We all know what it’s like to come off our June highs of dividend income and report on less than spectacular numbers for July. It’s all part of dividend investing as we covet those end of quarter months the most and are often less enthusiastic about the first month of every quarter. As long as we can report progress each month and our annual goals are intact, who cares. With that being said, let’s take a look back at my July 2017 dividend income.
Dividend income from my taxable account totaled $253.27 up from $239.92 an increase of 5.6% from July of last year.
Dividend income from my ROTH account totaled $129.56 down from $133.56 a decrease of -3.0% from this time last year. Nothing alarming here as KHC changed its payout schedule which resulted in a year over year decrease in my ROTH.
Dividend income from my IRA account totaled $1.93 up from $0.00 from this time last year.
Grand total for the month of July: $384.76 an increase of 3.0% from July 2016.
Brokerage Account
Year to date dividends: $2,501.48
| Date | Description | Symbol | Amount |
|---|---|---|---|
| 07/03/2017 | DIVIDEND:KO | KO | $39.26 |
| 07/05/2017 | DIVIDEND:KMB | KMB | $42.17 |
| 07/07/2017 | DIVIDEND:JCI | JCI | $23.62 |
| 07/11/2017 | DIVIDEND:PM | PM | $41.17 |
| 07/12/2017 | DIVIDEND:ITW | ITW | $37.41 |
| 07/13/2017 | DIVIDEND:MDLZ | MDLZ | $6.18 |
| 07/17/2017 | DIVIDEND:CAH | CAH | $12.61 |
| 07/21/2017 | DIVIDEND:CB | CB | $6.54 |
| 07/25/2017 | DIVIDEND:GE | GE | $44.31 |
| Total: $253.27 |
ROTH Account
Year to date dividends: $1,045.05
| Date | Description | Symbol | Amount |
|---|---|---|---|
| 07/03/2017 | DIVIDEND:KO | KO | $11.37 |
| 07/05/2017 | DIVIDEND:KMB | KMB | $7.21 |
| 07/11/2017 | DIVIDEND:PM | PM | $7.90 |
| 07/13/2017 | DIVIDEND:MDLZ | MDLZ | $8.34 |
| 07/28/2017 | DIVIDEND:BNS | BNS | $94.74 |
| Total: $129.56 |
IRA Account
Year to date dividends: $326.30
| Date | Description | Symbol | Amount |
|---|---|---|---|
| 07/31/2017 | DIVIDEND:LTC | LTC | $1.93 |
| Total: $1.93 |
So there you have it. A big 3.0% year over year gain which is nothing to complain about. It’s forward progress and I’m well on my way to beating my 2016 annual total. With five months left of investing for the year I’m not at all concerned about this lackluster month. Even with the market grinding ever higher we all know there are plenty of great buying opportunities that seemingly pop up out of nowhere so make the best of it and continue finding those deals. I know I will.
How was your July dividend income? Please let me know below.
Disclosure: Long all above
Three percent may not seem like much but progress is progress. And with KHC moving it should have been higher. As long as you are seeing growth that is what counts. Good names on that list paying you this month. I share a few. Glad you are on your ways to hitting your yearly goals. Thanks for sharing! Keep up the great work!
Dividend Daze recently posted…Dividend Update – July 2017
Hi DD,
It’s true, progress is progress. It could be worse if I showed a year over year decline. I’m still on my way to beating my 2016 totals so I’m happy about that. Thank you for commenting.
Very good month DH. Nice year-over-year increase and you have many great names in your accounts. This was my “off” month as well. Either way, it is good to have your money working for you even on “off” months. Keep up the good work! 🙂
My Dividend Dynasty recently posted…July 2017 Dividend Income
Hi MDD,
It’s always a little let down coming off a June high but as long as I can continue to show progress with my total I am a happy camper. Thank you for your comment and continued support.
First month of a quarter is my slowest month in terms of dividends. I guess fewer companies pay dividend during those early quarter months. It will pick up during rest of the quarter. I see that you don’t have CSCO and WPC, they both pay dividends in July in case you want to beef up your dividend payout for early quarter with these two great companies.
GE is on my watch list, but I will wait to see how the new CEO does.For GE, I want a higher margin of safety and >4% dividend.
All the best,
Mr. ATM
Mr. ATM recently posted…My Half Year Stock Buy Performance Analysis
Hi MATM,
I know my portfolio is lacking tech names like CSCO and others. Perhaps one day I’ll add a name or two in that sector. Not sure if we’ll see a 4% yield on GE if things keep chugging along the way they are. If we get a major market meltdown then that’s another story. As always, I appreciate your comment.
At least you’re moving the right direction! Mine was +2.14% Y/Y, -8.85 Q/Q. On the important metric at least we’re both on target towards beating last year!
Hi Charlie,
That is true. I shouldn’t be upset about putting up higher year over year numbers even if it’s at a lower rate. As you stated, we’re both on target towards beating 2016 which is really all that should matter. Thank you for stopping by and commenting.
Awesome month. You can’t have record breaking months every month. But as long as it is positive you are heading in the right direction.
This month was Good for me collected around 268. Keep it up.
Doug recently posted…July Dividends
Hi Doug,
Always appreciate your comment and continued support. I’ll take my 3% increase over a decline, that’s for sure. Record breaking month or not I’m on track to beating my 2016 totals which is my main goal.
Nice month DivHut, we seemed to have had very similar growth situations this month. Nothing crazy, but steady eddie onward and upward. It’s been a good year so far.
DividendStacker recently posted…July 2017 Passive Income Report
Hi DS,
I guess every month can’t be a monster month of year over year increases. But, I’ll always be happy with a gain than a year over year loss. Slow and steady wins the race but I think we all know that being long term dividend growth investors. Thank you for stopping by and commenting.
Hey DivHut, 3% YOY gain keeps you moving in the right direction. I like the focus with regard to beating last year’s annual total. Also, ITW just rewarded you with a sweet 20% dividend increase, and this is one of your bigger positions if I’m not mistaken…. gotta like that! Keep it going…
Engineering Dividends recently posted…Recent Transactions
Hi ED,
That ITW raise was monster. It’s such an awesome company that, so far, has seemed to be immune from the AMZN effect that has bogged down many other companies including industrial supplier GWW. ITW is was one of my larger positions in my portfolio but I wouldn’t mind adding more to that stock. Keep up the good work on your end. Thank you for sharing your thoughts.
Congrats on solid YoY growth with regard to your monthly dividend income, you are well on track!
I fully agree, despite the bull market there are plenty of investment opportunities. I have to say though that I find it currently much harder to see real bargains (e.g. comparing to last year before the Brexit vote, stock prices of high quality stocks were much more attractive).
I tend to currently hold more cash, just being prepared to pull the trigger in case of a market retreat.
Cheers
Hi FS,
I know you aren’t alone in holding a lot of cash these days. A lot of our peers continue to keep a nice pile on hand in case there is a notable drop in stocks. For me, I’m all about making those consistent buys, reinvesting and just hanging on through the highs and lows. Thank you for your comment and continued support. Let’s keep working hard and grow the rest of 2017!
Hut –
Nice job and I know at times it’s not the increase we want, but like you said – in the right direction. Quite a few solid names up there – thoughts on Cardinal Health at these prices? Making any moves on them? Love them as a company and know quite a few friends that have or do work there, with nothing but the best to say. Curious on your thoughts. Thanks DH, keep on adding income over there.
-Lanny
Dividend Diplomats recently posted…Lanny’s Recent Stock Purchase – Cisco (CSCO) X 2
Hi DD,
I’m starting to like CAH more and more as it continues to slide. It’s still close to my cost basis so I’d like to see a further drop before I add more but I still like it and have it as a consideration for August as it appears to be undervalued at current prices. Keep up the good work on your end. Not to rush the year but I know we’re already looking forward to the September dividend totals. Thank you for commenting.
Nice job Keith. I’m always impressed by the quality stocks in your portfolio.
Investment Hunting recently posted…Recent Options Activity – Profit of $450
Hi IH,
Thank you for those words. For the most part I tend to stick with the known, quality stocks though I do have one new stinker in the mix, TEVA. They are really, really, really hurting these days and it could make a nice rebound from these lows in time. We’ll see. Thank you for stopping by and commenting.
DHut,
I recently got a 3% raise at work. Could I have gotten more? Maybe (probably not, but for good reasons not bad – another bump later this year or promotion or something). But its still above inflation and progress towards the goal.
– Gremlin
Dividend Gremlin recently posted…July Review / August Preview, 2017
Hi DG,
Thanks for putting things into perspective. 3% at work, 3% increase from passive income, it’s all a nice bump no matter how you look at it. Thank you for your continued support and comment.
Dude, $384.76 is awesome!
Things continue to compound and $384.76 compounds really well. =)
I’m loving these stocks,
-Andrew
Wallet Squirrel recently posted…Domain Flipping: Make Money Buying and Selling Domain Names
Hi WS,
Investing fresh capital, reinvesting dividends and dividend growth enables the compounding magic to do its thing. Thank you for your comment and continued support.
Divhut,
Solid month! Lots of solid companies paying you while you enjoy life.
My income in Luly was $67, which is pretty okey comparing $0 for last year, haha.
Btw, for some reason the commentluv function stopped working for me :/
Hi Stockles,
Dividend growth investing certainly takes time and a lot of patience before you start seeing meaningful results. I’m happy with my progress so far in 2017 and by the looks of it so should you jumping from nothing to $60 year over year. Keep building! Not sure why the commentluv was not working for you. Others have posted comments and links. Maybe refresh the page next time it’s not working. Thank you for your comment.
HI Divhut,
again nice income for July. Reaching such high dividend incomes every month, is really impressive!!
Hi DI,
Thank you for your comment and continued support. I should be proud of my results as it took me a long, long time to get to where I am today.
Nice job as always Divhut, any increase is a win, particularly when it’s over $300.
Mr DDU
Dividends Down Under recently posted…Saving for the future: July 2017
Hi DDU,
I totally agree with you. Forward progress no matter how big or small is still progress and I have to be happy with my July results. Thank you for stopping by and commenting.
There is still growth, but your portfolio seems have slowed down. Are you hoarding cash?
Hi Vivianne,
So true. Growth is growth in any amount, right? I am not holding on to cash at all. I have been making my buys consistently every month deploying fresh capital. While my July income has slowed I’m still on pace to beat my 2016 annual total which makes me happy. As always, I appreciate your comment.
Hi DivHut,
Congrats on the increase over last year! Onwards and upwards is always worth celebrating even despite KHC’s schedule change. $4k dividends for the year is awesome too! We have KO and KMB in common this month – CB will no doubt outperform as I sold out of them a while back when reducing my individual stock holdings.
Best wishes,
-DL
Dividend Life recently posted…July 2017 Income Fund update
Hi DL,
Thank you for your continued support. Progress is progress no matter how big or how small and with a 3% year over year gain I know I’m still headed in the right direction. Happy to hear that KO and KMB paid us both last month. I’m thinking about adding to my KMB again. It’s been a while since I bought that stock. As always, I appreciate your comment.
Hi DivHut,
I’m a little late for commenting on this post… Nevertheless, congrats on earning $384.76 in July! A 3% increase is still better than a decrease, and $384.76 is a nice amount of cash to reinvest. My dividend income in July was small compared to yours lol I earned $6.34 and had a bit of a YOY decline because I the time I took off work last year. That said, September is setting up to be my first YOY increase of the year. I’m looking forward to one day being able to report higher dividend income levels like you. Thanks for sharing!
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Hi RTC,
Better late than never. I appreciate your comment at any time 🙂 You are correct that a 3% increase is better than a decrease and I am happy to achieve that mark. Look forward to seeing your September results as I’m sure every DGI blogger is as well. We all love those end of quarter months the most. Keep building up your passive income stream dollar by dollar. This is a marathon for sure. Thank you for stopping by.
Nice income! 3% growth is good, any growth is good! Best wishes
Hi HHaWG,
You said it. I can’t complain about forward progress, even if it’s small. I’ll take it. As always, I appreciate your comment.