July 2017 Income & Status Update

I can’t believe we are already done with July, it seems time is just flying by.  Things are running very smoothly with the portfolio, I have started to downsize my portfolio as it was a bit out of control with too many small positions and happy to report it is done.

New Capital

Happy to report that I was able to inject more capital to my Dividend Growth Engine, a total of $4,304.90 that is currently being deployed.   It is still 4x more than I was able to put last year and now that I have cleared off all credit card debt, this amount should start increasing also.

Dividends

Because of the shift of my portfolio, July was a small dividend month in terms of payouts, most of the dividends are getting paid out on the 2nd and 3rd month of the quarter.  Total income was $9.70 compared to $10.09 last July.  Companies/ETFs that paid out dividends are:

  • SPHD
Purchases
  • V (added 50 shares  @ $94.00)
  • TGT (added 10 shares @ $50.36)
  • SPHD (added 100 shares @ $39.75)
  • COST (added 10 shares @ $151.12)
  • T (added 75 shares at $36.63)
  • VZ (added 75 shares at $43.76)
Portfolio Balance

July finished with a balance of $91,801.51, a 13.24% change from June of $81,067.81.

I’m extremely happy with the portfolio performance thus far, balance is continuing to grow.  Expected Monthly Portfolio Income is also growing sitting at $279.23 in passive income that is being re-invested every month and thus getting closer to reaching my goal of FI.

Thanks for reading,

Tech Guy

7 Replies to “July 2017 Income & Status Update”

  1. That’s a large amount of fresh capital to be deployed. Keep feeding the dividend beast to let it grow! Looks like your portfolio is performing quite well. Always nice to read about purchases being made. Some have sold out of their positions altogether but staying in the game is what counts for DGI. Keep up the good work.

  2. D4F –

    WHOA – those price points that you were able to pick those companies up were well played, and damn I’m jealous on a few! Nice work over there and excited for the div checks to start rolling sir!

    -Lanny

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