Dividend Income Update August 2017

It’s dividend income update time. One of my favorite times of the month as I get to review my previous month of passive income received from my dividend income portfolios.

 

Without rehashing the wild ride we experienced in the market last month, I could find comfort in one thing, my dividends. As we all know, the market may move up and down irrationally and seemingly on a whim while our dividends remain much more stable, reliable and predictable. Sure, dividends may not increase every year and a cut or elimination is even possible but the odds are greatly reduced when you diversify among different companies and sectors and focus on dividend quality (free cash flow, EPS and payout ratios). Forget chasing the high yield unicorns and focus on the boring lower yielding but sustainable dividends. In the long run you’ll be better off. With that being said, let’s take a look at my August 2017 dividend totals.

 

Dividend income from my taxable account totaled $320.16 up from $283.14 an increase of 13.1% from August of last year.

 

Dividend income from my ROTH account totaled $215.43 up from $188.05 an increase of 14.6% from this time last year.

 

Dividend income from my IRA account totaled $122.63 up from $98.93, a year over year increase of 24.0%.

 

Grand total for the month of August: $658.22 an increase of 15.5% from August 2016.

 

Brokerage Account

Year to date dividends: $2,821.64

DateDescriptionSymbolAmount
08/01/2017DIVIDEND:GISGIS$54.74
08/04/2017DIVIDEND:BCRBCR$1.05
08/04/2017DIVIDEND:CLXCLX$11.88
08/04/2017DIVIDEND:YUMYUM$17.91
08/14/2017DIVIDEND:APDAPD$38.72
08/15/2017DIVIDEND:CLCL$7.17
08/15/2017DIVIDEND:HRLHRL$5.85
08/15/2017DIVIDEND:ABBVABBV$86.88
08/15/2017DIVIDEND:ABTABT$21.00
08/15/2017DIVIDEND:PGPG$13.35
08/17/2017DIVIDEND:ADNTADNT$1.84
08/21/2017DIVIDEND:VSMVSM$1.00
08/21/2017DIVIDEND:CATCAT$58.77
Total: $320.16

ROTH Account

Year to date dividends: $1,260.48

DateDescriptionSymbolAmount
08/01/2017DIVIDEND:GISGIS$3.92
08/01/2017DIVIDEND:TDTD$85.01
08/04/2017DIVIDEND:YUMYUM$5.22
08/15/2017DIVIDEND:PGPG$7.88
08/21/2017DIVIDEND:CATCAT$50.92
08/25/2017DIVIDEND:SBUXSBUX$1.75
08/25/2017DIVIDEND:RYRY$60.73
Total: $215.43

IRA Account

Year to date dividends: $448.93

DateDescriptionSymbolAmount
08/21/2017DIVIDEND:HCNHCN$51.99
08/22/2017DIVIDEND:HCPHCP$49.51
08/24/2017DIVIDEND:CCPCCP$19.19
08/31/2017DIVIDEND:LTCLTC$1.94
Total: $122.63

 

Some notes about my August update:

This was my last dividend received from Care Capital Properties, Inc. (CCP) in my IRA as the merger with Sabra Health Care REIT, Inc. (SBRA) was completed a few weeks ago. Also, albeit small, I am happy to announce my very first Starbucks Corporation (SBUX) dividend. I hope to see that dividend continue grow over the coming months and years and with eight months of 2017 already under my belt I’m happy to see that I have brought in $4,531.05 in total passive income exclusively from dividends or an average monthly figure of $566.38. In all, a great August showing with a healthy double digit year over year gain.

 

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

73 thoughts on “Dividend Income Update August 2017

  1. DivHut,
    Great stuff! It’s nice to see big year over year increase!
    Out of your list, I received dividends from PG as well this month.
    Your example shows that it’s possible to get great results even though the yield of most of your companies is not the highest in the market. You’ve got to love the patient approach!
    -BI
    BrokeInvestor recently posted…August 2017 SummaryMy Profile

    • Hi BI,

      Investing in lower yielding growing dividends has been my mantra since I went the DGI route. I never chased high yield stocks as I have seen over time that they rarely last. Happy to be a fellow PG shareholder with you. Investing for dividends is very much a marathon and requires a ‘patient approach.’ Thank you for commenting.

    • Hi P2F,

      Thank you for your continued support. In time, you will be able to see these same results and better. It just takes a lot of patience and consistency with your investments. I appreciate your comment.

    • Hi DL,

      Like all of us, I’m also looking forward to seeing my September results, not to rush time passing or anything 🙂 Nice to see we have some solid staples in common for the month. Regarding my “newly” issued SBRA, I plan to hold it for now. No plans to sell nor add to it for the foreseeable future. Thank you for stopping by and commenting.

    • Hi Doug,

      Thank you for those kind words. No complaints from me about these results. Seeing double digit raises among all three accounts makes me happy. As always, I appreciate your comment.

  2. What an excellent stack of dividends! I just finished tallying my own August divs, and popped over to your blog for some inspiration. I also own PG, HCN and GIS. CLX and CL are on my wish list. I guess I don’t want anyone to be able to buy dish soap without putting money in my pocket 😛

    I hope I get to where you are someday. Just keep chuggin’ along, I guess 🙂
    Meow recently posted…Meow’s Dividend Journey – August 2017My Profile

    • Hi Meow,

      Glad to see you find my blog “inspirational.” It’s fun tracking our collective progress each month and continuing encouragement. I like your attitude about owning those staples. I feel the same way. Let others buy the products of companies you own a stake in and “put money in your pocket.” When I drive by a McDonald’s or Taco Bell I always “thank” the cars I see in the drive thru. Thank you for stopping by and commenting.

  3. Thanks for sharing your dividend income, Keith! Great month overall with $658.22 on 15.5% overall increase! Your portfolio looks great. Though August is one of my lower months right now, we share one of the same holdings with RY. Comparatively, I only earned $4.59 in August so clearly my position is small – I own 5 shares of RY. But I think it’s a great company and I plan to buy more. Thanks again for sharing! Keep it up.
    Graham @ Reverse The Crush recently posted…Dividend Income Business Update #3 — August 2017My Profile

    • Hi RTC,

      As you can imagine I was quite pleased with my August results. It was a nice change from my single digit year over year gain I had last month but that’s to be expected being a dividend growth investor. Some months are higher and some are lower. As long as your annual total comes in at your target you are golden. Happy to be a fellow RY shareholder with you. I like the Canadian banks a lot and own three so far. I might add CM and/or BMO too one day. The Canadian banks were hurting a couple years ago or so when oil started dropping and other commodities were sagging. I’ll wait to add more to my Canadian banks. Thank you for commenting.

    • Hi MDD,

      GIS has been a popular name as of late. Seems like many of us are buying or considering buying that stock. Missing a quarter of dividends shouldn’t matter much. If you plan to make GIS a long term hold I doubt you’ll be upset many years down the line with this stock. As always, I appreciate your comment.

  4. Hi DivHut,
    Another solid month… Very impressive to achieve double digit growth in all 3 accounts. I have ABBV, PG, APD, HRL and SBUX in my portfolio. I see ABBV did some heavy lifting for you this month. Not as much from SBUX since it’s new to your portfolio, but I think we can expect a dividend increase from SBUX between now and their next payout. Every bit helps and will add to your already stellar yearly total.
    Engineering Dividends recently posted…Monthly Dividend Income (August 2017)My Profile

    • Hi ED,

      Nice to see we hold quite a few solid dividend paying stocks in both our portfolios. ABBV is one of my larger positions as is AFL. In time, I will continue to diversify my holdings further as I add to my SBUX, HRL and other smaller positions as price and value allow. It’s true every bit helps and that’s how a long term dividend growth portfolio should evolve. Thank you for your continued support.

  5. Really like these reports, which shows your great and steady growth over the past months (and even years). Happy to be a fellow SBUX investor by the way.

    Interesting you mention the volatile market. We haven’t add any new stocks since 6 months, and our portfolio worth has been very stable over this past half year. Maybe because there are some of those boring stocks in there as well 😉

    • Hi Divnomics,

      No doubt these are the best posts to read and write. With every passing month we’re reminded of our hard work paying off in the form of a growing passive income stream. It’s interesting to see that your portfolio has been relatively stable for a while. I read somewhere that we are going through something called a “rolling correction.” It seems that at any point a specific sector is faltering while others are doing well. Today we see many food staples hurting. We saw many retailers going through the same. Tech was weak for a short time in the summer. In other words, it seems we have isolated corrections rather than a broad sell off. For me, I’ll just stay invested and ride out any near term weakness. As always, I appreciate your comment.

  6. That’s some very nice dividend income you got there! And the 15.5% increase from August last year is also very healthy. Is the portfolio page already updated? Because I don’t see the SBUX position listed there yet. Might initiate a small position in that company too in a few weeks.

    • Hi SD,

      I was a bit surprised to see all my accounts come in at double digit year over year increases. It was nice after a weaker July update. Still, I can’t complain about any progress that’s made whether it’s large or small. The portfolio page has been updated a couple days ago. It will show my new SBUX shares in my ROTH. Thank you for stopping by and commenting.

  7. That’s nice, Divhut! Double digit growth on all accounts! I also really want to add some GIS to my portfolio (I see it pays you nicely), but need the cash for our rental property at the moment. Hope the share price will stay around the same levels during the next few months… 🙂
    Roadrunner recently posted…1st BlogiversaryMy Profile

    • Hi Roadrunner,

      I think you will have plenty of time to buy into GIS. The whole sector is facing some serious near term headwinds and many stocks in the space should look attractive for some time. Keep doing what you need to do whether it’s for your rentals, stocks or something else. Thank you for stopping by and sharing your thoughts.

    • Hi Dan,

      Appreciate those words of encouragement. Dollar by dollar we are all building up our passive income streams and making great progress collectively. DGI just takes time. Thank you for commenting.

    • Hi B,

      Ha! Well, maybe this month the hare was toast but in general my annual passive income has grown at a slow and steady pace. The power of dividends in action. It just takes a lot of time to see real results. Thank you for continued support.

  8. Hut –

    YES, YES, YES! Some massive dividend payer’s up there, and… welcome to the Sabra (SBRA) family, haha. Your starbucks dividend, by the way, should continue to grow at a very strong clip, excited for that to grow for you.

    Great job overall and work hard to keep that growth rate up sir!

    -Lanny
    Dividend Diplomats recently posted…Goodbye Auto Loan!My Profile

    • Hi DD,

      August came in a bit stronger than I expected. As you can imagine I am quite happy with these results. I plan to keep my SBRA for the foreseeable future. While I don’t plan to buy any I don’t plan to sell either. I’m curious to see how the stock will play out longer term. It’s funny how my IRA grew with the HCP and VTR spin offs and now merger. Still waiting for some magic from QCP. What a dud of a spin off. Thank you for commenting.

    • Hi At,

      The machine is running smoothly indeed. There are always the occasional bumps along the way but as long as we can diversify our holdings and build a portfolio of sustainable payers we should all be fine long term. Thank you for stopping by and commenting.

    • Hi BHL,

      Thank you for your kind words and continued support. I love all the encouragement we give one another no matter where we are along the DGI path. Now it’s on to our big end of quarter month to look forward to. As always, I appreciate your comment.

    • Hi ADD,

      Thank you for those kind words and continued encouragement. Seeing these results just keeps me motivated to continue month in and month out. I appreciate your comment.

    • Hi DG,

      There’s a lot to like about a 15% year over year growth rate 🙂 No complaints from me. I’ll keep plugging away as I have been for many years slowly building up my passive income stream. As always, I appreciate your comment.

    • Hi DP,

      SBUX has been growing their dividend at an insane rate in recent years and while I don’t expect that rate to continue indefinitely, SBUX still represents a growth story with a lot of runway in front of it. Thank you for stopping by and sharing your thoughts.

  9. Another great month, especially with double digit gains for you! I remember you buying up a lot of CCP not too long ago. Will be interesting to see how the merger plays out. I’m still waiting for news on the T and TWX merger and debating on buying more T. Nice seeing a dividend hit for the first time on a new position. This month was a record for me as far as number of companies paying me. Helps with the new additions of O and LTC that pay monthly. Nice month. Looking forward to seeing how your quarter ends soon.
    Dividend Daze recently posted…Real Estate vs Dividends – What is better for Retirement Income?My Profile

    • Hi DD,

      I wouldn’t say I bought a lot. I did add to my CCP in a couple tranches though 🙂 I guess now I will hold my SBRA for the foreseeable future. I don’t plan to buy any SBRA nor plan to sell either. Congrats on continuing to grow your own portfolio and number of monthly payers. Keep building dollar by dollar. Thank you for comment and continued support.

    • Hi passivecanadianincome,

      August shaped up to be pretty solid overall. Happy to see we share GIS and TD. Both solid long time dividend payers and raisers. Thank you for stopping by and commenting.

    • Hi desidividend,

      Snowball effect indeed. I look forward to the day when the snowball really makes a serious impact but I know that will take some time. Always nice to see some common names paying us for the month. SBUX is my new kid on the block. I’ll continue to add to that stock if it continues to look weak. As always, I appreciate your comment.

  10. Keith,
    Double digit growth is way too good!! Keep that ball rollin’!!
    Starbucks is great, a couple of my tenants are working for Starbucks and taking advantage of their free college tuition grant. It’s a company that takes care of their employees. There was a story circulating that they hired disability people too, that was very touching.

    Here is a joke I’ve heard during my hiking trip recently:
    What’s the currency in the space?

    answer: Starbucks! LOL 🙂
    Vivianne recently posted…Passive Income August 2017 – Surpassing my Goal for 2017My Profile

    • Hi Vivianne,

      It’s known that SBUX is a company that treats their employees well and offers unique opportunities too. That’s a great story about your tenants being able to take advantage of the SBUX college tuition grant. I will continue to watch the stock and slowly build up my position over time. Let’s both keep that passive income ball rolling. Thanks for that joke!!!

  11. Great report!

    I know for the fact dividend investing works. Where people screw up is patience and decipline and start chasing high yields or ignore valuations.

    • Hi MATM,

      You said it. I think we are all guilty of losing patience and/or discipline at some point in our DGI journey. After all, this is a marathon with a lot of time for us to “screw things up.” The key is to quickly right the ship when we forget the tenets of dividend growth investing. Thank you for stopping by and commenting.

  12. Actually, I do not directly own any of these companies. It is to be expected as our investing strategies differ. I do love to stop by my favorite DGI sites and read about their growing dividends.

    Double digit growth in all accounts too, that is some great growth! Man, reading this type of stuff really makes me want to go full force into DGI, but I have to stick to my balanced growth/dividend portfolio.

    Can’t wait to see what September brings for you, DH!
    MrDoublingDollars recently posted…Side-Hustle Income Report For August 2017My Profile

    • Hi MDD,

      Any which way you like to invest is all good. Individual stocks, funds, real estate, precious metals, Bitcoin, whatever 🙂 I appreciate you checking in to see my results. It’s always fun to see how others are doing in building up their wealth and passive income streams. Do what you feel comfortable with but you have to admit, seeing these real world dividend income results can become addicting. Thank you for sharing your thoughts.

    • Hi IH,

      August came in at a pretty strong clip. Believe me, I was very happy with these results, especially after coming off a relatively slow July. Market uncertainty, volatility and world events usually don’t stop the flow of dividends. One of the benefits of this investing method. Thank you for commenting.

    • Hi MSLM,

      As you can imagine I was quite pleased with my August results. They came in better than I expected. Would be nice to see more names in common paying us for the month but I understand your Canadian focus. At least I hold TD, BNS and RY (which I’m quite happy with). Thank you for stopping by and commenting.

  13. Congrats on another great month. September will be the highest so far in the year for me. Yoy growth will be decent around 17% if my predictions are correct.

    • Hi EL,

      Keep up the good work on your end. We are all looking forward to September as it’s usually a high paying month for us all. No complaints about August though 🙂 As always, I appreciate your comment.

    • Hi GYM,

      I really like my Canadian banks. It’s been a while since I added to my positions but I would gladly do so again when prices falter as they inevitably do every few years. For now, TD, BNS and RY are in my ROTH and I have an eye on CM and BMO as well. Thank you for stopping by and commenting.

    • Hi TI,

      Always appreciate the continued support and encouraging words. No doubt, there are loads and loads of high quality dividend paying stocks out there as evidenced by our varying portfolio holdings. Keep up the good work on your end!

    • Hi DIS,

      Thank you for your support and encouragement. As you can imagine, I was quite pleased with my year over year results. Looking forward to sharing my September totals soon.

    • Hi timeinthemarket,

      Always appreciate your comment and continued encouragement. August was a very nice showing and, as you can imagine, I’m very much looking forward to my September totals. Thank you for stopping by and commenting.

  14. Passive income is growing at a nice clip, DH. I see that you make regular purchases and along with increasing frequency of articles: every time I come back, see a new article 🙂 Keep up the nice work.

    • Hi R2R,

      Thank you for those kind words. You know me, consistency with investing is my mantra. Every month I will post at least one buy. That’s the only way to continually build up that passive income stream with regularity. As always, I appreciate your comment.

    • Hi MJtM,

      Thank you for those kind words. I’ll be posting my September results soon. I’ll keep buying every month as I always have slowly building up that passive income stream. Thank you for commenting.

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