June has come and gone, and it was really a fantastic month. In terms of dividends, I have hit my highest distribution total ever. I know that my dividend totals and the value of my portfolio are pretty small potatoes to a lot of other bloggers/investors out there, but I'm pretty proud of my humble origins and my extreme motivation to get where I want to go. Without further ado...
June 2011 Dividends Received
- Wal-Mart (WMT) - $13.87
- Exxon Mobil (XOM) - $15.51
- Chevron (CVX) - $7.80
- Johnson & Johnson (JNJ) - $39.90
- McDonald's (MCD) - 8.54
- Total (TOT) - $54.30
- Harleysville Group (HGIC) - $23.04
- Pepsi (PEP) - $17.00
Wow! I'm just amazed to see that number. I started with $7,000 in my brokerage account just over one year ago and I'm just really proud to see how well I've done in terms of budgeting, living frugally and saving money so that I could grow my portfolio, and therefore my dividends, to this kind of amount. Maybe I should take a one-day reprieve from living frugally and go out and celebrate! Of course, I really do enjoy saving money and investing, so the process is a celebration in itself.
Overall, I'm very happy with the progress so far. It took a lot of positions paying out this month to hit such a high number, so obviously I won't see this type of income again for a little while, but it sure was nice while it lasted! I'm just excited to keep chugging along.
I'm still behind my goal of producing $1,200 in total dividend income for the year of 2011. I have produced a total of $498.61 in dividends through June, which is the half-way mark for the year. I have some serious catching up to do!
I have updated my dividend income page to reflect June's dividends.
Thanks for reading.