There is nothing more satisfying than looking at the dividend income received for the month realizing that you are taking small (but important) steps towards your goals.
June has been another such month with good dividends. I don’t own a lot of stocks that pay dividends in the 3rd month of the quarter and in general it is a slow month. But things have started to change because of my investments from early this year. Overall, I received $128.09 in dividends which is the highest I received for a 3rd month in a quarter. Also, I exceeded $100.00 mark twice this quarter and hope to do it every month soon.
Here are the dividends for June 2014.
|% diff from
|XLK||$17.60||XLK changed their payout
schedule July to June.
COP, F and PSX increased their dividends compared to last year and hence there is positive difference. Dividend growth is a main factor that adds to the compounding effect. Couple of ETFs (VWO and VPU) have reduced it. I am not too concerned about these ETFs since their payouts are not as consistent as the stocks and some payouts are huge compared to others. I will keep a tab to make sure that the annual dividend is not going down, but growing.
XLK changed their payout schedule and hence there are no numbers in June 2013. It will be reflected in July dividends. The rest of the increase is due to the new investments which is great.
Overall, the dividends has increased from:
- June 2013: $42.51, increased by $85.58, 201.32% increase.
- March 2014: $74.47, increased by $53.62, 72% increase.
I like looking at raw numbers from different perspectives including charts. Here are some charts looking at dividend growth over the years 🙂
As you can see above, June dividends haven’t been that great until 2013 and has really shot up this year. I would like it to go even higher in the upcoming years.
This chart shows the dividends that I have received until June each year. I received $0.00 in dividends until June of 2009 since I started investing sometime in that year. It is nice to see the growth over the years.
The above chart represents the total annual dividends. 2014 Dividends of $640.29 until June represents 79.04% of my total 2013 dividends. Hopefully I surpass it by the next month or two.
Progress for 2014:
With June dividends, my total for the year stands at $640.29 which represents 53.35% of my 2014 target of $1,200.00. With the new investments, I hope to achieve this target comfortably.
The dividends page will be updated to reflect the June dividends.