Tuesday, July 2, 2013

June 2013 Dividend Income Update- $10k forward dividend milestone

Another month down and I am pleased to report that I broke $10k forward dividends this month.  I started my dividend growth investment game plan in April 2010 so this has taken me a little over 3 years.

The next milestone in my eyesight is also my 2013 goal of  $12k forward dividends- which may be hard to accomplish this year if the markets don't cooperate.  I am hoping for some big dividend increases the second half of the year from some of my big hitters to give me some lift.

Dividends Received

Total dividends received during the month were $1,231.86:
  • RDS.B $157.85
  • RDS.A $61.13
  • INTC $147.61
  • LMT $118.75
  • JNJ $114.17
  • EXC $96.24
  • TEVA  $86.43
  • PEP $77.39
  • AFL $73.42
  • BDX $66.07
  • FAF $64.50
  • MCD $61.20
  • CVX $59.60
  • EMR $30.08
  • GS $15.55
  • FTR $1.87


This months purchases:
  • $1200 of CAT at $83.64. Yield 2.87%.
  • $1200 of BBL at $54.67. Yield 4.17%. 
  • $500 of RDS.A at $66.20. Yield 5.44%.
  • $410 of AAPL at $402.01. Yield 3.03%.
  • $250 of TEVA at $38.21. Yield 2.62%.
Also reinvested all dividends.
$4,474 in total new capital added (including reinvested dividends) with initial yield of 3.61%.

Dividend Increases

  • CAT 15% raise. +$23.18 annual income. 

All together, annualized dividend income increased by $193 from last months total of $9,914 to $10,106. This means my dividend stocks will pay $10,106 in dividends over the next 12 months.


  1. Congrats on hitting the 10k milestone. I will be really pushing it to hit that mark by the first quarter of next year. Besides AAPL, we are buying a lot of the same companies. I will keep checking in on your updates.

    Take care!

  2. ABI, thanks for stopping by. The way you are investing each month, you may beat me to the $12k mark. Keep up the good work!


  3. I am jealous man. Congrats on the 10k achievement. If I wasn't eliminating my debt I would speed up for my own dividend machine, but the debt is more important at this point. I just reviewed my 2nd Q results and nothing exciting. This quarter was weak.

  4. Those are some impressive numbers there AA! Great work. I'm curious why you went with RDS-A shares over RDS-B shares.


  5. Wow, congrats on hitting $10k! That's amazing especially since you've been doing it for just 3 years.

  6. AA,

    Amazing stuff. To see that you hit $10k in three years is really inspiring. Keep up the great work!

    Best wishes.

  7. Martin, thanks man. Looks like you are developing a nice income stream yourself of dividends, options, and Lending Club interest. Keep it up and I am sure you will tackle your debt quickly.


  8. Captain Dividend, thanks for stopping by!

    There is no tax withholding if you auto reinvest the RDS.A dividends (which I do).

    If you take the A shares dividends as cash, you pay the withholding tax.

    Since I DRIP them, I started buying the A shares (they are cheaper and pay the same dividend as the B shares).


  9. Passive Income Pursuit,

    Thanks for dropping in and I appreciate the kind words. I attribute alot of the success to the constant smaller purchases I do through Sharebuilder. I think its a great program for building a portfolio.


  10. DM,

    Always good to hear from you and thanks for stopping by!

    Keep up the good work yourself. $500 dividend months are nothing to sneeze at!