Bert's June Dividend Income Summary

June was an odd month for many reasons. One will become apparent later in the article. The other reason… it flew by. In the blink of an eye, it's July. Lanny continues to do amazing things on his financial front and I'm doing my best to follow suit. June had some nice progress. Let's review my June Dividend Income Summary.
June Dividend Income Summary This month, my wife and I received $1,606.58 in dividend income. That is a 38.90% increase compared to last year. The third month of the quarter is always fun given our mutual fund payouts. But there were a lot of new dividend growth stocks in my portfolio compared to last here. Here is a chart providing each individual payment received:

Here are some thoughts and tidbits:
First, the mutual fund payouts referenced earlier. My wife and I started maximizing our 401(k) contributions last year and the results of this strategy are really paying off. Look at the four largest payouts last month, along with the $40.79 payout from VIIIX from my old employer's 401(k). The amazing dividend increases announced in 2018 are very apparent in the table above. We all remember how strong dividend increases were post-tax reform last year. Look at the increased distributions from McDonald's (MCD), Consolidated Edison (NYSE: ED), Pfizer (NYSE: PFE), FirstEnergy Corp. (NYSE: FE), T. Rowe Price (Nasdaq: TROW), etc. All of the dividend increases show very solid increases compared to last year. It is just unfortunate that dividend growth has... Read more