2016-06 Dividend Income Report

Here is the dividend income report for June, 2016.

The monthly dividend income came out to $684.76. The yearly income total for 2016 through the end of the month was $2744.28.

The income for June, 2015 was $612.21, and the yearly income for 2015 through the end of June was $2415.32.

Due to the Brexit, my orders for APD and EMR got filled. APD pays in what David Fish refers in his spreadsheet as the “B” months (February, May, August and November). So that will balance out the “C” months (March, June, September and December) a bit, even though EMR pays out in those months.

I am also looking at LEG and YORW. LEG had a high payout ratio above 100% for a while, but they seem to be coming back to earth a bit. YORW is a water utility. They are based in central Pennsylvania. I looked on Wikipedia, and that area seems to be growing.

The PE ratios are a bit high, but I think I will start buying more stocks again anyway. I have been waiting for PE ratios to come down. I don’t think they will for a while. I have read some articles written by people who spend more time in the markets than I do, and I get the impression there is a negative correlation between interest rates and PE ratios. I think we will have low interest rates for a while. People have been saying for a couple of years that a rate hike will happen any minute now. I think it is a ways off. And thanks to the bozos who brought us the Brexit, it might be longer than anyone thought a month ago. See articles on PE ratios and interest rates here and here.

Here is a table with the year-to-date amounts, the monthly amounts, and the three- and twelve-month moving averages for each June from 2011 through 2016:

Month YTD Amount 3MMA 12MMA
2016-06 2744.28 684.76 464.00 483.42
2015-06 2415.32 612.21 411.83 409.95
2014-06 1933.90 522.86 333.10 320.58
2013-06 1492.72 351.48 257.79 291.91
2012-06 1574.81 305.84 260.85 276.29
2011-06 1351.34 236.50 235.38 203.23

Here are the stocks and the income amounts for June, 2016:

  • AFLAC Inc: $44.46
  • American States Water Co: $25.46
  • Black Hills Corp: $15.51
  • Bemis Co Inc: $30.40
  • Vectren Corp: $24.07
  • Johnson & Johnson: $81.88
  • Archer-Daniels-Midland Co: $35.54
  • Chevron: $26.17
  • Emerson Electric Co: $27.02
  • Honeywell International: $59.83
  • Sonoco Products Co: $48.84
  • Walgreen Co: $21.05
  • Exxon Mobil Corp: $87.09
  • 3M Co: $15.27
  • Dover Corp: $9.89
  • Consolidated Edison Inc: $21.32
  • Kellogg Company: $53.02
  • Valspar Corp: $19.65
  • RLI Corp: $25.46
  • Questar Corp: $12.83

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Post created on 2016-07-06_1:06:01, last modified on 2020-08-09_1:33:10

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