July is well in the books and I am running way behind on this update. There is no great story that goes along with the tardiness. I honestly just got busy in life, let time slip away and then wake up and realize I was over a week behind on doing this update. So lo and behold, let’s get to it.
The portfolio doesn’t normally spark a lot of excitement during the month of July and this year doesn’t disappoint. It was a good month overall. I received a small amount of dividend income and I put it back to work by using a DRIP. Plus, I had a purchase that happened during the month but wasn’t reported about here.
Hopefully, you can overlook the tardiness long enough to endure another monthly update from More Dividends.
During the month of July there was one addition to the portfolio that hasn’t been posted about since it happened.
Procter & Gamble (PG) – 7 shares – $20.08 to PADI
It wasn’t a large purchase but it was a new position. I plan to hold the stock for a while so I think I am good buying here and if it goes lower then I can just by some more 🙂
This month provided me with a new 1st month of the quarter high record. It’s not very much during Q1 but I am glad to see the growth
Genuine Parts (GPC) – $4.39 – Reinvested
Coca Cola (KO) – $5.64 – Reinvested
Manhattan Bridge Capital (LOAN) – $.62 – Reinvested
Altria Group (MO) – $4.90 – Reinvested
Realty Income (O) – $5.80 – Reinvested
STAG Industrial (STAG) – $1.30
July was the first month of Q3 and accounted for $22.65 of my 2018 Dividend Income.
In total during 2018, I have earned $334.55 in dividend income!
That is 33.46% of my 2018 goal.
So far my dividends received looks like this
Dividends Received By Year
Year over year, I saw a 229.9% increase in dividends earned during the month of July. Like a lot of months, my additions have helped fuel most of the growth year over year. This trend will probably continue until I get my positions built up enough so that the reinvested dividends can start doing some of the work.
It is a whole lot of the same here. The addition didn’t affect my allocation too much so most of the changes are just caused by the movements of the market. Overall, I am still happy with my current allocation.
My portfolio is looking great right now. The total value has never been bigger and also the paper gains are back to reaching levels that haven’t been seen since back earlier this year. I am hoping to continue the growth of the portfolio through making solid investments in solid companies and also through adding additional capital.
Here are the articles that I posted on MoreDividends.com during July from oldest to newest.
More Dividends Update from July 2018
Recent Buys from DGI Bloggers – Week of 7/2/2018
The Single Best Investment by Lowell Miller
Recent Buys from DGI Bloggers – Week of 7/9/2018
Recent Buys from DGI Bloggers – Week of 7/16/2018
10.3% Dividend Increase from Wells Fargo ( WFC )
25% Dividend Increase from Bank of America ( BAC )
Recent Buys from DGI Bloggers – Week of 7/30/2018
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One secret purchase and some reinvested dividends. The month turned out to be a good month. My 1st month of the quarter is growing stronger and I am projecting even more growth to come in October.
I am really looking forward to see what the next couple of months have in store for the market and hopefully I will be able to find some great opportunities to buy more stock.
As always I look forward to reading all of your comments and questions, until then….. happy investing!
-Jason from MoreDividends.com
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