Wow, have I been busy!!! I haven’t posted in a while and that was entirely due to my busy schedule at work. Things have calmed down, for now. My workload ebbs and flows and so sometimes it’s super busy and other times it’s not. I almost did not realize that we just ended the first 6 months of the year. I feel like I say this every year, but the months seem to go by quickly. Before you know it, New Years will be just around the corner. But until then, I will keep tracking the dividends I receive in my portfolio. Let’s see much Dividend income I earned in June 2019.
Dividend Income
In June I received a total of $160.47 in dividends broken down as follows:
| NO. | STOCK | NAME | DIVIDENDS |
| 1 | EMR | Emerson | $16.09 |
| 2 | GWW | W.W. Granger | $8.86 |
| 3 | JNJ | Johnson & Johnson | $30.31 |
| 4 | MCD | McDonalds | $13.28 |
| 5 | MMM | 3M Company | $18.05 |
| 6 | O | Realty Income | $8.37 |
| 7 | PFE | Pfizer | $18.79 |
| 8 | XOM | Exxon Mobile | $46.72 |
| $160.47 |
Excellent. I finally broke the $150 mark in dividend income! It’s a mini milestone I have been looking forward to achieving for some time.
What’s great about this is that I have SIGNIFICANTLY reduced my contributions to my dividend portfolio. That’s entirely due to the fact that I want to buy a beach house and need to start saving money for a down payment. In fact, if everything works out as intended, I plan on making an offer sometime in August. It’s a scary prospect, but one that I hope will enable me to achieve my retirement goals.
Recently, I asked whether I should sell my stocks to buy a condo? Quite frankly, there is a fair possibility that I will have to sell my stocks to buy the condo, as it seems like the only condo’s I’m interested in are the expensive ones. I will definitely keep the community updated. If I sell my stocks, I will have to build them up again, which I will continue to track on this blog. So, don’t worry, Dividend Portfolio isn’t going anywhere.
Annual Comparison
Below is a graphical representation of my dividends so far:
Here is the raw data:
| MONTH | 2017 | 2018 | 2019 | Rate |
| January | $0.00 | $14.93 | $37.54 | 151.44% |
| February | $0.00 | $77.66 | $141.16 | 81.77% |
| March | $0.00 | $72.93 | $136.45 | 87.10% |
| April | $0.41 | $31.47 | $63.76 | 102.61% |
| May | $2.85 | $79.33 | $142.69 | 79.87% |
| June | $16.89 | $98.51 | $160.47 | 62.90% |
| July | $5.99 | $42.32 | ||
| August | $21.95 | $108.44 | ||
| September | $28.72 | $111.15 | ||
| October | $23.21 | $48.09 | ||
| November | $62.11 | $124.92 | ||
| December | $76.51 | $140.24 |
62.90% is a solid increase from last year’s amount. The dividend income is moving in the right direction.
The Dividend Tracker has been updated accordingly.
Adopt-A-Stock
The Adopt-A-Stock project has been suspended for now. It’s amazing how much deciding to buy a condo changes things. But it doesn’t make sense to dump money into buying stocks if I’m going to be taking it right back out in a couple of months to fund a down payment.
Forward Annual Dividends
At the time of this writing, my forward annual dividends are $1496.25. A month ago, my forward annual dividends were $1478.83. This represents only a 1% increase from the previous month. I usually average around a 3% increase from month-to-month. It’s clear that the lack of a significant increase in my forward annual dividends is due to the significant reduction in my monthly contributions to my portfolio. Still, a 1% increase is much better than 0%.
Conclusion
The first six months of the year is behind us. Although I had lofty goals at the start of the year, things change. I now have even loftier goals! Haha. But that means that Dividend Portfolio will likely be going through a transition period in the next couple of months.
Although the prospect of selling stocks is scary. What’s really exciting is the prospect of rebuilding my portfolio at a faster rate than I did before. If I buy real estate correctly, I’m hoping to use some of the cash flow to help replenish the portfolio. If I ended up getting a bad deal, it may be financial ruin. Maybe by then, the price of Bitcoins would have dropped so I can afford to buy it. Well, at least I’ll be by the beach!
How was June for you? Did you break any milestones? Let me know your thoughts by commenting below.
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