My goals were defined in this December 1, 2007 Investing Goals post and last updated in my 2014 Investing Goals post. Below is an updated version of the table found in the original post.
| Description | Dividend Income Annualized | Yield on Cost |
| 2027 Goal | 110,000 | n/a |
| 2017 Goal | 42,000 | n/a |
| 2014 Goal | 30,000 | n/a |
| December/2013 | 26,580 | 4.54% |
| Purchases YTD | 2,709 | -0.09% |
| Div. Changes YTD | 891 | 0.14% |
| Sales YTD | -746 | 0.01% |
| June/2014 | 29,434 | 4.60% |
| Purchases | 282 | 0.00% |
| Div. Changes | 219 | 0.02% |
| Sales | 0 | 0.00% |
| May/2014 | 28,933 | 4.58% |
The above information covers the current month and year-to-date through the current month.
Click here for a Detailed Historical Progress Table.
For the month, annualized dividend income increased $501, and Yield on Cost (YOC) was up 0.02%. This month's changes were a net of new purchases, dividend changes and sales. Let's examine each of the these categories:
Purchases: Purchases this month increased my annual dividend income by $282 and had no effect on yield on cost 0.00%. As noted in earlier updates, I generally expect YOC to drop in most months since new investments will yield less than my current YOC, and dividend increases will not normally be sufficient to offset the decline, as they were in June.
Dividend Changes: The $219 increase in annual dividend income and 0.02% increase in YOC related to the following dividend changes (a=dividend stated in annual terms, q=quarterly, m=monthly):
- $31 Exxon Mobil Corporation (XOM) $0.63q>$0.69q
- $68 Johnson & Johnson (JNJ) $0.66q>$0.70q
- $54 Chevron Corporation (CVX) $1.00q>$1.07q
- $8 Universal Health Realty Income Trust (UHT) $0.625q>$0.63q
- $58 Pepsico, Inc. (PEP) $0.567q>$0.655q
Sales: There were no sales in the month of June.
That's it for this time. The next monthly progress update will be early August.
Full Disclosure: Long, all the aforementioned securities. See a list of all my dividend growth holdings here.
Related Articles
- 6 Stocks With a Sustainable Dividend
- 5 Dividend Stocks Building A Growing Cash Stream
- 9 Dividend Stocks Beating The 4% Rule
- How To Buy Dividend Stocks At The Bottom
- 8 High-Yielding Dividend Aristocrats Not Afraid to Raise Their Dividends
(Photo: sanja gjenero)
Tags: [XOM] [JNJ] [CVX] [UHT] [PEP]
