August 2016 Dividends

I'm a bit late on this report, but better late than never. August was a good month, so I'm happy to report on my results.

Taxable Accounts:
Abbott Labs (ABT) - $9.10
Amerigas (APU) - $24.00
Apple (AAPL) - $3.99
AT&T (T) - $13.12
Prospect Capital (PSEC) - $18.97
Verizon (VZ) - $1.13

 Taxable Account Total: $70.31

Roth IRA Account:
Abbott Labs (ABT) - $6.50
TD Bank (TD) - $9.26

 Roth IRA Total: $15.76

Overall Total Dividend Income for August 2016: $86.07

 Forward 12-month Projected Dividend Income: $1,193.07


My Thoughts:
This was a nice bounce-back month for me, as July was the low month of the last quarter. Buying shares of ABT while below $40/share definitely paid off, and it is a joy to see the dividends growing. It was also good to see a TD Bank dividend shortly after starting a position (just before the Ex-Dividend date).

For some perspective, let's take a look at my dividend history:

Month201420152016
January$14.38$14.42
February$49.07$50.38
March$50.22$52.16
April$10.83$27.91
May$46.52$59.42
June$6.69$47.51$90.97
July0$18.99$51.37
August$33.96$50.11$86.07
September$54.75$55.61
October$10.94$14.42
November$48.79$50.11
December$63.55$49.89

Since starting out, my August Dividend Income has gone from $33.96 (2014) to $50.11 (2015) to $86.07 (2016). This represents a Y/Y increase of 71.8% from August 2015 to August 2016. Not too shabby. It's always good to check progress, and see that you are making progress!

Comparing to the previous quarter (May 2016), my dividend income increased from $59.42 to $86.07, which is a 44.9% increase. I definitely like that. More progress!

August was a nice month for dividend income, but I am really looking forward to September, as the March, June, September, December months are my high dividend months for the year. Early projections have me actually exceeding $100 for the first time, and I am excited!

Onward and upward as I continue to make progress in growing my dividend income on the road to financial independence. Part of me wishes that it could come quicker, but I realize that this will take time, and so I'm happy for now plugging away at it each month, and viewing my progress, enjoying the journey.

Thanks for reading, how did you do last month? Feel free to mention below in the comments.

Comments

  1. DividendsandhobbiesSeptember 20, 2016 at 11:54 AM

    Moving in the right direction it looks like keep it up.

    ReplyDelete
    Replies
    1. Seeking the DividendsOctober 13, 2016 at 9:41 PM

      Thanks Dividendsandhobbies! Definitely in the right direction, and continuing that momentum!

      Delete
  2. DivHutSeptember 23, 2016 at 3:59 PM

    Thanks for sharing your recent dividend income with us. I used to own APU a while back. Was a good stock to hold. Nice to see a few names in common too.

    ReplyDelete
    Replies
    1. Seeking the DividendsOctober 13, 2016 at 9:42 PM

      Thanks Keith, my pleasure. APU is just a hold for me now as I am preferring shares in other stocks, but happy to collect the payment in the meantime.

      Delete
  3. pluggingandplayingOctober 1, 2016 at 8:10 AM

    Very nicely done! Keep at it and you will see it compounding right before your eyes. It is magic. Cheers !

    -Brian

    ReplyDelete
    Replies
    1. Seeking the DividendsOctober 13, 2016 at 9:45 PM

      Thanks Brian! I am seeing the beginnings of it, and I like what I see!

      Delete
  4. Time in the MarketOctober 3, 2016 at 6:44 AM

    That's a solid month buddy - looking forward to see what September brings for you!

    ReplyDelete
    Replies
    1. Seeking the DividendsOctober 13, 2016 at 9:46 PM

      Thanks timeinthemarket! September was my best month to date, and I was excited to receive the dividends as well as report on them. Look out for the Sept 2016 Dividends post.

      Delete

Post a Comment

Popular posts from this blog

April 2017 Dividends

Image
Hello everyone, So all my April 2017 dividends are in, and there actually a couple days left in April, so I figured it would be good to get a jump on my dividend report. Taxable Accounts Walmart (WMT) - $1.53 Cardinal Health (CAH) - $7.18 Prospect Capital (PSEC) - $20.20 Cisco Systems (CSCO) - $11.02 New Residential (NRZ) - $18.72 Taxable Account Total: $58.65 Roth IRA Account Cardinal Health (CAH) - $5.91 Roth IRA Account Total: $5.91 Overall Dividend Income for April 2017: $64.56 Forward 12-month Projected Dividend Income: $1,732.35 My April Buys: Cardinal Health (CAH) - 6 shares CVS Health (CVS) - 6 shares Lazard Ltd (LAZ) - 2 shares Qualcomm (QCOM) - 3 shares VF Corporation (VFC) - 9 shares Williams-Sonoma (WSM) - 6 shares W.W. Grainger (GWW) - 1 share For April I decided to take advantage of some pullbacks to either start or add to some positions. I also received my yearly bonus at the end of March, so I put that money to work in April to give that
Read more

March 2017 Dividends

Image
Another month gone, and here we are in April. A great time to summarize my dividend income for March 2017. I've made a conscious effort, to not procrastinate with these updates, as I had a stretch where I was not publishing these until the next month was half over! Not a good look. To keep this top of mind, I decided to get on the ball once the month to be summarized ends. So here we are. As you follow along, you'll see as I did, that this turned to be a pretty good month! Let's get to the summary: Taxable Accounts Intel (INTC) - $2.86 Cummins (CMI) - $8.20 Target (TGT) - $28.80 Emerson (EMR) - $4.80 Compass Minerals (CMP) - $7.20 Flower Foods (FLO) - $18.88 Prospect Capital (PSEC) - $20.05 Qualcomm (QCOM) - $27.98 VF Corp. (VFC) - $7.98 Vanguard High Dividend Yield  ETF (VYM) - $7.37 Vanguard REIT Index Fund (VNQ) - $3.68 Taxable Account Total - $137.80 Roth IRA Account Vanguard High Dividend Yield ETF (VYM) - $20.34 Vanguard Growth ETF (VUG) - $1
Read more

Regret and Hope

My feelings while engaging in investing, seem to exist on the spectrum between these two extremes: Regret I've only been investing outside of my 401(k) for a couple years. Once I started (a year before turning 40), and began understanding what I was doing, my initial feelings, beyond the initial excitement of "getting in the game", were feelings of regret. I was virtually kicking myself multiple times for starting this so late. First off, by this time I could have had a much bigger portfolio, paying much higher in dividends by now, if I had started upon employment after college. I might even be close to that early retirement number by now. Second, I think of all the money up to this point that was spent on nonsense that is either gone down the drain, or tied up in things that are sitting in my place of residence that I no longer use (my girlfriend and I will be soon starting a de-cluttering activity for my place to rid myself of such items). Now, I understand
Read more