This month I made one purchase acquiring shares of Evercore Inc, (EVR) in my taxable account. Once again had I waited a few weeks it would have been even better value. I also received 3 shares of Kontoor Brands (KTB) as it was spun off from VF Corp (VFC) at a 1 share per 7 spin off rate.
Last month I brought in a total of $323.36 in dividends ($82.96 taxable, $69.01 Roth, and $156.48 IRA). This is an increase from last year (267.98 total) by 20%.
In terms of dividend increases, I realized* five (5) raises from the Apple (AAPL - forthcoming shortly...fingers crossed), Royal Bank of Canada (RY), Ameriprise Financial (AMP), Kinder Morgan (KMI), and General Dynamics (GD). The increases are from about 5% to about 25%. I have now realized 30 raises thus far this year. I also realized one cut of approximately 33% by KHC.
Next month I will realize five (5) raises from the Pepsi Co (PEP), Sonoco (SON), Unilever (UL), Johnson and Johnson (JNJ), and Exxon Mobil (XOM). The increases are from about 4% to about 6% (an amazingly narrow and specific range for once).
* I only count increases when realized, because until that money is delivered any statements or declarations are simply conjecture.
The mortgage continues and I am putting extra cash towards the principal monthly - not a huge number, but every little bit counts. Our debts currently outstrip our assets (I choose not to count the house or cars as assets). Outside of our house, we still have very low interest auto debt (1.5% for our car), which I am aiming to pay off by the end of the year. Debt is being eliminated, and we are aggressively building and assets.
My next purchase will be in June, which will make for 11 consecutive months of buys across all accounts.
Next month should produce around $452 in dividends, which is a 17% YOY increase.
My portfolio page is currently up to date.
Hope everyone has a great June.
- Dividend Gremlin
- Long all stock tickers