August is officially in the books and it is that time again to see the progress of the portfolio, which has brought another set of cash flow. Again, I will be reinvesting this cash into more shares of my favorite companies and essentially bringing in more dividends next time. Simple, but absolutely beautiful process. As far as the acquisitions are concerned, deals have been difficult to find in this Bull Market. Though, I have made a few purchases here recently of a few companies that have been on my watch list for a long time and just had great opportunity to scoop up some shares at amazing discounted prices. More on that to come soon!
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 straight to my brokerage account. Lets keep the dividends flowing!
|AT&T Inc. (T)||$51.26|
|General Mills (GIS)||$22.02|
|Verizon Communications Inc. (VZ)||$23.73|
|Apple Inc. (AAPL)||$22.46|
|Kinder Morgan Inc. (KMI)||$20.10|
|Procter & Gamble Co. (PG)||$26.84|
|Realty Income Corp. (O)||$9.68|
|Costco Wholesale Corp. (COST)||$5.85|
When statistically comparing last years dividend income total from August 2015 to August 2016, it represents a negative 10.2% for a year over year decreased dividend growth. The negative growth is primarily due to KMI reducing their divided shareholder payout when they were having debt/credit rating issues. The growth difference from last quarter is positive 4.4% for a quarter over quarter increased dividend growth. The QoQ increase is primarily due to annual dividend raises and additional acquisition of AAPL shares in May, 2016.
I will DRIP the following upcoming month: BKE, COP, KMI, MAT, TROW & UNP.
The dividend income page is updated accordingly.
Thank you for reading & have a great day!