Dividend Income Update August 2016

The start of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. August was exciting as ever as my year over year numbers continue to highlight the trifecta magic of dividend investing which includes, adding fresh capital, dividend raises and basic compounding to create an ever increasing passive income stream. Even if I stopped adding fresh capital today and every dividend stock I owned kept all distributions flat, without a single raise, my passive income stream will continue to grow. Of course, my plan is to never stop adding cash to my accounts even during times like these when the market, and many individual stocks, are trading at expensive valuations and less than robust dividend yields. All you can really do is try and pinpoint the best relative values and yields while continually deploying fresh capital. With that being said, let’s take a look back at my August 2016 dividend income.

 

Dividend income from my taxable account totaled $283.14 up from $227.49 an increase of 24.5% from August of last year.

 

Dividend income from my ROTH account totaled $188.05 up from $97.83 an increase of 92.2% from this time last year.

 

Dividend income from my IRA account totaled $98.93 up from $47.95 a year over year increase of 106.3%.

 

Grand total for the month of August: $570.12 an increase of 52.7% from August 2015.

 

Brokerage Account

Year to date dividends: $2,399.29

DateDescriptionSymbolAmount
08/01/2016DIVIDEND:GISGIS$35.51
08/05/2016DIVIDEND:YUMYUM$26.85
08/08/2016DIVIDEND:APDAPD$34.20
08/12/2016DIVIDEND:CLXCLX$11.03
08/15/2016DIVIDEND:ABTABT$20.11
08/15/2016DIVIDEND:CLCL$6.83
08/15/2016DIVIDEND:ABBVABBV$60.04
08/15/2016DIVIDEND:PGPG$12.57
08/19/2016DIVIDEND:JCIJCI$19.85
08/22/2016DIVIDEND:CATCAT$56.15
Total: $283.14

ROTH Account

Year to date dividends: $1,059.63

DateDescriptionSymbolAmount
08/02/2016DIVIDEND:TDTD$71.31
08/05/2016DIVIDEND:YUMYUM$7.82
08/15/2016DIVIDEND:PGPG$7.41
08/22/2016DIVIDEND:CATCAT$48.65
08/25/2016DIVIDEND:RYRY$52.86
Total: $188.05

IRA Account

Year to date dividends: $372.11

DateDescriptionSymbolAmount
08/22/2016DIVIDEND:HCNHCN$47.26
08/23/2016DIVIDEND:HCPHCP$51.67
Total: $98.93

You just have to love the very real results of dividend growth investing. The numbers above just continue to prove to me that over time, and with a lot of patience, dividend growth investing can work and provide and ever increasing passive income stream.

 

Are any of these dividend stocks in your portfolio too? How was your August dividend income? Please let me know below.

 

Disclosure: Long all above

66 thoughts on “Dividend Income Update August 2016

    • Hi JP,

      CAT is the classic cyclical play going from boom to bust cycles every few years. I’m sure there will be a nice sell off in that name and you’ll get your chance to pick up some shares. Thank you for your support.

    • Hi MDP,

      The Canadian banks have all grown to a pretty large size relative to my other holdings and they are definitely pulling a lot of the August income weight. I mentioned that I’d like to start leveling off my passive income stream so as to not become too reliant on just a handful of dividend payers in any particular month. Thank you for your comment and continued support.

  1. Divhut,

    I feel like it has been a long time ha Nice job in August! A 52% increase from last year….HECK YEAH! That’s an impressive mark. Hopefully I will be reading about even larger growth rates in August 2017. Get ready to watch that dividend snowball roll….roll….and roll.

    Take care,

    Bert
    Dividend Diplomats recently posted…Make Saving Part of Your RoutineMy Profile

    • Hi DD,

      It’s all about getting that snowball to grow and roll. It’s nice to see a solid year over year gain when my recent purchases the last few months have been on the small side. No matter, as long as I continue to invest each month I’ll be happy knowing I’m following my investing guidelines. As always, I appreciate your comment and look forward to the DD dividend income round up!

    • Hi IH,

      You said it. It’s these types of updates from around our entire dividend community that continues to encourage myself to press on this long dividend growth journey. I always believed that consistency with ones investments is key. It’s not just about buying certain stocks it’s about creating a habit of continual investing. Than you for stopping by and commenting.

    • Hi ambertree,

      Just keep buying solid dividend paying stocks and you too will have an impressive year over year gain. Thank you for continued support and comment.

    • Hi Doug,

      Thank you for your encouragement and support. No doubt my August totals can take care of more than a few monthly bills. I appreciate your comment.

    • Hi DC,

      My August dividend totals can definitely cover some of my monthly expenses. Seeing more money come in each year over year month just proves to me that with patience and the right mix of stocks anyone can create an ever increasing passive income stream. Of course, one just has to start on this long journey and take advantage of time and compounding too. Thank you for your continued support.

    • Hi DL,

      My focus is always the year over year growth. As long as I see positive numbers I know I am doing the right thing and headed in the right direction. Of course, it all translates to an ever increasing passive income stream which is what we are all after. Thank you for sharing your thoughts.

    • Hi Tawcan,

      That’s my plan. I’ll keep adding fresh capital every single month as I always have and continue to build that passive income stream. Seeing year over year gains like August just keeps me focused on this long journey we are experiencing. As always, I appreciate your comment.

    • Hi RTC,

      It sure felt like I “crushed” it for August. Those year over year increases just keeps me motivated to continue on this dividend growth journey. Thank you for commenting.

    • Hi Chris,

      I contribute the max to my ROTH each year at $5,500. So basically, that’s all I have to add in any given year. The increase came from my focus on the Canadian bank stocks as I built up my positions in the big three, TD, BNS and RY. The reality is that I buy wherever I see decent value and yield. As always, I appreciate your comment.

  2. Great increase DH. Compounding dividends will continue to pay you regardless…. steady contributions will only help your portfolio generate more dividend payments. Keep growing your portfolio for the long term. Thanks for sharing!

    • Hi MD,

      I’m all about steady contributions. Since I became a dividend growth investor I made it a goal to put money to work every single month. It doesn’t matter the amount, I just wanted to be consistent with my investments and continually build up that passive income stream. Thank you for stopping by and commenting.

    • Hi TCF,

      August was very solid. No doubt those Canadian bank holdings are pulling a lot of the weight for the month. Looks like the cheese is really rolling in on your end too. Congrats on your impressive August totals. Thank you for your comment.

    • Hi ME,

      Thank you for your encouragement. As you can imagine I was very happy with my August results. We’ll see what September has in store. Every dividend income investor loves those end of quarter months. Thank you for sharing your thoughts.

    • Hi DDU,

      I appreciate your kind words about my portfolio. I definitely took my time building it up and focused mostly on dividend growers rather than high yielding stocks. Over time, it allowed me to build up a ‘rock solid’ portfolio. Thank you for stopping by and commenting.

  3. Hey Divhut,

    Congrats on registering such impressive year on year increases in dividends, in August too!
    August wasn’t too bad for my portfolio either; however, September is when the money really starts to roll in πŸ™‚
    All the best!

    • Hi FM,

      Every dividend investor loves the end of quarter months. I look forward to reading the many great income reports next month. Thank you for your kind words about my passive income. Where I am today all started with my first trades many years ago. Dividend investing is definitely a marathon and not a sprint. I appreciate your comment.

    • Hi PID,

      August was a really great month in terms of actual dollars coming in and a pretty impressive year over year stat too. I like HCN and own it for a little while. Of all the REITs I prefer the health REITs first. While I like HCN and others in the space, I do not plan to add to any in the near term as I find them all a bit too pricey. All we need is more interest rate hike chatter to drive the whole sector down. Thank you for commenting.

  4. Keep up the great work Keith. Keep at it and in no time, you’ll reach your goals.
    In the meantime, enjoy the family and the ride. We’re in a great spot to be able to build wealth. Thanks for sharing and don’t stop! We gotta keep hustling it up! Cheers bro.

    • Hi DH,

      Thank you for your continued encouragement. You know I have no plans to stop as I’m continuing to make my buys with each passing month building up that passive income stream bit by bit. As always, I appreciate your comment.

    • Hi DG,

      Every time I think about my forward dividend income years down the road I get excited. I guess anyone who is a dividend growth investor is inherently a positive person as we are always looking towards the future with earnest as our passive income increases with each passing year. Thank you for stopping by and commenting.

    • Hi DI,

      I appreciate your support with each comment you leave. As you can imagine I was very happy with my August results and seeing a pretty high year over year increase just shows I’m headed in the right direction.

  5. Wow, very impressive growth. Your account is truly a dividend hut , hub. πŸ˜› September will be huge for the dividend community. I’d be sure to check back more often to get inspiration on your stock recommendation/watchlist.
    vivianne recently posted…August dividendMy Profile

    • Hi vivianne,

      It’s all about collecting those dividends bit by bit. My recent purchases have all been on the small side as of late but every little bit helps. Besides, almost every company in my portfolio already raised their dividends for the year and that all helps the dividend snowball continue to grow. Thank you for your kind words and support.

    • Hi R2R,

      Thank you for your continued support. As you can imagine I was quite pleased with that year over year total. JCI and TYC just entered into a merger that went through this past weekend. I’ll be getting shares in the new company plus some cash as a result. I was told it can take up to two weeks before the shares/cash hits my account. As always, I appreciate your comment.

    • Hi Stephen,

      That’s the beauty of being a dividend growth investor… the money keeps rolling in whether I am at work or play or somewhere in between. No complaints about my August totals that’s for sure. Thank you for commenting.

    • Hi Jay,

      Thank you for your support. August was a solid month by any measure especially after posting that year over year growth. It’s nice to see the fruits of your investments every three months and watch your passive income stream continue to grow. Thank you for commenting.

  6. “over time, and with a lot of patience, dividend growth investing can work and provide and ever increasing passive income stream.” I love this quote. I think Warren Buffet jokes that he owns I think like 3-5 companies in the Fortune 500. Says something like “Only 497 – 495 more to go”. He sure didn’t get to that position overnight, it was years and years of buying shares and being patient.
    Finance Solver recently posted…Be Brutally Honest With YourselfMy Profile

    • Hi FS,

      Glad you liked that statement. I always like to write the words, “ever increasing passive income stream.” It just has a nice ring to it and really summarizes what dividend investing can be all about. As you mentioned Warren Buffett we should all be reminded that dividend growth investing is really a marathon and not a sprint. When you think about it, it took Buffett an entire long lifetime to get to where he is today. As always, I appreciate your comment.

    • Hi wft,

      I appreciate your kind words and support. With each passing month I am happy to see my dividends continue to grow and snowball partly because of fresh capital invested and partly because of dividend reinvestment. That’s what it’s all about. Glad you enjoy these posts and updates. Thank you for sharing your thoughts.

    • Hi BuildingIncomeInvestments,

      That’s kind of the point of being a dividend growth investor. Buy many high quality dividend payers and create your own mini mutual fund/ETF. Going forward I still may add new names to my portfolio. I keep a watch list that I update every month or so with potential picks. Thank you for stopping by and commenting.

    • Hi HHaWG,

      I appreciate your continued support. Glad these updates continue to inspire others as to what regular investing in high quality dividend payers can achieve. Thank you for commenting.

    • Hi JC,

      August was a solid month for sure. I was very pleased with my results as you can imagine. It was nice to see such a healthy year over year increase considering my last few months of buys have been on the light side. We’ll see if market panic continues to set in next week. We may be getting better buying opportunities sooner than later. Thank you for commenting.

    • Hi CL,

      Thank you for your kind words and support. As you stated, the numbers tell the story of my dividend progress. As long as I can add to my dividend stocks each month I hope to continue to put up year over year growth figures. Thank you for stopping by and commenting.

    • Hi EL,

      The Canadian banks really did their part in assisting with that nice year over year jump. No complaints from me πŸ™‚ I’ll continue to put fresh capital to work from time to time making at least one buy each month as I always have. Thank you for sharing your thoughts.

    • Hi easydividend,

      Thank you for your continued support. This truly is dividend growth investing at work as you can see real growth measured in real dollars. This isn’t some investment theory. It’s real world results which is why I’ll continue on this path to an ever increasing passive income stream. As always, I appreciate your comment.

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