Dividend Income Update: August 2016

by: Divhut

The start of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. August was exciting as ever, as my year-over-year numbers continue to highlight the trifecta magic of dividend investing, which includes adding fresh capital, dividend raises and basic compounding to create an ever-increasing passive income stream. Even if I stopped adding fresh capital today and every dividend stock I owned kept all distributions flat, without a single raise, my passive income stream will continue to grow. Of course, my plan is to never stop adding cash to my accounts even during times like these when the market and many individual stocks are trading at expensive valuations and less-than-robust dividend yields. All you can really do is try and pinpoint the best relative values and yields, while continually deploying fresh capital. With that being said, let's take a look back at my August 2016 dividend income.

Dividend income from my taxable account totaled $283.14, up from $227.49, an increase of 24.5% from August of last year.

Dividend income from my ROTH account totaled $188.05, up from $97.83, an increase of 92.2% from this time last year.

Dividend income from my IRA account totaled $98.93, up from $47.95, a year-over-year increase of 106.3%.

Grand total for the month of August: $570.12, an increase of 52.7% from August 2015.

Brokerage Account

Year-to-date dividends: $2,399.29

Date Description Symbol Amount
08/01/2016 DIVIDEND:GIS GIS $35.51
08/05/2016 DIVIDEND:YUM YUM $26.85
08/08/2016 DIVIDEND:APD APD $34.20
08/12/2016 DIVIDEND:CLX CLX $11.03
08/15/2016 DIVIDEND:ABT ABT $20.11
08/15/2016 DIVIDEND:CL CL $6.83
08/15/2016 DIVIDEND:ABBV ABBV $60.04
08/15/2016 DIVIDEND:PG PG $12.57
08/19/2016 DIVIDEND:JCI JCI $19.85
08/22/2016 DIVIDEND:CAT CAT $56.15
Total: $283.14

ROTH Account

Year-to-date dividends: $1,059.63

Date Description Symbol Amount
08/02/2016 DIVIDEND:TD TD $71.31
08/05/2016 DIVIDEND:YUM YUM $7.82
08/15/2016 DIVIDEND:PG PG $7.41
08/22/2016 DIVIDEND:CAT CAT $48.65
08/25/2016 DIVIDEND:RY RY $52.86
Total: $188.05

IRA Account

Year to date dividends: $372.11

Date Description Symbol Amount
08/22/2016 DIVIDEND:HCN HCN $47.26
08/23/2016 DIVIDEND:HCP HCP $51.67
Total: $98.93

You just have to love the very real results of dividend growth investing. The numbers above just continue to prove to me that over time, and with a lot of patience, dividend growth investing can work and provide and ever-increasing passive income stream.

Are any of these dividend stocks in your portfolio too? How was your August dividend income? Please let me know below.

Disclosure: Long all above.