Dividend Income Update July 2017

Summer seems to fly by rather quickly and this year is no exception. I went on a vacation out to Alberta and British Columbia in July and had an amazing trip. Time sure flies when you’re having fun! This month was alright for passive income, not quite a record setting month, but still worth checking out in more detail:

bear

The big names of the S&P500 looked mostly in the green for the past month. Despite this, there seem to be more than a few quality names that are on sale. There is a great deal of analysis out there pointing to stocks hitting overvalued territory. It is up to each investor to do their own analysis and determine whether a stock purchase makes sense for them.

finvizsp500july

I try not to pay too much attention to all the hype and the volatility of markets. Not everyone is the same way though. There are those calling for a massive crash, and others that insist the bull market will not stop. A series of strong earnings reports from some of the largest U.S. companies has led the Dow Jones to new heights reaching a record 22,000 milestone.

dow

July looked a little more interesting for the main indices I follow – two shot up and one was flat: S&P500 +2.18%, NASDAQ +3.62%, TSX +0.13%.

July Dividends Received: 

TD $5.4
BNS: $6.08
KO $4.34
ZCS $0.14
ZFM $0.09
Total: $16.05

When compared to July 2016, my dividend income grew by +19.8%, from $13.4 to $16.05. That is not too shabby considering I have rarely added new stock holdings over the past year.

Most of the holdings in my Niche Fund pay quarterly dividends so some months will have more income reflected than others. From now on, I’ll include dividends received from my ETF holdings in addition to my dividend stock holdings. This should provide a more interesting roundup each month, especially as the ETF holdings pay more consistently than some of my stocks.

My Dividend Income page has a calendar showing when I expect to receive dividends from each of my stock holdings.

The featured image for this post is from my vacation in Banff and Lake Louise, Alberta. The Rocky Mountains are a must see and while you’re there, you can knock a drive up the Icefields Parkway highway off your bucket list. If it isn’t on there, you aren’t doing life right.

Thank you for checking out my blog. If you have a DGI blog I would be interested to hear from you so I can update my blogroll. I hope everyone is enjoying a nice summer and keep sharing your dividend growth posts. It is great to see the analysis and shout outs to fellow bloggers out there.

Dow Dominance image source: WSJ

 

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4 thoughts on “Dividend Income Update July 2017

  1. Nice man great yr over yr gains considering you havent added much funds. Nice pic too would love to go to bc. Its sad ive been to alot of places in the world but surprisingly only went as far as montreal in canada……
    Cheers

    Like

  2. Keep building up that dividend income stream. You are taking all the right steps with that strong double digit year over year gain. As always, I like seeing those Canadian banks contributing to other portfolios. Thanks for sharing.

    Like

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