Not surprisingly, I paid very little attention to the stock market during the past week. Here is a review of what happened in June:
Dividends: I received a total of $244.51 in dividends from the following stocks:
- BDX: $12.38
- CMI: $7.50
- CVX: $20.00
- INTC: $42.75
- JNJ: $23.10
- MCD: $38.50
- MSFT: $26.45
- NSC: $47.50
- ROST: $4.25
- UTX: $13.38
- VFC: $8.70
Dividend Increases: I was pleased to see a dividend increase announced for one of my stocks (click on the stock to see my post about the increase):
- MDT: 7.7% increase, $4.40 more in annual dividend income
Savings: This month I saved $1,035 (35.6%) of my net job income, which is relatively low but not unexpected. Major expenses included renewals of my six-month car insurance and annual renter's insurance premiums, as well as a few moving-related items. Thus far this year, my mean monthly savings has been $1,334 (45.9%).
Portfolio: My portfolio (taxable account and Roth IRA together) currently consists of 28 stocks and has a market value of $83,990.11 (including cash), which is a 0.8% decrease over last month's value. The dip was not surprising in light of the turbulence in the stock market during the month.
Seeking Alpha: This month I did not publish any new articles on the investing website Seeking Alpha. However, I received $10.54 from page views of my previous articles, increasing my Q2 total to $284.36 (to be paid in mid-July) and my year-to-date total to $718.31.
Looking Ahead: My dividend total will be lower in July because I have fewer stocks that pay in that month. I expect dividend increases to be announced by CMI and possibly INTC near the end of the month. I will have no savings in July because I will have no job income; my new job officially starts at the end of the month. Thus, my July expenses will be paid from a portion of my savings over the past few months, which is how I planned it. However, as noted above, I will receive my Q2 payment from Seeking Alpha in mid-July, and at some point (more likely in August) I will get reimbursed for a large chunk of my moving expenses. Until all that happens and my income/expenses have returned to "normal" I will continue to sit on the sidelines with respect to investing. I anticipate that I will finally be in a position to resume new capital investment sometime in August, which is just as well because for the next several weeks I will likely be absorbed in activities related to my new job.
Bonus: Earlier this week I got a library card at the public library in my new city. I was delighted to discover they provide free online access to both Morningstar Premium and Value Line.