Wow, I can’t believe August is already a thing of the past! I’ve been so busy this month that I didn’t even see the time fly. But August’s passing means that it’s time for yet another one of my favorite types of posts: dividend recaps! I love these posts because they embody the tangible power of dividend growth investing, which lies in the ever-flowing stream of passive income that my portfolio generates on a monthly basis. I started investing in late December 2014, and I received my first dividend payout of $6.26 in February 2015. This is effectively the seventh month I’ve ever received dividends in my life, so let’s take a look at who paid me what, and how my earnings stack up compared to my previous ones.
|BreitBurn Energy Partners||$4.17|
|Omega Healthcare Investors||$34.10|
|Procter & Gamble||$3.98|
|Textainer Group Holdings||$7.05|
A grand total of $65! That’s a decent chunk of change right there! Well, at least it is for me. This is certainly much better than last month’s earnings of $38, though as I’ve mentioned it before, comparing earnings month to month isn’t all that useful since a portfolio’s dividend payouts are often concentrated around one or two quarters. As such, I find it more interesting to compare August’s earnings with those of last quarter’s corresponding period, which in this case would be May.
So how did I fare then? Well, seeing as I received a total of $33.73 back in May, this means that I’ve doubled my payout for this cluster of stocks in the span of 3 months! I am extremely pleased with this rate of progress 😀
With these earnings, August effectively replaces March as my second highest-paying month ever so far. June still remains my best-paying period to date with a payout of $82, though I suspect that next month will eclipse it seeing as September is June’s corresponding sibling for the year’s third quarter, and I’ve invested a lot of fresh capital since then. Perhaps September will even be the first month that I break the $100 mark, which would be a huge milestone for me! We will have to wait and see.
Anyway, that wraps up August. It’s been a fantastic month, and I can’t wait to see what comes next.
Onward to September!
How was your August, my esteemed reader? Did you receive some juicy payouts?
Disclosure: long AAPL, AXP, BBEP, HAS, OHI, PG, TGH, VZ