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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.
  • July 2014's dividends saw a 2.4% increase from April 2014 and a 115.7% increase year-over-year.

July was just steady as she goes as far as dividends with just a slight increase from April but progress is progress. 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 $208.80 in dividends in my FI portfolio in July and have received a total of $2,201.61 through July, which is just $345 shy of what I earned in all of 2013. I'm now 48.9% of the way towards my goal of $4,500 in dividends received for the year, so there's quite a bit of work to do to catch up. It's not a lost cause yet, but will really depend on the timing of purchases to capture as many dividend payments as possible, but I still have a bunch of capital at the ready. 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 July, I received $19.98 and have received a total of $122.77 so far this year. That's about $9 ahead of July 2013's total, so it's pretty good to see growth, albeit slow. For my FI Portfolio, June saw a pretty meager $5 increase, 2.4%, from April 2014, but an absolutely wonderful 115.7% increase year over year.

I wasn't very active through most of July, actually the first purchase didn't come until the 25th when I bought shares of Visa (NYSE:V) and General Electric (NYSE:GE). That was exactly one month since my last purchase. Well on the 30th I also added to my position in Realty Income (NYSE:O). I would really like to get a rental property in the mix but I still have my doubts so in the meantime I'll continue to invest in high quality REITs. Mr. Market decided to go a little crazy to close out the month and I added to three positions on Thursday with both the DJIA and S&P 500 selling off nearly 2.00%. All of that is a long way to say that with the purchases I made and dividend increases from two of my holdings, my FI Portfolio's forward 12-month dividends are now at $4,813.82. That's 96.3% of the way towards my goal of $5,000 by the end of the year and I expect to pass that rather handily. My Roth IRA's forward 12-month dividends increased to $231.39 through dividend reinvestment alone.

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 July is at $314.52 and well above 2013's monthly average of $212.23. The last 3 month average is even better at $352.77. With more contributions/investments and expected dividend increases, the gap should continue to widen.

(click to enlarge)

FI Portfolio - Dividend Income

Company

Dividend Amount

DRIP Shares

EOG Resources (NYSE:EOG)

$1.01

--

Coca-Cola (NYSE:KO) (Full Analysis Here)

$49.88

--

Medtronic (NYSE:MDT)

$28.10

--

Phillip Morris (NYSE:PM)

$58.85

--

Realty Income

$10.18

--

General Electric

$24.47

--

Baxter International (NYSE:BAX)

$20.28

--

American Realty Capital Properties (NASDAQ:ARCP)

$16.03

--

July Total

$208.80

2014 Total

$2,201.61

Roth IRA - Dividend Income

Company

Dividend Amount

DRIP Shares

JP Morgan Chase (NYSE:JPM)

$8.57

0.146

Phillip Morris

$11.41

0.132

July Total

$19.98

2014 Total

$122.77

A full list of my holdings can be found here.

Disclosure: The author is long V, GE, O, EOG, KO, MDT, PM, BAX, ARCP, JPM. The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for it. The author has no business relationship with any company whose stock is mentioned in this article.

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.

Source: Dividend Update - July 2014