June 2026 Dividend Stock Purchases/Sale

As I'm writing this blog post, it's currently Tuesday, July 7th, 2026. The temperature here in Central Wisconsin reached a high of 86 degrees Fahrenheit (with a heat index of 90) earlier today.

Now that the month of June is behind us, I will be taking a moment to briefly outline my dividend stock purchases and sale for the month. Let's dig into it!

Dividend Stock Purchase #1: American Water Works Company, Inc. (AWK)

I added another 10 shares of American Water Works at an average price per share of $122.47. In my June 2026 Stock Watch List blog post, I discussed my investment thesis for AWK. This added $35.80 to my portfolio's net annual forward dividends, which is equivalent to a 2.92% net dividend yield.

Dividend Stock Purchase #2: Mastercard Incorporated (MA)

My next purchase was two more shares of Mastercard at an average cost of $491.48 a share. Interested readers can once again reference my June 2026 Stock Watch List blog post for my investment thesis. The transaction increased my net annual forward dividends by $6.96, which equates to a 0.71% net dividend yield.

Dividend Stock Purchase #3: Main Street Capital Corporation (MAIN)

I boosted my position in Main Street Capital by 20 shares at an average price per share of $51.68. Originally, I was going to add to my position in MPLX LP. It ran up a bit too much for my liking, so I instead decided to add to MAIN. In my view, the BDC is basically a wonderful business trading just below value value from here. Along with modest NII per share growth, this should provide a path to low double-digit percentage annual total returns over the medium term. This lifted my net annual forward dividends by $87.60, which works out to an 8.48% net dividend yield.

Dividend Stock Purchase #4: Microsoft Corporation (MSFT)

My next purchase was three more shares of Microsoft at an average cost of $464.14 a share. Curious readers can peruse my investment thesis in my June 2026 Stock Watch List blog post linked earlier. The $10.92 increase in net annual forward dividends is equivalent to a 0.78% net dividend yield.

Dividend Stock Purchase #5: NVIDIA Corporation (NVDA)

I also increased my position in NVIDIA Corporation by another four shares at an average price per share of $220.62. Readers can pore over my thesis in the June 2026 Stock Watch List blog post linked earlier. This helped my net annual forward dividends to edge $4 higher, which equates to a 0.45% net dividend yield.

Stock Sale: FedEx Freight Holding Company Inc. (FDXF)

Upon receiving a couple of shares of FedEx Freight Holding Company Inc. upon completion of the spinoff from FedEx Corporation, I decided to ultimately part ways with this very small position at $165.83 apiece. Since FDXF doesn't pay a dividend, this move didn't reduce my net annual forward dividends.

Dividend Stock Purchase: Genpact Limited (G)

I redeployed the proceeds into another 12 shares of Genpact Limited at an average cost of $27.69 a share. Readers can find my thoughts in my May 2026 Stock Purchases/Sale blog post. This works out to a 2.71% net dividend yield.

Concluding Thoughts:

In June 2026, I deployed $5,622.07 in net capital (including $105.28 in net dividends from my CAIBX mutual fund holding in my former employer-sponsored account. Including the $9 increase from capital deployment, my net annual forwards rose by $154.28. That's equivalent to a 2.74% net dividend yield.

My net annual forward dividends grew by $3.478 from dividend announcements in June 2026 (not counting downward adjustments in ADR dividends due to currency translation). These variables lifted my net annual forward dividends from $7,620 heading into the month to roughly $7,770 moving into July 2026.

Discussion:

How was your capital deployment in June 2026?

Did you close any positions as I did with FDXF (or open any new positions) during the month?

I appreciate your readership and welcome your comments below!

June 2026 Dividend Income

As I'm writing this blog post, it's currently Tuesday, June 30th. The temperature here in Central Wisconsin hit a high of 92 degrees Fahrenheit and a heat index of 104 earlier today! Needless to say, I didn't spend much time at all outside today.

Now that the month is over, I'll briefly highlight my net dividend income for June 2026. Without further ado, let's dig into it!

Net Dividend Income Topped $750

In June 2026, I collected $750.91 in net dividends (including ADR fees for BAM). Sequentially, this was up 8.2% over the $694.11 in net dividends received in March 2026.

Against the $615.38 in net dividends collected in June 2025, this is equivalent to a 22% year-over-year growth rate.

In my taxable Robinhood account (formerly my Charles Schwab account), I received $427.06 from 37 companies. The lower company count versus March 2026 was specifically due to the sales of United Parcel Service (UPS) and Pinnacle West Capital (PNW) in February 2026, as well as the sale of Aflac (AFL) in May 2026.

In my Robinhood IRA portfolio, I collected $171.90 in net dividends from 16 companies. The extra company in the portfolio that paid a dividend here was Meta Platforms (META), which I added to the IRA back in February 2026.

I also received $105.28 in net dividends from my Capital Income Builder (CAIBX) mutual fund in a retirement account from my employer out of college. The higher share count led to a slight increase in my net dividends from this source.

In my Fidelity solo 401k account, I collected $25.73 in net dividends from six companies. Since this was just opened in April, all of the income from this account was new to me.

Finally, I received $20.94 from seven companies in my Webull portfolio.

Concluding Thoughts:

June 2026 represented another passive income milestone for the portfolio, with net dividend income surpassing $750 for the first time. Through the first six months of 2026, my net dividend income surged 27%. As I continue to aggressively save and invest in the months ahead, I believe that this net dividend income growth rate will slightly accelerate with the help of math and above all else, God's grace.

Discussion:

How was your June 2026 for dividend income?

Did you receive any first-time dividends as I did with Genpact Limited?

Thanks for reading and please feel free to comment below!

Scaling Passive Income: How I Grew My Forward Dividends by 60%+ in Two Years

As I'm writing this blog post, it's currently Tuesday, June 23rd. The temperature here in Central Wisconsin reached a high of 78 degrees Fahrenheit today, so I was eager to spend some time outside!

Digging into the topic of today, building wealth through dividend growth investing is often described as a slow, methodical process - a marathon rather than a sprint. The speed at which this engine fires is heavily influenced by strategy, discipline, and consistent capital allocation.

Looking back at my portfolio data from June 2024 to June 2026, I am pleased to share that I have achieved a significant acceleration in my passive income stream. Over this two-year window, my net annual forward dividends surged higher by 62.8%. More specifically, from June 2025 to June 2026 alone (the latter blog post will be out next week), I saw a 28.7% increase, with my projected annual income rising from $6,035 to $7,765.

Achieving this level of growth requires more than simply holding "blue-chip" stocks. It takes a focused strategy. Here is how I moved the needle.

1. Prioritizing Dividend Growth And Quality Over High Yield

One of the most common pitfalls for income investors is yield chasing. That's buying stocks with unsustainable, sky-high dividends (generally, anything coming close to a 10% yield isn't viable). By leaning even more into companies that retain the majority of their earnings and that have a demonstrated history of dividend growth, I haven't had a dividend cut since Medical Properties Trust slashed its dividend in August 2023.

In dividend investing, it's arguably just as important to not go backward as it is to receive generous payout raises. Along with my preference to balance income with capital appreciation, this informs why I constructed the underlying holdings in my portfolio to only pay out 45% of their expected earnings for 2026. The improved growth from this capital retention strategy gives my portfolio much better total return prospects than static high-yielders.

2. Aggressive Capital Deployment and Dividend Reinvestment

Of course, growth at this pace isn't possible through dividend hikes alone. Consistent capital injections are a must. During these two years, I consistently saved and invested anywhere from 50%+ to 70%+ of my after-tax income (typically at the very beginning of each month to automate my contributions). Since I have been investing for less than nine years now, my monthly capital contributions remain the driving force behind my compounding machine.

My capital velocity has especially picked up in recent months as my income has scaled more from my professional development. Along the way, I have also selectively reinvested my dividends back into whatever I viewed as the best opportunities at the time.

3. Sector Diversification

I have also been meticulous to not allow any one particular sector of my portfolio produce too much of my passive income. The energy sector (specifically midstream) is my biggest income contributor, contributing roughly one-quarter of my passive income. By diversifying more defensive holdings with tech-oriented dividend growers with my barbell strategy, I protected the portfolio against volatility.

This helped me to keep my cool through the selloffs over the last couple years without panic-selling, which kept mt capital working in the highest-quality companies the market has to offer.

Concluding Thoughts:

Reaching $7,765 in annual forward income has me knocking on the door of the biggest milestone for my portfolio yet: $10,000, which will mark the start of the journey from five figures to six figures. At my current pace, this is probably about a year away for me.

More important than the dollar amount, though, the portfolio is becoming self-sustaining. If one is looking to accelerate their own dividend growth, remember that the most important variables are the ones you control: your savings rate, your focus on companies that grow their payouts year in and year out, and reinvestment.

Discussion:

As you work toward your own passive income goals, what is the biggest controlled variable (e.g., savings rate or reinvestment) that has helped you maintain your momentum during market volatility?

I appreciate your readership and welcome your comments below!

Expected Dividend Increases for July 2026

As I'm writing this blog post, it's currently Tuesday, June 16th. The temperature here in Central Wisconsin is set to reach a high of 67 degrees Fahrenheit later today. That's quite cool for this time of the year, but I'll still take it!

Now that the month is more than half complete, now would be a good time to highlight the dividend raises that I received in June 2026. I'll also look ahead to the raises that I'm expecting for July 2026. Let's get into it!

Actual Dividend Increases for June 2026

Dividend Increase #1: Medtronic (MDT)

Medtronic announced a 1.4% increase in its quarterly dividend per share to $0.72. This was less than the 5.6% increase in the quarterly dividend that I was anticipating in this series' previous blog post.

Across my 13 shares of MDT, my net annual forward dividends grew by $0.52 from this dividend announcement.

Dividend Increase #2: Realty Income (O)

Realty Income declared a 0.2% bump in its monthly dividend per share to $0.2710. Since O hasn't yet elected to deliver its one bigger dividend raise for the year yet, this missed my expectation for a 1.7% raise to $0.2750.

My net annual forward dividends edged $0.918 higher across my 153 shares of O due to this dividend declaration.

Dividend Increase #3: UnitedHealth Group (UNH)

UnitedHealth Group announced a 5% raise in its quarterly dividend per share to $2.32. This was a bit below the 6.3% boost to $2.35 that I was predicting.

Across my 13 shares of UNH, my net annual forward dividends grew by $5.72 from this dividend announcement.

Dividend Adjustment: FedEx Corporation (FDX)

On an adjusted basis, FedEx raised its quarterly dividend per share by 4% to $1.22. On an absolute basis, this was lower than the prior quarterly dividend per share of $1.45. That's due to the recent spinoff of its freight business (FedEx Freight Holding Company). Overall, I do believe that this will unlock more value for shareholders. Along with the impact on my passive income being minimal, I don't mind this move.

My net annual forward dividends decreased by $3.68 due to the dividend adjustment across my four shares.

Expected Dividend Increases for July 2026

Expected Dividend Increase #1: Cummins (CMI)

The first payout boost that I'm expecting for July 2026 will be from Cummins. My best guess is that CMI will declare an 8% hike in its quarterly dividend per share to $2.16.

Across my five shares of CMI, my net annual forward dividends would grow by $3.20 from such a dividend declaration.

Expected Dividend Increase #2: Duke Energy (DUK)

The next dividend raise that I'm anticipating for next month will come from Duke Energy. I believe that DUK will announce a 2.5% increase in its quarterly dividend per share to $1.09.

My net annual forward dividends would edge higher by $0.60 across my six shares due to such a dividend announcement.

Expected Distribution Increase #3: Enterprise Products Partners (EPD)

The third distribution increase that I'm expecting for July 2026 will be from Enterprise Products Partners. My guess is that EPD will declare a 0.9% increase in its quarterly distribution per unit to $0.5550.

Across my 275 units of EPD, my net annual forward distributions would rise by $5.50 from such a distribution declaration.

Expected Distribution Increase #4: Energy Transfer (ET)

The next distribution bump that I'm predicting for next month will come from Energy Transfer. My best guess is that ET will announce a 0.7% increase in its quarterly distribution per unit to $0.34.

My net annual forward distributions would grow by $2.07 across my 207 units of ET due to such a distribution announcement.

Expected Dividend Increase #5: JPMorgan Chase (JPM)

The fifth dividend raise that I'm anticipating for July 2026 will be from JPMorgan Chase. I believe that JPM will declare a 6.7% raise in its quarterly dividend per share to $1.60.

Across my six shares of JPM, my net annual forward dividends would rise by $2.40 from such a dividend declaration.

Expected Dividend Increase #6: NNN REIT (NNN)

The next dividend increase that I'm expecting for next month will come from NNN REIT. My guess is that NNN will announce a 3.3% bump in its quarterly dividend per share to $0.62.

My net annual forward dividends would jump $5.76 higher across my 72 shares due to such a dividend announcement.

Expected Dividend Increase #7: J.M. Smucker (SJM)

The seventh dividend raise that I'm predicting will be from J.M. Smucker. My best guess is that SJM will declare a 2.7% increase in its quarterly dividend per share to $1.13.

Across my three shares of SJM, my net annual forward dividends would inch $0.36 higher from such a dividend declaration.

Expected Dividend Increase #8: Union Pacific (UNP)

The next dividend increase that I'm anticipating will come from Union Pacific. I believe that UNP will announce a 5.1% raise in its quarterly dividend per share to $1.45.

My net annual forward dividends would rise by $2.52 across my nine shares of UNP due to such a dividend announcement.

Expected Dividend Increase #9: Wells Fargo (WFC)

The ninth dividend raise that I'm expecting will be from Wells Fargo. My guess is that WFC will declare an 11.1% hike in its quarterly dividend per share to $0.50.

Across my eight shares of WFC, my net annual forward dividends would grow by $1.60 from such a dividend declaration.

Expected Dividend Increase #10: Essential Utilities (WTRG)

The final dividend increase that I'm predicting will come from Essential Utilities. My best guess is that WTRG will announce a 5.1% raise in its quarterly dividend per share to $0.36.

My net annual forward dividends would edge higher by $1.462 across my 21 shares of WTRG due to such a dividend announcement.

Concluding Thoughts:

My net annual forward dividends grew by $3.478 in June 2026 (not counting downward adjustments in ADR dividends from a stronger USD as of late). This would be equivalent to investing $115.93 at a 3% net dividend yield.

If my 10 dividend raises that I'm expecting for July 2026 play out as anticipated, my net annual forward dividends would climb $25.472 higher. That would require investing $849.07 at a 3% net dividend yield to replicate.

Discussion:

How has your June 2026 been for dividend raises thus far?

Did you or do you expect to receive any first-time dividend hikes this month?

Thanks for reading and please feel free to comment below!