Here is the dividend income report for June, 2019.
The monthly dividend income came out to $2244.44. The yearly income total for 2019 through the end of the month was $4251.15.
The income for June, 2018 was $863.49, and the yearly income for 2018 through the end of June was $2185.04.
This is the first month with income from the State Street ETFs. So far, it was a pretty bug haul. WDIV paid over $1000. I usually do not get to $4000 in income until September. This ETF has bigger payouts in June and December, and smaller ones in March and September, so I do not expect to have such a nice haul every single time.
Dividend growth ETFs in general do not always have increasing payouts every quarter. That is one disadvantage relative to investing in the individual stocks. I think this is because people are buying and selling the fund all the time, and not buying and holding. I do not know if it is hedge funds doing the trading, or if people are continually seduced by the deceptive siren song of capital gains.
I also used some of my money market fund at one of my brokerage accounts to by additional shares of RWR. I did not buy the shares in time to get the dividend. I guess I bought on the ex-record date, or something. Still, waiting three months for the first payout is not the end of the world.
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 2019:
Here are the securities and the income amounts for June, 2019:
- Vanguard Total Bond Market ETF: $40.29
- Vanguard Total International Bond ETF: $11.37
- RLI Corp: $23.19
- SPDR S&P Dividend ETF: $626.86
- Vanguard Utilities ETF: $204.89
- SPDR Dow Jones REIT ETF: $260.03
- SPDR S&P Global Dividend ETF: $1006.00
- Money Market: $71.81
Big Jim likes the big payouts, and he likes them better when they are more predictable.