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Friday, August 8, 2014

Dividend Income Progress Update - July 2014

Once again it is time for a goals/progress update. I am pleased to report that annualized dividend income increased in June, extending the streak to 49 consecutive months of increases after June 2010's decline. Since I began publicly tracking annualized dividend income in November 2007, it has increased in 78 of the last 80 months.

My goals were defined in this December 1, 2007 Investing Goals post and last updated in my 2014 Investing Goals post. Below is an updated version of the table found in the original post.

Description Dividend
Income
Annualized
Yield
on Cost
2027 Goal 110,000 n/a
2017 Goal 42,000 n/a
2014 Goal 30,000 n/a
December/2013 26,580 4.54%
Purchases YTD 2,928 -0.10%
Div. Changes YTD 893 0.14%
Sales YTD -746 0.01%
July/2014 29,655 4.59%
Purchases 219 -0.01%
Div. Changes 2 0.00%
Sales 0 0.00%
June/2014 29,434 4.60%

The above information covers the current month and year-to-date through the current month.

Click here for a Detailed Historical Progress Table.

For the month, annualized dividend income increased $221 and Yield on Cost (YOC) was down -0.01%. This month's changes were a net of new purchases, dividend changes and sales. Let's examine each of the these categories:

Purchases: Purchases this month increased my annual dividend income by $219 and lowered yield on cost -0.01%. As noted in earlier updates, I generally expect YOC to drop in most months since new investments will yield less than my current YOC, and dividend increases will not normally be sufficient to offset the decline, as they were in June.

Dividend Changes: The $2 increase in annual dividend income and no change (0.00%)  in YOC related to the following dividend changes (a=dividend stated in annual terms, q=quarterly, m=monthly):

- $2 Realty Income Corporation (O) 0.18247m>$0.18279m

Sales: There were no sales in the month of July.

That's it for this time. The next monthly progress update will be early September.

Full Disclosure: Long, all the aforementioned securities. See a list of all my dividend growth holdings here.

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(Photo: sanja gjenero)


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