Dividend Income Update – July 2014

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

Total: $152.69


ROTH Account

Year to date dividends: $236.23

Total: $38.12


Disclosure: Long all above

37 thoughts on “Dividend Income Update – July 2014”

  1. 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, 2014My Profile

    • 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.

    • 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.

    • 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.

    • 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.

    • 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.

    • Hi DFG,

      Glad you had a good month as well. Dividends definitely stabilizes any stock portfolio. Look forward to your updates. Thanks for commenting.

    • 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.

    • 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.

    • 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.

    • 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.

    • 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.

    • 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.

    • 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.

    • 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.


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