Monthly Dividend Income – July 2016

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

I scored seven+ hundred in total passive dividend Income: $706.00 to be precise. Though, it was little less than April quarter due to GSK having a special dividend last time around but still out of park as compared to last July, over 120% higher. 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 and enjoy my freedom.

Passive Dividend Income – July 2016

1. Dividend Re-Investment Plan Portfolio (DRIP) 
GlaxoSmithKline plc (GSK): $37.51
Kimberly-Clark Corp. (KMB): $23.00
The Coca-Cola Co. (KO): $17.50
Altria Group, Inc. (MO): $39.55
Phillip Morris Intl, Inc (PM): $45.90

2. High Dividend Income Growth Portfolio (HID)
American Capital Agency (AGNC): $20.00
Bank of Nova-Scotia (BNS): $59.91
EPR Properties (EPR): $16.00
General Electric (GE): $25.30
GlaxoSmithKline plc (GSK): $37.50
Altria Group, Inc. (MO): $79.10
Annaly Capital Mgmt (NLY): $50.38
Realty Income Corp (O): $24.94
Phillip Morris Intl, Inc (PM): $127.50
Prospect Capital (PSEC): $12.50
Pimco Corp & Opportunity (PTY): $13.00
Starwood Property Trust (STWD): $12.00
Total S.A. (TOT): $34.59

3. Roth IRA
Reynolds American Inc. (RAI): $15.20
W.P. Carey, Inc. (WPC): $14.70

Total Passive Dividend Income: $706.00

I like 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 $7500.00 in total passive dividend income this year and so far have received $5180.90. The month of July was great for me and put me over the top of $700 range.

Full Disclosure: Long in all above mentioned securities.

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

Thanks for reading.

10 thoughts on “Monthly Dividend Income – July 2016

  1. Hey PIM.
    Awesome month for you bro. Keep it up! That is life changing money right there. Just wonderful and awesome receiving these dividends. Feeling is like no other.
    Keep at it and don’t stop!

    1. Hi DividendHustler,

      Yeah. $700+ can buy lot many things and indeed life changing, no question about that. I’m glad that I started several years and reaping the fruits of my hard work. You are doing fantastic over there and congrats on such a nice income.

      Thanks for stopping by and commenting!

  2. An awesome total for the month of July. That could be two car payments. Not that it would be the best use of that cash but just illustrates how much passive income you earned. Always love reading these updates.

    1. Hi DivHut,

      Sure, that’s a nice way of thinking and can pay twice for one of the biggest expense in the household. I also love reading your these income updates and they are mutually inspiring to keep going on this path.

      Thanks for stopping by and commenting!

    1. Hi InvestmentHunting,

      I’m making progress towards that goal and hope to achieve it, and better visibility in few months. It is great to have come this far and receiving such kind of income on a monthly basis. wow. what a sale!

      Thanks for stopping by and commenting!

    1. Hi MoreDividends,

      Glad that you found this little corner and thanks for adding my blog. Hope it provides some inspiration and a pathway towards achieving FI. Only regret is that I should have started much earlier 🙂

      Thanks for stopping by and commenting!

    1. Hi R2R,

      No question about that: these income reports are mutually inspiring. Congrats on hitting that magic figure of $1K, even though, I’m investing since many-2 years, I’ve yet to hit that mark. Keep up the good work there.

      Thanks for stopping by and commenting!

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