Oh man, June has been a hectic month and I have to apologize for the tardiness of this dividend portfolio update. It was a great month for dividend payments as I believe this is the highest payout I’ve ever received!
Let’s dig in.
- $350.37 in dividends
- Added $3,400 to the portfolio this month
- Added $202.03 to my annual income.
- Sold 1 position.
As usual, I automatically pull out $200 per paycheck with automatic deposit and at the end of the month I throw whatever is left into the account. I also decided to add an additional $3,000 into the account.
$200 + $200 +$3,000 = +$3,400
Here are the companies that paid me dividends this month:
Using Google Docs, I keep a running spreadsheet of how much dividend income I receive every month. I think it’s important to realize the growth of your passive income over time. In June 2017, I received $328.00 in dividend income. If we do the math, that means my June dividend income has increased a +6% compared to the previous year.
Monthly Total: +$350.37
I bought quite a few things this month.
- 24 shares of CPB@ $33.08
I continue adding to this consumer staple stock. It currently has a 3.3% yield. This adds +$33.60 to my annual income.
- 29 shares of CAH@ $52.85
Cardinal Health has been paying increasing annual dividends for 21 years and is currently yielding 3.8%. This adds +$55.39 to my annual income.
- 15 shares of JNJ @ $121.85
I’ve been buying consumer staples like candy lately. This adds +$54.00 to my annual income
- 41 shares of SBUX @ $51.21
Starbucks stock took a big hit in June so I decided to start a position. They currently yield 2.8% and have a 5-year DGR of 23%. This adds +$59.04 to my annual income.
Total = +202.03 to my annual income
- 20 shares of TROW@ $125.00
I sold some shares of TROW after the stock skyrocketed 78%. The stock has since dropped and is around $118. While I do love the stock, I’ll wait to buy any additional shares on a big drop. This reduces my annual income by -$56.00.
Thanks again for reading my Dividend Portfolio Update for June 2018! Until next time!