I received $380.16
in dividends in JULY.
Every quarter there are 3 months or dividend payouts, this is the smallest one.
| Monthly Dividends per Year | 2016 | |||||
| Month | 2015 | 2016 | 2016 $INC | 2016 %INC | Q OVER Q INC | |
| April | $201.00 | $313.00 | ||||
| July | $200.00 | $380.00 | $180.00 | 90.00% | 21.41% | |
Last July my dividend total was $200 giving me a year over year increase of 90%!
My quarter over quarter increase was 21.41% and my total dividend haul this year is now $3221.
Is it just me or does anyone else feel like Gollum from lord of the rings every time you receive a dividend payment? My PRECIOUS!!
Market Musings
The Dow hit a record high in July off weak earnings.
I like to use the Schiller P/E ratio to gauge the value of the overall market.
July – S&P 500 had a Shiller P/E: 26.9.
That is 61.1% higher than the historical mean of 16.7
Prof. Robert Shiller of Yale University, who won the Nobel Prize in Economic Sciences in 2013 – invented the Schiller P/E to measure the market’s valuation. Schiller also predicted the crazy P/E ratios of the late 90’s would turn out to be a bubble.
I continue to move to safety.
Moves in JULY
Total Purchases $5580
Total Sales $1997
I sold 100 shares of KMI this month.
I bought 219 shares of TSE:XLB Canadian Long Term Bond ETF for $25.47 per share for a total of $5577. This brings my total share to 299. I plan to add more of this next month unless the market drops in which case I will buy more stocks.
I will look to buy if the DOW gets as low as 17000.
nice month! I also get a little giddy when the dividends show up every month. Its what keeps me focused on the prize. Keep up the good work ! Cheers!
-Brian
Thanks for the reply Brian.
It is my smallest month in terms of dividends but it is steadily growing. My next quarter comparison is October and i’m going to make a big push to bring the amount over $400.
Steve.
Congrats on fantastic Y0Y dividend growth for the month of July. It’s amazing to me how fast dividends add up. Keep up the good work.
Thanks Investment Hunting.
My goal is to grow my YOY dividend by a minimum of $200. It’s a tough goal but it helps me keep my spending down and my savings for investments up.
Steve
Great YoY Steve! It is funny that you mention the Schiller P/E as I am reading a book that just spoke about this topic. Market is crazily overvalued and something has to give at some point. Hopefully I will be able to find some money to throw in once it does!
Thanks Stefan,
The market does seem expensive and it would not surprise me one bit to see something give. If it does go down, it is actually great for people who are young and are still earning an income!
Like Buffett’s hamburger analogy, if you are a net buyer, you want to buy the hamburgers when they are cheap not expensive! Check this link from 2008 Hamburgers!
Steve
Solid income for the month of July. With a nice chunk of purchases made in the month you are setting yourself up for some great gains in the coming months. Thanks for sharing your income and moves.
Thanks DivHut
I’m hoping that this will be the last month I see my dividends in the $300 range.
Onwards and upwards my friend!
Nice income and some really great YoY growth there, keep it up! I’ve been watching the Schiller P/E as well, my understanding of it though is that it’s great as an indicator that the market is overvalued, but horrible at predicting anything like when it will correct itself. Any thoughts on that?
Thanks for reading MisterSlm,
I agree that the Schiller ratio will not tell when a crash is coming. It’s just a broad tool I use for evaluating how “expensive” the S&P is atm.
I personally have no clue where the market is going and I don’t listen to anyone that says that they do because they are lying!
We are in a weird place, interest rates have never been 0 or negative and this fact alone can drive the market higher. P/E is just horrible right now across the board yet stocks are climbing! It makes very little sense. What i’m planning on doing for the next little while is kind of wait on the sidelines until I feel a good value has popped up and keep quite a bit of cash on hand for some event that will scare people.
I can’t wait to be at this spot where I can look back and see my progress over last year. Keep up the great work!
It comes quickly, the beauty of compound interest.
By this time next year I hope to have enough money coming in from dividends per month to buy me a single purchase.
Thanks for the kind words Diligent Dividend.