No typo here – this is a catchup post on my income in June after a hot and hectic July. This is the first of two posts summarizing my progress towards financial independence and describes how my investment portfolio performed last month.
Most of my portfolio is actually in Vanguard funds; the individual stock portion is steadily growing and the portfolio as a whole is slowly tilting towards individual stocks and stock funds. But first let’s see take a look at the income for June since that’s probably what you’re interested in!
My total dividend income from my portfolio in June was $1,083, an increase from last month’s $341 and the first time that it’s reached 4 figures ever! June is always a strong month as the Vanguard funds pay in June and many of my individual stocks do too. Back in June 2014, I earned $844 so this is an increase of 28% over the same time last year!
The following chart shows the cumulative dividend income so far this year compared to previous years. Last month I crossed the $2,000 line, and this month I crossed the $3,000 line!
I almost exceeded my cumulative dividend income from August last year which is pretty good considering I’m comparing to June this year.
The chart below shows what contributed to my total income of $1083 this month.
I received income from individual stocks as well as from my four Vanguard mutual funds.
Dividend income from stocks
19 stocks paid dividends this month as shown below.
The yield calculations are annualized, or extended forward a year based on the current dividend payment against the market value. The value amounts include contributions from stocks added after the ex-dividend date so yield shown may be a little lower than the current yield.
Dividend income from funds
I received most of my income this month from my two bond funds, VWEAX (Vanguard High-Yield Corporate Bonds) and VWESX (Vanguard Long-Term Investment Fund). These pay their distributions monthly. The two stock funds that I own pay quarterly income so they only show up in March, June, September and December.
My Income Portfolio
Here’s an overview of my Portfolio and how it’s made up as of the end of June 2015.
It consists of individual dividend stocks as well as 4 Vanguard mutual funds and cash. Cash holdings continued to increase as I’ve been adding more cash to my portfolio than spending it. The bond portion is slowly coming down; and the stock portions are mostly flat.
The following table shows the detailed asset allocation in my portfolio.
Overall this month my portfolio decreased by $307 to $202,994, a decrease of 0.15% from last month’s $203,301 and my unrealized gains decreased from 7.23% to 4.37%.
Last month I added $4,909 to my portfolio, including $719.75 in a new purchase of National Healthcare. In addition to that, I also purchased $2,950 of VHDYX, $100 of VTIAX and $100 of VWEAX via recurring automatic purchases. Finally I added $1,039 of new cash to my cash reserves as I’m transferring some savings into my income portfolio.
Since the overall decrease in portfolio value was $307 and I added $4,909 of new money, this implies a market value decrease of $5,216 or about 2.5%. Overall however my current portfolio total is now $28,128 higher than at the end of last year.
Quote of the Day
You cannot strengthen the weak by weakening the strong.