The start of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. July was exciting as ever as my year over year numbers continue to highlight the trifecta magic of dividend investing which includes, adding fresh capital, dividend raises and basic compounding to create an ever increasing passive income stream. Even if I stopped adding fresh capital today and every dividend stock I owned kept all distributions flat, without a single raise, my passive income stream would continue to grow. With that being said, let’s take a look back at my July 2022 dividend income.
| Date | Symbol | Description | Amount |
|---|---|---|---|
| 07/01/2022 | UGI | U G I CORP | $1.08 |
| 07/01/2022 | KO | THE COCA-COLA CO | $56.86 |
| 07/05/2022 | KMB | KIMBERLY CLARK CORP | $74.85 |
| 07/05/2022 | GSK | GSK PLC ADR | $15.69 |
| 07/08/2022 | CB | CHUBB LTD F | $7.47 |
| 07/11/2022 | MO | ALTRIA GROUP INC | $319.94 |
| 07/14/2022 | ITW | ILLINOIS TOOL WORKS | $71.26 |
| 07/14/2022 | MDLZ | MONDELEZ INTL CLASS A | $11.26 |
| 07/15/2022 | PM | PHILIP MORRIS INTL | $194.48 |
| 07/15/2022 | CAH | CARDINAL HEALTH INC | $31.62 |
| 07/15/2022 | JCI | JOHNSON CONTROLS INTER | $41.65 |
| 07/15/2022 | LEG | LEGGETT & PLATT INC | $20.38 |
| 07/25/2022 | GE | GENERAL ELECTRIC CO | $7.60 |
| Total: | $854.14 |
I have to say I’m quite pleased with my July totals. Not too far from that coveted four digit milestone too. The proof of our dividend investing strategy rests in these real results even with big stinkers like GE and KHC and BP and WFC and YUMC all cutting dividends at some point. Whatever… This is why we diversify! After all, dividends don’t lie. It’s real cash being returned to investors. With patience and consistency these results and better can be achieved. Just remember, sometimes investing with blinders on can be beneficial as it blocks out the constant noise we are bombarded with on a daily basis and keeps you focused on the job at hand which is to keep investing, not falling for market timing traps, diversifying, not getting shaken out of the market when it tumbles and just creating a solid, ever growing passive income stream.
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
Sweet month DH! We are both in the $800’s dividend club in July. Love seeing the passive income grow each year. Keep up the great work! 🙂
My Dividend Dynasty recently posted…July 2022 Dividend Income Plus the $13K Mark
Hi MDD,
Thanks for those kind words. Being in the DGI game all these years we already know that staying in the market and growing that passive income beats the unknowns of day to day trading. Dividends, even with cuts, tend to grow over time.
Nice month DV, we share some names in July. Nice to see the dividend keep growing.
Dividend Pursuit
Hi DP,
Thanks! I know that we always look forward to tallying our passive income each month. That is one of the fun things about “boring” dividend investing.
Awesome month DH! Love seeing you pushing up near $1k in dividends. And really love seeing those MO and PM dividends. I’ve definitely had my fair share of stinkers but the trend over time is still headed in the right direction. We crossed $700 for the first time ever for a July for our main portfolio and over $1k for all of our accounts. We’re working on building up our ITW position after initiating, finally, back in June. It’s a far cry from the dividends that your position spits out but we’re inching closer!
JC recently posted…Dividend Increase | Republic Services $RSG #Dividend
Hi JC,
MO and PM are my heavy hitters. Ideally, I’d like to even out my passive income sources a bit more. In the meantime, I continue to look for those juicy yields and add fresh capital when I can. It’s all about those incremental shares we add that boost our monthly payouts. Keep locking in to ITW and other strong dividend payers.