July 2015 Dividend Income
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!
It can be frustrating when you get behind in your goals. Still, as long as your stocks are not losing value, every bit of dividend income is good.
It can be, but I am not frustrated nor sad about it. It is long term type of perspective and as long as I give my best shot at achieving these goals I know I did everything I could.
Thanks for stopping by.
DV,
May not have been one of your best months, but it’s still almost $100 you didn’t have to work for. Hard to complain about that. 🙂
BTW, why the drastic decrease YOY? Was that because of stock you sold to fund the house purchase?
Keep it up!
Cheers.
Thanks man! That is funny you put it that way and from the sound of that it truly is hard to complain about it. 🙂
There was an error in my year over year decrease which is primarily due to stocks such as UNP switching paying months of June rather than July. Not to mention ARCP was sold out for property downpayment.
Can’t wait to see how you did in July.
Take care.
Although it may not be a record breaking month for you, the companies you received this money from, are still looking very strong. They will pay you even more in the future. To a better August!
I’m long KO, but PM, BAX & O are on my watchlist.
Best wishes,
DfS
Indeed they are some of the best companies in the world. I have no doubt many will be around for many more decades to come.
I would really like to add some more shares of these companies into my portfolio.
Cheers, to better a better August to come!
Well done, DividendVet. I recently found your blog somewhere off of dividenddreams.com (I think in a comment), and am looking forward to following your progress. I’ve recently started getting into dividend investing, and like the idea as a passive income stream. Granted, it takes a decent amount of capital to get to the point where those dividends will really pay off, but we all have to start somewhere.
Cheers!
Glad you found my blog, we have a truly great interconnected DGI community here. Lots of things to learn from everyone. I really think you got one huge concept down, “we all have to start somewhere” you nailed it right on the head there. We all have to begin somewhere in our endeavors and nothing gets huge without being small first. Just focus on month to month, rather than on yearly basis. Earn income, save, invest, repeat. Simple.
All the best in your very own journey.
Great dividend income, soon you will get the $100 dividend income milestone, keep the snowball rolling.
Thanks, not sure if you noticed, but I already reached that milestone several times. 🙂
Thanks for commenting anyhow, love getting any and all feedback.
Close to $100. Good job for July!
Close to $100 but no cigar, while July was somewhat of a down month, I just keep on thinking the amazing June I had.
Take care.
Thanks for sharing DivVet. That’s passive income for you and it’s wonderful not having to physical work for it. You keep it up and I wish you the best. Thank you my friend.
My pleasure. Absolutely, who wants to work to spend for the rest of their lives. It is much smarter to spend less and invest the rest.
Thanks for the kind words, I will try to do my best!
Best wishes.
Do you plan on holding BAX ? I don’t know much about it but isn’t the new yield around 1% now ? Thx
BAX is definitely an interesting topic to ponder about. With the recent spin off from its pharmaceutical business BXLT, it now has 1.16% dividend yield, even lower yield on costs. I am probably going to hold on to it for a bit while keeping an eye on their balance sheet. I found this article bellow from Dow Jones Newswires.
“BAX expects to launch about 17 new medical technology products over next 5 years and its potential for future EPS growth puts it in the top tier of comparable large-cap medtech companies, Leerink says.”
Time will tell.
Way to go Dividend Vet, that $94.27 that you didn’t have to lift a finger to earn! 🙂 Always enjoy seeing the progress. Until next dividend report…Best wishes and continued success on your personal journey! AFFJ
Thank you, it truly is nice when the portfolio works similarly like a pension fund, but better. The part of very little maintenance and overwatch is extremely magnificent to me.
I am very glad these dividend income reports have value for the readers. I hope one day they will show that financial independence is real and with hard work and determination it can be achieved.
Continued success to you too!