July 2020 Dividend Income
The month of July is in the books and it is that time again to review all of the dividends my portfolio hauled in for the month. 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 6 diversified direct deposits in the form of dividends straight to my brokerage account. This is not to brag, but to motivate and inspire.
| Kimberly-Clark Corp. (KMB) | $20.78 |
| Altria Group, Inc. (MO) | $93.89 |
| Phillip Morris International, Inc. (PM) | $84.57 |
| Realty Income Corp. (O) | $20.88 |
| Erie Indemnity Co. (ERIE) | $17.37 |
| JPMorgan Chase & Co. (JPM) | $10.80 |
| Total | $248.29 |
When statistically comparing last years dividend income total from July 2019 to July 2020, it represents a negative 9.8% for a year over year decreased dividend income growth. The decrease was primarily due to VNQ paying their dividend last month instead of this month of July.
The dividend income page has been updated accordingly.
Nice chunk of change brought in passively. It always throws me off when a company/fund changes their pay date. Oh well… it’s really all about the annual growth. Keep on stacking.
Thanks DivHut, multiple streams of income just providing some consistent and growing cash flow. Sure puts a smile on my face!
I am not sure why companies keep on switching their dividend pay dates, but sure throws off my year over year projections, just like this month. If anyone knows, please share.
All the best!