Dividend Income Update- August 2016

Another month has passed by, and it’s time for me to post the dividends that Skyy earned in the month of August. It’s hard to argue the success of long-term dividend growth investing when you can slowly and surely see dividend income rise over time and get closer to covering your family expenses.

I hope these monthly dividend income reports provide inspiration for any investors out there that are just starting out. It shows that it’s possible to one day pay for monthly expenses with dividends, which would provide an investor opportunities and freedom to pursue other interests than full-time work.

August 2016 Dividends Received

  • AT&T (T) – $10.19
  • Apple (AAPL) – $5.84
  • Diebold (DBD) – $3.04
  • Petmed (PETS) – $2.00
  • Caterpillar (CAT) – $1.58
  • Kinder Morgan (KMI) – $8.92
  • Realty Income (O) – $6.24
  • Procter & Gamble (PG) – $6.98
  • Health Care Partners (HCP) – $17.92
  • Enterprise Products Partners (EPD) – $4.06
  • Cornerstone Fund (CLM) – $8.62
  • Aberdeen Income Fund (FAX) – $3.75

Total dividends received during the month of August: $79.14

So the month of August has passed and nothing dramatic has happened to move the market either way. Currently I am really focused on getting our income over $100 every month by 2017 and the only way to do so is to put our money into great companies that will continue to reward us. Hopefully the market can hold up for the next 6 months, but I have a good feeling that won’t be the case as past years have shown us otherwise.

Once again we are truly thankful that Skyy was able to earn $79 this month without lifting a finger and continuing to be a great daughter. She did nothing to earn this money except for make great decisions with past capital! Decisions like investing in high quality companies that reward her as a loyal shareholder with a piece of the profit.

Work Hard or Work Smart?

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6 thoughts on “Dividend Income Update- August 2016

  1. Skyy is such a smart girl investing in dividends. lol

    Good luck getting $100+ monthly for 2017. I think that may be my goal for 2018, or sooner 😉

    1. Right. lol I wish I would have known sooner to do so myself! Oh and it comes fast if one keeps saving and trying to invest every month. I remember about 8 months ago I was thinking I wouldn’t get to $100 until maybe the end of the year and around 3 months later I was already there!

      Compounding is just amazing whether its working for you or against you. haha

    1. SS,
      Thanks and yes they are, should end the Year strong also! I wish I could of Grabbed more of CAT in 2015 when I first bought it but just didn’t have enough cash at the time.

      Thanks for stopping by!

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