It is that time of the month again. However, not such a great month. It seems tradition that July is my worst month of the year. Just the same as last year in 2016. Oh well, at least Toronto-Dominion Bank increased the dividend compared to last year! Let’s take a closer look at the month.
Dividend income of July
This month I have only 1 company paying me dividend, Toronto-Dominion Bank Ltd. Exactly the same as last year. This is due to companies not paying exactly every 3 months, but keeping strange paying habits. Oh well, in the end it doesn’t matter I guess. Still, I’m quite happy with my TD dividend which is increasing nicely each year!
The Toronto-Dominion Bank payed me € 4,42 in net dividends after taxes and using the current conversion rates.
|Toronto-Dominion Bank Ltd||TD||€ 4,45|
My dividend income for July 2016 was € 4,15 which results in a 7,2% increase compared to last year! When you see that I didn’t buy any other companies that paid me in July it’s quite nice. Most of it is due to a dividend raise from Toronto-Dominion Bank. Currency rates didn’t have much of an influence.
Toronto-Dominion Bank didn’t increase the dividend this quarter, so no raises to report.
Contributions and purchases
I added € 400,00 in cash to my dividend portfolio.
This month I didn’t buy any stocks.
July can be compared to July of 2016. One dividend payer that increased its dividend during the year. Nothing spectacular going on here. I hope TD keeps increasing the dividend at this rate and it would be nice if one of the future buys pays me in July.
How was your month? Are you happy with your dividend income? Have you made any new buys or did you receive dividend increases?
Don’t hesitate to leave a comment!