Dividend Income Update – August 2017

Another month has passed by, and it’s time for me to post the dividends that Skyy earned in the month of July. 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.

What you’ll see below is a list of every dividend Skyy collected over the prior month, which company paid the dividend and the amount of the dividend.

August 2017 Dividends Received

  • AT&T (T) – $10.91
  • Apple (AAPL) – $6.58
  • Starbucks (SBUX) – $0.75
  • Petmed (PETS) – $2.18
  • Caterpillar (CAT) – $1.65
  • Kinder Morgan (KMI) – $9.13
  • Realty Income (O) – $6.90
  • Procter & Gamble (PG) – $7.42
  • Green Plains Partners (GPP) – $5.52
  • Health Care Partners (HCP) – $12.12
  • Enterprise Products Partners (EPD) – $4.53
  • Cornerstone Fund (CLM) – $38.70
  • Aberdeen Income Fund (FAX) – $8.18

Total dividends received during the month of August: $114.57

The markets have seemed to bounce back as of now and is waiting on Trump’s tax reform. Will it help or really hurt the economy in the long run? I will have the Fund Update up soon but I should be able to get the account to 25K by the end of the year. Hopefully everything goes as planned and the stock market continues to go up well into 2018 without any Great Drops!

As always we are truly thankful that Skyy was able to earn $114 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 Cash Flow!

Work Hard or Work Smart?

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