Friday, July 1, 2016
June Review / July Preview, 2016
I was able to put $275 to work in Loyal3 over the course of last month. I added no new Loyal3 positions this month. I did add a new position in Abbott Labs (ABT) in my Roth account using a free buy to seize the day as much as possible on the Brexit news.
Last month I brought in a total of $116.44 in dividends ($77.13 taxable, $39.31 Roth). This is an increase from last year ($67.80 total) by 71.7%. These amounts and the increase is as expected. This is officially now my biggest month ever, which is really cool.
In terms of dividend increases, I realized four this month from Pepsi Co (PEP), Unilever (UL), Johnson and Johnson (JNJ), and Exxon Mobile (XOM). The raises ranged from 2.4% to 15%. Overall this is fairly successful growth. Those are my favorite kind of raises.
Next month I will realize two dividend increases: CIBC (CM) and Realty Income (O). The increases range from 0.5% 2.3%.
Thus far for 2016, I have realized 18 dividend increases, and after July it will be 20 total. Boom.
Our only long term debts are our cars and my wife's student loans, and her loan won't last the year. I will continue next month to throw some extra money at her student loans and my car. If we paid her student loans at the minimum rate it would take around 1 year to finish otherwise. I have already gotten ahead on my monthly payments on my car and that will not stop as well. Her student loan should be finished around September or October, if everything else remains constant.
Next month should produce around $85 in dividends, which is a 10% YOY increase. On the Loyal3 front I will probably invest $200 on existing positions. I am trying to pump up our safety net savings a little bit on the side as well, which is the reason for the slight edging down of Loyal3 investing, especially as we head into summer.
My portfolio page is currently up to date.
Hope everyone has a great July!
- Dividend Gremlin
- Long all stock tickers mentioned