There is nothing more satisfying than looking at the dividend income received for the month and realizing that you are taking small (but important) steps towards your goals.
August 2014 has been a great month. I received $106.97 in August and this is the first time I had crossed the $100 mark in the second month of the quarter.
Here are the dividends for August 2014.
| Stock | Dividend | Difference from Last year |
% diff from last year |
| AAPL | $32.90 | $17.65 | 115.74% |
| C | $0.15 | $0.00 | 0 |
| GIS | $4.10 | $0.30 | 7.89% |
| PG | $9.65 | $0.63 | 6.98% |
| ARCP | $10.42 | New investment | |
| KMP | $34.75 | New investment | |
| CBRL | $15.00 | New investment | |
| Total | $106.97 | $78.75 | 279.06% |
GIS and PG increases are due to dividend raises. AAPL increase is due to dividend increase as well as additional positions. This is my first dividend from CBRL. KMP and ARCP have started adding to the snowball from purchases earlier this year. C is negligible and I don’t consider it as a dividend stock at all 🙂
Overall, the dividends has increased from:
- August 2013: $28.22, increased by $78.75, 279.06% increase.
- May 2014: $91.72, increased by $15.25, 16.62% increase.
Here are some charts looking at dividend growth over the years 🙂
The below chart shows August dividends over the years. It is nice to see the growth from a meager $2.35 to $106.97 in 5 years time. Looking back at the history, $2.35 in dividends in August 2009 is my smallest for any month ever (excluding $0 🙂 ). Looking forward to seeing this chart go higher and higher.
The below chart shows the dividends that I have received until August each year. By August last year, I had received $548.76 and it has grown to $934.73 this year.
The below chart represents the total annual dividends. I already crossed my entire 2013 dividends last month. And I look forward to hit the $1000 mark in September and of course reach my goal of $1,500 for this year.
Progress for 2014:
With August dividends, my total for the year stands at $934.73 which represents 62.31% of my 2014 target of $1,500.00. I had an initial goal of $1,200 at the beginning of the year, but increased it to $1,500 early July since it looked like I was going to hit the target with months to spare. I am just about on pace to hit the $1,500 target and the recent new investments should help me get there.
The dividends page will be updated to reflect the August dividends.
Disclosure: Long on all stocks mentioned above.
Dividend Growth Journey 
Congrats on crossing the $100 mark. Now onward to $200. 🙂
Solid holdings you have. You must be happy about the Kinder Morgan ownership merge since you’ll get a bunch of KMI shares to increase your dividend income.
Thanks. Looking forward to hit the 200 mark.
But not sure if the Kinder Morgan merger will add to the dividend income since KMI’s yield is less than KMP. So will have to wait and see how this plays out.
Thanks for stopping by.
AAPL’s dividend growth is crazy. But they have tons of cash. It’s nice to see that they’re returning it.
Their cash is overseas. They have to tap the bond market in order to pay the dividend. Don’t know how long that will last.
He added to his position, which is the reason the growth is that high. Pretty AAPL didn’t raise their dividend that high, but his personal dividend increase from last year increased that much.
That is correct. The increase in AAPL dividends is due to dividend increase as well as additional positions. I mentioned that in the post.
Cracking $100 in a month for passive income is a great milestone. Keep up the good work. GIS and PG are the only names we share this month for dividend income. That’s part of the fun of being online and open with our portfolios. You get to see how others invest and their holdings. Thanks for sharing.
Thanks DivHut. Bringing in over 100/month is definitely great. But I am definitely looking forward to hitting the 200 mark sometime soon.
Thanks for stopping by.
Hi DGJ,
Congrats on reaching another milestone this month! The nice thing about dividend growth is watching the numbers increase from month to month and year to year – your charts are great for this 🙂
We share PG and GIS too.
Best wishes and looking forward to your September results,
-DL
Thanks DL. It is a great feeling to look at the numbers going up each QoQ and YoY.
Thanks for stopping by,
DGJ,
Get ready for your best month yet – September! I am pumped for you and your growth rate is awesome. Keep it up!
-Lanny
Thanks Lanny. I am looking forward to my September to see if I can increase it compared to June last quarter.
DGJ,
Great month. $100 in a non-quarter end month is very good. You are finally seeing the fruits of all of your new investing over the last year. I like how you compare the 2nd Quarter of the current and prior quarter. Since your portfolio has grown so much compared to last year, comparing the last two quarters provides the best comparison for how much your dividend income has grown. I’ve started adding it to my comparison!
Bert, One of the Dividend Diplomats
Bert,
Thanks for stopping by. Comparing it over the previous quarter gives a better understanding of the true growth from recent investments and/or dividend raises. That’s why I include comparison to both last year as well as last quarter. I would like to see how these numbers will look next year when comparing to these ones from 2014.
Thanks for stopping by.
Just discovered your blog and will be adding you to my reading list. Congrats on crossing the $100 mark. Keep up the great work!
R2R
R2R,
Thanks. Checked out your blog too. Your journey to FI is looking great with YTD dividends crossing 3K and average monthly dividends almost at 400.
Congratulations. Will continue to check out your blog frequently.
DGJ
DGJ,
Nice job there. The YOY increase is insane! Keep it up. 🙂
Your chart shows this strategy in action. Slow, steady progress is the name of the game. You know what your expenses are, and you can slowly see that passive income rising up to meet them. Fun to watch freedom becoming more real with every passing month.
Best wishes!
Thanks DM. I started investing aggressively from this year and hence YoY increase is huge. Definitely cannot be sustained. Hence I also compare it with the previous quarter which gives a better picture of the growth.
Thanks for stopping by.
Wow! Huge growth from last year. Congratulations! I love the charts and how it shows the growth year over year.
Thanks Special Agent. If you look at my earlier posts, you will realize that I love these charts as it helps to reinforce the fact that I am making progress.
Thanks for stopping by.