Well I’m a little late to the party but I’m finally ready to report my August 2016 dividend income. I haven’t made too many big purchases lately but my income is still steadily rising through DRIPs and dividend increases.
Here are some of my key dividend stats:
In August I received a total of $211.07 in my two portfolios: $88.92 in my Empire portfolio and 122.15 in my Retirement portfolio. For my Empire portfolio, this is a 36% increase over the previous quarter and a 47% year over year increase. For my Retirement portfolio this represents a 1.4% quarterly increase and a 17% year over year increase.
Here is a breakdown of the companies that paid me in July:
Altria (MO) gave me a nice 8% raise last month which increased my forward annual income by $10.44.
Progress Against Goals:
Finally, my dividend goals for 2016 are to receive at least $1000 worth of dividends in my Empire portfolio and $3000 in my Retirement portfolio. Here is my progress through August:
Not too bad! If I can manage a couple of purchases in the Empire portfolio I might just make it.
Most of my transactions were either DRIPs or automatic monthly Loyal3 buys which added small amounts to my SBUX, AXP, MCD, T, AAPL, ABBV and UPS positions.
Other than that I managed to pick up a fraction of a share in Hormel (HRL) through my Option Income portfolio activities. I was assigned 100 shares of HRL through a put sale a couple of months back. While waiting for these shares to be called away I was paid a dividend that I reinvested in my Empire portfolio.
My one large purchase was in my Retirement portfolio where I purchased 50 shares of Verizon (VZ). The shares looked really cheap after the dip and the dividend is very attractive. This purchase adds $113 of annual income.
Thanks for reading! Be sure to check out my Historical Data page where I have organized all of my monthly incomes, updates and screens (with links).
Disclosure: Long all stocks mentioned in this article.