It’s time for my favorite type of post: a tally of the dividends I received in the prior month. Given my strategy of DGI, it is really the dividend payouts that I care about. For each of the companies I invest in, I like to see a steady and growing stream of dividend payouts.
So how did I do in August?
Last month 11 companies sent me a dividend payout, adding up to a total of $257.
Receiving - on average - almost $300 a month is great - and I expect to cross the $300 line by September of this year.
It’s pretty amazing how fast my dividends have grown. After all, I am only in my third year of investing and we are already talking >$3,000 per year in received dividends.
With these growing monthly dividend payouts, I am now certain to attain my goal of receiving 3,000 in dividend payments this year.
The following table shows the tickers of the companies that made a August 2017 dividend payout to my portfolio. It features the dividend amount I received and any change in payout as compared to the last payout moment.
| Ticker | Dividends Received | Dividend per Share Change |
|---|---|---|
| VZ | $28.88 | |
| T | $24.50 | |
| CVS | $25.00 | |
| STAG | $5.88 | 0.71% |
| OHI | $64.00 | 1.59% |
| ABBV | $25.60 | |
| CAT | $23.40 | 1.30% |
| WSM | $11.70 | |
| SBUX | $18.75 | |
| CLDT | $11.00 | |
| SPG | $18.00 |
Three companies - out of the 11 featured in the table above - decided to increase their dividend payouts to me.
Stag Industrial (STAG), Omega Healthcare Investors (OHI) and Caterpillar (CAT) all brought small - but nonetheless welcome - dividend increases to the table.
Comparing the dividend payout of August 2016 to August 2017 (below) shows an increase from $87 to $257- a YoY growth of 195%.
How was your August and its dividend? Leave a comment/reply to share your thoughts!
You have been having massive gains all year. Crazy that you are averaging adding 1k dividends per year since you started. I haven’t even hit the 1k mark just yet. Hope to hit it next year. Thanks for sharing. Keep those growth rates up!
Thanks DD,
I am fully committed to keep the growth up!
Wow that is some serious growth from last year! Great job.
Thanks moneysprout! I keep building that snowball…
A big increase in your dividends. Congratulations
Blogsandmarkets,
Thanks, appreciate you stopping by.
Awesome! I hope you could say next year the same:”YoY growth of 195%”! Congrats:)
Thank you! And yes, hope so too..for now I just keep adding more funds 🙂