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
| Date | Symbol | Description | Amount |
|---|---|---|---|
| 08/01/2019 | T | A T & T INC | $33.66 |
| 08/01/2019 | GIS | GENERAL MILLS INC | $118.58 |
| 08/12/2019 | APD | AIR PROD & CHEMICALS | $47.56 |
| 08/15/2019 | ABT | ABBOTT LABORATORIES | $25.28 |
| 08/15/2019 | ABBV | ABBVIE INC | $217.21 |
| 08/15/2019 | CL | COLGATE-PALMOLIVE CO | $7.74 |
| 08/15/2019 | HRL | HORMEL FOODS CORP | $18.06 |
| 08/15/2019 | PG | PROCTER & GAMBLE | $20.89 |
| 08/16/2019 | CLX | CLOROX CO | $18.02 |
| 08/20/2019 | CAT | CATERPILLAR INC | $77.25 |
| 08/23/2019 | WAB | WABTEC | $0.36 |
| 08/27/2019 | VSM | VERSUM MATERIALS INC | $1.60 |
| 08/30/2019 | SBRA | SABRA HLTH CARE REIT | $82.35 |
| 08/30/2019 | LTC | LTC PROPERTIES, INC. REIT | $34.01 |
| Total: $702.57 |
ROTH Account
Year to date dividends: $1,735.52
| Date | Symbol | Description | Amount |
|---|---|---|---|
| 08/01/2019 | GIS | GENERAL MILLS INC | $27.93 |
| 08/15/2019 | ABBV | ABBVIE INC | $65.27 |
| 08/15/2019 | HRL | HORMEL FOODS CORP | $1.89 |
| 08/15/2019 | PG | PROCTER & GAMBLE | $8.20 |
| 08/20/2019 | CAT | CATERPILLAR INC | $66.95 |
| 08/23/2019 | RY | ROYAL BANK OF CANADA F | $68.10 |
| 08/23/2019 | SBUX | STARBUCKS CORP | $2.52 |
| Total: $240.86 |
IRA Account
Year to date dividends: $765.06
| Date | Symbol | Description | Amount |
|---|---|---|---|
| 08/20/2019 | HCP | HCP INC REIT REIT | $64.75 |
| 08/22/2019 | WELL | WELLTOWER INC REIT | $68.60 |
| 08/30/2019 | SBRA | SABRA HLTH CARE REIT | $45.59 |
| 08/30/2019 | LTC | LTC 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
Love the 4-digit month DH! Congrats! Great job with the 40% YOY growth. That is very impressive! Keep up the amazing work! 🙂
My Dividend Dynasty recently posted…August 2019 Dividend Income
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!
Keith,
What else is there to say, except, unbelievable. It has been awesome watching you continue to push your dividend income to new heights. This is an off month, and you received over $1,100. Congratulations!! What is also impressive is that your portfolio is lined with some pretty darn good dividend paying stocks as well.
Bert
Dividend Diplomats recently posted…Bert’s September Dividend Stock Watch List
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 🙂
I like that 83% growth in the taxable account…that’s the one getting you to early retirement.
Congrats on a great month.
Passive Cash recently posted…Stock Purchases – August 2019
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.
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)
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.
wow Keith
absolutely awesome such a high yr over yr gain for that kind numbers! Love the monster payouts from cat and abbvie
keep it up
cheers
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.
Keith,
Nice month, you really crushed it in your taxable. Was it just a perfect storm of growth + new shares?
– Gremlin
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 🙂
Wow nice job your dividend keeps growing and growing and some nice YOY. we are up to 4 total companies we share it looks like but my math could be off LOL.
Doug recently posted…August 2019 Dividend Review
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.
Great job! That’s money!…literally… 83% growth is off the charts.
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.
Congratulations Keith, you had a great month!
Getting over $1 100 a month is like a dream that is far away in the stars for me 🙂
We share ABBV and SBUX, both great companies.
Good luck.
Druss recently posted…August 2019 portfolio report
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.
WOW! What a month that is. If you keep seeing growth like this then you’ll be absolutely killing it next year.
Buy, Hold Long recently posted…August 2019 Net Worth (+1.00%)
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.
wow, nice increase in taxable account! congrats on moving into four digits passive income!
Happy Healthy and Wealthy Girl recently posted…August 2019 Dividends and Passive Income Progress. Reached my $1K goal!
Hi HHaWG,
Always appreciate the comment and support. It’s nice seeing four digits more frequently these days. Been a long time in the making.
Really knocked it out of the park this month with an 83% increase in the taxable account! That ABBV payment covers a lot of expenses right there – keep up the good work.
-Divcome
Divcome recently posted…August 2019 Dividend Income
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.
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 Event
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.
What a month DivHut! Congrats on beating the $1k mark by a big margin!
We are sharing dividends from PG, T & SBUX this month 🙂
BI
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.