The transition to my new job is in full swing. My financial plan for the year is taking a break or is otherwise on hold. I am working on finding a place to live. Then, I will purchase a new car. I was going to buy a used vehicle but I caved. I’ll disclose what kind of car I buy later. There is a lot going on both at work and in my personal life, which you will hear more about in the upcoming Progress Report. But, despite my busy schedule, my dividends in July were hard at work for me. Day in and day out, the dividend snowball keeps rising and growing and constantly getting bigger. Let’s see how much dividends I received in July.

Dividend Income

In July, I received a total of $42.32 in dividends broken down as follows:

NO. STOCK NAME DIVIDENDS 1 CSCO Cisco $11.34 2 KMB Kimberly Clark $8.10 3 KO Coca-Cola $14.45 4 O Realty Income $8.43 $42.32

This was the first time that I received dividends from Kimberly Clark. That’s great because I think that CSCO, KO, and O were getting a little lonely. I don’t purchase stocks based on the dividend payment schedule, but it would be nice to beef up off months like July. Still, I’m happy to receive nearly $50 in dividends for the month.

The Dividend Tracker has been updated accordingly.

Annual Comparison

Below is a graphical representation of my dividends this year as compared to last year.

For clarity, here is the raw data:

MONTH 2017 2018 Rate April $0.41 $31.47 7575.61% May $2.85 $79.33 2683.51% June $16.89 $98.51 483.24% July $5.99 $42.32 606.51%

That’s an incredible amount of growth from last year. Again, I’m sure that as the months go by, the growth rate will decline, but I’ll enjoy it while it lasts. Because my financial situation has somewhat drastically changed, I may have to limit or potentially increase my contributions to my dividend portfolio, which will affect the bottom line. But, as I work out those details, I will report on those numbers. In the meantime, I will just enjoy the awesome DGI growth rate from last year.

Forward Annual Dividends

At the time of this writing, my forward annual dividend is $1,069.33. Importantly, last month, it was $1,033.67. This represents an increase of $35.66 or 3.33% in my forward annual dividend income. Unfortunately, this didn’t beat Buy Hold Long’s challenge of 4.24% but I’m still happy with the results anyway. I added more than $1 for every day in July towards my forward annual dividends.

The transition to M1 Finance is complete. I am still getting used to their way of investing, but so far so good.







Conclusion

I am happy to see July over with. But, I am still very much transitioning into my new position at work. I still need to find a place to live, buy a new car, and figure out what my income and expenses are going to be. I will likely also upgrade my phone and possibly hire a personal trainer. Oh my gosh. Money, money, money! But, while I figure things out, I know that my dividend portfolio will be right there working for me in the background.

How was July for you? Break any records? Let me know your thoughts by commenting below.