August 2015 Dividend Income

Another 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!