It's that time again when we get to post about a favorite topic of ours, dividends! We hope this post inspires other families out there to start saving and investing as soon as they can. The power you feel knowing that you are richer than you were yesterday and you didn't have to work for it is a wonderful feeling. Watching the totals pile in from all the various bloggers out there in this community continues to be a driving force to get ourselves to save and invest more and more.
We realize that our situation is different than every other blogger out there but its not how much you make, its how much you save. We make a middle class income but we live well below our means and this gives us the benefit to invest the surplus month after month and subsequently drive our passive income to new heights! The month of June is typically the second highest dividend income month behind December as our 401k funds usually pay out hefty checks twice a year and this month did not disappoint!
We want to thank all of you readers out there who have stopped by and congratulated us thus far. You are the reason these posts keep coming out and continue to get better and better!
So with that being said, lets get down to the numbers.
This month was once again a blowout compared to last years June total! This months total came in at $473.15 which is an incredible 93.50% higher than last year and 13.78% more than last quarter.
The March, June, September and December months are usually super-sized as a lot of companies have their payouts in those months. Our portfolio contains a lot of these companies so needless to say, this was a super-sized month! We continue to put more and more capital to work and it is truly paying off... literally. This past month we had three stock purchase which was Parker Hannifin, Boeing and W. P. Carey (which I have not posted about). A total of just over $6,000 invested this month! My wife and I continue to be blessed and this journey continues to inspire us to keep on going.
June Dividend Income:
Total: $473.15
Please let me know what you think of the new chart. It shows the increase from the previous quarter. We can easily go back to the bulleted list but I thought this was nice and really shows the power of compounding, dividend increases, new purchases and using DRIP with all the companies. To think that we made $2.18 more this month than last month from PEP without doing any work is pretty cool. All because of DRIP'ing MSFT, we made $0.29 from the extra shares we received in March with no extra work on our part.
In total, we had a $60.82 increase from March. Pretty sweet!
Please let me know what you think of the new chart. It shows the increase from the previous quarter. We can easily go back to the bulleted list but I thought this was nice and really shows the power of compounding, dividend increases, new purchases and using DRIP with all the companies. To think that we made $2.18 more this month than last month from PEP without doing any work is pretty cool. All because of DRIP'ing MSFT, we made $0.29 from the extra shares we received in March with no extra work on our part.
In total, we had a $60.82 increase from March. Pretty sweet!
Jump over to our dividend income page to see the increases month after month. There is also a nice chart on that page for all you visual learners out there. On that page, you can easily see dividend income investing at work which hopefully one day will be greater than our expenses and that's what we like to call The American Dividend Dream! Check out our complete portfolio here updated on 7/5/2015.
How was your June?
Thanks,
ADD
How was your June?
Thanks,
ADD
I like the new chart. Seeing the dividends compound, even if it's pennies, really does drive home the point. Pretty cool considering little to no work required. Congrats on the month!
ReplyDeleteWell I've got one vote! haha ... I like the chart too. I've been tracking the companies this way in my spreadsheet since the beginning of the year but have yet to use the chart. It seemed silly since I really enjoy seeing the compounding and thought the readers would like that too.
DeleteLove not working and getting more money! Thanks for stopping by
Congrats on receiving more than $400 in dividend income. Interesting chart tracking previous quarterly payments, definitely showing progress. Keep up the great work.
ReplyDeleteThank you very much! Over the coming months and years, the chart will really begin to show compounding to the finest. I personally cannot wait to see the results
DeleteCheers
Great job ADD! You had some absolutely fantastic YoY growth of your dividends. Keep up the good work!
ReplyDeleteThanks PIP, just trying to catch up to you! Just wish I could keep that kind of YoY growth for the next 10 years and I'd be set haha
DeleteThanks for posting
Congrats on a solid month of dividend income. Seeing that year over year growth is always motivational. Nice names in your June list too.
ReplyDeleteYear over year growth was fantastic, hopefully it keeps up! You've got some nice names in your June list as well. It's hard to ignore such fine companies, just glad I've got some good ones
DeleteHave a nice night!