Dividend Income Update June 2019

The beginning 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. No doubt, these are the best posts to write and read online as it only provides further proof that dividend investing can work over time and that anyone can create an ever growing passive income stream. Looking back at my June totals I see that my year over year progress is moving at a nice clip. Now that half of 2019 is in the books my annual dividend income picture is looking a lot clearer. With that being said, let’s take a look back at my June 2019 dividend income.

Dividend income from my taxable account totaled $885.03 up from $792.95 an increase of 11.6% from June of last year.

Dividend income from my ROTH account totaled $185.87 up from $178.06 an increase of 4.4% from this time last year.

Dividend income from my IRA account totaled $5.72 down from $5.78 from this time last year. A decrease of -1.0%.

Grand total for the month of June: $1,076.62 an increase of 10.2% from June 2018.

Brokerage Account

Year to date dividends: $3,817.99

06/03/2019AFLAFLAC INC$98.01
06/03/2019GWWWW GRAINGER INC$20.16
06/03/2019WFCWELLS FARGO BK N A$18.90
06/06/2019SOSOUTHERN CO$94.86
06/07/2019AMGNAMGEN INC.$2.90
06/07/2019PFEPFIZER INC$17.64
06/07/2019YUMYUM BRANDS INC$24.78
06/11/2019JNJJOHNSON & JOHNSON$41.80
06/12/2019MMM3M CO$34.56
06/14/2019KHCKRAFT HEINZ CO$23.60
06/17/2019DOVDOVER CORP$22.08
06/17/2019MCDMC DONALDS CORP$32.48
06/20/2019DDOMINION ENERGY INC$87.16
06/20/2019VFCVF CORP$28.56
06/28/2019IRINGERSOLL RAND PLC F$47.17
06/28/2019PEPPEPSICO INC$33.43
Total: $885.03

ROTH Account

Year to date dividends: $1,224.61

06/07/2019PFEPFIZER INC$3.24
06/07/2019YUMYUM BRANDS INC$7.14
06/11/2019JNJJOHNSON & JOHNSON$7.60
06/12/2019MMM3M CO$12.96
06/14/2019KHCKRAFT HEINZ CO$14.40
06/17/2019MCDMC DONALDS CORP$12.76
06/20/2019VFCVF CORP$20.91
06/28/2019PEPPEPSICO INC$19.10
Total: $185.87

IRA Account

Year to date dividends: $510.49

06/28/2019Cash DividendLTCLTC PROPERTIES, INC. REIT$5.72
Total: $5.72

As mentioned in my Recent Stock Purchase May 2019 post, I moved all (Mrs. DivHut, baby DivHut and myself) accounts to Schwab because I was offered free trades for twenty years. Going forward my portfolio will change slightly as shares held in her account have been moved over towards our collective accounts. I’ll still be reporting monthly totals as always but you’ll notice some larger holdings in MO, PM, GE, KHC and BP that she held in her account going forward. The portfolio page has been updated to reflect all our holdings. In fact, in this report you can see an LTC payment in our brokerage account. I always held my REITs in an IRA. In time, I’ll probably adjust our holdings especially the monster BP position she has. Bottom line, individual or combined, the proof of our dividend investing strategy rests in these real results. 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. I’m excited to see what the second half of 2019 will bring. All I know for certain is that the market will definitely be higher, lower or flat come New Year’s Eve! In other words, I’ll continue with my monthly buys and slowly build up my passive income stream share by individual share and let the experts worry about what might happen.

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

38 thoughts on “Dividend Income Update June 2019”

  1. Free trades are good. Did I tell you free trades are good? Lol. Good job great amount brought in. You can definitely see the results over time. We finally have a stock in common in this month. Keep it up.
    Doug recently posted…June 19 DividendsMy Profile

    • Hi Doug,

      I don’t trade frequently but having free trades is nice as it will allow me to buy in very small increments should I choose and it will let me sell very small positions I have from spin offs etc. Let’s keep it going strong for the second half of the year!

  2. Good stuff, DivHut. Congrats on the dividend income.

    Oh & if you havent checked, I just posted the Top Picks update and you are leading the pack with your BTC pick 🙂 Hope you own some and are enjoying the great returns YTD.


    • Hi R2R,

      Always appreciate the comment and continued support. These posts never get old among our DGI peers. Thanks for that heads up too with the Top Picks post. I am a BTC hodler and have been dollar cost averaging for over two years. No complaints from me.

    • Hi MDD,

      Thanks for those kind words and continued support. Hitting four digits is always a good feeling. Let’s keep it going in the second half of 2019.

    • Hi DD,

      Progress is progress. Sometimes I hit double digits and sometimes I don’t. As long as I see growth I am happy. Congrats on the ABBV pick up. I know many of our DGI peers have added to that stock after its huge drop.

  3. Solid dividend income and I have a Schwab account as well. I’ve used a lot of brokers in the past but Schwab has consistently had the best platform and deals. Free trading for 20 years is hard to pass up… although, that’s probably the way it’s headed. Robbin hood has disrupted the brokerage industry.

    • Hi FF,

      These old brokerages already see the writing on the wall. Commissions are racing towards $0 for all of them and they know it. To attract customers they know what needs to be done. In the meantime, it will help me as I no longer have to worry about investing a certain amount to make my commissions cheap. If I want to buy one share or one hundred it’s all the same. Thank you for stopping by and commenting.

  4. Awesome stuff Keith! A comma month and 10%+ year over year growth. Love seeing how consistent you are with your purchases. Every month like clock work there’s at least one sizable purchase coming from you to keep that dividend snowball rolling.
    JC recently posted…Recent Buy (7)My Profile

    • BTW, just re-read through the article and holy crap that’s a monster position in BP. Guess you’re hoping for oil to spike!

      • Hi JC,

        That BP position is huge. As you have been following me for a while you know I never held any energy names in my DGI portfolio. That BP position was brought over from Mrs. DivHut when we consolidated all our stocks into Schwab. She has owned BP for over a decade, in fact before the Gulf explosion in 2010. It’s a legacy stock she used to generate her own passive income but going forward I am not comfortable with that size position. We’ll figure some way to trim that holding. In the meantime, we’ll collect those dividends.

    • Hi JC,

      Ever since going the DGI route I made it my mantra to make consistent monthly buys no matter what the headlines are reading. It has worked out well so far. There’s no point in waiting on the sidelines for that “perfect” time to buy as there will always be a more perfect time to buy down the road and our goal is to generate income. You can’t do that from the sidelines. As always, I appreciate your comment.

  5. DH –

    Over $1,000. Consolidating/Simplifying finances AND you are going to CRUSH it going forward. Excited to see the combined results. You’ve got this DH. All Fricken day.

    Random – love that UL dividend, by the way. Also – are you using Chuck Schwab for your bank, as well?


    • Hi DD,

      Always love the enthusiasm of your comments. I was happy to see a four digit month. Finally! In the meantime, you know what I plan on doing for the second half of 2019… buy each month, reinvest and enjoy those raises when they come. No Schwab bank for us. I never looked into it. I/we have too many accounts linked to our other bank account(s). Maybe we’ll switch everything to Schwab one day. For now, just the stocks.

    • Hi GRB,

      Four digits is always cause for celebration. I am happy to see these results. The YUMC came into my portfolio via the YUM spin off a few years back. In fact, “baby” DivHut got some YUMC that way too. Thank you for commenting.

  6. Keith – Holy freaking cow on a few fronts here. First, I love the fact that you crossed $1,000 this month. What an accomplishment on the dividend front. Second, I love the simplification. 20 years of free trades is pretty hard to pass up if you ask me. I’m struggling myself with having too many accounts spread to thin. I want to simplify and am considering opening a Fidelity brokerage account myself. I have a few different accounts for Fidelity. We would get over 500 trades for two years. So we wouldn’t be paying a commission for 24 months at least. Is it nice having all of your accounts in one place? I would move my old 401k, HSA, and all other investment accounts under the Fidelity hood.

    As always, congrats on continuing to crush it and take care of business. Excellent, excellent work Keith.

    Dividend Diplomats recently posted…Expected Dividend Increases in July 2019My Profile

    • Hi DD,

      Thanks for those kind words. Crossing $1K is a great feeling especially after all these years. Moving everything to Schwab is great. Now all our accounts, taxable, retirement even baby DivHut is all under one roof. So much easier than before. Also moving cash between accounts is instant. Doing our 2019 taxes will yield a bit more paper as we’ll have to show all the Schwab income plus income from the other brokerages we moved from but starting in 2020 it’s all about Schwab. Less accounts equals more peace of mind.

  7. More than $1,000 in dividends/month… that’s impressive! Congrats on that result, DivHut!
    I can totally understand that you moved your accounts. Free trades for twenty years is a fantastic offer.
    Man, I can’t even imagine that we would have something like hat here in Germany:)
    Snugfortune recently posted…Dividend Income – June 2019My Profile

    • Hi Snugfortune,

      Thank you for your kind words and continued support. I was very excited to see four digits roll in during June. It’s definitely a nice milestone to achieve. What I like best about the free trades is that I can now buy in very small increments should I choose to. No need to calculate percentages of commissions anymore when I invest. One share or one hundred it’s all free. I am sure that brokerages in Germany are all fighting for your business just like here in the U.S. Are there no deep discounted brokerages there?

    • Hi DP,

      Thank you for those kind words. I hope these updates show what can be achieved over the long haul by simply staying in the game and remaining consistent with the buys.

    • Hi Passivecanadianincome,

      I always say that consistency with investing is the key. Just keep feeding the dividend snowball month in and month out whatever amount you can and tune out all the noise while staying in the game. That’s it! As always, thank you for stopping by and commenting.

  8. Congrats on the 4-digit month Keith! I’ve said it before, but will repeat it now, I really like your mindset with ignoring the noise and executing against your plan. That consistency reveals itself in the results.

    For the Schwab deal, what evidence did you need to supply to confirm the number of years you were with them? I’ve contemplated this offer myself as my free trades with Fidelity expire next year, and I would have 10+ years of free trades with Schwab if I can dig up my old records based on what they need as proof.
    DivvyDad recently posted…Dividend Income Report :: June 2019My Profile

    • Hi DD,

      I think it’s the only way to invest. Find your style, for me it’s DGI, and just stay the coarse. Too often we get sidetracked reading and listening to others that we begin to adhere to what’s said and veer from our intended investing style. I go to CNBC.com, read SA even watch Bloomberg every now and then but it is purely for entertainment. If I actually listened to any of these outlets I would be too afraid to invest anything. After all, media always paints a negative, doom and gloom picture because that’s sexy. Good news doesn’t bring ratings/clicks. Sensationalism does.

      For Schwab all they needed was my word. No proof at all. Give them a call. It can’t hurt.

    • Hi ED,

      We are one big community cheering one another towards a brighter financial future. I love it! As always, thank you for your comment and continued support!

  9. Sweet! $1k. The guy above me just did that too. Congrats!
    I also owe you a thank you. I read in another one of your posts that you have 20 years of free trades. It inspired me to find a brokerage offering something similar. Excited to say I found one, and I’m looking at free trades for the foreseeable future. I’m writing a post about it this week.
    Passive Cash recently posted…Passive Income Summary – June 2019My Profile

    • Hi PC,

      Congrats on finding that free trade deal with your brokerage. These days it’s a clear race to zero in term of commissions. No need to pay anything really these days. Thanks for your continued support.


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