Wednesday, August 3, 2016

Dividend Income: July

It's the beginning of another month and that means that it's time to tally the dividend payments from the previous month. All in all, it was a great month. I find that pretty much any time there is a payment incoming from AT&T (T), I can expect a fairly decent payment. It definitely helps boost the confidence moving forward that the strategy of dividend investing is a good strategy.

Where it may still not seem like a whole lot at a total of $28.25 for a whole month of dividends, it actually is a big enough amount to do something with. Hell, for a good portion of my portfolio, the stock price per share is less than that. That means that this last month provided for me the opportunity to add even one more share (theoretically) to the portfolio. With one more share there comes one more payment of dividends that further propels the snow ball forward.

I also want to remind myself with another month past that it is important to not bench mark your portfolio based on other investor's portfolios. Even though this can sometimes be a great motivator for future success, it can also give an unfair view of things as investing in dividends can be a very skewed curve when graphed out. The more dividend payments coming in, the faster the trend line goes up so it does not accurately represent a slow and steady trend upwards but more an increasing stream that will eventually become a roaring river. I just have to keep my eye on the prize moving forward and have faith that the small stream of income I've built will eventually pick up more and more speed. Anyways, here is the breakdown for the month:

July Dividend Income

RAI - Reynolds American Inc. - $5.88
STAG - STAG Industrial - $1.74
GE - General Electric - $5.75
T - AT&T - $14.88

Total July Dividends: $28.25


  1. " is important to not bench mark your portfolio based on other investor's portfolios," so true. I think too often we get caught up in trying to outdo one another in terms of dividend income. We are all at different points on the same path. Keep building that passive income stream bit by bit and in a year or two you'll look back at these reports and see how far you have come. Thanks for sharing.

    1. Will do, Divhut. I feel like I have to remind myself of it every month but I also have to remind myself that the reason I do so is because it's a very important part of the process. Thanks for stopping by!

  2. Well done reaper. July is a light month for a lot of folks! You're right on about the roaring river. YEA BABY!

  3. Keep it up, Dividend Reaper! Before long you'll be adding a 0 to that $28.25 total ($282.50)! The best thing about DGI is the "perpetual" part of it. Doing nothing else from now on, you'll earn $28.25 plus any dividend increases in the month of July for ever more!

  4. Thanks for sharing! Keep the ball rolling!