I received $104.65 in taxable August 2020 dividend income. On one hand, I laid a goose egg on dividend raises this month. I had zero dividend raises for a total of zero dollars in future income. This is the first time in four years of dividend growth investing that I can say that! On the other hand, my portfolio value got back to where it was before the drop in February. What a strange month!
Despite the big zero in increases, dividends continued to come in. I also crossed the $5k mark for the first time with two holdings – AAPL and MSFT (both due to their huge growth). This really doesn’t mean anything other than a mental boost. Hopefully it translates into some nice dividend increases in the future!
| ticker | aug_2020 | aug_2019 |
|---|---|---|
| ABBV | $17.70 | $16.05 |
| TXN | $15.30 | $13.09 |
| SBUX | $10.66 | $8.64 |
| VZ | $10.46 | $10.24 |
| LOW | $10.35 | $9.90 |
| ACN | $9.42 | $0.00 |
| HRL | $8.85 | $4.20 |
| AAPL | $8.20 | $6.16 |
| PG | $6.99 | $3.73 |
| HAS | $4.08 | $4.08 |
| CL | $2.64 | $2.58 |
| RTN | $0.00 | $8.48 |
| $104.65 | $87.15 |
I added a year-over-year comparison. RTN is now RTX and pays in a different month. ACN didn’t pay quarterly at this time last year. Those two changes almost balance each other out, leaving PG and HRL as having the most impact on getting me from $87 to $105. I have been adding to HRL and PG recently and look forward to more significant payments from them each quarter.
Dividend Growth
| percent_increase | annual_increase_dollars | |
|---|---|---|
| Total | $0.00 |
This is just sad! Looking back at last year, my only raise in August was from Lowe’s. Even though Lowe’s is a dividend champion with 57 years of dividend growth, they decided to skip a quarter before announcing another increase this year. They recently did announce a 9% increase for November’s payment. It will be interesting to see if 2021’s increase comes in August or November.
Forward Dividend Income
| Year: 2019 | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| dividend_increases | $7.00 | $3.10 | $36.71 | $4.55 | $5.99 | $18.01 | $3.01 | $5.04 | $13.20 | $6.44 | $2.61 | $29.35 | $135.01 |
| dividend_reinvestments | $2.30 | $1.96 | $5.59 | $2.08 | $2.32 | $4.94 | $2.35 | $2.05 | $8.64 | $2.27 | $2.43 | $12.52 | $49.45 |
| new_contributions | $-0.13 | $-8.92 | $-2.10 | $1.00 | $-0.24 | $-1.23 | $187.80 | $275.55 | $145.21 | $92.55 | $145.85 | $29.84 | $865.18 |
| Total | $9.17 | $-3.86 | $40.20 | $7.63 | $8.07 | $21.72 | $193.16 | $282.64 | $167.05 | $101.26 | $150.89 | $71.71 | $1,049.64 |
| Year: 2020 | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| dividend_increases | $1.44 | $8.76 | $18.08 | $-52.15 | $-22.73 | $31.08 | $3.81 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $-11.71 |
| dividend_reinvestments | $2.68 | $2.28 | $9.92 | $2.48 | $2.33 | $10.96 | $2.51 | $2.46 | $0.00 | $0.00 | $0.00 | $0.00 | $35.62 |
| new_contributions | $1.44 | $17.08 | $37.57 | $5.43 | $8.86 | $3.23 | $-35.97 | $11.83 | $0.00 | $0.00 | $0.00 | $0.00 | $49.47 |
| Total | $5.56 | $28.12 | $65.57 | $-44.24 | $-11.54 | $45.27 | $-29.65 | $14.29 | $0.00 | $0.00 | $0.00 | $0.00 | $73.38 |
Purchases – PG and MDT
Purchased 4.16 shares of Proctor & Gamble (PG) @ $131.45/share
I still want to add a more to PG, but this was a good chunk and brings me to 13 shares, or about $1,800 in current value. While I watch my tech stocks skyrocket, I want to keep some balance with consumer goods.
Purchased 0.39 shares of Medtronic (MDT) @ $102.69/share
After rounding out my PG holding to an even 13 shares, I added a fraction of MDT. Similar to PG, I like the consistent future of medical equipment and have enjoyed building up MDT.
Head on over to my portfolio page if you’d like to see what companies pay me in other months!
Great work! Always feels good to get three-figure income in a month. ABBV is also one of my main positions – love getting a high yield from a company with so much potential. Keep up the good work!
I love the articles you share. I especially liked the dividend dashboard (google sheets) but I spent all weekend trying to figure out how to pull just 1 dividends amount and pay date so I could put the info on each line of a portfolio summary for calculations and a dividend calendar.
I refer to =query(importhtml(concatenate(“https://ycharts.com/companies/”,upper(A5),”/dividend”),”table”,0),”select Col6, Col3 LIMIT 1 “) which gives me the header line and then the info I want.
I was using this formula for annual dividend and dividing by # of payments to get “average” but your info is more accurate.but I think they blocked me because if I use a NEW stock symbol it works once or twice then give #N/A like the rest do: =SUBSTITUTE(index(IMPORTHTML(“http://finviz.com/quote.ashx?t=”&A5,”table”, 11),7,2),”*”,””)
Could you point me in the right direction of how to get the two fields without the header line and without having to put the forumula in the line ABOVE where I want it displayed? Thank you for your time!
Hi Rudi! Thanks for digging in so much. I know the challenge you’re talking about. Unfortunately it’s been a little while, but I believe I tried to do the same thing you’re asking with no success. If anyone else knows how, please share!
Another triple digit month, Dozer…love seeing that. I have some good overlap with you from August, as I own 6 of your top 9 dividend payers.
Sorry to hear about the lack of increases this month, but thanks to TXN’s recent raise announcement, you won’t have to worry about that in November.
Keep plugging along…and watch that income grow.
While it sucks not having any increases, it sures beats receiving decreases! 🙂
As always love your python generated graphics!