Live Off Dividends

Passive Income and Personal Finance

Dividend Portfolio Update: July 2017

Another month with huge year over year growth for my dividend portfolio. This year has seen huge growth for my portfolio. I hope to continue to see this kind of growth going forward.

I use Robinhood for my dividend portfolio. They offer free trades and no commissions. If you want to sign up, use my link and we’ll both receive a free stock valued up to $150.

Dividend Increases: 1 Increase

PPG Industries increased their dividend from $0.40 to $0.45. This was a 12.5% increase and will earn me an extra $2.00 annually or $0.16 monthly.

 

The companies that paid me dividends in July.

These are all the companies that paid me dividends in July amounting to $71.57.

Year over year dividend growth chart

My dividends year over year in July increased from $35.65 to $71.57 This was a 100.75% increase year over year. Another massive year over year gain for my dividend portfolio! I would love to continue to see growth like this finishing out 2017.

Dividends received from my Roth IRA

I received $5.62 from dividends in my Roth IRA this month. I only receive large amounts of dividends at the end of the quarter in my Roth so this was a typical $5+/- month.

Total yearly dividends year over year growth

I received a total of $920.90 from dividends in 2016. I’m currently at $647.50  this year which is 70.30% of 2016’s total. Not bad for being a little over halfway through the year.

My entire dividend portfolio

My total annual dividends increased from $1,293.19 to $1,329.95, while my average monthly dividends increased from $107.76 to $110.83. This was a 2.85% increase month to month!

Purchases:

July 14: Purchased 3 shares of IBM at $154.16 for a total of $462.48.

July 14: Purchased 1 share of ADM at $41.56 for a total of $41.56.

July 28: Purchased 4 shares of UPS at $108.44 for a total of $433.72.

July 28: Purchased 1 share of VZ at $48.24 for a total of $48.24.

Sells:

No sells this month.

Contributions:

Total: $880.00

Rental Property: $650

I received $650 for rent in July.

We STILL haven’t closed on the three properties. I feel like it’s taking forever, but I guess there’s no rush. The sellers attorney has health problems and has been in the hospital so it’s slowing the process down.

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. I still haven’t contributed anything to my Roth IRA for the year yet so I’m trying to figure out where that $5,500 is going to come from as well.

Leave a comment and let me know how July went for you! I look forward to hearing from all of you every month!

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4 Comments

  1. Hey John, my July was pretty busy with typical summer stuff (traveling, etc.). But, financially it was positive with an increase in NW. Cash flow was a bit negative but expected.

    Nice to see you have some KO! I love this stock. I bought it too because I was a huge coke drinker for the longest time. Ironically I don’t drink it anymore, but I’m keeping my shares and my dividends. 🙂

    • I’m glad to see we have some stocks in common! The negative cash flow is expected with travel, always worth it in my opinion. I wish I was able to travel more but I’m not that far into my journey yet. My day will come! Until next time.

  2. Nice results from some solid companies. We share O, gotta love the monthly. 🙂

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