Dividend Income – August 2015
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The market has been on a crazy roller coaster over past month and a half. In that time, we have seen the value of our portfolio drop by almost 10%!
Fortunately, my wife and I are long term dividend investors and are not panicking. We will sit back and continue to collect our dividends this month and the remainder of the year – despite what the market is doing.
Better yet, we plan to ramp up our new investments to take advantage of this downturn in the market.
Here is our dividend income portfolio results for August, 2015 –
2015 August Dividend Income Results
August was another great month of dividend earnings, despite a big correction in the market. Here are the dividend income earnings for the month of August from the past 3 years and our total for 2015 –
- August 2012 – $32.26
- August 2013 – $41.75
- August 2014 – $41.10
August 2015 Dividend Income – $90.83
We saw an increase of over 120% last month compared to August 2014! That is fantastic growth and shows the delayed results we are seeing with increasing our new investments over the past 6 months.
Here is the breakdown of dividend income (by stock) in August, along with the number of new shares added from DRiP –
- Caterpillar Inc. (CAT) – $10.01 ($10.01 cash Robinhood)
- Clorox Co (CLX) – $24.97 (.21 shares)
- Lowe’s Cos Inc (LOW) – $6.88 (.10 shares)
- Realty Income Corporation (O) – $6.65 ($6.65 cash Robinhood)
- Omega Healthcare Investors Inc. (OHI) – $21.45 ($21.45 cash Robinhood)
- The Procter & Gamble Company (PG) – $11.73 (.16 shares)
- Verizon Communications Inc. (VZ) – $9.14 (.17 shares)
Note – All of the dividends we currently receive are reinvested into new shares of the same stock using DRiP – except those purchased through our LOYAL3 and Robinhood accounts.
New Capital Invested in August
The market is now in correction mode, so this is a dividend investors dream. We increased our monthly investments compared to last month as a result. Just wish we had more available funds to put into the market, but that time will come.
Here are the new investments we made in August –
- $150 automatic investment in Microsoft (MSFT) – 3.16 shares
- $50 automatic investment in Unilever (UL) – 1.14 shares
- $50 automatic investment in Verizon (VZ) – 1.03 shares
- $500 automatic investment in WalMart (WMT) – 7.61 shares
We decided to increase our automatic investment for WalMart last month from $150 to $500. With the market in deep correction mode, we wanted to take advantage of a great dividend company selling at a discount.
The total amount of new capital invested in July was – $750.00
Here are the new investment totals for the year –
- January Investments – $475.00
- February Investments – $1,067.30
- March Investments – $652.26
- April Investments – $1,094.77
- May Investments – $4,219.12
- June Investments – $1,148.80
- July Investments – $482.64
- August Investments – $750.00
New 2015 Investments – $9,889.89
12 Month Forward Dividend Income
We continue to track our 12 month forward dividend income each month. Several factors will determine if our forward dividends increase including: adding new shares, dividend reinvestment’s, and when a company raises its annual dividend.
Here are our current and past results for the year –
12 Month Forward Dividend Income
- March 2015 – $1,239.21
- April 2015 – $1,288.31
- May 2015 – $1,501.44
- June 2015 – $1,570.40
- July 2015 – $1,590.65
- August 2015 – $1,615.53
Comparing the past six months, our 12 month forward income has grown by 30.4% or by $376.32!
We saw an uptick of $24.88 from last month, which is about what we would expect each month based on the new money we are investing.
The dividend income earned in August ($90.83) was up over 100% from the same time last year. This is all a direct result of pumping more and more money into the stock market.
To date, we have earned a total of $817.15 in dividend income for 2015. At this rate, we would earn around $1,375 in annual dividend income this year. Since our goal is to earn $1,500 this year, we have a lot of work to do over the next 4 months.
How was your dividend income in August? What stocks are you buying in this market?
Full Disclosure – At the time of this writing, we owned shares in the following stocks noted in this post – CAT, CLX, LOW, MSFT, O, OHI, PG, UL, VZ, and WMT. The material above is not a recommendation to buy. Please do your own research on a company before deciding to invest.