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

28 thoughts on “Dividend Income Update August 2019

    • Hi MDD,

      Thank you for your comment and continued support. It’s always inspiring to see others in the DGI space achieve ever growing passive income streams too. Keep up the good work on your end!

    • Hi DD,

      Eventually there will be no such thing as an “off” month if we keep investing and collecting those dividends. Growth will beget growth. Believe me, it’s inspiring watching the diplomats grow as well 🙂

    • Hi PC,

      You said it. I am definitely focusing more on my taxable account rather than retirement these days. I just want access to my cash when I need it and not have to wait for an official retirement age to collect.

  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

    • Hi JC,

      Looking back does anything really matter? Trade war, terror, Syria, North Korea, QE, repo market, crypto, gold/silver. Just tune out the noise and invest in all asset classes. Paper, real estate, precious metals, etc. Happy to be a CL and CLX shareholder with you. I would love to bump those names a bit in my portfolio but not anywhere near current levels.

    • Hi Passivecanadianincome,

      Always appreciate your comment and continued support. It is cool to see how some of my core holdings are really pumping out some nice cash each month though long term I do want to balance my passive income streams so as to not rely too heavily on just a handful of stocks.

    • Hi DG,

      I’m trying to focus a lot more on my taxable than retirement accounts. Seems like I’d like to be able to access my cash if required without any penalties. This month has been brought to you by, growth, new cash and reinvestment 🙂

    • Hi Doug,

      As long as we can continually show our passive income increasing we know we are doing the right thing. Some months we have real double digit growth and others we do not but it’s all forward progress. Happy to be a part of this community.

    • Hi Chicken,

      Always appreciate the comment and support. No complaints from me about my recent performance. Day by day, month by month… keep stacking those dividends.

    • Hi Druss,

      A dream that can become a reality. Just keep buying and holding those quality dividend stocks, reinvest and don’t get shaken out of the market if it declines 10%, 30% or 50%+. No one knows the future. All you can do is take steps to make sure you can be prepared for any inevitability.

    • Hi BHL,

      Thanks for your support. I have been doing DGI for over a decade and finally it seems like momentum is gathering in my portfolio. Dividends don’t lie, right? It’s real cash and we can see it hitting our accounts every month.

    • Hi Divcome,

      I know I’ll need to find some balance to my passive income going forward. Years down the line I do not want to rely too much on any one stock for my passive income stream. Thanks for commenting.

  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

    • Hi GRB,

      No doubt ABBV has been beaten down since that AGN announcement. Seems like some in the DGI space have been buying on weakness. For me, I might lay off ABBV a bit as it’s already a pretty large holding. I have not seen the transcript from the Morgan Stanley Healthcare Conference but I can imagine that ABBV has a bright future ahead. Thanks for commenting.

    • Hi BI,

      Always happy to see portfolios share similar stocks. I do want to boost my SBUX holdings though. Waiting for a better entry level. Thanks for commenting.

Leave a Comment

CommentLuv badge

This site uses Akismet to reduce spam. Learn how your comment data is processed.