Dividend Update: June 2015

June is over, and it was another strong month for my dividend payouts.  I’ve come a long way in the two years I’ve been investing;  I’ve built my portfolio from the ground up to a value of almost $70,000 today.  I was receiving zero dollars in passive income each month and after two years of commitment, contributions and compounding, I’m currently receiving an average of $178 a month.  I invest in “best of breed businesses” that have histories of annual dividend increases, and those rising dividends will one day pay all of my expenses.

In June, I received dividend payouts from 12 of my 26 holdings totaling $205.51.  Not bad at all considering the first time I broke the $100 mark in a month was in December.  Here’s a snapshot of my payout activity:

2015_JUNE_DRIPS

I used my dividend reinvestment plan on all payouts except UL, WMT and TGT.  I selectively invested those elsewhere, adding even more 12-month forward income to the $6.13 listed above.  Every little bit of annual forward income helps, and I’m currently set to earn $2,139.69.  With new contributions and plenty of dividend raises to come, I’m well on my way to bigger, better and more substantial dividend income.  June’s total dividends of $205.51 grew 3.93% over last quarter’s $197.73 in March.  Going back further, that increase was 298.97% over last year’s $51.51.    Here’s my updated dividend payout chart:

2015_JUNE_DPDividends are everything to my strategy and by setting goals and expectations, I can better track and predict my progress.  I’m aiming to receive $2,050 in dividends this year, and after six months I’m sitting at just $773.20.  Here’s what that looks like:

2015_JUNE_DR

I tracked a similar goal last year and barely managed to complete it on the last month of 2014.  I think it’s interesting how similar that chart compares to this year so far:2014_june_goalsdividendsrecievedTwo businesses I own announced raises during the month and added $8.42 to my annual forward income.  Thank you to Target (TGT) and Realty Income (O) for the following dividend increases:2015_JUNE_DI

Last year in June, I had only received $324.51 in total lifetime dividends.  At the end of this month, that number increased 395.96% to a new total of $1,609.45.  This is fast growing income, and here’s an updated chart:2015_JUNE_LDThis weekend was Independence Day in America, and I met up with some friends and had a great time.  It’s sad knowing that we have to return to work, but have hope by setting goals and aspirations to invest and earn passive income. True financial independence is a real possibility.

How were your dividends in June?

My Dividend Growth

http://www.mydividendgrowth.com

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46 thoughts on “Dividend Update: June 2015
  1. Dividend Empire

    Congrats on breaking the $200 mark in a single month! Very impressive especially considering the $52 you earned the same month last year. You, and your money, have been very busy! Have a great July.

    Ken

     
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    1. My Dividend Growth

      Hey there, Ken. I thought the same thing about how fast the $200 mark came and you’re going to find that out too. I’m so close to averaging that a month now, just a few more months should put me there. Staying busying with the contributions is the name of the game, great job on that front yourself my friend. Keep at it and we’ll have so many more financial options in just a few short years.

       
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  2. Adam @ IWTRS

    Hi Ryan,

    Just wanted to say congrats and how much I appreciate the “neatness” of your posts. They are formatted so nicely and you are straight to the point. Even looks great on mobile. Keep up the good work!

     
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  3. JC

    Congrats on a great month of dividends and a solid amount of growth as well. While the $2k in forward dividends might not be enough for you to retire on eventually with continued investing and dividend increases that will just grow and grow and you’ll reach that elusive crossover point. I’m sure the you of today is thanking the you of 2 years ago for getting started on this journey. Keep up the good work and have a great 2nd half of 2015!

     
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    1. My Dividend Growth

      It’s been pretty amazing following in the footsteps of people like yourself, JC. Your progress in such a short time has been so inspiring to me. I’d love to be at your monthly average for passive income and take a road trip for a full year, budgeting like crazy to make it work. Keep showing us what is possible my friend, you’re setting a fine example! Thanks for the comment.

       
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  4. Dividend Gravy

    Your doing some good work there, Ryan. You are correct in thinking that every little bit of income helps. Pennies eventually become dollars, which become even more dollars.

    I have heard from some in the younger generation that DG investing goes nowhere. They hear of income increases that are only a few dollars per year (or even less) and they scoff. That’s how you start building the snowball and get it rolling, but too many fail to grasp that. You obviously have a clear understanding of where this will eventually lead. Keep it up.

     
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    1. My Dividend Growth

      Hey there, Steve. I hope all is well with you! I owe so many fellow bloggers and authors for showing me the ropes with DGI investing. It’s such a fantastic hands off approach to investing and I love that I can sleep well at night knowing my underlying holdings are all fantastic businesses in their own sectors set to keep growing. I can’t imagine pulling my hair out day to day watching the market while day trading, that’s way too much like gambling. I’m lucky to have met and interacted with so many great folks like yourself for mutual support 🙂

       
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    1. My Dividend Growth

      I liked that too, Captain. That’s a long way to come in just a couple years, it’ll be interesting to watch that curve really shape up. Keep up the awesome work over there yourself, it was so cool seeing you purchase way more than usual in a month. Good job!

       
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  5. Vivianne

    June is a great month for all of us financial bloggers. 12 pay checks that you don’t have to work to get is definitely far better than the one paycheck from the job.

    I’m also confident you will meet your goal this year as the 2nd of the year you’ll continue to out the money into the market.

    The first hand of the year for me, I was focusing on buying at the dip rather than buying before the ex-dividend date and dipping at the sametime 🙂 it’s kind of hard in this correcting and volitile environment.

     
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    1. My Dividend Growth

      It’s a perfect strategy when I have 12 paychecks in a month that are always growing. I just have to keep up the contributions like you said. I’m not trying to time the market, just looking for individual valuations that make sense within it. I sure hope we see more correcting and volatility to come though because it’ll help me get way ahead on my forward income.

      I use to worry about ex-dividend dates too, but I’ve changed that philosophy completely knowing I’m planning to hold forever and not wanting to risk missing the buying opportunity. I also noticed weird coincidences that a stock usually will drop in price after the ex-date anyway. A lot of times you can make up for missing that one dividend with a better valuation, but again that’s purely speculation and coincidence.

      Great to hear from you, Vivianne. Have a nice week!

       
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  6. Dividend Hustler

    Awesome Ryan. You’re ripping it up!! 2 years and look at your progress. High fiving you right now. I’m happy for your achievement and wish you continued success and fortune. Keep expecting great things for yourself. Don’t hope but Demand it! Glad to be a part of your journey. Thanks for sharing my friend.

     
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    1. My Dividend Growth

      You know it all too well, it’s such a slow but sure process, Tyler. I’m so happy with my progress this far and can’t wait to keep purchasing high quality businesses right along side you. You’ve got quite the proven track record over there and I’m eager to keep watching and learning from you 🙂

       
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  7. Zero to Zeros

    Congrats on an excellent month bro!

    That dividend payout chart is awesome, inspires me to keep at it, and maybe I’ll be in your shoes 2 years from now! I received a new all-time high of $82 in June, so I’m inching closer and closer to the $100 mark. I hope to break it by year’s end. Crazy that you only broke it back in December and now you’ve already crossed double that!

    Keep it up.

    Cheers!

     
    Reply
    1. My Dividend Growth

      I have a sneaking feeling you’ll blow these numbers away two years from now. You’re off to such a solid start and it’s been real fun to witness. I’ve only been consistently contributing for a year a half, which is a good sample size for me because my line of work is so unstable. If I can just keep these averages up I’ll be so happy two years from now myself. Hope all is well with you my friend and keep doing the good work!

       
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    1. My Dividend Growth

      Thanks, R2R! I’m thinking 2015 will be the last year of crazy percentage increases like these unless I stumble into a large sum of cash which isn’t likely. I’m still shocked I’ve been able to contribute at the pace I have since starting the blog. Thank you for being one of my main sources of inspiration on this journey so far!

       
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  8. Tawcan

    Congrats on the impressive increase and breaking the $200 mark. Every little bit of new capital will help you achieve your income goal for this year. Keep up the great work.

     
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    1. My Dividend Growth

      Crazy that you hit $200 for the first time in June as well, Tawcan… Only three years ago! If my next three years progress to even half of what you’ve achieved since then I’d consider myself super lucky. You’re doing so great over there and thanks for all the support!

       
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  9. Dividend Gremlin

    Ryan,

    You might feel you are behind your goals, but in a few years that will just be a blimp on way to strong FI. Your portfolio is humming along nicely and I have to commend the YOY growth. Keep crushin’ it.

    – Gremlin

     
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    1. My Dividend Growth

      That’s a great point Gremlin. Whenever I start feeling that way, I think back to 4 years ago when I was serving tables and living paycheck to paycheck with no real aim in life. It’s so great how things can change and we can take advantage when opportunities present themselves. Yeah, I wish I would have even saved $50 a month while serving, but at least I’m in the game now and have a clear and concise strategy. You’re doing an amazing job over there yourself and I can’t wait to read your next update. Thanks for stopping by!

       
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  10. The Dividend Drive

    You’re making excellent progress, Ryan. Still plenty of time to pull that line up and above your target line!

    I am running well ahead of my goal at present. I am going to have to review it as a quick tot up for the rest of the year shows that I should easily sail pass it. This is chiefly because I have put much more capital to work than I have originally anticipated!

    Keep up the good work. I think with all the capital you have invested recently you should see your goal crossed before the year’s end!

     
    Reply
    1. My Dividend Growth

      Don’t you just love first world problems like too much capital to deploy? That happened to me last month too. The biggest thing I’ve learned throughout the DGI process is patience. It’s such a long term strategy and sometimes it’s a battle to remind myself that I have sooo far to go.

      Hope all is well with you and thanks for the comment!

       
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  11. Dividend Dreams

    What a great month for you. I love this time of the month. I get so excited visiting everyone’s blogs to see how much money they pulled in with dividends. Keep up the good work.

     
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  12. Dividend Mantra

    Ryan,

    Another month, another record!

    Fantastic work, my friend. Keep putting that capital to work, and it’ll keep rewarding you over and over again. 🙂

    Best regards.

     
    Reply
    1. My Dividend Growth

      I love a strategy where I’m suppose to be setting new high income records all the time. There’s really no arguing with how much sense it all makes, and you’ve done such a great job of showing us all how it’s done. Thanks for the support and it’s great to hear from you!

       
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  13. Special Agent Dividend

    Truly outstanding month. It’s amazing to see the dramatic difference from last year, so I can’t wait to see where it will be a few years from now. Also, it’s nice to see that the dividends you were paid this month actually added that much more to your new forward income which will continue to compound over time.. Awesome!!

     
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  14. Michele

    Congrats! I kind of hit a milestone too this past month. Half of yours, but when it was $30 in dividends last year, and $127 this year, that’s a world of a difference! I can’t even imagine what it will be like 5 years or 10 years from now! 🙂

    Just wanted to say, I love the graphs and spreadsheet you create. Do you manually enter your values, or do you import them from your statements?

    Just an idea, it would be awesome and helpful if you did a little graph/ spreadsheet tutorial. I definitely know the basics of spreadsheets and creating graphs, but some with the pie charts, or wheels are pretty nice!

    i enjoy reading your posts. Thank you!

     
    Reply
    1. My Dividend Growth

      Hey Michele, hope all is well 🙂

      Your dividend income improvement over last year is amazing, very similar to my recent progress. Keep at it because you’re well on your way.

      Thanks for the idea about the tutorials. I’ve thought about doing a few, and might eventually. There are already some pretty good ones out there you can check out for most of the graphs I use.

      Bar chart: https://www.youtube.com/watch?v=713apMgym-w

      Line chart: https://www.youtube.com/watch?v=hMvKnkEKLTg

      More broad, covers most chart types: https://www.youtube.com/watch?v=kvcxyXYBbeI

      If you care for a copy of my portfolio or dividend payouts spreedsheets, feel free to email me mydividendgrowth@gmail.com and I’ll send them your way with a few instructions. Most people seem to get them working pretty easily once I send them.

      Hope that helps and let me know if you have any questions 🙂

       
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  15. Dylan

    All those upward trends are going to start making your neck hurt soon 🙂 Won’t be able to see the top! Congrats on a great month.

     
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    1. My Dividend Growth

      Hi Dylan, thanks for the kind words! I sure hope you’re right about these charts. I’ve got a good foundation going, now it’s purely about how much I can continue to contribute. I like the looks of your blog over there, keep at it and great things will come, I’m eager to follow along 🙂

       
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      1. Dylan

        I’m having fun building a solid foundation both in terms of my actual use of my money but also in terms of educating myself. There’s a lifetime of information out there, and it’s hard not to spend all day soaking it all up. And the blogs open up a whole new world or perspectives because you and others share so freely. Keep up the good work!

         
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        1. My Dividend Growth

          You’re on the right track, Dylan. Great work! I’m like you and absorb every little bit of info I can out there. I completely agree on the value of other bloggers too. I don’t have anyone to talk to about investing in my daily life so this community has really opened my eyes on a great long term strategy that makes complete sense to me. There are bloggers with amazing track records and proof and it’s always reassuring to have them sign off and support a purchase or idea 🙂 Take care and talk soon!

           
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  16. Erik @ A More Successful You

    Jason, Excellent work and keep it up!

    I am very curious as to what your thoughts are concerning the market environment right now. I have just done a post on Post-Fed Rate Hike Investing (www.amoresuccessfulyou.com/personal-finance/post-rate-hike-investing/) and was wondering if you thought dividend stocks might become less attractive if fixed income yields increase due to the US Fed raising rates?

    Have a great day,
    Erik

     
    Reply
    1. My Dividend Growth

      Hi Erik,

      Thanks for the comment. My name is Ryan btw, not Jason 🙂

      That’s a nice article you wrote, great job. Personally, I don’t really concern myself with the overall market environment. I’m only concerned about finding attractively valued solid businesses within it that have histories of growing dividends. I’m investing for the very long term with no plans to sell if possible and expect to see many different periods of growth and decline in our economy throughout my investment lifetime. I definitely think many of the slower growing / higher yielding dividend paying businesses will take a hit if fixed income yields increase quickly over the next few years, especially in the utilities and reit sectors. I tend to listen to people like Warren Buffett who states that if interest rates persist, stocks are valued cheaply at the moment. If interest rates rise back to historical levels then they’re not so cheap. How fast it will happen is a whole other question that I can’t predict. To limit my risk, I look heavily at current valuation and debt levels of my holdings to make sure they’re prepared for the rate hikes. So many of my holdings have been through it all before, and while growth may not be as strong in the coming years, flat or declining stock prices are a beautiful and welcomed thing for a dividend growth investor like myself because we’ll be able to pick up more growing dividends for less fresh capital and set ourselves up nicely for the next time growth is easily achieved in the market. I just can’t see Coca-Cola or Johnson & Johnson becoming smaller business in several years, I believe that as the worlds population grows, so will many of the great businesses just like they have in the past. When we small time investors catch wind of something like rate hikes, the ceo’s and boards of these companies knew about it well before we did and have been preparing for it. For me it comes down to which specific companies I own and whether or not I feel they’ll keep growing in the future and making money in any environment. Hope that helps and thanks for stopping by 🙂

       
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      1. Erik @ A More Successful You

        Haha, for some reason that name was stuck in my head when I started the comment. I must have seen it somewhere else in the comments.

        Anyway, thanks for stopping by my site as well. I hope to produce more content like that in the future.

        Also, thanks for the detailed response. I tend to agree with you: great companies will continue to produce revenue and grow because they are great companies. JNJ and Coca-Cola are at the top of huge industries. As long-term investors, we shouldn’t worry about the short-term changes in the market. As Warren Buffett says, investing transfers money from the impatient to the patient.

        Have a great day,
        Erik

         
        Reply
        1. My Dividend Growth

          Keep it up over there, the site looks great! Glad to hear we’re on the same page, I was worried you were letting the noise get to you a little bit 🙂 I really like that Buffett saying you mentioned, I hadn’t heard that one and it’s so in line with everything he preaches. Thanks again for the comments and I hope to hear from you again.

           
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