Although we’re already half way through July I haven’t forgotten about June. Of course I couldn’t beat my record from last month, but it was still an overall good month. I only wrote a few monthly dividend income reports, but one thing I noticed is how every month is unique compared to the next one. You have your yearly dividend payers, the US stocks that pay every quarter and half the dividend from the Australian shares every six month. Let’s dive right in and look at the dividend income of June.
June 2017 brought the following dividends:
No dividends from my Australian Shares
European and US shares in Euro:
Realty Income 3.96
VF Corp 8.60
Royal Dutch Shell 17.61
Extra Space Storage 10.22
Service Copr 6.03
Total dividend: 210.29 €
As usual I do apply the latest exchange rate to calculate the overall amount in Australian Dollar. June 2017 brought a solid $312.38 AUD. It’s a very nice number I have to say. Let’s see how this looks in the chart comparing the monthly income year over year.
June has been an average month as you can see from the chart. I had a couple better months since the spring is usually a good time for me, but now we are back to normal digits. I noticed that it gets increasingly harder and harder to keep up with everything. My money is spread out over more than 40 single investments at the moment, the majority of which are paying dividend. It certainly would be easier to keep the number of investment lower, but there are just so many good companies out there that I want to own.
The dividend growth for June from 2016 to 2017 is 182.62 %. I do love those triple digits growth rates, because I will not see them again. At least that’s the plan. I still hope for a solid dividend increase in the coming year. Speaking of, the year over year growth is also coming along just fine. If we look at the following table we can see that I am already 22.55 % further than I was in 2016. Considering that we are only half way through the year, I am as happy as can be!
Alright, June is done and it was a good month. I did sell out two of my investments, Woolworth and BHP. The later one made a nice recovery right after I sold them; shame! This is a good reminder that I am not in the trading business. I really want to apply a buy and hold strategy, but it’s always tempting to chase that fast new investment. This is something I have to work on in the future.
The end of June is also important since it marks the end of the financial year in Australia. That means I can spend the next weekend going through all my documents to track down everything for my tax return. Since I expect a nice return, its time spend well.
As a new tradition I like to end the monthly income posts with my calculated forward dividend income for the next 12 month. I calculated this metric for the first time in May and it turned out to be a solid $287 AUD. If I am not mistaken, my forward monthly dividend income sits just at $311 AUD. Did I mention before it becomes harder and harder to keep track of everything?! I am not sure where this $22 AUD jump comes from, but if it’s in the numbers it must be true. That’s all for this month, I am thinking about adding my investments for the month in these posts from now on. I usually buy one or two new investments each month these days. Let’s see how next month turns out, I certainly can’t wait.
Full Disclosure: Long in all above mentioned securities.