July 2023 Dividend Income

Half way through summer and it is time to post my July 2023 dividend income!

July was a pretty fun month.

• Related: 5 Reasons to Invest in Dividend Stocks

I started off July with multiple stock purchases which added $191.76 to my annual dividend income.

This pushed me over the $14K mark in yearly dividend income!

Thus, a new milestone was achieved!

Other than that, it was just relaxing and enjoying the summer!

July 2023 Dividend Income

But without further ado, for July 2023, I received $855.91 in dividend income from fourteen (14) companies!

• MPW – $261.00
• STWD – $171.36
• GSK – $20.21
• ITW – $19.65
• CAH – $22.53
• LEG – $72.22
• EMN – $33.97
• GPC – $33.25
• PPL – $30.00
• CSCO – $26.13
• BEN – $36.00
• MDT – $33.12
• JPM – $28.00
• O – $68.47

July 2023 Dividend Income Total: $855.91

Another good month!

This year’s dividend income shows a 2.4% growth increase in year over year growth from last July 2022.

Not exactly double digits, but I will take it!

• Related: Make $1,000 a Month in Dividends

Best of all, was the numerous dividend raises this July!

Dividend Raises

And now, without further ado, here are my dividend increases from July 2023!

• DUK increased dividend to $1.025 per share, resulting in a $2.72 increase.
• SJM increased dividend to $1.06 per share, resulting in a $4.48 increase.
• NNN increased dividend to $0.565 per share, resulting in a $4.38 increase.
• BAC increased dividend to $0.24 per share, resulting in a $11.52 increase.
• WFC increased dividend to $0.35 per share, resulting in a $20.60 increase.

All in all, dividend increases for July 2022 totaled: $43.70

I love all the increases! The star of the month was WFC with its 16.7% dividend raise!

Every little bit helps. Step by step and dollar by dollar, these raises help me achieve financial freedom!

Conclusion

Thus, we conclude my July 2023 dividend income report!

I am getting closer to my next major milestone of $15,000 in annual dividend income!

As of this post, my portfolio is set to generate $14,201 in dividend income over the next 12 months. Moving right along and strong!

Check out my Getting Started page if you are interested in beginning your own journey into dividend growth investing and personal finance.

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So, how was your July? Let me know in the comments below!