Another month down in the dividend income books. Monthly I will evaluate and show the results of which companies paid dividends, progress towards the year and comparison to the past. This is a great way to track my dividends to see if I’m on pace for financial freedom. Now onto my August dividend income results!
August: I received a total of $180.47 of dividends broken out by the following:
Not too shabby. I did receive a few big guns with AT&T (T), which is nice to fully grab more than a share at one reinvestment – something about that always feels good! It was nice seeing my health care real estate investment trusts (REITs) that I purchased back in late May, produce some dividends to the tune of $27.25 when combined.
Prior year = $42.54 in dividend income. At $180.46, this produces a 324% growth in the month of August from last year! Read that line again, 324%! That is amazing and obviously is difficult/will be difficult to keep up, because of how easy it was from a low $42 income month last year. It’s just crazy/wild to see how fast this income stream is rolling and hitting on all cylinders. August is typically a very slow/quiet month for dividend producers/payers, so it’s nice seeing my total almost hit the $200 mark. There’s always next year, right?
Positives this Month: Scott’s Miracle Gro (SMG) announced a dividend increase + special dividend, as I discussed earlier this month with their $2.00 special dividend! Further, Diageo (DEO) increased their dividend for their last half on their semi-annual payment from $1.8938 last 2nd half to $2.1580 or a 14% increase, luckily we scooped some up at the time of announcement.
Year to date – $2,069.45 in dividends received, which is an average of $258.68 per month – with the big September month looming! I think something BIG may happen in September, just as I was surprised on my monthly dividend income from June 2014. Also – our following and blog has been taking off as of late, we are approaching close to 10,000 views per month and I know it is the community I need to thank for the constant attraction and keeping up to date with us diplomats. We have many more moves to come on our heavy die hard pursuit to financial freedom. The end of the month is near, so I am looking forward to see how I did with saving 60% for the month, as well as my upcoming investment report. Bert had a phenomenal month end, with him bumping his goal another $250 for $2,000 in projected income as he talked about a few days ago. That little man is killing it! How is everyone else doing? Ready to continue the big push into September? I know you can do it, let’s keep going at this, together! Talk soon.
-Lanny