August 2015 Dividend Income

Hundred dollar bills in dividend incomeAnother month is officially behind us and boy does it seem that the time is just flying by. With all the volatility that has been going on in the market right now, I am so glad to be holding dividend paying stocks over non-paying ones. It just makes total sense to me, I do not want to be holding non-productive assets at all. A true asset should be providing real cash flow of some sort on timely basis, especially the kind that can be sustained in a long time frame. Dividend Growth Investing is a much more of a long term type of approach here. Therefore, I actually don’t have to worry about the companies stock price whatsoever. It is a fools game, plus that would be extremely time consuming. We all know that stocks sometimes goes up and sometimes they go down, though the income that the dividend paying stocks continuously generate does not get affected one bit. I like that a lot. 🙂

“Our Favorite Holding Period Is Forever” by Warren Buffett

I enjoy publishing these monthly dividend income reports as I have gained a much better understanding in how much of my passive income is coming in every month and how much it is growing over time. For the month of August, I have received a total of 8 diversified direct deposits in the form of dividends to my brokerage account. It is a much better month than the last one which is going to help tremendously towards future acquisitions. We just keep on building baby!

  • AT&T, Inc. (T) – $48.85
  • General Mills, Inc. (GIS) – $19.88
  • Verizon Communications, Inc. (VZ) – $23.10
  • Apple, Inc. (AAPL) – $14.60
  • Kinder Morgan, Inc. (KMI) – $56.00
  • Procter & Gamble Co. (PG) – $25.92
  • Realty Income Corp. (O) – $9.01
  • Costco Wholesale Corp. (COST) – $5.20

Total – $202.56

When statistically comparing last years dividend income total in August 2014 to August 2015, it represents a negative 7.6% for a year over year decreased growth. The growth difference from last quarter is positive .6% quarter over quarter increased growth.

Goal: With 8 months behind, I am 57.3% of my goal complete.

The dividend income page is updated accordingly.

Thank you for reading & have a great day!

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11 Comments

  1. Dividend Mantra on September 1, 2015 at 13:31

    DV,

    Another solid month in the books and another step toward freedom. 🙂

    Doesn’t look like you’re going to hit your goal for the year, but you’re still marching forward and collecting more passive income than a lot of people will ever see in their lifetimes. Keep it up!

    Cheers.

    • DividendVet on September 2, 2015 at 09:02

      That’s right, step by step we are moving forward and there is no means to stop it.

      As for the yearly dividend income goal, it looks further than previously anticipated, but I will continue to push for it. Next time I need to set challenging, but more achievable goals. Lesson learned.

      Thanks for stopping by and lets keep it going!

  2. Dividend Driven on September 1, 2015 at 15:11

    DV,

    Congrats on your August dividend income. I like all of your companies and currently I own just two of them. Hopefully September will be a good opportunity for me to buy more for the long term. Keep it up.

    -DD

    • DividendVet on September 2, 2015 at 09:05

      Much appreciated. There are thousands of companies you can invest in, that is the beauty in the stock market. Though it could be daunting task to pick just a few of them. Therefore I focus on the most profitable and most rewarding to the shareholders. Why else would you be investing?

      Best of luck to you in your journey.

  3. DivHut on September 3, 2015 at 01:29

    Another month another solid performance for passive income generation. I see a couple names in common between our portfolios for the month. Still, great job cracking $200 even though slightly less than your Aug 2014 totals.

    • DividendVet on September 3, 2015 at 10:43

      Thanks. Every dollar helps in building then next dollar. Also, the year over year decline is primarily due to having ARCP sell off for home down payment purchase. Bouncing back up though.

      Take care.

  4. Dividend Hustler on September 3, 2015 at 09:55

    Keep it up Dividend Vet.
    This journey is long and tough. Who said it’s easy? Slow and steady, the turtle will crush everything. Believe it.
    Congrats on the passive income and continue to build it to greater heights bud.
    Thanks for sharing and keep up the good fight.

    • DividendVet on September 3, 2015 at 10:54

      Thanks for some extra motivation. It definitely takes some courage to do investing yourself, but it has been a great learning experience that I wouldn’t trade for anything. The concept of DGI is simple, keeping yourself disciplined every month and avoiding the noise is the hard part. Like you said, taking it turtle style, month by month, brick by brick in one acquisition at a time. Enjoying the journey and reaping the beyond monetary rewards. Dividends are just the cherries on top.

      You are doing great over there yourself, keep up the great work!

      All the best.

  5. Tawcan on September 4, 2015 at 08:41

    A very solid month despite the negative YOY growth. Keep adding fresh capital in your portfolio and take advantage of the recent market drop.

    • DividendVet on September 4, 2015 at 12:36

      Thanks man, I appreciate the positive feedback. Lots of great names are in highly discounted prices right now and speaking of that I have already made one recent acquisition this month so stay tuned to find out.

      Best wishes.

  6. divorcedff on September 22, 2015 at 10:36

    DividendVet

    Great Dividend income, for a slow month, the decrease it is just bump in the road for the financial freedome

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