July 2018 Dividends
Hello everyone, thanks again for stopping by. Another month has passed, and it's time for a dividend income summary, although a bit late.
Apologies, the month of August has hit, and it is prime fantasy football preparation time!
So that has taken some of my time away from providing a timely update. I am looking forward to a couple of drafts that are coming up, as they are an experience in and of themselves, especially the live drafts. Those that play know of what I am speaking...
I won my 14-team league last year, and so I return as defending champ. Therefore I need to make sure I come strong to defend my title!
There actually are many parallels between fantasy football and investing, something I may tackle in a later post.
But I digress, back to the matter at hand...
For July 2018, while away, enjoying our honeymoon in the first half of the month, it was a pleasure to still see dividends being paid.
Now let's see how good July was to me.
July is one of those "first months of the quarter" where I get the least amount of dividends in that 3-month span in a particular quarter. The good news is, however, that this income is growing.
As you can see, I did not make too many buys. I only added to my Walgreens (WBA) position by a share.
At present I have been focused on putting money into the saving account in preparation for a house down payment in the near future (hopefully in a year's time). It is becoming clear that some stock will need to be sold to make the down payment, assuming we will be putting 20% down (pretty safe assumption). So, I expect my income numbers to take a dip once that happens, which I'll be sad to see, but will be happy to replenish once we close on the house.
Let's now take a look at the dividend income history:
...and in graohical form
Qtr / Qtr
In the previous quarter (April 2018), my dividend income was $78.40. My July 2018 income was $102.00, resulting in a +30.1% increase. This is larger than normal, and due to receiving dividends from IVV and IJR, which typically pay in the last week of the previous month, but was delayed a bit and paid out in the early part of the following month. In any event, I'll gladly take the increase!
Yr / Yr
Last year at this time, my July 2017 income was $168.64. My July 2018 income came in at $102.00, resulting in a -39.5% decrease.
This one requires some explanation (clearly). My July 2017 total included a payout of $72.70 from my employer's Employee Stock Purchase Plan. In review of my July 2018 payouts, I realized that I have not yet received a dividend payout yet from my ESPP.
I believe that this will be coming shortly. Without this payout, this would have been an increase of +6.3%. But alas, we need to work with the real numbers, so it is a -39.5% decrease.
So there it is, my July 2018 Dividend Income Update, although a bit tardy. It feels good to get the non-ESPP portion of the income above the century mark. for what is normally one of my lowest income months of the year. Until I have to take a big chunk out of my portfolio to put towards a down payment, I will keep moving forward!
So, how was your July? Let me know in the comments!