Dividend Income Update August 2019

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 2019 dividend income.

Dividend income from my taxable account totaled $702.57 up from $383.68 an increase of 83.1% from August of last year.

Dividend income from my ROTH account totaled $240.86 down from $252.05 a decrease of -4.4% from this time last year. No biggie here as my TD dividend came in towards the end of July rather than August compared to last year.

Dividend income from my IRA account totaled $184.66 up from $170.45 from this time last year, an increase of 8.3%.

Grand total for the month of August: $1,128.09 an increase of 39.9% from August 2018.

Brokerage Account

Year to date dividends: $5,097.12

DateSymbolDescriptionAmount
08/01/2019TA T & T INC$33.66
08/01/2019GISGENERAL MILLS INC$118.58
08/12/2019APDAIR PROD & CHEMICALS$47.56
08/15/2019ABTABBOTT LABORATORIES$25.28
08/15/2019ABBVABBVIE INC$217.21
08/15/2019CLCOLGATE-PALMOLIVE CO$7.74
08/15/2019HRLHORMEL FOODS CORP$18.06
08/15/2019PGPROCTER & GAMBLE$20.89
08/16/2019CLXCLOROX CO$18.02
08/20/2019CATCATERPILLAR INC$77.25
08/23/2019WABWABTEC$0.36
08/27/2019VSMVERSUM MATERIALS INC$1.60
08/30/2019SBRASABRA HLTH CARE REIT$82.35
08/30/2019LTCLTC PROPERTIES, INC. REIT$34.01
Total: $702.57

ROTH Account

Year to date dividends: $1,735.52

DateSymbolDescriptionAmount
08/01/2019GISGENERAL MILLS INC$27.93
08/15/2019ABBVABBVIE INC$65.27
08/15/2019HRLHORMEL FOODS CORP$1.89
08/15/2019PGPROCTER & GAMBLE$8.20
08/20/2019CATCATERPILLAR INC$66.95
08/23/2019RYROYAL BANK OF CANADA F$68.10
08/23/2019SBUXSTARBUCKS CORP$2.52
Total: $240.86

IRA Account

Year to date dividends: $765.06

DateSymbolDescriptionAmount
08/20/2019HCPHCP INC REIT REIT$64.75
08/22/2019WELLWELLTOWER INC REIT$68.60
08/30/2019SBRASABRA HLTH CARE REIT$45.59
08/30/2019LTCLTC PROPERTIES, INC. REIT$5.72
Total: $184.66

I have to say I’m quite pleased with my August totals. Who would complain about a 39.9% year over year increase and hitting that coveted four digit milestone? The proof of our dividend investing strategy rests in these real results even with big stinkers like GE and KHC in the mix. This is why we diversify! 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

14 thoughts on “Dividend Income Update August 2019

  1. Fan-freaking-tastic! Over $1,100 and huge year over year growth. I assume ABBV provided a lot of the boost for your taxable account. We’ve got quite a few companies in common but I do see both CL and CLX which I want to eventually add to my portfolio. Keep up the great work and keep tuning out the noise. Is the trade war coming to an end this week or is it ramping back up? I can’t remember.
    JC recently posted…Dividend Increase | L3Harris Technologies (LHX)My Profile

  2. Hey Keith,

    Great totals. It was tough to read the article when needing to look over that mountain of cash you’re raking in from ABBV. That’s a position I’ve been paying a lot of attention to recently with the AGN acquisition pulling the share price down.

    If you haven’t already, check out the transcript from the Morgan Stanley Healthcare Conference. The CFO reiterated ABBV’s position to continue rewarding shareholders through increasing dividends. Good news for both of us.

    Take care,
    Ryan
    Get Rich Brothers recently posted…Pilgrimage to Omaha: Berkshire Hathaway Shareholder EventMy Profile

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