Dividend Income Update July 2022

Aug. 08, 2022 10:59 PM ETUGI, KO, KMB, GSK, CB, MO, ITW, MDLZ, PM, CAH, JCI, LEG, GE, KHC, BP, WFC, YUMC9 Comments
Divhut profile picture
Divhut
3.15K Followers

Summary

  • July was exciting as ever as my year-over-year numbers continue to highlight the trifecta magic of dividend investing which includes, adding fresh capital, dividend raises, and basic compounding to create an ever-increasing passive income stream.
  • I have to say I’m quite pleased with my July totals.
  • The proof of our dividend investing strategy rests in these real results even with big stinkers like GE and KHC and BP and WFC and YUMC all cutting dividends at some point.

Double exposure of stack of money coin with trading graph for finance investor. Cryptocurrency digital economy. Financial investment and city background concept.

kanawatvector

The start of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. July was exciting as ever as my year-over-year numbers continue to highlight the trifecta magic of dividend investing which includes, adding fresh capital, dividend raises, and basic compounding to create an ever-increasing passive income stream. Even if I stopped adding fresh capital today and every dividend stock I owned kept all distributions flat, without a single raise, my passive income stream would continue to grow. With that being said, let’s take a look back at my July 2022 dividend income.

Date Symbol Description Amount
07/01/2022 UGI UGI CORP $1.08
07/01/2022 KO THE COCA-COLA CO $56.86
07/05/2022 KMB KIMBERLY-CLARK CORP $74.85
07/05/2022 GSK GSK PLC ADR $15.69
07/08/2022 CB CHUBB LTD F $7.47
07/11/2022 MO ALTRIA GROUP INC $319.94
07/14/2022 ITW ILLINOIS TOOL WORKS $71.26
07/14/2022 MDLZ MONDELEZ INTL CLASS A $11.26
07/15/2022 PM PHILIP MORRIS INTL $194.48
07/15/2022 CAH CARDINAL HEALTH INC $31.62
07/15/2022 JCI JOHNSON CONTROLS INTER $41.65
07/15/2022 LEG LEGGETT & PLATT INC $20.38
07/25/2022 GE GENERAL ELECTRIC CO $7.60
Total: $854.14

I have to say I’m quite pleased with my July totals. Not too far from that coveted four-digit milestone too. The proof of our dividend investing strategy rests in these real results even with big stinkers like GE and KHC and BP and WFC and YUMC all cutting dividends at some point. Whatever… This is why we diversify! After all, dividends don’t lie. It’s real cash being returned to investors. With patience and consistency, these results and better can be achieved. Just remember, sometimes investing with blinders on can be beneficial as it blocks out the constant noise we are bombarded with on a daily basis and keeps you focused on the job at hand which is to keep investing, not falling for market timing traps, diversifying, not getting shaken out of the market when it tumbles and just creating a solid, ever-growing passive income stream.

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

Original Post

Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.

This article was written by

Divhut profile picture
3.15K Followers
I’m an early 40′s Internet entrepreneur that launched several dot coms with varying success in each. At the very least my living has been made online for the past 18 years and at the most I had a fun time in each venture.I began seriously investing for dividend income around 2007 when my business at the time was literally falling off a cliff, as most of the world was starting too as well, when my need for another income stream became more apparent. I have always known the benefits of dividends from my very first stock purchase back in 1988 but wasn't yet sold on the concept of tying up my money indefinitely purely for a dividend income stream. It was around that time that I learned about Dividend Aristocrats and Dividend Champions when it all just made sense. I could literally see the effects of compounding dividends from these select companies and thought a nice diversified portfolio could provide me with a decent to excellent income stream decades down the road.

Recommended For You

Comments (9)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.