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.
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