June:
This month I made one purchase acquiring shares of Leggett and Platt (LEG) in my taxable account.
Last month I brought in a total of $438.70 in dividends ($192.38 taxable, $88.61 Roth, and $157.71 IRA). This is an increase from last year (384.79 total) by 14%, this total would have been higher, but Broadcom (AVGO) decided to move its pay out back a couple of days into August.
In terms of dividend increases, I realized* 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%. I have now realized 35 raises thus far this year. I also realized one cut of approximately 33% by KHC.
Next month I will realize three (3) raises from LEG, Realty Income (O), and Cardinal Health (CAH). The increases are from about 1% to about 5% (0.2% bump from O, their 4th of the year).
* I only count increases when realized, because until that money is delivered any statements or declarations are simply conjecture.
July:
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 August, bringing 11 months of consecutive purchases to an end. My wife is a teacher, so we need to take 1 month off without the extra cash.
Next month should produce around $129.76 in dividends, which is a 58% YOY increase.
My portfolio page is currently up to date.
Hope everyone has a great July.
- Dividend Gremlin
- Long all stock tickers
Looks like a solid double digit year over year gain for your June. Nice job. Like you I was happy to realize several nice dividend increases in June. You have to love seeing those dividends continue to roll in. Mrs. DivHut is also a teacher so I know what it's like during the summer months. We have our own new expense coming up this summer. We need a new car for the Mrs. No worries. We keep cars a looooong time. Her 1997 Ford Escort had one breakdown too many. We decided it was time to let her go. After all those years we'll have car payments again. Time to adjust budgets again.
ReplyDeleteDHut,
DeleteThanks for the comment! I hear you about the cars and the teacher stuff. We are in the same boat, though our cars are new we expect to hold them for a long time. I had similar issues with my prior car, but now I drive less than 3k or 4k miles each year, due to a change in commute. Budgets stink though...!
- Gremlin
SOlid month of dividends and some solid growth keep at it
ReplyDeleteD and H,
DeleteThanks for the comment. Only one way to go from here!
- Gremlin