Dividend Income Update – July 2015

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 triple hundred plus in total passive dividend Income: $315.33 to be precise, this is the fourth time crossing $300.00 milestone figure this year. My dividend income was more than 4.11% as compared to last April and 41.58% more compared to last year’s July. It only shows the power of Dividend Growth compounding engine.

Passive Dividend Income – July 2015

1. Dividend Re-Investment Plan Portfolio (DRIP) 
Altria Group, Inc. (MO): $29.57
Glaxo SmithKline Plc. (GSK): $23.13
Kimberly-Clark Corp. (KMB): $16.36
Phillip Morris Intl, Inc (PM): $30.49
The Coca-Cola Company (KO): $15.03

2. High Dividend Income Growth Portfolio 1 (HID1)
American Capital Agency (AGNC): $10.00
The Bank of Nova-Scotia (BNS): $3.95
General Electric (GE): $10.35
Altria Group, Inc. (MO): $17.16
Annaly Capital Mgmt (NLY): $30.00
Realty Income Corp (O): $9.48
Phillip Morris Intl, Inc (PM): $25.00
Prospect Capital (PSEC): $8.33
Pimco Corp & Opportunity (PTY): $13.00

3High Dividend Income Growth Portfolio 2 (HID2)
Vanguard Hi Dividend (VYM): $9.95
Vanguard REIT Index ETF (VNQ): $12.13
Vanguard Utilities ETF (VPU): $10.58
Altria Group, Inc. (MO): $13.91

4. Roth IRA
Reynolds American Inc. (RAI): $12.06
Vanguard Natural Res LLC (VNR): $5.29
W.P. Carey, Inc. (WPC): $9.54

Total Passive Dividend Income: $315.33

I want to own securities of Blue chip Aristocrats (companies with 25+ yrs of growing earnings) and Dividend Champions. Once the earned passive dividend income covers all my expenses, I will own my time as well.

I’d setup a goal of earning $3500.00 in total passive dividend income this year and so far have received $1950.73. This is 55.73% of target for this year and a little behind.  We will see how next few months pan out.

Full Disclosure: Long in all above mentioned securities.

How did your Dividend Income come along this month of July? Meeting target.

Thanks for reading.

14 thoughts on “Dividend Income Update – July 2015

    1. Hi DivHut,

      Appreciate very much kind words. I’m trying to buy some solid companies. I was able to hit more than $300, which was awesome. Hitting my 2015 target is important to me and we will see it! Working hard on it 🙂 You are doing great over there with special dividends. Congrats to you as well.

      Thanks for stopping by and commenting!

    1. Hi Adam,

      Appreciate a lot kind words of support. Yeah, anytime, I hit $300+, it is awesome! Hope to cross the hurdle of $3500 for this year.

      Thanks for stopping by and commenting!

    1. Hi Investing Pursuits,

      Congrats to you as well, on your crossing $300+, we are in same boat here 🙂 This is a nice passive income and some people earn it by working whole week! You are enjoying fruits of your hard work, like other DGI bloggers. Keep it up!

      Thanks for stopping by and appreciate much comments.

    1. Hi ADD,

      Appreciate much your kind words. I hope to cross some ground in Sept and Dec quarters but we will see how it goes. You are doing great over there as well.

      Thanks for stopping by and commenting!

  1. PIM,

    $315 in one month alone is very solid. I hope to one day be in a similar position, although I have a long road ahead since I only began my dividend growth journey in June of this year. Additionally, I am a fan of your W.P. Carey position. I love the direction that R.E.I.T. is heading.

    DC

    1. Hi DC,

      $300+ is a great to have and I’m sure you will get there, just keep at it Its never too late or too early in investing. Just few years back, I was in same position as you but I worked hard at it and fortunate to be in this position. WPC is a great reit, and I added 5 more positions in WPC, need to update my portfolio. I may add more.

      Thanks for stopping by and commenting!

  2. *Doing the happy dance*

    Isn’t it nice to receive over $300 by doing absolutely nothing? That’s why I love dividend income so much. Congrats!

    1. Hi Tawcan,

      I love it: Doing the happy dance 🙂 why not. Its a time to celebrate a triple digit of passive income. You have earned it! I’m excited as ever whenever $300 is crossed. I will even take out Champagne if I hit my target of $3500 this year. Ha!

      Appreciate the kind words. thanks for stopping by & nice comments.

  3. I really enjoy watching your journey. Keep up the awesome work! Dividend Investing is like building your own ATM and you’re already at $300!

    1. Hi DTD,

      Glad that you are following my journey and appreciate kind words also. Could not say better: Indeed, dividend investing is like owning one of your own ATM and magically, money appears every month once you have laid the ground work. Its very powerful tool to build FI.

      Thanks for stopping by and commenting!

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