For June 2020, the Divs4Jesus Portfolio received dividend income from thirteen different companies (PSX, V, HON, JNJ, SNA, SWKS, EVR, WBA, RHI, LYB, NWL, TSN, and PRU). The total was $170.46. This was a 40% increase from June 2019 where the total was $121.60. The difference was increased payments from V, SWKS, WBA, TSN, NWL, LYB, and PRU. Plus new payments from PSX, HON, JNJ, SNA, EVR, and RHI. This was also in spite of F and AEG not paying dividends this June due to the effects of the Covid-19 Pandemic. Overall, this is a another good month and we cautiously hope to continue the streak month over month as the companies in our portfolio deal with the Covid-19 Pandemic.
Considering the environment we are in a 29% increase is nice. In a normal year, without suspended dividends, most yoy growth is from buying more shares and then from dividend raises so the fact you jumped this much with suspended dividends is a good sign you are doing things right.
Keep it up you are still in the early stages of your investing life and someday you will look back and be thankful you had the opportunity to capitalize on the down market.
Yes I can’t complain — very fortunate so far — hope to keep it up for the rest of the year — for July I actually just passed the entire dividend income from last year — so I’m hopeful that means I’m going in the right directions and learning to make smarter decisions.