June was an interesting month. In the first week I completed my transition to a new bank after my old bank closed many of its branches (thus becoming no longer convenient). The second week I posted my mid-year financial goals. The third week I celebrated my one-year anniversary since I moved into my new home. And in the fourth week, I just sat back and collected the remainder of my dividends for June. Which brings us to this posts topic; my June 2018 dividend income. This month I received $939.27 in dividend income from ten (10) companies!
Pfizer (PFE) – $58.48
Southern Company (SO) – $121.80
International Business Machine (IBM) – $151.49
Target Corporation (TGT) – $43.40
VF Corporation (VFC) – $30.82
McDonalds (MCD) – $72.08
Realty Income Corp (O) – $41.27
Ares Capital (ARCC) – $361.76
Consolidated Edison (ED) – $41.47
PepsiCo, Inc (PEP) – $16.70
June 2018 Dividend Income Total: $939.27
Recording Breaking! This is the most I ever received in dividend income for a single month. I received payments from 10 stocks which represents the largest amount of companies that ever paid me in a single month. From June 2017 to June 2018 my year over year growth rate shows a 6.4% increase. I will certainly take it! To make this month even more special is the fact that I received my first dividend payment from PEP! I think I will celebrate that this 4th of July with a nice cold Pepsi. 🙂
Last but not least, there were a couple of dividend increases this June. TGT increased their dividend to $0.64 per share. This increased my annual TGT dividend payments from $173.60 to $179.20 for a $5.60 increase. And finally, O increased their dividend slightly to $0.22 per share. This increased my annual dividends from $495.19 to $496.32 for a $1.13 increase. Altogether, the dividend increases from June 2018 amounted to $6.73 in new revenue added to my annual dividends.
So, I think it is safe to say, it was a very good month for me. The next month should be good as well. I anticipate new buys, my birthday, and my one-year blogiversary is coming up. The fireworks don’t start and end on the fourth of July. How about the rest of you? How did you do this month? Any record breakers? Let me know in the comments below! 🙂
Like this:
Like Loading...