June 2016 Dividend Income

 

It’s hard to believe that we are half way through the year already!  This is the perfect time to check up on my dividend goals.

June was another great month, especially for dividend income since the majority of my holdings pay out in March, June, September and December.  On top of that I made several great purchases and made some money trading (posts coming soon).

Here are some of my key dividend stats:

June 2016 Key Dividend Stats

Dividend Income

In June I received a total of $658.00 in my two portfolios: $105.31 in my Empire portfolio and $552.69 in my Retirement portfolio.

Compared to March 2016, these totals represent a 25.7% decrease for my Empire portfolio and a 21.8% increase for my Retirement portfolio.  This fairly large decrease in the Empire portfolio is due to the hefty special dividend Ford (F) paid out in March.  The big improvement in Retirement income came from my Frontier Communications (FTR) and Public Storage (PSA) purchases.

My year over year dividend increase for June was 79.1% in my Empire portfolio and an incredible 190% in my Retirement portfolio.  I can thank all of my DRIPs and my regular contributions for these massive increases.

June 2016 Monthly Dividends

 

June 2016 Quarterly Dividends

Here is a breakdown of the companies that paid me in June:

June 2016 Dividends Received

I received 10 payments in the Empire portfolio and 25 payments in my Retirement portfolio.  All Empire holdings (except for the stocks held in Loyal3) are on DRIP and the stocks purchased through DRIP activities added $4 to my forward income.

Pay raises:

I received 5 dividend increases for a total pay raise of $17.

June 2016 Dividend Increases

Forward Income:

All of my new purchases, DRIPs and pay raises increased my Empire forward income by ~$8 and my Retirement forward income by ~$100.

June 2016 Forward Income Progress

Progress Against Goals:

Finally, my dividend goals for 2016 are to receive at least $1000 worth of dividends in my Empire portfolio and $3000 in my Retirement portfolio.  Here is my progress through April:

June 2016 Dividend Progress Against Goals

I am right on the pace line for my Retirement income but I have some work to do for the Empire portfolio.  Luckily I have some cash on hand and I plan on contributing at least $1.5k into the Empire.

That’s it for my dividend update.  I will post my June purchases and my other portfolio updates soon.  Be sure to check out my Historical Data page where I have organized all of my monthly incomes, updates and screens (with links).

Disclosure: Long all stocks mentioned in this article.

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6 Responses

  1. DE,
    Nice progress! Those numbers are impressive. Great to hear from you..
    Take care and have a great weekend
    LOMD

  2. DivHut says:

    Time keeps marching on. I agree it’s amazing that half the year has gone by. At least we have our dividends continuing to roll in. Looks like you had some serious income for the month of June along with some great year over year growth. You are doing all the right things with some very solid dividend payers. Keep up the good work!

    • Dividend Empire Dividend Empire says:

      Thanks DH! It’s been a great year so far and I’m hoping for more of the same in the second half.

      Take care,

      Ken

  3. Ken,

    $658 is HUGE! Congratulations! You are making some serious progress… I’m excited about where we’ll be in a few short years.

    Keep up the great work!

    Blake

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