Seeking Alpha
Long only, value, dividend investing
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Summary

  • Keeping tabs on the dividends I receive each month to track my progress towards financial independence.
  • Dividend growth investing provides a positive portion of return each and every month.
  • June 2014's dividends saw a 7% increase from March 2014 and 39% increase year-over-year.

June was a solid month for dividends and pretty much steady as she goes. These dividend updates reflect all dividends that I receive through my investing pursuits and I hope can help inspire you to take control of your own finances and invest to build a passive income stream. What you use that stream for is up to you, whether it's to fund early retirement, just provide some FI/FU money, or even to provide for an annual vacation; the key is that it can provide options and opens up all sorts of possibilities. You can check my dividend income or progress page to see what dedication to an investment plan can give you. I was able to set a personal best in dividends received during March, which is great motivation and helps to keep me on track.

I received a total of $605.00 in dividends in my FI portfolio in June and have received a total of $1,992.81 through the first half of 2014, which is over 78% of the dividends I received in all of 2013. I'm 44% of the way towards my goal of $4,500 in dividends received for the year, so I'm off pace to hit my goal as of now, but I think with additional investment and dividend increases I should be able to get close. The dividends in my Roth IRA give a purer view of dividend growth investing at work since I haven't been able to make additional contributions. For my Roth IRA in June, I received $36.28 and have received a total of $102.79 through the first half of the year. That's slight decrease from halfway through 2013, but I made some changes to the Roth IRA and missed a dividend payment. For my FI Portfolio, June saw a 7% increase from March 2014 and a solid 39% increase year over year.

I'd been fairly quiet with putting capital to work these past few months but in June decided to loosen up the purse strings a little bit. I added to existing positions in Johnson & Johnson (NYSE:JNJ), Wal-Mart (NYSE:WMT), and Procter & Gamble (NYSE:PG) (Full Analysis Here) as well as initiating and adding to my position in Deere (NYSE:DE). I'm still sitting on more cash than I'd like to be, especially after making two sales in my FI Portfolio during June. So I'll be looking to put some more capital to work during July even if it's not at the best values. My FI Portfolio's forward 12-month dividends ended June at $4,490.09, which is 89.80% of the way towards my goal of $5,000 by the end of the year. My forward dividends continue to climb month after month and eventually they will exceed my expenses and allow me to contemplate retiring early. My Roth IRA's forward 12-month dividends increased to $225.87, which is a slight increase from the end of May.

Below is the chart showing the monthly dividend totals for each year that I've been investing as well as the monthly average. It's not always an increase as some companies have weird payout schedules and eventually some positions will get dropped, but the long-term trend is what matters. It's great to see that my 2014 average through June is at $332.14 and well above 2013's monthly average of $212.23. With more contributions/investments and expected dividend increases, the gap should widen that much more.

(click to enlarge)

CompanyDividend Amount
Wells Fargo (NYSE:WFC)$19.26
Conoco (NYSE:COP)$12.27
Bank of America (NYSE:BAC)$1.62
McDonald's (NYSE:MCD) (Full Analysis Here)$84.97
Halliburton (NYSE:HAL)$10.81
Phillips 66 (NYSE:PSX)$4.14
Emerson Electric (NYSE:EMR)15.83
Walgreen's (NYSE:WAG)$21.76
Harris (NYSE:HRS)$34.65
Cummins (NYSE:CMI)$14.57
Target (NYSE:TGT)$55.18
Aflac (NYSE:AFL)$17.17
Lorillard (NYSE:LO)$31.15
BP (NYSE:BP)$23.69
Microsoft (NASDAQ:MSFT)$11.52
Chevron (NYSE:CVX)$58.82
ExxonMobil (NYSE:XOM)$25.35
Wal-Mart (WMT) (Full Analysis Here)$10.76
Realty Income (NYSE:O)$10.16
IBM (NYSE:IBM)$23.34
Visa (NYSE:V)$3.61
Johnson & Johnson (JNJ)$22.55
American Realty Capital Properties (NASDAQ:ARCP)$16.03
PepsiCo (NYSE:PEP) (Full Analysis Here)$40.32
Unilever (NYSE:UL)$11.77
CenterPoint Energy (NYSE:CNP)$23.70
June Total$605.00
2014 Total$1,992.81

A full list of my holdings can be found here.

Source: Dividend Update - June 2014

Additional disclosure: Investing involves risks. Please consult a financial professional and do your own due diligence before investing. The author is not responsible for losses of any kind by readers.