July 2023 Dividend Income Report

A dividend income update after a long time. This is going to include the last 3 months – May, June and July.

Before getting into the income report. I want to mention that similar to last time, I have made some updates to the portfolio page to show only my dividend portfolio. Major changes from last time are

  • I do not have the amounts for each stock listed anymore.
  • Added a pie chart to show the allocation for each stock

Overall nothing too different from before but I figured having the amounts listed out does not bring any value. It is now just listed as a percentage of all dividend stocks.

May Dividend increases

  1. Apple increased its dividend by 4.3%. Dividends went from $0.23 per share to $0.24 per share.

Dividends for May 2023

May dividends totaled to $66.27. This is a 4.7% increase from last May when the dividend total was $63.30.

CompanyTickerDividend amount
General MillsGIS$1.62
CVS HealthCVS$8.47
Texas InstrumentsTXN$1.24
Sirius XMSIRI0.29
Invesco S&P 500 High Div Low Volatility ETFSPHD$0.15

Dividend changes in June 2023

  1. IVZ – 6.6% increase from $0.1875 to $0.20 per share.
  2. DFS – 16.6% increase from $0.60 to $0.70 per share.
  3. SPG – 2.8% increase from $1.80 to $1.85 per share.

Dividends for June 2023

June dividends amounted to $58.18. This is a huge 41% increase from last year when it was $41.21.

Most of this increase is from a newcomer to the portfolio in T. Rowe Price. This is a position I started in December 2022 and built up to my third largest position in the dividend portfolio. You can check out the portfolio here.

CompanyTickerDividend amount
Wells FargoWFC$1.50
Helmrich & PayneHP$0.49
Valero EnergyVLO$1.02
Discover FinancialDFS$0.70
Exxon MobilXOM$0.91
Kinross GoldKGC$0.30
Bath & Body WorksBBWI$3.40
Kraft HeinzKHC$1.20
T. Rowe PriceTROW$13.57
Gilead SciencesGILD$1.50
Simon PropertySPG$1.85
Invesco S&P 500 High Div Low Volatility ETFSPHD$0.15

Dividend changes in July 2023

  1. MDT – 1.5% increase from $0.68 to $0.69 per share.

Dividends for July 2023

July is the worst month in this. It saw a decrease in total dividends. Last year was $66.73 and this July is $66.16. Barely noticeable with a less than 1% decrease but nothing to write home about like in June.

CompanyTickerDividend amount
Iron MountainIRM$9.90
Seagate TechnologySTX$5.60
Franklin ResourcesBEN$2.10
Occidental PetroleumOXY$0.90
Cardinal HealthCAH$0.50
U.S. BancorpUSB$3,15
Micron TechnologyMU$2.07
Cisco SystemsCSCO$0.39
Annaly Capital ManagementNLY$14.63
Invesco S&P 500 High Div Low Volatility ETFSPHD$0.16

Dividend amount by month

Dividend amount by year

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