June Dividend Income from YOU the Bloggers! - Dividend Diplomats (2024)

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As the tradition continues, each month we aggregate a list to show how other bloggers in the Dividend Investing community are CRUSHING IT! We are doing the best we can in reading articles during the busy summer months – so by no means if you aren’t on here doesn’t mean that we did not read your article or will read your article, just at the time of reading we added it to the list. Bert is over here killing it on his 2nd quarter goals, already, as well as having the best day of his life, ever. The Cavs (YES YES YES!) won an NBA championship and you can say our city of Cleveland is still in celebration mode. With that being said – see our JuneDividend Income summary from the blogging community.

June Dividend Income from YOU the Bloggers! - Dividend Diplomats (1)

Dividend Hustler – $3,012.71 –Another insane month from Hustler! UNREAL! We on this website about the benefits of investing in amounts over $3,000…well, Hustler accomplished that through DRIP alone. The income figures were great, but the best part of the article is the part where Hustler talks about the positive impact dividend investing has had on his life and relationship with his wife. The numbers are great, but that is truly some inspiring stuff!

DivGro – $1,338.27 – Ferdi nearly doubled up on dividend income compared to last year. I think Ferdi received dividends from more companies than I (Bert own) haha One cool nugget from the article is that Ferdi is already 88% towards achieving the 2016 dividend income received mark during the year. Looks like you will be setting a new, adjusted dividend income goal soon!

New to Dividends – $450.49 – Check this annual dividend income dividend growth rate out. Not 100%, not 200%, not 300%, but 463%…ARE YOU KIDDING ME! Great stuff New to Dividends. I would say you are off to a great start haha

Zero to Zeros – $132.34 – A record setting month here, blowing past the previous mark by 25%! Zero to Zeros received a nice special dividend from Main Street Capital during the month, which is huge. Who doesn’t love receiving a bonus check in addition to your regular dividend payment? Congrats, this was one of many future record breaking months!

More Dividends – $29.95 –More Dividends made some moves in June. Opening a twitter account, publishing on Seeking Alpha for the first time, and getting in a heated Twitter discussion about 401k/IRA plans with Lanny! More Dividends, like many here, set a personal record in dividend income for the month….Nice job MD!

Special Agent Dividend – $105.90 – A solid month of dividend income that put Special Agent Dividend over the $100 for the second time! Love the fact that the first name on the list was Target, which both of us purchased during the month (Lanny purchase summary here and Bert purchase summary here).

Time in the Market$1,161.49 – WHOA! Crossing the $1K with me – loving it – also, interesting take on the hourly wage, keep it up and congrats!

Earn Money in Pajamas$18.82 – Almost to the $20 mark here. He has some powerful name brand companies in the portfolio, so no doubt the snowball will be rolling in. Congrats, stay focused and persistent!

Roadmap2Retire$1,151.07 – ALL TIME HIGH!!! Big congrats, as I’m sitting in the same seat with you Roadmap. Keep grinding and building that mountain you have there!

DivHut$573.95 – Whoa, there we go!! Killer month you had over there. HUGE jump in your taxable account, great to see, over 40% growth! The most interesting piece is that Aflac (AFL) is your big banger this month, which it takes a lot of shares to get there, love the aristocrat. Congrats on the month DH!

Dividend Pig$386.43 – Record month for you as well? 34 companies paying? Talk about an army that you have back there, just awesome! oh… and a measly 236% growth rate to boot, not too bad, haha… congrats on the month!

InvestmentHunting$830.31 – YOU DID IT! You crossed your $800 mark/goal for the month. Killer. Looks like you stayed true to your name – “hunting” down the dividends and grabbing them. Congrats!

The Frugal Cottage$7.39 – Nice job FC! Looks like you are starting out and building that snowball. Good luck on reaching the $100 for the year, stay focused!

Well Rounded Investor$744.26 – HOLY CRAP! Wells Fargo (WFC) and Bank of America (BAC) are just destroying it for you, WOW! Keep it up, stellar numbers there.

Dividend Cash Flow$70.24 – Very, very nice! I remember when I started getting closer and closer to $100 when I started, SUCH a fun and exciting feeling. You’re doing great, keep it up, some solid aristocrats in there, including some from the top 5 foundation dividend stocks for investors!

I Want to retire Soon $156.85 – Fairly evenly spread, I may say. Looks like we share quite a few names in JNJ, Shell (RDS), Archer Daniels (ADM), Mcdonalds (MCD), Target (TGT) and the list goes on. With this type of portfolio – your income will grow steadily, regardless. Congrats on a nice quarter end month!

The Stock Fox – ~$1,150 – With this sort of income, one can become fairly close to retiring, hands fricken down! Nice job Stock Fox, keep out there on the prey!

The Millennial Budget – $29.50 in Dividend Income, $189 in net income – Stefan started dividend investing two months ago and is already starting to see the results! Highly recommend checking out this monthly post as Stefan not only discusses his dividend income but his blog income as well!

Here we go now! Looks like June was an awesome month for quite a few people, including ourselves (Lanny setting a new record and Bert dominating his June), the community is on fire! Could it be due to the Cavs bringing the trophy home and the “WIndians” taking care of the central division? One can only hope. The summer months definitely are heating up – and I hope it catches all of our portfolios on fire to bring in more dividends and increase our forward looking income. Congratulations everyone, hope you are enjoying summer and had a nice July 4th! Take care everyone and looking forward to the comments.

-Lanny and Bert, The Dividend Diplomats

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June Dividend Income from YOU the Bloggers! - Dividend Diplomats (2024)

FAQs

How much dividend income will I get? ›

To calculate how much you'll receive, multiply the dividend yield by the stock's par value and then multiply that amount by the number of shares that you own. For instance, if you own ten shares of preferred stock with a par value of $50 per share and a 10% yield, the dividend payment will be $50.00.

What stock pays dividends in June? ›

Stocks That Pay 2% (and under) Dividends In June
Dividend StockRecent Stock PriceRecent Dividend Yield
IYW$133.970.24%
VNT$40.600.25%
ODP$40.760.25%
USLM$366.700.27%
66 more rows

How do I know if I received dividend income? ›

Dividend income is the distribution of earnings to shareholders. If you're a U.S. taxpayer with at least $10 in dividend income, you'll receive a 1099-DIV form from your brokerage, along with a consolidated 1099 form.

How do you show dividend income? ›

Thus, if shares are held for trading purposes then the dividend income shall be taxable under the head income from business or profession. Whereas, if shares are held as an investment then income arising in the nature of dividend shall be taxable under the head of income from other sources.

How much to make $1,000 a month in dividends? ›

In a market that generates a 2% annual yield, you would need to invest $600,000 up front in order to reliably generate $12,000 per year (or $1,000 per month) in dividend payments. How Can You Make $1,000 Per Month In Dividends?

How much money do you need to make $50000 a year off dividends? ›

And if you've got a large portfolio totaling more than $1.1 million, your dividend income could come in around $50,000 per year. By then, there could be other dividend-focused ETFs to choose from.

Who pays highest monthly dividends? ›

The Top 10 list of companies that have paid monthly dividends in 2022 includes ARMOUR Residential REIT, Inc., Orchid Island Capital, Inc., AGNC Investment Corp., Oxford Square Capital Corp., Ellington Residential Mortgage REIT, SLR Investment Corp., PennantPark Floating Rate Capital Ltd., Main Street Capital ...

What is the highest paying dividend stock? ›

10 Best Dividend Stocks to Buy
  • Verizon Communications VZ.
  • Johnson & Johnson JNJ.
  • Altria Group MO.
  • Comcast CMCSA.
  • Medtronic MDT.
  • Duke Energy DUK.
  • PNC Financial Services PNC.
  • Kinder Morgan KMI.
May 3, 2024

What stock pays the best monthly dividends? ›

7 Best Monthly Dividend Stocks to Buy Now
Monthly Dividend StockMarket capitalizationTrailing-12-month dividend yield
Permian Basin Royalty Trust (PBT)$555 million5.8%
PennantPark Floating Rate Capital Ltd. (PFLT)$701 million10.8%
Agree Realty Corp. (ADC)$5.9 billion5.0%
Dynex Capital Inc. (DX)$775 million9%
3 more rows
May 6, 2024

How much dividend income is tax free? ›

Your “qualified” dividends may be taxed at 0% if your taxable income falls below $44,625 (if single or Married Filing Separately), $59,750 (if Head of Household), or $89,250 (if (Married Filing Jointly or qualifying widow/widower) (tax year 2023). Above those thresholds, the qualified dividend tax rate is 15%.

How do I avoid paying tax on dividends? ›

You would not owe tax on dividends from stocks held in a retirement account, such as a Roth IRA or 401(k), or a college savings plan, such as a 529 plan or Coverdell ESA. There are exceptions to this tax immunity, though.

Does dividend income count as income? ›

They're paid out of the earnings and profits of the corporation. Dividends can be classified either as ordinary or qualified. Whereas ordinary dividends are taxable as ordinary income, qualified dividends that meet certain requirements are taxed at lower capital gain rates.

Do you have to pay taxes on dividends? ›

How Are Dividends Taxed? Since the IRS considers dividends to be income, you usually need to pay taxes on them. Even if you reinvest all of your dividends directly back into the same company or fund that paid you the dividends, you will pay taxes as they technically still pass through your hands.

Are dividends taxed when declared or paid? ›

Investors pay taxes on the dividend the year it is announced, not the year they are paid the dividend.

How to declare dividends on a tax return? ›

Completing your tax return
  1. Add up all the unfranked dividend amounts from your statements, including any TFN amounts withheld. ...
  2. Add up all the franked dividend amounts from your statements and any other franked dividends paid or credited to you. ...
  3. Add up the 'franking credit amounts' shown on your statements.
May 24, 2023

How much to make $1,000 a year in dividends? ›

This means you can secure $1,000 of annual-dividend income by investing about $11,765 spread evenly among them.

How much money in dividends to make $5000 a month? ›

Invest in Dividend Stocks

The payments are considered passive income since you can collect the dividends whether you trade the stock actively or not. To generate $5,000 per month in dividends, you would need a portfolio value of approximately $1 million invested in stocks with an average dividend yield of 5%.

How much to invest to get $3,000 a month in dividends? ›

If you were to invest in a company offering a 4% annual dividend yield, you would need to invest about $900,000 to generate a monthly income of $3000. While this might seem like a hefty sum, remember that this investment isn't just generating income—it's also likely to appreciate over time.

How much dividends to make $500 a month? ›

Dividend-paying Stocks

Shares of public companies that split profits with shareholders by paying cash dividends yield between 2% and 6% a year. With that in mind, putting $250,000 into low-yielding dividend stocks or $83,333 into high-yielding shares will get your $500 a month.

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