I hope you had a great Independence Day celebration. Here in the Pacific Northwest, after a blistering heat wave near the end of June, temperatures returned to some degree of normal for this time of year. As for the market, it’s been a volatile hasn’t it? With downward trends countered by upward trends, it seems the market isn’t quite sure what to make of the economy’s near future.
How was my dividend income for June? Let’s do the numbers and see:
AWP $ 44.00
BGY $ 33.80
CIK $ 22.50*
CLM $ 40.05*
DHY $ 27.13
EDF $ 17.50*
EHI $ 26.80
EXG $ 92.40*
HQL $184.50
NCV $ 29.75
PFN $ 36.00
USA $ 60.00
ZTR $ 24.00
TOTAL $638.43
* Includes Return of Capital
$638.43 isn’t too bad. Not bad at all. It’s a hair better than June 2020’s $629.90.
The only dividend cut was HQL, as its dividend went down from 43 cents per share to 41 cents. I’m not too worried about it, given that HQL has an erratic dividend and it could very well be back to 43 cents (or better) next quarter. On the bright side, USA nudged its quarterly dividend up 5.2% from 19 cents per share to 20 cents per share. Nice! USA seems to be on fire, as its dividend has risen 25% this year. Keep it up!
Again, because I needed the cash, in June I sold 20 shares of CODI at $25.11 per share.
With the end of June comes the end of Q2. The second quarter’s dividend income total was $1876.57. In comparison, 2020 Q2 was $2162.18. Clearly the continuing negative impact of dividend cuts, stock sales, and no new stock buys is having its effect on dividend earnings.
Overall, June proved to be a good month (not as good as previous Junes, but still a decent performance).
Image Credit: jarmoluk (pixabay.com)