July Dividend Income

After 34 years of clocking in and out of work and religiously saving at least 10% annually in my 401K every year, in good times and bad, I have decided to share my monthly dividend income to show what regular saving and investing can accomplish.

For the month of July I made $3,949.85; an increase of 34.06% versus this time last year. Another large increase versus the previous year as my dividend payout recovers from all the dividend cuts and freezes of 2020.  I should have one more month of massive YoY increases as my major portfolio repositioning that I did last year started to kick-in last September so growth should come down some.

In July I continued to receive dividend raise announcements from Ares Capital (ARCC), Cummins (CMI), Discover (DFS), J.M Smucker (SJM), Ryder (R), and Walgreens (WBA). Meanwhile EPR Properties restored 65% of their pre-COVID dividend payout.

On the home front my expenses have remained the same which means my savings rate has stayed steady at 24.9% but we did splurge a bit.  We bought an Epson projector and started having backyard movie night with the family.  Our first movie was Indiana Jones and the Last Crusade, and it was a hit.  Everyone in the family had a good time and I even relaxed sipping on a Yuenling. Our next movie night we are showing Addams Family Values which is always good for a few laughs.

The only major addition to my portfolio for the month was Enbridge as I added 101 shares.  I have always been hesitant about the energy sector but was finally convinced on pipelines. The remainder of my buys were all small picking up just a few shares here and there of GIS, SJM, UL, WBA, and of course a weekly $130 contribution to my M1 account. 

Overall a great month for dividend raises, a few stock buys, and fun with the family.

DateSymbolCompanyAmount
7/1/21PPLPPL CORP$764.07
7/2/21KMBKIMBERLY-CLARK CORP$12.34
7/6/21AGRAVANGRID INC$23.32
7/6/21IRMIRON MOUNTAIN INC$488.35
7/7/21BLVVANGUARD BD INDEX FDS LONG TERM BOND $13.95
7/7/21MRKMERCK &CO. INC$132.44
7/7/21TROWPRICE T ROWE GROUPS$45.95
7/7/21TUTELUS CORPORATION$54.87
7/7/21VCLTVANGUARD SCOTTSDALE FUNDS LONG-TERM COR $15.63
7/8/21HYGISHARES TR IBOXX HI YD ETF $17.97
7/8/21MPWMEDICAL PROPERTIES TRUST INC $181.99
7/8/21PFFISHARES TR PFD AND INCM SEC $52.98
7/12/21GSKGLAXOSMITHKLINE ADR$171.37
7/15/21APTSPREFERRED APARTMENT COMMUNITIES INC $82.97
7/15/21AQNALGONQUIN PWR UTILS CORP$232.62
7/15/21KBALKIMBALL INTERNATIONAL INC $2.39
7/15/21LEGLEGGETT &PLATT INC$73.96
7/15/21WPCWP CAREY INC$563.38
7/16/21CPTCAMDEN PROPERTY TRUST$12.73
7/19/21BCEBCE INC$94.78
7/22/21PSECPROSPECT CAP CORP$155.54
7/28/21AMNFARMANINO FOODS DISTINCTION INC$39.05
7/30/21BGSB&G FOODS INC $260.65
7/30/21BNSBANK OF NOVA SCOTIA$25.81
7/30/21CMCANADIAN IMPERIAL BANK OF COMMERCE$263.92
7/30/21OGEOGE ENERGY CORP$135.27
7/31/21M1 FinanceM1 DIVIDEND GROWTH ACCOUNT$31.55

10 thoughts on “July Dividend Income

  1. Wow, almost $4K this month. Way to go, SDG!
    Your last couple of months have shown some outstanding YoY growth. It’s especially impressive given your large income amount.
    Your top 3 payers this month provided almost half your dividend income, but I guess that should come down next quarter with the PPL sale.

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    • Thanks ED, all we can do is keep pushing. Income will come down a little but two of the stocks I spread the PPL sale on have payout this month of a quarter so it won’t be too bad.

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  2. Love it. I’m looking forward to getting a projector for our family to use as well although that will probably be a next spring/summer thing. Maybe this fall though since we’ll start getting cooler weather. Congrats on the nearly $4k of dividends. That’s a huge amount and I can’t wait for us to get there. We’ve still got a ways to go, but I’m still excited and ready for it.

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    • Thanks JC, We have been having a ball with the projector and even picked up a cheap sound bar at Walmart as the built-in speaker was just too wimpy, you won’t regret it.

      Yeah $4K is getting there, it sounds high but I’m saving for 2 people and I live in a high cost of living state. I actually like your portfolio better because you have a nice balance between a brokerage account and your IRAs and will give you better flexibility than I have because of the age 59 1/2 thing.

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