with my updates on the blog. Thanks for stopping by and commenting.
Thanks for sharing this with us, it’s great to see everyone’s investment approach, especially when people are brave enough to share the exact details.
Hi GFC,
I have to agree with you about the great transparency many of the financial bloggers have. I believe it makes the dollars and cents more realistic when you publish real life results. Thanks for stopping by.
Great progress.
Hi Andrew,
Thank you very much for the words of encouragement.