orelma1989
Edited
2024 Monthly update - July Starting value - $18 867.74 Deposit - $450 Dividends - $32.37 End value - $20 608.92 Dividend income from July 2024 grew agains July 2023 by 34.69 % July was a strong month and preceeded the August correction on global markets. Overall the portfolio grew MoM by staggering 8.45 % including deposits, capital appreciation and reinvested dividends. In July we received dividends from 34 companies and 6 companies increased their dividends : PNC Financial declared $1.60/share quarterly dividend, 3.2% increase from prior dividend of $1.55. Union Pacific Corporation declared $1.34/share quarterly dividend, 3.1% increase from prior dividend of $1.30. Wells Fargo declared $0.40/share quarterly dividend, 14.3% increase from prior dividend of $0.35. Bank of America declared $0.26/share quarterly dividend, 8.3% increase from prior dividend of $0.24. Stanley Black & Decker declared $0.82/share quarterly dividend, 1.2% increase from prior dividend of $0.81. Clorox declared $1.22/share quarterly dividend, 1.7% increase from prior dividend of $1.20. This month I' depositing 450$ and I will be adding to $NKE (NIKE) , $TGT (Target Corp) $PSX (Phillips 66) $SYY (Sysco Corp) $SMSN.L (Samsung Electronics Co Ltd - GDR) Since I joined eToro, I had only 2 months, where my portfolio value decreased MoM thanks to consistent deposits and reinvesting all the dividends. __________________________________________________________________________________ I will be posting monthly portfolio updates along with dividend income from the portfolio so that anyone can see and have realistic expectations from their investments. My strategy is very simple. Be disciplined, deposit every month, reinvest dividends and let the compound interest do the work. If you are interested in a portfolio of strong dividend and growth companies with nice monthly payout, consider copying me with just 500$. Thanks, Marek