Money and Finance
Dividend Income - July 2015 Update
Hi Everyone,
It's that time again when we get to post about a favorite topic of ours, dividends! We hope this post inspires other families out there to start saving and investing as soon as they can. The power you feel knowing that you are richer than you were yesterday and you didn't have to work for it is a wonderful feeling. Watching the totals pile in from all the various bloggers out there in this community continues to be a driving force to get ourselves to save and invest more and more.
We realize that our situation is different than every other blogger out there but its not how much you make, its how much you save. We make a middle class income but we live well below our means and this gives us the benefit to invest the surplus month after month and subsequently drive our passive income to new heights! The month of July is typically a slower month and overall this month turned out to be a disappointment. Quarter over quarter my income decreased, but we will get into that below.
We want to thank all of you readers out there who have stopped by and congratulated us thus far. You are the reason these posts keep coming out and continue to get better and better!
So with that being said, lets get down to the numbers.
This month was once again a blowout compared to last years July total! This months total came in at
$252.66 which is an incredible
83.23% higher than last year. However, it was
-7.95% less than last quarter.
The reason for the lower value compared to April was TROW paid an extra $2.00 dividend and OHI prorated a portion of their dividend due to the Aviv merger. We are still quite pleased with the year over year growth so no complaints here.
We continue to put more and more capital to work and it is truly paying off... literally. This past month we only had one
stock purchase which was some more Omega Healthcare (OHI). A total of about $2,000 invested this month. My wife and I continue to be blessed and this journey continues to inspire us to keep on going.
July Dividend Income:
Total: $252.66
The chart above shows the increase from the previous quarter. As you look at the charts from month to month, it really shows the power of compounding, dividend increases, new purchases and using DRIP with all the companies. To think that we made $1.00 more this month than last quarter from PM without doing any work is pretty cool.
In total, we had a $21.83 decrease from April. Like I stated above, a bit disappointing, but backing out TROW and OHI, we had a $65.08 increase from April.
Jump over to our dividend income page to see the increases month after month. There is also a nice chart on that page for all you visual learners out there. On that page, you can easily see dividend income investing at work which hopefully one day will be greater than our expenses and that's what we like to call The American Dividend Dream! Check out our complete portfolio here updated on 8/5/2015.
How was your July?
Thanks,
ADD
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Money and Finance