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.
|7/6/21||IRM||IRON MOUNTAIN INC||$488.35|
|7/7/21||BLV||VANGUARD BD INDEX FDS LONG TERM BOND||$13.95|
|7/7/21||MRK||MERCK &CO. INC||$132.44|
|7/7/21||TROW||PRICE T ROWE GROUPS||$45.95|
|7/7/21||VCLT||VANGUARD SCOTTSDALE FUNDS LONG-TERM COR||$15.63|
|7/8/21||HYG||ISHARES TR IBOXX HI YD ETF||$17.97|
|7/8/21||MPW||MEDICAL PROPERTIES TRUST INC||$181.99|
|7/8/21||PFF||ISHARES TR PFD AND INCM SEC||$52.98|
|7/15/21||APTS||PREFERRED APARTMENT COMMUNITIES INC||$82.97|
|7/15/21||AQN||ALGONQUIN PWR UTILS CORP||$232.62|
|7/15/21||KBAL||KIMBALL INTERNATIONAL INC||$2.39|
|7/15/21||LEG||LEGGETT &PLATT INC||$73.96|
|7/15/21||WPC||WP CAREY INC||$563.38|
|7/16/21||CPT||CAMDEN PROPERTY TRUST||$12.73|
|7/22/21||PSEC||PROSPECT CAP CORP||$155.54|
|7/28/21||AMNF||ARMANINO FOODS DISTINCTION INC||$39.05|
|7/30/21||BGS||B&G FOODS INC||$260.65|
|7/30/21||BNS||BANK OF NOVA SCOTIA||$25.81|
|7/30/21||CM||CANADIAN IMPERIAL BANK OF COMMERCE||$263.92|
|7/30/21||OGE||OGE ENERGY CORP||$135.27|
|7/31/21||M1 Finance||M1 DIVIDEND GROWTH ACCOUNT||$31.55|