July 2015 Income
Even July, which historically hasn’t been that big of a dividend payout month, contributed $172.88 this year. This is a 73% increase from last July. The big reason is that I own quite a bit more of GE than I did last July.
I also received 31 shares of Baxalta from the Baxter spin-off. They just announced a dividend of $0.07/share/quarter, which will add $8.68 in annual dividends. The combination of Baxter and Baxalta dividends still quite doesn’t equal what Baxter was paying before the spin-off, but I’m going to keep both and am hopeful that they’ll increase the dividends back up soon. Passive Income Pursuit has a good article on the BAX and BXLT dividends.
Cumulative dividends for the year are $2,217.49, which is almost equal to all of the dividends received last year. I will certainly bypass last year’s annual dividend by the early part of August.
Options: No current put options in play. I do have a covered call sold on AAPL, which I will talk about in an upcoming blog post.
Lending Club: $19.24 in interest
| Symbol | Dividend Amount | Shares Bought | @ Price |
|---|---|---|---|
| BAX | $16.28 | 0.4217 | 38.6086 |
| CSCO | $22.96 | 0.8282 | 27.7226 |
| GE | $94.78 | 3.6406 | 26.0341 |
| KO | $28.86 | 0.7289 | 39.5942 |
| O | $10.00 | 0.2141 | 48.7065 |
Total option income for July 2015: $0
Total cumulative option income for 2015: $0
Lending Club interest for July 2015: $19.24
Cumulative Lending Club interest for 2015: $69.88
Lending Club Adjusted Net Annualized Return: 8.23%
Total dividends for July 2015: $172.88
Total cumulative dividend income for 2015: $2217.49
Total cumulative passive income for 2015: $2236.73
Forward 12-Month Dividends: $4598.25
Full disclosure: Long all the above stocks
Awesome numbers. Keep that snowball rolling.
Adam @ AdamChudy.com recently posted…5 Steps to Accomplish Anything
Thanks, Adam!