As I'm writing this blog post, it's currently Monday, July 27th. The temperature here in Central Wisconsin reached 98 degrees Fahrenheit, with the heat index easily topping 100 degrees earlier today! As a result, I didn't really spend much time at all outside.
With that out of the way, I'll be going over my net dividend income for July 2026 now that the month is essentially over. Without further ado, let's jump into it!
Net Dividend Income Surpassed $350
In July 2026, I collected $359.31 in net dividends (including ADR fees for GSK). This was down 11.2% over the $404.84 in net dividends received in April 2026. Adjusting for the timing of dividend payments from Novo Nordisk and NVIDIA, my net dividends would have grown by 9.8%.
Against the $268.61 in net dividends collected in July 2025, that equates to a 33.8% year-over-year growth rate.
In my Charles Schwab account (and later taxable Robinhood account from a transfer), I received $262.16 in net dividends from 21 companies. As I alluded to earlier, the difference in company count and the decline in dividends versus April in this account was entirely attributed to the timing of dividend payments from NVO and NVDA.
I also collected $65.96 in net dividends from five companies in my Robinhood IRA portfolio.
Since opening Fidelity solo 401(k) in March and beginning funding in April 2026, I received my first dividends for the first month of a quarter in July 2026. These amounted to $23.60 from three companies (Automatic Data Processing, VICI Properties, and Intuit).
Lastly, I collected $7.59 in net dividends from two companies (Philip Morris International and Altria Group).
Concluding Thoughts:
When backing out the impact of timing of dividends from NVO and NVDA, my net dividend income was a new all-time high for the first month of a quarter. Through the first seven months of 2026, my net dividend income has jumped 27.6%. As I keep saving and investing as much as possible in the months to come, I believe that with God's providence, I can maintain a high-20% growth rate in dividend income in 2026.
Discussion:
How was your July 2026 for dividend income?
Did you receive any first-time dividends during the month?
Thanks for your readership and I look forward to your comments below!
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