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.
Yr up to now dividends: $8,015.41
|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|
|08/17/2020||HRL||HORMEL FOODS CORP||$20.09|
|08/17/2020||PG||PROCTER & GAMBLE||$22.29|
Yr up to now dividends: $2,051.04
|08/03/2020||GIS||GENERAL MILLS INC||$28.16|
|08/17/2020||HRL||HORMEL FOODS CORP||$2.10|
|08/17/2020||PG||PROCTER & GAMBLE||$8.76|
|08/24/2020||RY||ROYAL BANK OF CANADA||$77.57|
Yr up to now dividends: $663.32
|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.