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July 2017 Passive Income Report

August 8, 2017

 

I can’t believe that another month has already passed us by again already but life marches on! With this fast-paced year comes more dividend investing results. With the month of July came more great results as my portfolio continues to grow and pay me.

 

Roth IRA

 

 

This is a solid result all things considered, 3.8% growth for the month even with ARR still impacting my year over year results.

 

There were essentially raises across the board for my portfolio with the exception of my ARR holding. No purchases or sales impacted this income so this is really a true picture of the power of growing dividend payers.

 

12-month dividends for this account are now $1,729.88 after ending June at $1,707.13. This is a 1.33% increase. This increase just about matches my prior month and August should be even larger with a recent transaction at the beginning of August.

 

Rollover IRA

 

 

More dividend growth investing can be seen here as MO raises it’s dividend almost 8% for me in the last year. In addition to this I made a purchase at the end of the month, adding to my OHI position.

 

Forward 12-month dividends for this account are now $990.97 after ending June at $826.29. Awesome! A huge 19.93% increase due to my recent purchase as well as other portfolio raises. As I’ve stated several times, I don’t add fresh capital to this account so getting my forward income up in this account is really fun.  

 

Brokerage Account

 

 

My brokerage account continues to see modest growth throughout this year. Here you can see I swapped out positions from PM to CSCO. This led to a 13.73% dividend growth rate year over year. Looking forward to eventually getting an addition to this portfolio.

 

Forward 12-month dividends for this account are now $535.94 in comparison to $509.03 at the end of June, for a 5.02% increase. Awesome increase primarily from dividend raises and particularly some strength in my BX holding.

 

Summary

 

In total, my dividend income for the month of July 2017 was $166.13, up 4.73% from my July 2016 total of $158.62. Considering none of this was the result of any new purchases during the period, I will certainly take an almost 5% increase. If I could get this every month I would easily outpace normal inflation.

 

Forward dividend income now sits at $3,256.79 up from $3,052.70 for a total increase of $204.09, or 6.69%. Excellent increase for the month. With this update I can say that I believe I will definitely be able to accomplish my goal of $3,600 forward 12-month income by the end of the year. This is amazing, as for a while I didn’t think I would actually reach this goal. I am already looking forward to setting my goals for 2018.

 

Cheers!!

 

 

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