As a matter of fact, the portfolio achieved its alltime high dividend income!
Hopefully my first 3 digit income, soon. :)
Here's the breakdown.
Dividend income
JNJ $12.80
TGT $15.68
AFL $7.79
MCD $4.45
CVX $10.70
TROW $6.48
QCOM $7.42
WFC $6.46
ADM $6.90
UNP $4.40
Total June: $89.58 (pre tax)
Net received: $76.14
Comparison with last year (gross)
June 2015: $54.02
June 2016: $89.58
This is a 66% YoY increase. Once again, I'm very happy with this progress!
Dividend raises
On June 8th, TGT increased their quarterly dividend from $0.56 to $0.60.
This is a 7.14% increase. Due to this change, my YOC is now at 4.09%.
Update on goals
My goal is to receive $750 net dividends in 2016.
With the first half year already in the books, I'm afraid I am behind on schedule..
Net dividends received so far: $300.24, while it should have been $375.
Due to a recent car accident, I had to buy another (used) car.
Good news however: the accident did not harm me in any way.
I'm very happy to be alive, as it was an accident at the highway due to aquaplaning.
Bad news: it was an old car, so my own costs to replace it, are not insured. That's why I have to refill my emergency funds, lowering the amount I could invest for the next 10~11 months.
But after all, that's just money and my health is a lot more important than that!
How was your June? Thanks for reading!