Dividend Income Summary: Bert's June 2020 Summary

Seeking AlphaDividend StrategyDividend Income Summary: Bert's June 2020 SummaryJul. 15, 2020 6:53 AM ET|| Includes: BP, CVX, D, DIS, KR, MMM, O, PFE, RDS-A, RDS-B, SJM, TGT, TOT, UPS, XOMby: Dividend DiplomatsDividend Diplomats Large-cap, dividend investing, dividend growth investing, valueDividend Diplomats .cls-1{fill:#024999;}SummaryIn June 2020, my wife and I received $1,962.02 in dividend income. $37.98 short of the $2,000 mark! This was a 22% increase compared to the dividends received in June 2019.
We are closing in on a milestone and should hit this milestone in September (barring additional dividend cuts). The milestone is receiving $2,000 of dividend income in a non-December month.
Until this month, my relationship with dividend cuts was isolated to individual stocks. This month, my dividend income was negatively impacted by decreased dividend payments from mutual funds and ETFs.
The stock market continues to put on quite the show in 2020. Luckily, our dividend income is putting on a show as well. The power of dividend investing is real, and hopefully our results will motivate you to continue investing in dividend growth stocks. This article contains our June dividend income summary, including the total dividend income and the dividend increases we received this month.

Why I Invest in Dividend Stocks
Dividend income is the name of the game. You have probably figured this out by now; however, if you haven’t, the two of us are extremely passionate dividend growth investors. Our goal is to invest in dividend paying stocks that consistently increase their dividend. We find these stocks using the Dividend Diplomats’ Dividend Stock Screener. The stock screener uses 3 simple metrics to identify undervalued investment opportunities.
Dividend investing is simple and it makes sense to me. That is why I pursue this route. You invest in high-quality dividend growth stocks that have demonstrated their ability to increase their dividend through... Read more