Dividend Update - June 2018

Dividend Update - June 2018

It's the end of one month and the beginning of another so it's time for my favorite update: my dividend update.  These dividend updates reflect all dividends that I receive through my investing pursuits. I hope they can help inspire you to take control of your own finances and invest to build a passive income stream. What you use that stream for is up to you, whether it's to fund early retirement, just provide some FI/FU money, or even to provide for an annual vacation; the key is that it can provide options and open up all sorts of possibilities. You can check my dividend income or progress pages to see what dedication to an investment plan can give you.

How in the world are we already into the second half of 2018?  That just doesn't seem right.  Of course time moving forward, whether you want it to or not, is one of the few constants in life.  

With June being an end of quarter month, where my dividends are largely back-weighted, it should be no surprise that there was a hefty total for the month.  My FI Portfolio produced $983.71 in dividends during the month.  My Folio First account chipped in another $8.23.  My Roth IRA came back from it's mid quarter siesta and provided $45.25.  Across all 3 accounts I received a total of $1,037.19 during June. Cha ching!  That's the first time I've crossed over the $1k mark for a given month when combining all the portfolios together.

FI Portfolio

As I mentioned above my FI Portfolio produced $983.71 in dividends last month.  The quarter over quarter comparison showed a nice 6.8% increase compared to March of this year.  Part of the large quarterly increase was due to Wal-Mart paying out in June, but not in March because they have an odd payout schedule, but at least they're consistent.  Adjusting for Wal-Mart's payout reduces the increase to 3.2% which is still a strong quarterly change.

I put more focus on the year over year comparison since companies typically don't change the timing of their payouts, although it does happen.  This allows for a cleaner comparison from year to year.  Compared to June 2017 dividends received showed a healthy 11.0% increase.

Roth IRA Portfolio

My Roth IRA joined the dividend club once again after the mid quarter month break in May with $45.25 dividends received during the month.  Compared to March, June's dividends inched higher by 0.5% thanks to dividend reinvestment.

The year over year increase was pretty surprising when I saw it.  The tally came in at a...drumroll.....24.9%!  And that's from dividend reinvestment and dividend raises alone as no new capital/positions were added over the past year.

Dividend Raises During the Month

The pay raises just keep on coming.  June saw a nice rebound in dividend increase announcements with 6 companies giving me raises.  You mean a company I own a piece of, albeit tiny, wants to pay out more of their profits to me just because I own part of the company?  Sign me up!  

Combined those 6 companies boosted my forward 12-month dividends by $63.99.  Through the first half of 2018 I've had 33 announced raises from 31 of the companies that I own combining to increase my forward 12-month dividends by $304.04.

Looking Forward

My forward 12-month dividends for my FI Portfolio ended June at $6,329.39 while my FolioFirst forward dividends are at $87.02.  That brings the total taxable account forward 12-month dividends to $6,416.41  My Roth IRA's forward-12 month dividends increased to $343.51.  Across all 3 accounts, assuming no dividend cuts or position size changes, I can expect to receive at least $6,759.92 in dividends over the next year.

Monthly Average

Below is the chart showing the monthly dividend totals for each year that I've been investing as well as the monthly average.  It's not always an increase as some companies have weird payout schedules, as we saw above, and eventually some positions will get dropped, but the long-term trend is what matters.  

The rolling 12-month monthly average for my FI Portfolio is at $493.05 per month which is a solid $19 above 2017's monthly average of $473.37.  This should continue to increase throughout the year assuming no dividends cuts.

Monthly Comparison of Dividends Received From FI Portfolio

Dividends Received Breakdown

Dividends Received Breakdown June 2018

I've updated my Dividend Income page to reflect June's changes.

How are you doing on your dividend goals through the first half of 2018?

Let me know in the comments below!