July is here and with it, the start of a new quarter which means it is time for our quarterly dividend income report. Last quarter I earned close to $1300 in dividend income. Lets see what happened in Q2.
April 2020
| Stock Symbol | Dividend Income |
| VTI | $52.50 |
| DIA | $29.59 |
| Total | $82.09 |
May 2020
| Stock Symbol | Dividend Income |
| SPY | $71.52 |
| T | $55.56 |
| GIS | $10.51 |
| VZ | $50.69 |
| COST | $707.23 |
| DIA | $6.42 |
| TOTAL | $901.93 |
June 2020
| Stock Symbol | Dividend Income |
| XOM | $87.00 |
| IBM | $171.38 |
| VYM | $161.45 |
| DIA | $22.80 |
| KHC | $35.61 |
| TOTAL | $478.24 |
$1462.26
That is my total dividend income for the 2nd quarter of 2020. In quarter 1 I earned $1292.68 in dividend income bringing my 2020 total to $2754.94
When 2019 ended I set a goal for myself of $6500 in dividend income for 2020. Halfway through the year and I am 42.5% to my goal. Considering what has happened thus far in 2020 I feel that is not half bad.
I ended 2019 with a total dividend income of $4334.00 So I am well on my way to beating that total. From Q1 to Q2 my dividend income increased 13%. Assuming I achieve even half of that increase each of the next 2 quarters I should finish the year at about $6000. Not far off from my goal of $6500
When I set the goal of $6500 nobody could have predicted what would happen with the markets and the world in 2020. I am very happy with the current trajectory of my dividend income for the year 2020.
Happy investing
Earl
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