June 2019 Dividends

Hello everyone, and thanks for stopping by. 

It's time again to take a look at the dividends for the previous month. 

Before I jump into that, I've got some good news to share:

After 7 tries, we finally got an offer accepted on a house!

It was getting discouraging after going 0 for 6 with offers in such a crazy market, so we weren't sure how long it would take to find something. We managed to edge out a double digit number of competing offers, and it feels great to be able to move forward on this. Once we close, then I believe I can get back to putting more money to work for me via investing. One of the good things about it is that with the mortgage and taxes we'll be paying close to the same amount that we're paying now in rent. I don't know about you, but I consider that a win-win.

So back to business, let's take a look at how June treated me:

June 2019 Dividend Summary
Taxable Accounts
Company	Symbol	Date	Amount
The Kroger Co.	KR	6/3/2019	$0.98
W.W. Grainger, Inc.	GWW	6/3/2019	$15.84
Hanesbrands, Inc.	HBI	6/4/2019	$1.95
Cummins, Inc.	CMI	6/5/2019	$9.12
Target Corp.	TGT	6/10/2019	$20.48
Emerson Electric Co.	EMR	6/10/2019	$2.94
Intl Business Machines Corp.	IBM	6/10/2019	$3.24
Walgreens Boots Alliance, Inc.	WBA	6/12/2019	$17.16
Compass Minerals Intl., Inc.	CMP	6/14/2019	$11.52
V.F. Corp.	VFC	6/20/2019	$10.71
Flowers Foods, Inc.	FLO	6/21/2019	$13.11
Vanguard High Dividend Yield ETF	VYM	6/21/2019	$2.20
Qualcomm, Inc.	QCOM	6/27/2019	$37.78
Taxable Accounts Total	$147.03
Roth IRA Account
Company	Symbol	Date	Amount
Vanguard High Dividend Yield ETF	VYM	6/21/19	$24.14
iShares Core S&P Small Cap ETF	IJR	6/24/19	$3.63
iShares Core S&P 500 Large Cap ETF	IVV	6/24/19	$20.55
Roth IRA Account Total	$48.32
Overall Dividend Income Total	$195.35
Forward 12-month Projected Dividend Income Total			$1,831.00

The third month of the quarter is always plentiful with dividends, and this was no different. The total is a bit lower as explained previously as some sells were needed for house down payment money, but positions are being slowly built back up.

I did slow down my adds for June, as I am still saving money for some work that will need to be done on the house once we close on it, come late August. Also my car is giving signs that it is approaching it's last legs, so some "new to me" car money will be needed as well.

Here are those adds:

June 2019 Transactions
Buys	Qty		Sells	Qty
LAZ	2		N/A	N/A
WBA	2

I still see Lazard (LAZ) and Walgreens (WBA) as undervalued, so I am adding to those where I can. Down the road, I expect these to be fruitful investments, but am happy to add at their current value prices.

Now let's take a look at my dividend income history in tabular and graphical form:

Month	2014	2015	2016	2017	2018	2019
January		$14.38	$14.42	$70.45	$72.34	$97.11
February		$49.07	$50.38	$112.01	$190.55	$178.07
March		$50.22	$52.16	$182.28	$232.83	$231.81
April		$10.83	$27.91	$64.56	$78.40	$70.34
May		$46.52	$59.42	$132.14	$162.41	$187.18
June	$6.69	$47.51	$90.97	$198.86	$259.18	$195.35
July	0	$18.99	$51.37	$168.64	$102.00
August	$33.96	$50.11	$86.07	$156.46	$183.50
September	$54.75	$55.61	$101.70	$226.17	$192.40
October	$10.94	$14.42	$72.53	$79.06	$133.64
November	$48.79	$50.11	$103.31	$158.18	$184.42
December	$63.55	$49.89	$168.03	$234.71	$255.99

For the reasons mentioned already, a lower dividend income has been expected, and that's what we have, although still a decent amount at just below $200.

The quarterly and annual comparison is below:

	%Chg Qtr	%Chg Year
June 2019	-15.73%	-24.63%

Since I decided to sell shares to fund the down payment, much of my rebuilding of the portfolio and share purchases went to Walgreens (WBA), which pays out dividends during the third month of the quarter, including June.

More of that will happen with other companies as they approach value territory. Thus, I am making inroads back to the previous level of the portfolio. I expect to reach that level in due time, hopefully before the end of the year.

So, in conclusion, I'd say June was a mixed bag, with lower totals than the previous quarter and year. However, none of these were due to dividend cuts, and many companies in the portfolio are still raising their dividends. The house purchase will close soon (knocking on wood for no shenanigans), and much of the money saved each pay period going forward can soon go back into the portfolio.

I'm excited for the future and building this thing back up!

So that's a wrap for June 2019 dividends, how was your June? Let me know below in the comments!