Any month that I receive over $100 in dividends is a pretty good month to me. I’m a little disappointed in the lack of year over year growth this month but it happens.
Dividend Increases: 2 Increases
Realty Income increased their dividend from $0.211 to $0.212. This was a 0.47% increase and will earn me an extra $0.47 annually.
Lowe’s increased their dividend from $0.35 to $0.41. This was a 17.14% increase and will earn me an extra $3.36 annually.
Together these two increases will earn me an extra $3.83/annually or $0.32/monthly with no extra money invested.
These are all the companies that paid me dividends in June amounting to $114.89.
My dividends year over year in June decreased from $128.62 to $114.89. This was a –10.67% decrease year over year. This was the first and hopefully the last month this year that I haven’t seen any year to year growth. This is mostly due to a portfolio restructuring that I did a few months ago. I replaced most of my higher yielding stocks with higher dividend growth stocks. It will be worth it in the long run.
I received a total of $920.90 from dividends in 2016. I’m currently at $575.93 this year which is 62.53% of 2016’s total. Not bad for only half of the year being over.
My total annual dividends increased from $1,239.80 to $1,293.19, while my average monthly dividends increased from $103.31 to $107.76. This was a 4.30% increase month to month!
I received $76.27 from dividends in my Roth IRA this month. This would actually bring my total dividends received up to $191.16 for the month of June.
June 2: Purchased 4 shares of UPS at $107.98 for a total of $431.92.
June 20: Purchased 5 shares of GPC at $91.60 for a total of $458.00.
June 30: Purchased 9 shares of O at $56.07 for a total of $504.63.
No sells this month.
Rental Property: $650
I received $650 for rent in May.
We’re still working on closing on the three rental properties and it should be sometime in July. We have an expected close date for the end of July but it could be sooner depending on the seller and his attorney. I got paid 3 times in June so I was able to contribute extra money this month which is always nice.
I’m still behind 11 contributions totaling $4,840 from when I was injured at the start of this year. I have money saved up again that I could use to start catching up but I’m not sure exactly how much we’re going to need to close on the houses so I’m holding off for now. It’s been a pretty wild year for my financial situation between buying and moving into my own house and now with these three properties. After we close on these houses I expect things to start to normalize again and I’ll be able to start playing catch up.
How was your June? What stocks did you purchase or milestones did you reach?