Dividend Income Report for 2020 Q2

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 SymbolDividend Income
VTI$52.50
DIA$29.59
Total$82.09

May 2020

Stock SymbolDividend 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 SymbolDividend 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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