Dividend Income Update – July 2014

Its time for me to post dividend income earned from my portfolios: DRIP, HID1, HID2, & RothI enjoy sharing them as these passive dividend income provides me great inspiration and encouragement to keep chugging along and hopefully to the readers.

Wow, I scored a double hundred plus in total passive dividend Income: $222.72 to be precise, this was only the 2nd time and 4th time of receiving triple digit dividend income this year. This month alone, my dividend income was more than 54.36% as compared to last year’s total. That’s awesome. It only shows the power of Dividend Income engine. I’m that much closer to being Financially Independent (FI) and living a life that I want to live, be independent and not have to rely on someone else. Isn’t a powerful motivator!

I want to own securities of Blue chip Aristocrats (companies with 25+ yrs of growing earnings) and once the earned passive dividend income covers all my expenses, I will own my time as well like a free bird 🙂 Think about it: you can travel around world exploring beautiful exotic culture or even explore blue lagoons and white beaches, play golf 😉 or simply relax and have a power to make a difference in someone’s life and do charities.

Passive Dividend Income – July 2014

1. Dividend Re-Investment Plan Portfolio (DRIP) 
Glaxo SmithKline Plc. (GSK): $13.95
Kimberly-Clark Corp. (KMB): $14.07
The Coca-Cola Company (KO): $12.13
Altria Group, Inc. (MO): $23.78
Phillip Morris Intl, Inc (PM): $17.66

2. High Dividend Income Growth Portfolio 1 (HID1)
American Capital Agency (AGNC): $32.50
American Real Estate Cap (ARCP): $6.25
iShares Emerging Markets (DVYE): $8.26
Altria Group, Inc. (MO): $15.84
Annaly Capital Mgmt (NLY): $30.00
Realty Income Corp (O): $4.57
Prospect Capital (PSEC): $11.05
Pimco Corp & Opportunity (PTY): $6.50

3High Dividend Income Growth Portfolio 2 (HID2)
Altria Group, Inc. (MO): $12.31

4. Roth IRA
Vanguard Natural Res LLC (VNR): $7.35

Total Passive Dividend Income: $222.72

How did your Dividend Income do this month of July.

Full Disclosure: Long in all above mentioned securities.

Thanks for reading.

4 thoughts on “Dividend Income Update – July 2014

  1. PIM,

    Nice month of passive income right there! You’re generating quite a bit of dividend income for your portfolio size.

    I would only advise to be careful with some of the securities you’re investing in. It looks like about half of your dividend income this month came from your HID1 portfolio, which has some pretty heavy exposure to high-risk, high-yield plays like NLY and AGNC. I remember when people thought I was crazy for not investing in these mREITs back in 2011. Of course, both their share prices and dividends have been cut since then significantly, and I’m willing to bet that will continue. Big dividends feel good, until you realize that the share price is going down, and with it your dividend income.

    Best wishes!

    1. Jason,

      Its nice to hear kind words and support from you.

      I’ve 4 portfolio and first DRIP portfolio comprises of hard core blue chip companies, while, second HID1 portfolio deliberately consists of some strategic m/REITs in taxable account, where received high dividends are re-invested in other blue chip companies, thereby reducing risk on a long-term basis. Also, I own other portfolios and therefore, I feel comfortable taking calculated risk. But, I agree with you that every investor needs to evaluate how much risk they want to take.

      Thanks for stopping by!

      Best wishes.

  2. PIM, I’ve been following your blog since some time since I stumbled on DM. Your dividends have grown quite a lot and that provides some inspiration to me. Keep it going!

    1. Cathy,

      I’m glad to hear that you are finding some inspiration from my blog and dividends. I hope that you find your journey towards FI when you will be free bird 🙂

      Thanks for stopping by and commenting!

      Best wishes.

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