You know what time it is! The month of July is done for and therefore it is that time to reflect on the dividend income I received. Although, this month has been somewhat of a shallow dividend income when compared to the previous ones, I still continue receiving automatic deposits from some of most profitable companies on the planet. To me, this whole concept is priceless when you don’t have to lift a finger and money just comes month after month, year after year. But don’t get me wrong, it is not easy. It took me years to build up the portfolio where it is at now and it will take me many more years of creating earned income, living bellow my means, saving, and the ultimate form of paying your future self in the form of dividend growth investing. Anyways, lets get down with the numbers.
I enjoy publishing these monthly dividend income reports as I have gained a much better understanding in how much of my passive income is coming in every month and how much it is growing over time. For the month of July, I have received a total of 5 diversified direct deposits in the form of dividends to my brokerage account. Unlike last month, July has been one of my lowest months where I earned less than $100 in a single month. The last time I earned so little was 2 years ago in October of 2013. It doesn’t bother me though, I had an amazing last month and so during the whole year everything will eventually even out to even bigger dividends.
- Baxter International, Inc. (BAX) – $11.96
- Coca Cola Co. (KO) – $9.24
- Kimberly-Clark Corp. (KMB) – $8.87
- Phillip Morris International, Inc. (PM) – $55.19
- Realty Income Corp. (O) – $9.01
Total – $94.27
When statistically comparing last years dividend income total in July 2014 to July 2015, it represents a negative 19.7% for a year over year decreased growth. The difference from last quarter is negative 10.4% quarter over quarter decreased growth.
Goal: With 7 months behind, I am 49.8% of my goal complete. I am a 8.3% behind.
The dividend income page is updated accordingly.
Thank you for reading & have a great day!