Wednesday, September 4, 2024

July 2024 Dividend Analysis


 Introduction: July 2024 marked a significant milestone in our dividend portfolio, with total dividends received amounting to $749.59. This represents a substantial year-over-year growth of +27.53%, driven by strong performances from key holdings and the introduction of new contributors.

Key Growth Drivers: One of the standout performers was FXAIX (Fidelity 500 Index Fund), which delivered an impressive $138.38, reflecting robust market conditions. Similarly, MO (Altria Group) continued its strong performance, contributing $84.18. The addition of DOX (Amdocs) was a game-changer, adding $91.25 in its first-ever dividend payout.

Steady Performers: Companies like Coca-Cola (KO) and Realty Income (O) maintained their consistent growth patterns, contributing to the overall increase in dividends. Both companies are known for their reliable dividend policies, which continue to benefit the portfolio.

Challenges and Declines: However, not all was rosy. Ladder Capital (LADR), which had been a consistent contributor in previous years, saw its dividends drop to zero, signaling possible financial challenges. Bank of Nova Scotia (BNS) also showed minimal growth, indicating a more cautious approach in the current economic climate.


SYMBOL2021 July2020 July202220232024Difference
KO9.899.1710.6711.94131.06
MO48.8836.356.772.2184.1811.97
VTR15.1515.1515.6416.2916.940.65
O6.316.2278.0310.352.32
LADR4.674.075.496.670-6.67
CSCO32.8230.9135.7238.9423.1
BNS41.937.6948.848.0648.880.82
NLY121213.4210.9612.591.63
CINF35.653339.8744.4749.424.95
STWD56.6456.6461.0967.474.126.72
AGNC6.266.177.318.429.81.38
MO8.717.819.7911.1112.661.55
IRM6.175.746.56.847.470.63
FXAIX90.5289.45106.71113.29138.3825.09
DG4.223.611.0713.4620.687.22
STWD26.4525.3228.5231.4434.593.15
ITW7.326.7615.7117.318.91.6
Fundrise31.2216.9240.249.3250.551.23
TROW155.910000
DOX000091.2591.25
JPM9.969.911.3611.7213.832.11
610.65416.32531.57587.83749.59161.76

Summary of the Data:

  • Total for 2021 July: 610.65
  • Total for 2020 July: 416.32
  • Total for 2022: 531.57
  • Total for 2023: 587.83
  • Total for 2024: 749.59
  • Total Difference: 161.76

2024 Dividend Goal Progress Summary

As of July 2024, your total dividends received amount to $9,663.29. Here’s how each month has contributed to this impressive figure:

  • January: $572.46
  • February: $765.00
  • March: $3,116.15 (a standout month)
  • April: $699.64
  • May: $790.46
  • June: $2,970.00
  • July: $749.59

Key Observations:

  1. March and June are the top-performing months so far, with March alone contributing over $3,000 in dividends.
  2. June also saw a significant contribution of nearly $3,000, reflecting strong mid-year performance.
  3. July marked a smaller increase, but it was still a solid month, adding $749.59 to the total.

Progress Towards 2024 Goal:

Your 2024 goal is 49.56% of your target, with the current total reaching $9,663.29. You’re making steady progress, and with five months left in the year, you’re well on your way to achieving, if not exceeding, your goal.

Monday, April 29, 2024

2024 March Dividend Income

It's a testament to the power of dividend investing and the potential for generating passive income from your investments. It seems like you have a well-diversified portfolio with holdings across various stocks or funds that pay dividends. Receiving $3116 in dividends in a single month can provide a significant boost to your income or can be reinvested to further grow your portfolio. Keep up the good work in managing your investments!

In March 2024, the financial world witnessed a notable surge in dividend payouts across various stocks. This surge underscored the enduring appeal of dividends as a key component of wealth generation for investors.


The table below outlines the dividend payments received for select stocks during March 2024:

Stock symbol2021202220232024Difference 2024-2023
V8.019.4311.413.261.86
SO22.9425.0427.4829.161.68
JNJ16.4833.6236.7740.794.02
CVX35.4640.5244.5549.494.94
TGT22.7430.4137.3638.961.6
MSFT9.0610.0911.1712.421.25
MMM2.969.0211.0511.620.57
O6.246.797.878.891.02
BTG77.197.447.540.1
BBL129.78207.63131.78105.42-26.36
TROW55.7870.3178.0582.994.94
UNP47.0858.396567.46752.4675
AVGO7.28.4418.422.34253.9425
WFC2.015.97.488.991.51
ADM7.838.7210.0711.461.39
MMM55.5169.3788.4295.57.08
BBL6.0610.046.650-6.65
WFC5.8714.8118.1921.873.68
WFC3.729.411.5413.882.34
KR4.375.186.537.460.93
AFL12.2218.0519.8624.24.34
DFS79.2291.1111.705133.7522.045
DFS13.6315.7319.2923.1053.815
AMGN44.650.3356.9962.255.26
JNJ51.5555.2860.4765.55.03
AGNC6.177.048.038-0.03
LMT016.9325.1635.3210.16
FLO11.312.2713.2914.421.13
HD2.2924.1263.8581.5217.67
HON23.3625.0326.8628.771.91
UPS11.2216.9718.6719.50.83
PRU23.0625.0527.365302.635
TGT17.6623.6229.230.51.3
LYB9.8812.4530.0135.115.1
HSY24.627.9732.7344.1711.44
ED39.1541.143.5646.222.66
KTB2.853.353.673.980.31
FLO18.1719.5721.192523.011.8175
D14.6915.9516.5417.420.88
VFC26.2227.2917.240-17.24
VTMGX20.1111.01000
VMCIX70121.9193.95291.897.85Replaced old VIMAX
VIIIX0148.93186.4244.4258.02
UL52.250.8549.5552.20252.6525
VMCPX131.45151.66290.84435144.16
VSCPX102.27103.78319.56293.67-25.89
LMT64.1871.4678.3384.47756.1475
AVGO18.8959.1691.66113.8322.17
GILD29.8234.3937.2539.722.47
SHEL19.8429.336.4142.61256.2025
GILD33.5938.5741.9244.7152.795
PEP11.6913.7217.422519.68252.26
SCHD00031.01
AVGO18.9933.1538.3946.758.36
1460.972037.382664.5653116.145451.58


Comparing 2023 VS 2024

  1. Overall Increase: The total dividends received in 2024 ($3116.145) surpassed those of 2023 ($2664.565) by $451.58, indicating an overall uptrend in dividend payouts during this period.

  2. Positive Growth: Many stocks experienced growth in dividend payments from 2023 to 2024, reflecting improved financial performance and increased shareholder value. For example, stocks like JNJ, CVX, TGT, MSFT, O, BTG, TROW, UNP, AVGO, ADM, AFL, DFS, AMGN, LMT, FLO, HD, HON, UPS, PRU, LYB, HSY, ED, KTB, D, VMCPX, GILD, SHEL, PEP, and SCHD all saw increases in dividend payouts during this period.

  3. Substantial Increases: Certain stocks witnessed significant jumps in dividend payments, indicating robust performance or enhanced dividend policies. Notable examples include DFS (with a $22.045 increase), VMCPX (with a $144.16 increase), HD (with a $17.67 increase), and AVGO (with a $22.17 increase).

  1. Overall Summary:

    • Total dividends received in 2021: $1460.97
    • Total dividends received in 2022: $2037.38
    • Total dividends received in 2023: $2664.565
    • Total dividends received in 2024: $3116.145
    • Difference between total dividends in 2024 and 2023: $451.58 (indicating an overall increase in dividend payouts from 2023 to 2024)
  2. Trends:

    • Overall, there's a general trend of increasing dividends over the years for most stocks.
    • Some stocks show significant increases in dividends from 2023 to 2024, while others show smaller or negative changes.

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