I received $148.39 in taxable dividend income for August 2021. I’m really happy to see my second month of the quarter growing so much (42% since last year)! This is mostly thanks to some substantial contributions over the last year along with some big raises.
| ticker | total_payout_2021 | total_payout_2020 |
|---|---|---|
| TXN | $24.28 | $15.30 |
| LOW | $20.00 | $10.35 |
| ABBV | $19.50 | $17.70 |
| PG | $18.27 | $6.99 |
| ACN | $14.97 | $9.42 |
| SBUX | $13.05 | $10.66 |
| VZ | $10.67 | $10.46 |
| HRL | $10.54 | $8.85 |
| AAPL | $10.34 | $8.20 |
| HAS | $4.08 | $4.08 |
| CL | $2.70 | $2.64 |
| $148.39 | $104.65 |
Dividend Growth
| percent_increase | annual_increase_dollars | |
|---|---|---|
| LOW | 33.33% | $15.20 |
| Total | $15.20 |
I had to triple check my additional forward income because I couldn’t believe I gained $15+ annual dollars just from one raise. Lowe’s had a massive raise from $0.60 to $0.80 this month, and the math checks out. Even though I only had one raise this month, it was a good one. I would have to invest $1,056 to generate this much income at my current portfolio yield (1.44%).
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 | $22.83 | $3.01 | $5.04 | $13.20 | $6.44 | $2.61 | $29.35 | $139.83 |
| dividend_reinvestments | $2.47 | $-12.99 | $3.47 | $2.02 | $2.05 | $4.22 | $1.80 | $1.60 | $6.79 | $1.78 | $1.78 | $9.57 | $24.56 |
| new_contributions | $-0.30 | $6.03 | $0.02 | $1.06 | $0.03 | $-0.51 | $188.35 | $276.00 | $147.06 | $93.04 | $146.50 | $32.79 | $890.06 |
| Total | $9.17 | $-3.86 | $40.20 | $7.63 | $8.07 | $26.54 | $193.16 | $282.64 | $167.05 | $101.26 | $150.89 | $71.71 | $1,054.46 |
| Year: 2020 | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| dividend_increases | $1.44 | $8.76 | $18.54 | $-52.15 | $-22.73 | $31.08 | $3.81 | $0.00 | $19.47 | $4.96 | $20.70 | $26.81 | $60.69 |
| dividend_reinvestments | $1.88 | $1.55 | $10.38 | $9.07 | $1.78 | $7.85 | $-3.23 | $2.50 | $8.02 | $1.57 | $2.07 | $9.03 | $52.47 |
| new_contributions | $2.24 | $17.81 | $37.11 | $-1.16 | $9.41 | $6.34 | $-30.23 | $11.93 | $-0.25 | $0.19 | $19.35 | $51.72 | $124.48 |
| Total | $5.56 | $28.12 | $66.03 | $-44.24 | $-11.54 | $45.27 | $-29.65 | $14.43 | $27.24 | $6.72 | $42.12 | $87.56 | $237.62 |
| Year: 2021 | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| dividend_increases | $1.08 | $9.35 | $28.05 | $5.84 | $8.98 | $33.05 | $5.09 | $15.20 | $0.00 | $0.00 | $0.00 | $0.00 | $106.64 |
| dividend_reinvestments | $1.61 | $1.62 | $8.89 | $1.64 | $1.95 | $7.14 | $1.21 | $1.82 | $0.00 | $0.00 | $0.00 | $0.00 | $25.88 |
| new_contributions | $68.26 | $60.80 | $67.00 | $61.99 | $56.84 | $101.65 | $42.09 | $72.72 | $0.00 | $0.00 | $0.00 | $0.00 | $531.34 |
| Total | $70.95 | $71.77 | $103.94 | $69.47 | $67.77 | $141.84 | $48.39 | $89.74 | $0.00 | $0.00 | $0.00 | $0.00 | $663.87 |
2021 continues to be one of my best years in terms of saving and quality purchases. “Quality purchases” is probably subjective, but I’m feeling good about the companies I’m growing my holdings in.
Purchases – LOW, SBUX, V, VTI
Hopefully everyone’s portfolio is climbing in value. I feel like mine (and the market) is hitting a new high every week.
This does make it tough to buy stocks that were two thirds or even half the price within the last year. I try to detach myself from looking at where the market is or was. My thinking is that share value includes all the good news and bad news already priced in. Therefore my favorite stocks are at historic highs, but are priced no higher or lower than fair value according to a market hive mind.
Another strategy that helps me contribute even at all-time highs is steady, even, regular contributions no matter what is going on.
We will see if this mental strategy pays off for me, but it helps me keep adding to my best performers despite high prices.
4.54 shares of Lowe’s (LOW) @ $192.06/share. Cost Basis: $871.67. Forward Income: $14.52/year
I’ve added to my other top holdings recently, and it’s time to catch up a bit with my Lowe’s holding.
8.0 shares of Starbucks (SBUX) @ $115.10/share. Cost Basis: $920.80. Forward Income: $14.40/year
Similar to McDonald’s – I love Starbucks stock for its brand image and scalability.
4.0 shares of Visa (V) @ $237.94/share. Cost Basis: $951.75. Forward Income: $5.12/year
Speaking of scalability, Visa takes it to a new level. I think electronic payments can only become more prevalent, and can mostly scale up from its existing infrastructure.
15.0 shares of Vanguard Total Stock Market Index (VTI) @ $229.24/share. Cost Basis: $3,438.55. Forward Income: $42.04/year
Eventually the market has to slide a bit, right? Whether the market slides or climbs, I’ll do my best to keep adding to VTI. I really can’t wait for the third quarter of the month, when VTI pays its dividend.
Great progress, Dozer. Your YoY growth is amazing. More of that is to come I’m sure considering you are getting to invest some sizeable dollars into your portfolio these days.
You’ve got a shot to beat some of your forward dividend income numbers from 2019. Keep it going.
I love all the stocks you purchased this month (LOW, SBUX, V). They all deliver some serious dividend growth. In the long-term their lower current yields will turn into large YOCs.
Thanks ED! I am excited for the future – September was a nice payoff for the higher contributions.
Thanks for the encouragement. I’ll try to keep it up!