Dividend income of July

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.

Company name Ticker Dividend
Toronto-Dominion Bank Ltd TD € 4,45
Total € 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.


Dividend increases

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!

10 thoughts on “Dividend income of July”

  1. Love the dividend increase you received from TD this year P2F. 7.2% is a heck of a dividend increase to receive and is way more than the cost of inflation. Gotta love fundamental dividend growth investing at its finest right here.


    1. Thanks Bert!

      Yes, TD is one of the holding I love most. I only regret not buying more when I had the chance. They are now relatively expensive. Do note the more then 100 years without a dividend decrease. They just freeze the dividend sometimes when times get worse. You’ve got to love conservative management!

  2. Congrats, yeah July is a slow month for a lot of us. TD ain’t a bad stock to hold, got quite a bit of that myself. Pretty sure the dividend + raises are safe for quite some time.

  3. Sometimes on a month to month basis you can expect to have less than stellar results. All that really counts is your annual total. As long as you can show annual growth you are headed in the right direction. Always love seeing another portfolio with a Canadian bank. Keep up the good work.

    1. You are completely right there. July was my worst month last year to. No difference there. But all in all it’s going in the right direction.

      The Canadian banks are great! Best place to put money in the financial sector.

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