After 35 years of clocking in and out of work and religiously saving at least 10% annually in my 401K every year, my countdown to financial independence is in sight. Each month is a step closer and let’s look at how this past month is getting me there.
For the month of June I made $5,789.87; an increase of 26.38% versus this time last year. Biggest payout I have had this year, if only the first two months of a quarter were this nice.
In June I received 3 dividend raises from GIS, ODC and WPC. These raises will add an additional $32.70 to my annual income going forward. June is a tough month for raises so I’ll take anything that comes.
Taking a mid-year look at my annual income growth goal of 12.5%, my income is currently exceeding that goal by 3% and the bulk of that is due to the massive 49% dividend raise from United Parcel Service (UPS) back in February. Since UPS is my largest position it made a significant dent, without that I would have been closer to my goal.
On the home front I am finally caught up on maintaining properties for two homes (mine & my father-in-law’s) and I can finally start enjoying summer. Last year we started our backyard movie nights and cannot wait to get that started again, best part is we could not get a screen last year because of supply chain issues but I was able to get a 120” screen and cannot wait to try it out. My daughter caught Covid and had a side effect of something called “Covid Eye”, long story short her eye is as swollen as Rocky Balboa’s except she didn’t say cut me Mick.
On another note, fellow blogger Northern Lights Investment is back from a very dangerous surgery and is blogging again but still in need of much recovery and far from out of the woods. Also, another callout to fellow blogger Dividend Portfolio as he battles cancer and faces a tough road ahead. Try to keep both in your prayers as they can use all the help they can get.
Here are the charts we love to see:
|6/1/22||DIVO||AMPLIFY ETF TR CWP ENHANCED DIV||$107.69|
|6/1/22||PNW||PINNACLE WEST CAPITAL CORP||$207.96|
|6/1/22||SJM||SMUCKER J M CO||$18.93|
|6/2/22||UPS||UNITED PARCEL SERVICE INC||$345.18|
|6/7/22||VLO||VALERO ENERGY CORP||$35.28|
|6/9/22||DFS||DISCOVER FINANCIAL SERVICES||$15.61|
|6/10/22||IBM||INTERNATIONAL BUS MACH CORP||$155.03|
|6/10/22||WBA||WALGREENS BOOTS ALLIANCE INC||$70.07|
|6/15/22||FAF||FIRST AMERICAN FINANCIAL CORP||$163.33|
|6/15/22||NWL||NEWELL BRANDS INC||$25.56|
|6/16/22||DUK||DUKE ENERGY CORP||$67.39|
|6/16/22||PRU||PRUDENTIAL FINANCIAL INC||$520.12|
|6/17/22||BHB||BAR HARBOR BANKSHARES||$54.07|
|6/17/22||R||RYDER SYSTEM INC||$54.57|
|6/17/22||WM||WASTE MANAGEMENT INC||$46.92|
|6/21/22||CMP||COMPASS MINERALS INTERNATIONAL INC||$28.65|
|6/21/22||PSEC||PROSPECT CAP CORP||$98.13|
|6/24/22||KHC||KRAFT HEINZ CO||$9.70|
|6/24/22||LMT||LOCKHEED MARTIN CORP||$25.80|
|6/27/22||SCHD||SCHWAB US DIVIDEND EQUITY ETF||$33.46|
|6/28/22||NUSI||ETF SER SOLUTIONS NATIONWIDE NASDQ||$15.93|
|6/29/22||TROW||PRICE T ROWE GROUPS||$25.14|
|6/29/22||XRMI||GLOBAL X FDS S&P 500 RISK||$50.36|
|6/29/22||XYLD||GLOBAL X FDS S&P 500 COVERED||$146.02|
|6/30/22||ARCC||ARES CAPITAL CORP||$551.61|
|6/30/22||BEP||BROOKFIELD RENEWABLE PARTNERS||$280.60|
|6/30/22||BEPC||BROOKFIELD RENEWABLE CORP||$70.08|
|6/30/22||CTO||CTO RLTY GROWTH INC||$64.97|
|6/30/22||NEWT||NEWTEK BUSINESS SVCS CORP||$620.19|
|6/30/22||WEYS||WEYCO GROUP INC||$26.16|
|6/30/22||M1 Finance||M1 DIVIDEND GROWTH ACCOUNT||$74.83|