Dividend Income Update August 2018

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 would continue to grow. With that being said, let’s take a look back at my August 2018 dividend income.

 

Dividend income from my taxable account totaled $383.68 up from $320.16 an increase of 19.8% from August of last year.

 

Dividend income from my ROTH account totaled $252.05 up from $215.43 an increase of 17.0% from this time last year.

 

Dividend income from my IRA account totaled $170.45 up from $122.63 from this time last year, an increase of 39.0%.

 

Grand total for the month of August: $806.18 an increase of 22.5% from August 2017.

 

Brokerage Account

Year to date dividends: $3,524.63

DateDescriptionSymbolAmount
08/01/2018DIVIDEND:GISGIS$55.84
08/13/2018DIVIDEND:APDAPD$45.13
08/15/2018DIVIDEND:HRLHRL$16.29
08/15/2018DIVIDEND:CLCL$7.57
08/15/2018DIVIDEND:ABTABT$22.31
08/15/2018DIVIDEND:ABBVABBV$131.49
08/15/2018DIVIDEND:ADNTADNT$1.85
08/15/2018DIVIDEND:PGPG$20.22
08/17/2018DIVIDEND:CLXCLX$16.54
08/20/2018DIVIDEND:CATCAT$65.24
08/28/2018DIVIDEND:VSMVSM$1.20
Total: $383.68

ROTH Account

Year to date dividends: $1,478.62

DateDescriptionSymbolAmount
08/01/2018DIVIDEND:GISGIS$27.80
08/01/2018DIVIDEND:TDTD$91.48
08/15/2018DIVIDEND:HRLHRL$1.71
08/15/2018DIVIDEND:PGPG$8.25
08/20/2018DIVIDEND:CATCAT$56.52
08/24/2018DIVIDEND:SBUXSBUX$2.53
08/27/2018DIVIDEND:RYRY$63.76
Total: $252.05

IRA Account

Year to date dividends: $685.06

DateDescriptionSymbolAmount
08/21/2018DIVIDEND:WELLWELL$66.99
08/21/2018DIVIDEND:HCPHCP$61.90
08/31/2018DIVIDEND:SBRASBRA$35.86
08/31/2018DIVIDEND:LTCLTC$5.70
Total: $170.45

 

I have to say I’m quite pleased with my August totals. Who would complain about an 22.5% year over year increase? The proof of our dividend investing strategy rests in these real results. After all, dividends don’t lie. It’s real cash being returned to investors. With patience and consistency these results and better can be achieved. Just remember, sometimes investing with blinders on can be beneficial as it blocks out the constant noise we are bombarded with on a daily basis and keeps you focused on the job at hand which is to keep investing, not falling for market timing traps, diversifying, not getting shaken out of the market when it tumbles and just creating a solid, ever growing 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

20 thoughts on “Dividend Income Update August 2018

  1. Nice month. That is a big position with ABBV. Been building up them myself all year on the dips. Looks like a lot of the growth is coming from those tax advantage accounts. That is smart to build them up and take advantage of the benefits.

  2. Looks like we have 7 holdings in common across all of your accounts, so seeing this growth is encouraging! It is great seeing the number of companies paying you $50+ as well. Your note about seeing the numbers increase even if you don’t add capital or have any divvy raises is what is so great about this approach.
    DivvyDad recently posted…Dividend Income Report :: August 2018My Profile

  3. Solid month with a very diversified source of dividends! We share GIS and ABBV. 22.5% YOY growth with your capital base is very impressive. These income reports are so fun because it just reinforces how powerful dividends are, not to mention how reassuring they will be whenever the market crashes.

  4. Excellent results in all your accounts, DivHut. That ABBV dividend is tremendous at over 34% of your taxable account total…Wow!
    Each time in the last couple of quarters, when I see WELL in your IRA account, I’m reminded of my missed opportunity to scoop some up when it dipped below $50 back in April. It’s made a nice recovery since then.
    Engineering Dividends recently posted…Monthly Dividend Income (Aug. 2018)My Profile

  5. Hut –

    Good Lord, those dividends are compounding like crazy. $800 in August is jaw dropping. You have quite a few names that I’ve wanted for some time. You know what’s cool about this? Is that you are bringing in $800+ with just doing the hard work of saving, but these companies are working hard for you. Can’t wait for your September.

    -Lanny

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