July’s dividends received from my ownership shares in my taxable and retirement accounts have been recorded, and I’m sharing another monthly update for tracking the progress of my dividend income.  My taxable accounts include Merrill Edge, fractional shares that remain in Computershare, and a couple of stocks I own in Loyal3.  Cumulatively, there were 9 companies in which I own a small percentage stake in that sent me my portion of profits distributed as dividends for $39.90.  Please don’t laugh, lol!  The shares I’ve gifted this year has really set me back a couple of steps, but I intend to keep plowing ahead, paycheck by paycheck, month after month to continue to acquire ownership shares in the best businesses on the planet.

My two largest holdings for the July payout were The Coca Cola Company and Realty Income, aka The Monthly Dividend Company.  As I mentioned in last month’s update, I gifted 25 shares of Realty Income a couple of months ago, and 24 shares of Coca-Cola last month.  I made sure I waited until the ex-dividend date so that I could receive the dividends based on the shares I owned prior to gifting.  Waiting until after the ex-dividend date allowed me to receive an extra $8.40 from Coca-Cola.  Not a whole lot, but a little something extra.  This means, I’ll  be receiving less the next time around until I can add more to my position.

In my retirement accounts, I received $656.44 of which the bulk of this coming from a dividend I received in a mutual fund Davis New York Venture (NYVTX).  In total, I received $696.34 which was reinvested automatically.

Below is a list of every dividend I collected for the prior month.   

 

NOTE: I utilize google docs feature so you may have to click on the tab for “07_2016” to see July’s Dividends.

 

I’ve updated my Dividend Income page to reflect July 2016 dividends.