My Portfolio value took a little dip in June, but that’s OK.  Most important these days is that the dividends continue to steadily stream into my bank account… and they did just that.

After years of building up my Portfolio by reinvesting dividends and adding new capital, it seems a bit strange to effectively no longer invest, and to not reinvest any dividends.  I just have to keep telling myself that I did that for years for when I got to this point, which is to use those dividends to pay for a portion of my daily living expenses.

So, I’m building a new muscle these days.  The muscle that has me using my dividends in the present, instead of reinvesting them for the future.

 

Here’s a preview of this month’s dividend income report…

Dividend income was very good, as expected for a quarter-ending month.  Income topped $2.6K and nearly set a monthly record.

It could have been a new record, but this month last year was boosted by a shifted dividend payment, and that rather large dividend disappeared this time around, making it difficult to exceed last year’s dividend total.  As such, my YoY percentage for dividend income retreated just a bit in June, making it my first negative YoY month in 2026.

No dividends got reinvested in June (as is now the norm), thus no additional forward dividend income from this source.

After three consecutive months with exactly 3 dividend raises, I was finally able to break out a bit, as I logged 5 raises in June.  The final number was boosted by one payer that slipped from May to June, and by another that I wasn’t sure I’d see a raise from.  More on this later.

I didn’t execute any Portfolio transactions in June, thus there was no change to my additional forward dividend income due to investment of capital.

Total additional forward dividend income from my 3 sources (reinvested dividends, dividend raises, and investment of capital) was limited to just Dividend Raises in June.  With just the lone contributing source, I couldn’t manage to secure a triple-digit month for additional forward dividend income, but I put up a good fight.  I’ll let you know how close I came coming up.

Of course, I’ve got updated progress charts to share as well.

Enough with the preview… let’s check out all the dividend details for June 2026, starting with my dividend income…

 

Dividend Income

 

My Portfolio raked in an outstanding $2,606.93 in dividends this June.  This was my 2nd-best monthly total ever, falling shy of the record set in June of last year.

Sadly, the shifted dividend payment of Nexstar Media Group (NXST), which was in June of last year, and returned to its normal month of May this year, made it too difficult to top last year’s dividend total.  My monthly YoY dividend growth turned negative, falling 1.47% in June.

I had 27 companies pay me a dividend this month.  I believe that’s a new record for most number of payers in any month.  This total included a pair of payments that exceeded $200.  Aflac (AFL) and Qualcomm (QCOM), delivered dividends of $213.36 and $203.33, respectively.  A whopping eleven dividend payers paid me a triple-digit dividend in June, too.  In addition, all but 3 of my dividend payments exceeded $21.  The three payers that failed to reach this mark, all came in south of $10, and from stocks that have sub-1% dividend yields.  Alphabet (GOOG) was my smallest payer, providing $5.51.

The increased dividend amounts from UnitedHealth Group (UNH) and Microsoft (MSFT) were helped by one or more purchases over the past year.

Increased YoY amounts for all other companies were the result of dividend increases and reinvested dividends over the past year.  I added more than $16 in YoY dividend gains from Broadcom (AVGO), topped $14 from BlackRock (BLK), exceeded $13 from Aflac (AFL), and pulled in north of $9 from NextEra Energy (NEE).  I also had more than $8 from several companies, including Qualcomm (QCOM), T. Rowe Price Group (TROW), Pepsico (PEP), Chevron (CVX) and Visa (V).

Of the June dividend payers that paid me both last year and this year, three of them had a payout reduction.  The dividend from Skyworks Solutions (SWKS) dipped due to my trim, as did the ones from Main Street Capital (MAIN) and Hershey Co. (HSY).    SWKS was reduced when I took the opportunity to sell my most expensive shares.  The MAIN trim occurred since the stock was looking overvalued to me.  Lastly, I cut some HSY shares as part of a shuffling that reduced my cost basis.

As for new dividend payers in June, there were three of them.  This included one closed-end fund and two ‘tech’ stocks.  My largest new payer for June was closed-end fund PIMCO Corporate and Income Strategy Fund (PCN), delivering $143.79.  Coming in with much smaller amounts of $8.41 & $6.25, respectively, were ‘tech’ stocks Meta Platforms (META) and NVIDIA (NVDA).

Finally, there were two stocks that no longer paid me a dividend this June.  The largest was the $221.94 from Nexstar Media Group (NXST).  This reduction resulted from the payment that shifted from a June dividend last year to a May dividend this year.  This is what led to my negative YoY growth this month.  Then there was the elimination of the $52.65 dividend from Flowers Foods (FLO).  I sold FLO nearly one year ago due to shaky performance and a poor outlook.

 

Reinvested Dividends

As usual this year, no dividends got automatically reinvested into the stocks that paid them.  I’m using the dividends to cover some of my monthly living expenses.

Unfortunately, this meant that $0.00 of additional forward dividend income was generated due to reinvested dividends.

 

Dividend Raises

I was happy to receive 5 dividend raises in June, as it broke me out of a rut in which I’d received three dividend raises for three months in a row.  Making me even happier was the fact that at least one of the raises reached a double-digit percentage.  Such raises seem to have become less frequent over the past few years.

I was expecting 4 raises in June, and all of these arrived, but I did get one that was unexpected.  Of course, I won’t complain about that.

The 5 raises got me close to the triple-digit additional forward dividend income I desire from this source, but fell a bit short.

 

My first June dividend raise came from Medtronic (MDT).  This was the one I was expecting in late May, but slipped into early June.  It turned out to be a fairly disappointing 1.41% raise that only boosted my forward dividend income by $2.87.  The one cent raise matched that from last year, but meant that this year’s raise percentage would come up short of the 1.43% raise from last year.

On the same day, UnitedHealth Group (UNH) delivered a 4.98% dividend hike.  This was a bit less than last year’s 5.24% raise.  This is two consecutive year’s of modest raises after a long string of double-digit hikes.  I expect future raises to also hover in the 5% range, until the payout ratio (currently over 50%) returns to the 30% number it’s historically been.  This year’s raise was good enough to increase my forward dividend income by $14.28.

Next up was the token quarterly raise from Realty Income (O).  It was a tiny 0.18% raise that resulted in a $0.69 bump to my forward dividend income.  This is the second raise from O this year, and it brought the total raise for 2026 to 0.37%.  There should be at least two more token raises before year’s end, and hopefully the one larger raise, too.

A couple days later, Caterpillar (CAT) announced a 7.95% raise, which is right on par with its historical average.  This topped its 7.09% raise from the previous year.  Even better, it added $22.89 to my forward dividend income.  I thought this would end up being my best raise of the month, until…

I was surprised by a raise from JPMorgan Chase & Co. (JPM).  JPM successfully passed the Federal Reserve’s annual stress test and immediately hiked their dividend by 10%.  A double-digit raise!  This jacked up my forward dividend income by a beautiful $53.43… I’ll take it!

 

 

After accounting for all my June dividend raises, my forward dividend income increased by $94.16.  So close to a triple-digit total, but it wasn’t meant to be.

I’d have to invest $3,766.40 at my Portfolio’s current yield of 2.50% in order to receive the same boost to my forward dividend income as this month’s raises.

Looking ahead to July, I think I’ll be returning to the land of three dividend raises again.  I expect to hear NNN REIT (NNN), Cummins (CMI) and Union Pacific (UNP).  I already received a surprise raise for July (so I now I expect four raises for the month), but I’ll defer reporting on that until next month.

 

Dividends Due To New Investment

I didn’t execute any Portfolio transactions in June.  This is the 3rd time I’ve had no transactions for the month this year.

Thus, I had $0.00 of additional forward dividend income coming from investment of capital.

The number of stocks/funds in my Portfolio remained at 57.

 

Tallying Up The Additional Forward Dividend Income

In 2026, I will continue tracking my additional forward dividend income generated each month from the trifecta of sources: reinvested dividends, dividend raises, and new capital investment.  However, expect nearly all the action to be from dividend raises.

I’ll show 2025 totals as well, so that we can compare as the year progresses.

 

 

I only had one source providing any additional forward dividend income in June, and that was Dividend Raises.  It delivered a solid $94.16.  This source total topped the one from June of last year ($37.54), as well as the one from last month ($51.00).

As will normally be the case, I got zero from Reinvested Dividends and Investment of Capital.  Thus, all totaled, I gained $94.16 of additional forward dividend income.

Sadly, I fell short of my goal of posting a triple-digit month of additional forward dividend income.  Perhaps if I get some additional help from the other two sources next month, triple-digits can be achieved.

Half way through 2026 and Dividend Raises is doing most of the work when it comes to additional forward dividend income for my Portfolio.  Dividend Raises have provided $473.15 so far, which is a little off the pace of $500 in 6 months so that I can reach $1K annually from this source.  Some of my better months for dividend raises come in Q4, so I’m remaining optimistic that $1K from Dividend Raises will happen in 2026.

 

Progress Charts

The following are progress charts, also available on my Dividends page.

You can see the negative YoY growth from this June.  That shifted dividend payment from NXST did me in.  Oh well, those happen from time to time.  I expect I’ll be back to positive growth in July.

 

 

On an annual basis, here’s what the dividend totals look like.

I’ve collected almost $12.5K at the midpoint of 2026.  This has already eclipsed the dividend total from all of 2020.  The ~$12.5K puts me in a good position for reaching $25K in annual dividends in 2026.  Let’s go!

 

 

Summary

June turned out to be an incredible month for dividends.  I collected more than $2.6K, which was my 2nd-best total ever.

The only negative was the negative YoY growth (-1.47%) that I experienced due to a shifted dividend payment.  Needless to say that this was nowhere close to the double-digit YoY growth percentage that I target.  No worries though, I expect to be back to growth next month.

My Portfolio had a stellar 27 dividend payments in June, which I believe to be a record number of monthly payers.  Eleven of the payers provided a triple-digit dividend, with a pair of them topping $200.  My dividends ranged from a hefty $213.36 from AFL, to a minor $5.51 from GOOG.

I received 5 dividend raises in June.  This was a step up from the three I’d received in each of the last three months.  The additional forward dividend income from the June raises was $94.16 and all came from a single source – Dividend Raises.  My best raise was a 10% hike from JPM, which I wasn’t expecting.

There was no additional forward dividend income resulting from Reinvested Dividends (as my dividends are currently used for living expenses), or Investment of Capital (as I didn’t have any Portfolio transactions).

Tallying the contributions from all sources (just Dividend Raises this time), I added $94.16 of forward dividend income to my Portfolio in June.  I almost reached my monthly triple-digit target.

 

How did you fare in June?  Set any dividend records?  If not, did you at least have a big quarter-ending month of dividends?  Which source provided the most forward dividend income for you?  Please share in the Comments!

I have updated the Portfolio & Dividends pages in conjunction with this monthly update.