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 July is typically a slower month and overall this month turned out to be a disappointment. Quarter over quarter my income decreased, but we will get into that below.
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 July total! This months total came in at $252.66 which is an incredible 83.23% higher than last year. However, it was -7.95% less than last quarter.
The reason for the lower value compared to April was TROW paid an extra $2.00 dividend and OHI prorated a portion of their dividend due to the Aviv merger. We are still quite pleased with the year over year growth so no complaints here.
We continue to put more and more capital to work and it is truly paying off... literally. This past month we only had one stock purchase which was some more Omega Healthcare (OHI). A total of about $2,000 invested this month. My wife and I continue to be blessed and this journey continues to inspire us to keep on going.
July Dividend Income:
Total: $252.66
The chart above shows the increase from the previous quarter. As you look at the charts from month to month, it really shows the power of compounding, dividend increases, new purchases and using DRIP with all the companies. To think that we made $1.00 more this month than last quarter from PM without doing any work is pretty cool.
In total, we had a $21.83 decrease from April. Like I stated above, a bit disappointing, but backing out TROW and OHI, we had a $65.08 increase from April.
The chart above shows the increase from the previous quarter. As you look at the charts from month to month, it really shows the power of compounding, dividend increases, new purchases and using DRIP with all the companies. To think that we made $1.00 more this month than last quarter from PM without doing any work is pretty cool.
In total, we had a $21.83 decrease from April. Like I stated above, a bit disappointing, but backing out TROW and OHI, we had a $65.08 increase from April.
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 8/5/2015.
How was your July?
Thanks,
ADD
How was your July?
Thanks,
ADD
Great progress, ADD. Congrats on teh steady increase and a 83% increase from a year ago is really fantastic! Keep up the great work and thanks for sharing
ReplyDeleteR2R
Thanks R2R! Trying to keep all the months this year at 80% or better! Looking pretty good so far
DeleteCongrats on the Passive Income ADD. Slow and Steady, month after month, You keep it up and watch the trend rise. I promise you. Thanks for sharing and glad I've found your blog. Keep it up my friend and cheers to our journey! Take Care.
ReplyDeleteI love looking at my dividend chart every month. The chart just keeps getting higher and higher and the warm and fuzzies keep coming! I'm glad you stopped by!
DeleteADD,
ReplyDeleteGreat month. Congrats on that. The YOY progress is really, really solid. I don't see those 80%+ YOY changes anymore, but it's sure nice to see that snowball accelerating like that.
Keep it rolling!
Best regards.
I'm just trying to keep up with you. You are killing it over there! Congrats on the dividend totals you are putting up. It's amazing to think we have only been on this path a few short years and the totals are starting to get quite impressive.
DeleteThank you for taking the time to stop by!
ADD
ADD
ReplyDeleteGreat dividend income , keep the snowball rolling
Divorcedff
I'm not pushing as hard as I used to be! It's a great feeling.
DeleteADD
ReplyDeleteGreat dividend income , keep the snowball rolling
Divorcedff
Your year over year progress is still impressive. As long as you and your wife continue on this path you will only know greater and greater passive income. Are you still looking at health REITs in August? I know OHI continues to be a popular pick among many DGI'ers. Any of the large health REITs look interesting?
ReplyDeleteOur passive income is becoming quite impressive right now as it is! I'm tickled to death at how far we have come in such a short amount of time.
DeleteAs for health REIT's, I still really like OHI, especially after this recent market pullback. UHT is looking attractive but I came across some disturbing info that the dividend has grown more than the FFO for a number of years now. Not a great catalyst for growth in the future.
I like VTR as a possible new purchase though. O looks attractive if it will just fall a bit further. I might make a purchase in that company soon though. We shall see.
Thanks for stopping by
Looks good, OHI didn't pay dividend in July so it makes sense for the slight drop. Still very impressive YOY progress. Keep up the good work.
ReplyDeleteI have been quite impressed with the YoY growth. Just wish it will continue for the next 10 years! haha
DeleteKeep up the great work over there as well
$250+ is a heck of passive income and 80% yoy is also great! Keep racing.
ReplyDeleteYou have been killing it over there as well! Just wish those 80% gains keep up every month. So far this year, we have done an amazing job. Next year will be much tougher!
DeleteAwesome YOY increase American DD. Keep up the good work. Every penny invested counts.
ReplyDeleteThanks for the kind words DD. Those little pennies continue to add up and things could not be better.
DeleteThanks for commenting
Good numbers ADD...I wouldn't worry about quarter to quarter unless your living off of the dividends. As long as the dividends keep flowing in and the yearly total increases every year all is GOOD.
ReplyDeleteDFG
Yea, quarter to quarter should not be such a big deal but I just love seeing a consistent chart. Captain dividend and I are very similar in that regard. It would be awesome to see a huge $1000 month every 3 months, but I'm just not there yet. I'm sure some day in the future one quarters payouts will be much larger than the rest. We shall see though!
Delete"Thanks for sharing your companies watch list .Investor Happy too. What all the Upcoming dividends on the next month pipeline.
ReplyDeleteThanks for stopping by and commenting!
Delete