My dividend income for August comes to $170.13 which is almost as much as the $171.61 that I made in April which was my largest dividend total ever. This was quite an improvement over last quarter where I earned $142.53 and more than double what I made last August. I made one purchase this month and also enjoyed two dividend increases.
Dividend Increases
Clorox (CLX) - From .64 to .71 per share quarterly
General Mills (GIS) - From .33 to .38 per share quarterly
August Purchases
Chevron (CVX) - 10 shares @ $121.47
Some of my most recent stock purchases have been stocks that pay dividends in the month of September so it will be interesting to see how things go next month.
| COMPANY | DESCRIPTION | SYMBOL | AMOUNT |
|---|---|---|---|
| REALITY INCOME | ORDINARY DIVIDEND (O) | O | 18.15 |
| PROCTOR & GAMBLE | QUALIFIED DIVIDEND (PG) | PG | 20.45 |
| PEOPLES UNITED FINANCIAL | QUALIFIED DIVIDEND (PBCT) | PBCT | 36.24 |
| CLOROX | QUALIFIED DIVIDEND (CLX) | CLX | 13.49 |
| WGL HOLDINGS | QUALIFIED DIVIDEND (WGL) | WGL | 16.8 |
| GENERAL MILLS | QUALIFIED DIVIDEND (GIS) | GIS | 20.9 |
| AT&T | QUALIFIED DIVIDEND (T) | T | 44.1 |
August Dividend Total - $170.13
Great month Captain! Another month that beats my dividend totals. I own 3 of those high quality companies that paid out for you except I did not include GIS in my August dividend totals I have some shares in my ROTH IRA and actually have some Realty Income in both accounts.
ReplyDeleteThanks for the update and I look forward to seeing your progress in September
Hey SWAN, thanks for stopping by. It's always nice to see those dividend totals grow each month or quarter. You had a nice month as well and are far more diversified than I am. I'll get there though. :-o
DeleteGreat month, well done. I have to admit I don't know much at all about Peoples United Financial. Have you every done an analysis or description on it? At first glance the metrics look good, albeit the P/E is on the cusp of being out of my investment range.
ReplyDeleteI bought PBCT a long time ago when I first started buying dividend stocks. I admit I find it a bit uncomfortable holding a bank stock. Just looking at the balance sheet of most banks you'll notice all of the government debt they have but that's how they operate. It does churn my stomach looking at that though.
DeleteI don't think you'll ever find me doing any type of analysis on the stocks I'm interested in, at least not any time soon. I'm really not cut out for that, I'll leave that to the experts.
I agree, banking stocks can get a bit iffy. I own Wells Fargo and JPMorgan...those are really the only two I'm currently comfortable with. I don't mean a deep technical analysis, but rather why you bought, just as you do for your more recent purchases.
DeleteOhh I see what you meant. Well I was probably chasing yield with that one. Along with that it does have a long stretch of dividend growth although it has been fairly anemic in the past 5 years as the payout ratio increases. If I had to do it all over I'd put my money elsewhere honestly but I do plan to hold it for now.
DeleteGood job, Captain! It's definitely nice to see big year-over-year increases in dividends. Keep it up!
ReplyDeleteFor sure, seeing the growth is a strong motivation for me. Knowing that what I'm doing is working and that growth will begin to compound as those dividends get reinvested in future purchases.
DeleteThat's an impressive gain over just one quarter, ≈20%. You are doing great!
ReplyDeleteThat would be great if I could keep that up forever. Now that would be impressive indeed. :-o
DeleteNice to see you gaining dividends and income!
ReplyDeleteHope to be there someday too, but any money a month is better than no money coming in.
Happy to have gone from $0.25 a day to $0.50. :)
When I look at the monthly amount on a per day basis from a set constant 31 day financial month.
You got that right DG! That total more than covers my cable/internet and phone for the month. Soon I'll be able to cover my mortgage or my groceries too. Just a matter of time and persistence.
DeleteCaptain,
ReplyDeleteGreat job! The dividends are going up and up! That's a very solid total for the month right there. That pays for a couple of bills indefinitely! Keep up the great work.
Best wishes!
Hey DM, you got it right on the nose. Gotta love seeing those dividends grow each and every month. It shows that a little saving combined with dividend investing really works.
ReplyDeleteP.S. - Great job on the4 new podcast, I really enjoyed them so far and Yes I do listen to them while I'm at my day job. :-o