It’s way past the beginning of the month and I’m just now getting around to posting our results for July, 2015. I’m sure we all can agree that life gets busy and before you know it, time has slipped away and you’ve got to do what it takes to catch back up on the things you want to accomplish. Here’s our roll up of dividend income for July 2015.
July 2015 Dividend Income:
W.P. Carey (WPC) – 11.45
Main Street Capital (MAIN) – $29.38
Realty Income Corp (O) – $10.58
Bank of Novia Scotia (BNS) – $15.81
Altria Corp (MO) – $62.07
Coca Cola (KO) – $3.66
Vanguard International Equity (VGK) – $17.68 This ETF focuses on the European Stock Market
We’ve surpassed our 2014 intake of regular dividends, and are now 15% over that amount at 847.69 for the year versus 736 for all of 2014! It feels good to see progress. Compared to last year’s monthly income we’ve posted a decrease of 41%, largely due to a one time special dividend from AWARE Technologies that was awarded last July.
I have been out of the loop of investing for the past few months due to my work and home life, and not having any more capital to invest. Since starting this blog and making the decision to focus on dividend paying stocks, I’ve tried to take a more hands off approach with our portfolio, buying, holding, and letting the market do what it does. I will however report a recent sell: 62 shares of Juniper Pharmaceuticals (JNP) for 11.01 a share. This was a small victory for us as we earned about a 100% gain in share price. I chose to sell because the stock does not pay a dividend and it was near a 52 week high. Over the next year we will look at slowly divesting most of our non-dividend paying stocks, but I will not guarantee that we’ll have a complete dividend paying portfolio. It will take some consideration to dump stocks that are in the red for us…and there is always that hope they will recover to turn a profit. That being said, we’ll try to take the emotions of our investment decisions. Our overall portfolio still needs a re-balance and that will certainly require some intestinal fortitude. There is something painful about selling at a loss and abandoning the hope that a stock will recover over the long term. How about you? Has it been painful to re-balance your portfolio or has it been a positive experience? Little of both? Leave a comment below and let us know your experience. Thanks for stopping by!