Dividend Earnings Replace August 2020

The beginning of each month is thrilling for all dividend revenue buyers as we glance again on the earlier month and see how a lot passive dividend revenue our portfolios generated. There’s simply one thing particular about passive revenue. Understanding that an revenue is hitting your account with out having to do any energetic work to earn it.

August was a little bit underwhelming for me as my revenue dropped a bit however this was on account of gross sales made final 12 months. Nonetheless, my 12 months over 12 months annual numbers proceed to spotlight the trifecta magic of dividend investing which incorporates, including recent capital, dividend raises and fundamental compounding to create an ever rising passive revenue stream. Even when I ended including recent capital in the present day and each dividend inventory I owned stored all distributions flat, and not using a single elevate, my passive revenue stream would proceed to develop. With that being stated, let’s have a look again at my August 2020 dividend revenue.

Dividend revenue from my taxable account totaled $659.66 down from $702.57 a lower of -6.1% from August of final 12 months.

Dividend revenue from my ROTH account totaled $273.78 up from $240.86 a rise of 13.7% from this time final 12 months.

Dividend revenue from my IRA account totaled $124.77 down from $184.66 from this time final 12 months, a lower of -32.4%.

Grand whole for the month of August: $1,058.21 an lower of -6.2% from August 2019.

Brokerage Account

Yr up to now dividends: $8,015.41

Date Image Description Quantity
08/03/2020 T A T & T INC $50.53
08/03/2020 GIS GENERAL MILLS INC $119.56
08/07/2020 GD GENERAL DYNAMICS CO $8.84
08/10/2020 APD AIR PROD & CHEMICALS $55.26
08/13/2020 AAPL APPLE INC $7.08
08/14/2020 ABBV ABBVIE INC $242.58
08/14/2020 CL COLGATE-PALMOLIVE CO $7.97
08/14/2020 CLX CLOROX CO $18.97
08/17/2020 ABT ABBOTT LABORATORIES $28.55
08/17/2020 HRL HORMEL FOODS CORP $20.09
08/17/2020 PG PROCTER & GAMBLE $22.29
08/20/2020 CAT CATERPILLAR INC $77.94

ROTH Account

Yr up to now dividends: $2,051.04

Date Image Description Quantity
08/03/2020 GIS GENERAL MILLS INC $28.16
08/13/2020 AAPL APPLE INC $5.75
08/14/2020 ABBV ABBVIE INC $76.50
08/17/2020 HRL HORMEL FOODS CORP $2.10
08/17/2020 PG PROCTER & GAMBLE $8.76
08/20/2020 CAT CATERPILLAR INC $67.55
08/21/2020 SBUX STARBUCKS CORP $7.39
08/24/2020 RY ROYAL BANK OF CANADA $77.57

IRA Account

Yr up to now dividends: $663.32

Date Image Description Quantity
08/07/2020 GD GENERAL DYNAMICS CO $4.44
08/25/2020 PEAK HEALTHPEAK INC REIT $65.76
08/27/2020 WELL WELLTOWER INC REIT $48.69
08/31/2020 LTC LTC PROPERTIES, INC. REIT $5.88

Whereas I’m very joyful to usher in a 4 digit whole for the month of August it was a little bit unhappy to see a 12 months over 12 months decrese however that is simply defined as I’ve offered off a number of of my spin offs that pay in August. These shares have been included in my brokerage and IRA account. Names like Sabra Healthcare REIT (SBRA), Versum Supplies (VSM) and Wabtec (WAB) have all been shuttled and may account for my 12 months over 12 months lower.

So there you will have it. August within the books! With persistence and consistency these outcomes and higher will be achieved. Simply keep in mind, generally investing with blinders on will be helpful because it blocks out the fixed noise we’re bombarded with every day and retains you centered on the job at hand which is to maintain investing, not falling for market timing traps, diversifying, not getting shaken out of the market when it tumbles and simply making a strong, ever rising (generally) passive revenue stream.

Are any of those dividend shares in your portfolio too? How was your August dividend revenue? Please let me know under.

Disclosure: Lengthy all above

The put up Dividend Earnings Replace August 2020 appeared first on DivHut.