We’ve survived July’s hot, humid temperatures and have been rewarded with some cool dividends! It’s been a little stressful with work and trying to get our home sold – which is why this report is out soooo late.
July Dividend Income
This month I received $1,079.19 in dividend income! On average, I was paid $31.74 from 34 different companies! This month’s dividend income is a healthy 41.48% increase over July 2108.
To put things in dollar figures, that’s $316.41 more dividend income than last July!
Dividend Income - July 2019
|1/7/19||The Coca-Cola Co||KO||48.22|
|1/7/19||Genuine Parts Company||GPC||90.74|
|2/7/19||Iron Mountain Inc||IRM||114.46|
|2/7/19||Kimberly Clark Corp||KMB||45.32|
|10/7/19||Philip Morris International Inc.||PM||68.57|
|12/7/19||MONDELEZ INTERNATIONAL INC Common Stock||MDLZ||11.70|
|12/7/19||Johnson Controls International PLC||JCI||20.80|
|12/7/19||Franklin Resources, Inc.||BEN||18.20|
|15/07/19||Realty Income Corp||O||63.94|
|15/07/19||WP Carey Inc||WPC||10.34|
|15/07/19||Store Capital Corp||STOR||16.50|
|15/07/19||Stag Industrial Inc||STAG||14.30|
|15/07/19||Main Street Capital Corporation||MAIN||11.28|
|16/07/19||State Street Corp||STT||5.64|
|24/07/19||Cisco Systems, Inc.||CSCO||17.50|
|25/07/19||Walt Disney Co||DIS||196.30|
|31/07/19||Consolidated Water Co. Ltd.||CWCO||1.70|
|31/07/19||PowerShares QQQ Trust, Series 1||QQQ||12.88|
|31/07/19||JPMorgan Chase & Co.||JPM||28.00|
|01/07/19||SCHWAB STRATEGI/US DIV EQUITY ETF||SCHD||128.20|
|25/07/19||General Electric Company||GE||1.16|
|01/07/19||PowerShares Preferred Portfolio||PGX||3.02|
|10/07/19||Illinois Tool Works Inc.||ITW||19.09|
|5/7/2019||Eastman Chemical Company||EMN||9.92|
|8/7/2019||Merck & Co., Inc.||MRK||2.75|
|15/07/19||Starwood Property Trust, Inc.||STWD||9.60|
Here is a chart of my passive dividend income progress over the last 4 years.
Here are the dividend stock purchases I’ve made between July 2018 and 2019 that have fueled this dividend income growth.
The dividend portfolio has been updated.
July’s dividend income covers utilities and food.
July Dividend Growth (Dividend Increases)
Below are the realized dividend increases I received this month.
This month I received only 2 increases. Sadly, both were pretty lack luster. However, any free money is still free money and I’m thankful for all raises I receive.
Dividend Increases - July 2019
Name Ticker New Div Old Div % Increase Shares Addl Income WP Carey Inc WPC 1.03 1.03 0.001937984496 20 0.16 Realty Income Corp O 0.23 0.23 0.002212389381 248 1.49 Name Ticker New Div Old Div % Increase Shares Addl Income ∑ = 1.65
June’s dividend increase adds a slight $1.65 in annual dividend income. This dividend growth is the lowest I’ve received in the last year! July’s dividend increases are the equivalent of investing $47.14 of new money at 3.5%. Once again, it’s not much, but it is something and is moving in the right direction – up!
Net worth moved again with the market!
Let’s do the numbers…
We have been in savings mode trying to prepare for our new home purchase. In our downsizing efforts, we’ve been selling furniture from our house that won’t make the move with us and it’s starting to add up. My wife has done a fantastic job of (profitably) finding new homes for a lot of our bigger stuff. While it was hard at first to get rid of many things, now we really just don’t care. We want a clean slate and are looking forward to that happening.
A bit of bad news here. Our house still hasn’t sold. We are getting showings, just no offers… yet. Apparently, the local Atlanta real estate market has “softened”. Zillow has sent me at least one price drop notification a day (some days I get several). It’s clearly not just my home… but not being able to sell our house may cause us to alter our plans.
Our new home construction is moving very fast. Though, as we’ve been paying attention, we have noticed some significant issues. The biggest one being the siding of the house. The install was done poorly and looks terrible. I’m hoping we can get this resolved with the builder. This could end up being a big deal!
There you have it. The market moved back up and we continue to stress about selling our home. Hopefully, we’ll have some great news about our house selling and the construction of our new home next month. Dividend investing, even when slow like this month, is still working as designed! I’m very excited to see where things are in a few years.