July 2021 Dividend Income Report - $26.25

Updated: 4 August, 2021 seen 165

Welcome to the fifty-first (#51) dividend income report, covering earnings I've made from dividend-paying stocks in July 2021.

The last July we spent in Latvia and at the end of the month traveled back to Georgia, we did many nice road trips both in LV and GE. Our daughter turned 3 and we threw a very nice party in Pāvilosta.

Life is very good. I was doing quite a lot of awesome drone videography.

Ērģeme castle ruins in Latvia
Ērģeme castle ruins in Latvia

From the perspective of dividend income - Last July was low. 

In total, I took just shy $26.25  in dividend income last month. Which is still quite awesome, for doing nothing, just holding stakes at great companies.

Last month I decided to start it over and build a dividend-paying stock portfolio from scratch, I sold all existing positions, kept some cash, and started selling credit spreads to generate income, which is used to buy these stocks. 

You could subscribe to my free and paid newsletter to learn more about my options trades.

Dividend income in July 2021

From the dividend stocks I got the following income last month:

KO $24.99
AWP $1.26

Total $26.25

Now, I believe it will take me at least a year to build something significant out here, but I will try as hard as I can. I started adding monthly paying dividend stocks to my portfolio, and in July got my first payment from AWP stock. 

Stock Buys

Last month I bought 5 PFE, 37 AWP, 5 INTC, 10 ARCC, and 5 WBA stocks. These buys will greatly contribute to the dividend income in March, June, September, and December months.

Trailing twelve months value

At the end of July 2021, my projected trailing twelve-month dividend value stood at $4.08. It translates to about $48.96 annual dividend income or $0.13 daily dividend income.

The average monthly old-age pension in Latvia is EUR 365 ($433.39). At the end of July, my average monthly dividend income stood at 0.94% level from the average old-age pension in Latvia. 

Goals for July 2022

When looking at July 2022, I will be quite optimistic and say USD 100 is what I'm looking at.