August 2022 Dividend Income

I received $183.85 in taxable dividend income for August 2022. While I’ve only been adding to VTI lately, my second month of the quarter is chugging along mostly by itself and its own dividend increases. I also got a bump from a few extra LOW and SBUX shares I purchased a bit less than one year ago.

MGA paid in September last year, but August this year. That also bumped me up this year, but nevertheless I’m excited to be near $200 on an off-month.

ticker total_payout_2022 total_payout_2021
LOW $31.50 $20.00
TXN $27.60 $24.28
ABBV $21.15 $19.50
PG $19.18 $18.27
SBUX $18.13 $13.05
ACN $16.50 $14.97
HRL $11.18 $10.54
VZ $10.88 $10.67
AAPL $10.81 $10.34
MGA $9.90 $0.00
HAS $4.20 $4.08
CL $2.82 $2.70
$183.85 $148.39

Some of my favorite individual holdings paid this month, which are also some of my biggest holdings. LOW, TXN, ACN, and AAPL! In total, 12 companies paid me this month, and nine of those paid over $10 each.

Dividend Growth

percent_increase annual_increase_dollars
LOW 31.25% $30.00
Total $30.00

I never look at increases until the month they take effect, so I was disappointed to see only one increase this month. But it was a hefty one. LOW’s increase of 31.25% gives me an extra $30 per year! I’d have to invest $1,807 at my portfolio’s average yield of 1.66% to generate this much income. Thank you Lowe’s!

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 $8.97 $33.05 $5.49 $15.20 $8.72 $10.96 $23.99 $27.55 $178.25
dividend_reinvestments $1.61 $1.62 $8.89 $1.64 $1.95 $7.12 $1.21 $1.83 $8.37 $0.92 $1.30 $7.12 $43.58
new_contributions $68.26 $59.71 $67.00 $61.99 $56.84 $101.67 $42.09 $75.06 $54.36 $31.38 $30.54 $39.28 $688.17
Total $70.95 $70.68 $103.94 $69.47 $67.76 $141.84 $48.79 $92.09 $71.45 $43.26 $55.83 $73.95 $910.01
Year: 2022 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
dividend_increases $2.52 $9.18 $20.61 $7.04 $2.74 $66.28 $6.71 $30.00 $0.00 $0.00 $0.00 $0.00 $145.08
dividend_reinvestments $1.67 $2.33 $7.58 $1.61 $2.58 $11.99 $1.95 $2.65 $0.00 $0.00 $0.00 $0.00 $32.36
new_contributions $15.38 $12.51 $29.37 $303.87 $41.92 $32.74 $46.53 $187.15 $0.00 $0.00 $0.00 $0.00 $669.48
Total $19.57 $24.02 $57.56 $312.52 $47.24 $111.01 $55.19 $219.80 $0.00 $0.00 $0.00 $0.00 $846.91

I hadn’t realized the pace I was on this year. I had a nice little bonus at work in August and put it all toward my portfolio. Hopefully in September, I’ll exceed my 2021 additional forward income. I have a chance to beat my best year of 2019 as well if I can keep up a decent pace through the end of the year.

I’m also excited about nearing $400/month in average dividends. This is an ambiguous number but it’s still nice to see.

Purchases – VTI

62.42 shares of Vanguard Total Stock Market Index (VTI) @ $211.32/share. Cost Basis: $13,190.20. Forward Income: $189.80/year

My timing this month was awful and I promptly lost about 7% of my August contribution after a decline in share price. No worries! Hopefully I can average down a bit in September. Either way, VTI is a care-free investment each month (or whenever I have the funds).

Leave a Reply

Your email address will not be published.