Dividend Income

August Dividend Income and Net Worth Report – 2021

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A lot of great dividend stuff happened this August.  Dividend raises posted a remarkable month coming in as my third largest dividend growth month since I began tracking.  Dividend income came flowing in and net worth is still on the rise!

August Dividend Income

This month I received $1,959.41 in dividend income!  On average, I was paid $37.68 from 52 different payments!  This month’s dividend income is a STRONG 27.23% increase over August 2020.
That’s $419.32 more dividend income than last August!

Dividend Income - August 2021


Here is a chart of my passive dividend income progress over the last 5 years.

The dividend portfolio has been updated.

Here are the dividend stock purchases I’ve made between August 2020 and 2021 that have added to this dividend income growth.

August’s dividend income covers food, utilities and insurance for the month!

August Dividend Growth (Dividend Increases)

Here are the realized dividend increases I received this August.  Dividend growth has recently been a LOT of fun to report and August is no different.  This month we received a huge increase in dividend growth especially compared to last August!  As I mentioned earlier, this month’s dividend growth ranks in the top 3 all time dividend growth months!

This August I received 9 dividend increases! Three of the dividend increases were over 10%!

Dividend Increases - August 2021


August’s dividend increase adds a good $186 in annual dividend income. These 9 dividend increases are the equivalent of investing an extra $5,314.29 of new money at 3.5% yield!

Net Worth

Net worth continues its upward move!

Let’s do the numbers…

Net worth report - august 2021

Cash

Cash is moving lower (and will continue to) as I am transferring money out of savings and putting it to work in the market.  After canceling some trips (and getting refunds) and doing some simple addition, I realized I had/have more cash sitting than I needed.  I’ll continue to move cash into the market and plan to bring my “emergency fund” down.

Real Estate

Not a lot going on here this month.  This is one of the first months that we did nothing for the house.

For August, our electricity bill was $202 and our gas bill was $34.  The electricity bill is down about 0.50 a day and our gas bill is a lot cheaper now that we were moved to a new gas provider! That is about $20 less than last month for a total of $236.

Our rental is doing great and we received our rent check on time and zero service calls!

Wrap-up

August turned out to be a pretty fantastic month.  Dividend growth soared (with big thanks to LOW) and dividend income came in very strong as well.  It’s encouraging to compare this August to last August where I had negative dividend growth.  In fact, the last few months have been so stellar for dividend growth I have gone from a monthly dividend growth average of -$56.07 for 2020 to $90.24 for 2021!  Hopefully, this trend will continue.

I plan to keep putting as much money to work as possible.  I’ll keep funneling cash to the taxable investment account in small chunks.  I find that moving cash over in small increments helps keep me honest and keeps my itchy finger off the buy trigger.  I tend to get a little excited when I have too much cash in the investment account.

I'm a dividend growth investor who is aiming to retire early in 4 years at the age of 45. My goal is to live off the income my dividend portfolio and rental property produce exclusively and leave the corporate rat race. I hope you will join me in this journey!

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