Dividend Income

July Dividend Income and Net Worth Report – 2022

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July’s dividend income is always a little underwhelming.  However, there was great growth, as a percentage and net worth moved up with the market.

July Dividend Income

This month I received $1,553.23 in dividend income!  On average, I was paid $29.31 from 53 different companies!  This month’s dividend income is an amazing 19.37% increase over July 2021.  That’s $252 more dividend income than last July.

Dividend Income - July 2022


Here is a chart of my passive dividend income progress over the last 5 years.

The dividend portfolio has been updated.

Here are the dividend stock purchases I’ve made between July 2021 and 2022 that helped fuel this month’s dividend income growth.

July’s dividend income covers food and utilities for the month.

July Dividend Growth (Dividend Increases)

Below are the realized dividend increases I received this July.  Dividend growth is the most important metric (to me) and one of my favorite to report!

This July I received 18 dividend increasesSeven of the  dividend increases were over 10%!

Dividend Increases - July 2022


July’s dividend increase adds $196.46 in annual dividend income! On top of that, July’s dividend increases are the equivalent of investing an extra $5,613.14 of new money at 3.5% yield!  SWEET!

Net Worth

Net worth resumed its descent!

Let’s do the numbers…

Cash

Another month of cash building.  And while it wasn’t on purpose, I’ll take it!  I don’t have any (expected) big cash expenses coming up other than property taxes… and that is pretty much accounted for now.

Real Estate

In July, our electricity bill decreased to $218 for the month and our gas bill remained about the same at $36.  That totals to $254.  While July was really hot, we are finally getting used to our 76 degree setting in the house and not using the AC as much.

Nothing new on the rental.  Rent came in on time, and no service calls.

Wrap-up

July’s dividend income is always a little lack luster!  Especially when you compare it to last month’s haul.  However, the progress and growth and apparent.  The dividend increases this month was minimal, but it all adds up!

Net worth has turned the corner with the market.  And while I hope this trend continues, I have a feeling it won’t.

I will continue to invest every month, but perhaps a little slower than the previous few months.

I'm a dividend growth investor who is aiming to retire early in 4 years at the age of 45. My goal is to live off the income my dividend portfolio and rental property produce exclusively and leave the corporate rat race. I hope you will join me in this journey!

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