July dividend income figures may not pack the same punch and dollar amounts that June has to offer, but that doesn’t mean that we all weren’t making moves and CRUSHING IT during July. Almost every dividend income report we read during the month saw some form of major progress, personal records, or discussed how movers were made to increase future dividend income! To echo the point we made last month, we are doing everything we can to get through as many dividend income articles as we can each month. If you aren’t included in our monthly summary, it doesn’t mean we didn’t read your article and your exclusion is definitely not personal. It is just a time thing! With that being said, it is time to check out our July Dividend Income summary from all of YOU in the dividend growth investing community.
After coming off the highs of our June dividend income summary, we now get to report on the lowly first month of the quarter now that July has come to a close. Last month, I was able to post a 56% annual growth rate, and a lot of that had to do with the purchases I had in the first half of the year. Some how, some way, all those purchases seemed to pay a dividend in the third month of the quarter! I’m not expecting those kind of results here, so let’s see how I performed during the month and if I was able to defeat Lanny’s dividend growth rate during July. Here is my July dividend income summary!
Man oh man does it feel weird to be writing one of these articles again. Similar to Lanny, I had taken a few months off of writing an income and expense article for a variety of reasons. Through switching jobs again, traveling for my old job, and insert any life activity, time has been at a premium. Enough with the excuses from my end! While Lanny performed a 3 month income summary earlier in the month, I decided to forgo summarizing the last three months and instead focus solely on July. But don’t worry, I will update our Savings Challenge page to display the last 3 months since one of my annual goals is to defeat the Dividend Diplomats Savings Challenge 6 times this year! Let’s see how I performed in July.
We first published this article in May and decided to bring it back for another installment this July! One of the best aspects of the dividend growth community is the sharing of knowledge, ideas, and motivation that assist each and every one of us in our relentless pursuit of financial freedom. This article will contain a summary of July Dividend Income blog posts throughout the community. They are in no particular order and if we inadvertently omitted our income summary, please share your results in the comments section and we will do our best to include you going forward. July was a huge month for the two of us, so let’s see if the dividend investing community shared similar successes!
Man, talk about tough acts to follow. Lanny had one heck month hauling in a crazy $740 in dividend income during this “off” month. Congrats on the great month Lanny! With figures like that, I am setting myself up for yet another defeat in July, which makes perfect sense considering his portfolio is nearly triple the size of mine. However, I have one glimmer of hope this month that can catapult me to fictitious victory over Lanny. What is it? I own more shares of Kraft than Lanny. The question is, will this one-time special dividend be enough to push my dividend income for the month over $740. Let’s find out!
Wow, what a crazy end to the month! I felt like the last week was filled with can’t miss stock market action. It seemed like every minute I opened my eyes another chunk of my market value was missing. But it is okay, the decline has two factors I love: it increases the power of dividend re-investing and it creates new buying opportunities. Lanny recently wrote about on Friday 4 stocks that he is considering re-upping his position in because of this decline. For me, I may finally make my long-awaited move into the financial sector. I know I will be purchasing something next week; I just don’t know what that stock is yet. But it seems like Aflac is a very solid potential purchase and may be forcing my hand. Anyways, before I continue to babble about future purposes, I figured I would review my month of July Investment Report.