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

40 thoughts on “Dividend Income Update August 2018

    • Hi Doug,

      Higher and higher is the name of the DGI game. Just keep investing through thick and thin, ignore the financial headline noise and enjoy those compounding gains. It’s the DGI way 🙂

  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.

    • Hi DD,

      Why not utilize all account types? I love my taxable account as it gives me the flexibility to use my dividends before retirement but being able to compound every year without tax consequences is a nice thing too. Buy and forget, repeat. That’s my investing method.

  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

    • Hi DD,

      Nice to see we share quite a few names for the month of August. As you know, DGI is a long term investing strategy. I have been doing this for ten years, slowly buying and adding to my portfolio to get these results posted here. Compounding is a thing of beauty when it works in your favor.

    • Hi desidividend,

      Nice to see we share some names between our portfolios. I sure would like to bulk up my SBUX though. Missed a great chance under $50 earlier this summer. Oh well. I still have my eye on it. Thanks for commenting.

    • Hi MDD,

      Who would ever complain generating that much monthly income passively? These are the real results of DGI. Still not sure why many out there poo poo this investing strategy.

    • Hi EL,

      Well said. I think DGI is a lost investment strategy because it is not sexy at all. It’s a very slow and methodical approach that does not work for many in the era of instant gratification and results. But, as you stated, for those who do climb aboard the DGI train the “hidden treasure” can be the future passive income generated for a potential lifetime. That’s all I needed to know to climb aboard.

    • Hi BHL,

      I guess after ten years of slow investing the compounding magic is starting to show itself. I’ll take it. I’m in this for the long haul and will enjoy any year over year increase I get.

  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.

    • Hi Kody,

      I couldn’t agree more with your comment. Dividends are real cash being returned to shareholders during good times and bad. Stay invested and enjoy those rewards for the long haul. DGI is a marathon investing strategy that could benefit young and old alike.

    • Hi DD,

      Always appreciate the comment and continued support. Looks like September was a D buy for me. The utilities still look enticing going into October. I’ll be posting my “considerations” for next month soon.

    • Hi MM,

      I have been doing this for about ten years now and as you can tell I did not rush to get these results. Consistent monthly buying, tuning out all the financial headline noise (it’s really pointless and is just for entertainment purposes), reinvesting my dividends and taking it day by day has brought me to this point. Slow and steady is the name of the DGI game.

    • Hi MR,

      Thank you for those kind words. I’ll keep doing more of the same which is making monthly buys, reinvesting and enjoying those raises when they come. This is a marathon investing strategy. Just keep building share by share.

  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

    • Hi ED,

      While that ABBV dividend is nice it’s also a reminder to me to balance my dividend income as well. It’s important to not be too reliant on any single name for the majority of your dividend income. The health REITs all came back quite nicely from their 2018 lows though still look attractive today. Can’t beat yourself up over missed opportunities. Just know there will always be another one in the future.

  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

    • Hi DD,

      We all know the benefits of being a dividend income investor. Earning money passively is a thing of beauty. Of course, this marathon is far from over and for the rest of 2018 it will be more of the same. Monthly buys, reinvesting and enjoying those raises when they come.

    • Hi DP,

      I receive my inspiration from our fellow DGI members and am happy to be able to do the same. Let’s keep pushing one another along this marathon journey. It’s all about building that passive income share by individual share. Some things can’t be rushed.

    • Hi DI,

      I hope to one day never have a “quiet” month but I’ll take what I get in the meantime. I plan on more of the same going forward which is continuing to make my monthly buys and stacking those dividends.

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