Dividend Income Update: July 2016

by: Divhut

It's dividend income update time. One of my favorite times of the month, as I get to review the previous month of passive income received from my dividend income portfolios.

As we have witnessed thus far in 2016, the market will do whatever it will want to do. No amount of statistics, economic data nor talking head predictions could have called the incredibly weak start to the year we had, nor the amazing rebound either. We have witnessed oil prices climb out of their recent depths (only to slide a bit last month), along with gold, silver and other commodities seemingly shaking off some of their collective dust. Seeing all these market highs and lows occur every few months just reminds me of why I became a dedicated dividend growth investor. As you know, my primary concern is the increasing of my passive income every year without having to worry about the roller coaster ride the market, individual stocks or commodities have to go through. One thing I like about being a dividend investor is the reliability and predictability of returns. With that being said, let's take a look at my July 2016 dividend income.

Dividend income from my taxable account totalled $239.92, down from $244.93 - a decrease of 2.0% from July of last year. Nothing alarming here, as my Ingersoll-Rand Plc (NYSE:IR) dividend, which was paid in July 2015, was distributed in June 2016 instead. This happens every now and then, as companies may change payout dates or they may fall on weekends and don't get credited till the next business day.

Dividend income from my ROTH account totalled $133.56, up from $112.15 - an increase of 19.1% from this time last year.

Dividend income from my IRA account totalled $0.00 - equal to $0.00 from this time last year.

Grand total for the month of July: $373.48 - an increase of 4.6% from July 2015.

Brokerage Account

Year-to-date dividends: $2,116.15

Date Description Symbol Amount
07/01/2016 DIVIDEND:KO KO $32.46
07/01/2016 DIVIDEND:ALLE ALLE $3.37
07/05/2016 DIVIDEND:KMB KMB $32.53
07/05/2016 DIVIDEND:JCI JCI $19.72
07/08/2016 DIVIDEND:KHC KHC $32.23
07/08/2016 DIVIDEND:ITW ITW $31.00
07/11/2016 DIVIDEND:PM PM $38.76
07/14/2016 DIVIDEND:MDLZ MDLZ $5.44
07/21/2016 DIVIDEND:CB CB $6.22
07/25/2016 DIVIDEND:GE GE $37.15
07/29/2016 DIVIDEND:BCR BCR $1.04
Total: $239.92

ROTH Account

Year-to-date dividends: $871.58

Date Description Symbol Amount
07/01/2016 DIVIDEND:KO KO $10.40
07/05/2016 DIVIDEND:KMB KMB $6.64
07/08/2016 DIVIDEND:KHC KHC $19.83
07/11/2016 DIVIDEND:PM PM $7.44
07/14/2016 DIVIDEND:MDLZ MDLZ $7.34
07/28/2016 DIVIDEND:BNS BNS $81.91
Total: $133.56

IRA Account

Year-to-date dividends: $273.18

All in all, nothing to complain about here, as I am still posting year-over-year gains, which is my primary objective as a dividend income investor. Are any of these dividend stocks in your portfolio too? How was your July dividend income? Please let me know below.

Disclosure: Long all above.

On a side note, our road trip will continue this Friday as we head south from Seattle and make our way back through Oregon and California. I can't believe three weeks already went by so fast, but I do look forward to the drive ahead as we travel back and see new things. Of course, I'll reply to every comment left, but I may be delayed in responding.