Dividend Income Update July 2015

Written by MrStockFox. Posted in Dividends

Dividend Income

Another month is in the books and its now time to update things for July.  First things first, a couple days ago I noticed that I had been incorrectly tracking the future dividend rate for one of my positions.  Centamin Egypt pays an irregular dividend twice per year.  I incorrectly assumed that the dividend amount paid last May would also be the same amount paid in September.  This has reduced my 12 month future dividend total by approx. $200.   Although this reduced the total amount, I still believe that I will hit my goal of $5000 by the end of the year.

Moving forward things keep tracking along.  My monthly income was 133% higher than the same period a year ago and -37% compared to my income in June.  

Current Stats
  • 12 Month Income = $2916.84
  • Total 12 Month Future Dividends = $4500

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Key:

  • Dividend Income
  • Account Value
  • 8 Month Moving Average

Monthly Capital Contribution

The portfolio was again negative for the month, deceasing by 7.0%.  The decline in energy companies continues to take a near term toll on the portfolio.  The current value decreased down from $98225 to $95,992.  Below you can view the total contributions made to my Dividend Portfolio since inception along with the 12 month total.  For the last five months my contribution rate has been over $4000.  My overall contribution rate is tracking very nicely.  Currently my 12 month capital contribution total is coming in at $47,380 which increased by $3000 over last months average. Over time I would like to see the red moving average continue to increase over time.

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Portfolio Weighting

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This month my energy positions continued to grow over last.  Going forward I plan to lessen my purchased in energy.  I have a huge position at this time and need to focus elsewhere.   I still plan on building up XOM, EPD, SXL, SHLX, and TRGP.

If you wish to view any of my past monthly updates you can find them here.

Thanks for reading.

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