June 2017 Income

While I didn’t quite get another $1000 month, I came close. June 2017 brought in $984.55. This is a 57.5% increase from June 2016. My anticipated June 2018 income today is $1057.34 and that is even if I don’t add any further investments.

Options: I collected $0 in options premium this month. I had one open put option on GILD, but that expired in early July. See my options trading page for more details.

Symbol Dividend Amount
MGMXF $1.88
ADM $19.39
AFL $27.50
AMGN $102.04
AVA $60.21
BAC $30.47
BMS $16.36
BP $45.12
CVX $29.92
EMR $50.70
GILD $90.73
HRS $28.08
HSY $19.12
IBM $72.63
JNJ $125.44
KR $12.09
NAVI $42.37
O $12.04
PGX $0.51
TGT $89.80
TROW $10.96
UL $6.12
V $21.47
VTR $35.22
WFC $34.38

Total dividends for June 2017: $984.55
Total cumulative dividend income for 2017: $3,366.00

Forward 12-Month Dividends: $7,988.13
Hourly wage based on 40 hour work week (2087 hrs): $3.83/hour
Hourly wage based on non-stop work (8760 hrs): $0.91/hour

Total option income for June 2017: $0
Total cumulative option income for 2017: $477.90

Full disclosure: Long all the above stocks

12 Responses

  1. Doug says:

    Good job soon this third month will consistently over 1000.00. Good companies paying you. Keep it up.
    Doug recently posted…June Dividend ReportMy Profile

    • scott says:

      Thanks, Doug! It looks like it will be well beyond $1000 by next year already. Got to love the power of dividend reinvestment and new capital.

  2. Amber tree says:

    A nice increase over 2016. Well done! The quarterly spikes will soon be all 1K months. That is great

    • scott says:

      Thanks, Amber tree. Yeah, those quarterly spikes are all $1k+ now and I’m hoping to get some of the lesser paying months up there soon.

  3. DivHut says:

    Forget the $1K month. You brought in an awesome total with a very high year over year change. That’s something to be proud of. Nice to see AMGN and GILD really contributing a nice chunk of your passive income. I just started two small positions in both of those names and plan to build them up over time. At least I see you are committed to those stocks! Keep up the good work.
    DivHut recently posted…Baby DivHut Dividend Income Portfolio Update Q2 2017My Profile

    • scott says:

      Thanks, DivHut. I actually kind of wish GILD was still below my cost basis. It’s been nice accumulating more shares and collecting premiums with put selling. Glad to see you are an owner as well.

  4. Great results. We were very close. you beat me by $10 dollars or so. Keep up the good work.
    Investment Hunting recently posted…Two Lbrands Cash Secured PutsMy Profile

    • scott says:

      Nathan, competition seems to help everyone do better. Good luck to you in the future. You’re still beating me by a ton of the option front. 🙂


  5. Wow great month and nice quarterly increase! Some big payouts as well.
    Passivecanadianincome recently posted…First Tech StockMy Profile

  6. Jay says:

    Great job on another impressive month! The annual growth is really impressive and love the hourly breakdown equivalent.
    Jay recently posted…Free Trend Following Trade Ideas for July 2017 (Part 2)My Profile

    • scott says:

      Thanks, Jay. I forget where I borrowed the idea for an hourly breakdown. It definitely helps put things into perspective…namely that I am no where near close to retirement from a dividend income standpoint!


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