Sunday, August 31, 2014

Dividend Income Update - August 2014

August 2014 Dividends Received:
  • Apple (AAPL) - $26.32
  • American Realty Capital Properties (ARCP) - $41.31
  • Cracker Barrel Old Country Store Inc (CBRL) - $19.00
  • CMS Energy Corp (CMS) - $21.60
  • General Mills (GIS) - $15.99
  • Kinder Morgan, Inc (KMI) - $54.83
  • Realty Income Corp. (O)  - $25.85
  • Omega Health Care (OHI) - $90.06
  • Procter & Gamble (PG) - $25.21
  • Starbucks (SBUX) - $13.00
  • Seagate (STX) - $17.20
  • AT&T (T) - $36.80
  • Verizon (VZ) - $31.80
Total dividends received during the month of August: $418.96

Total dividends received so far in 2014: $2419.08

Projected forward yearly dividend income: $5,694.65

Projected forward average monthly dividend income: $474.55
Portfolio market value: $185,279.54

4 comments:

  1. really nice month. you're killing it.

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  2. Over $400 for the month of August in dividends is amazing. You have a very diversified portfolio with lots of solid names. Look forward to your next update.

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    Replies
    1. Hey Keith, I am quite happy with the dividend growth strategy as it seems to fit my personality. It allows me to contribute regularly, disciplined and patiently, diversify the risk, understand and get to know the companies in my portfolio, and track my passive income as it grows.

      Some of the positions I DRIP, others I FRIP - and it is nice to reinvest the dividends to accumulate more shares. The reinvestment by itself is starting to raise the income by $1.5 a month. It is those small increases that add up over time and that I like to pay attention to.

      That said, this last month I made an exception to the rule and invested a bit of money in Gilead (GILD) as I have looked at it's fundamentals and I think:
      1) it can grow nicely - might even double from here.
      2) perhaps they will initiate a dividend in the future.

      For the coming months I will be looking in the energy and utility sectors as I am a bit underweight in them. So probably a bit of XOM, CVX or some more BP. Might add to my position in WEC as well - or try to find a nice water utility.

      All the best with your portfolio too.

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