August Dividend Income and Net Worth Report - 2022

August’s dividend income and dividend growth were incredible! On the other hand, net worth moved with the market.

August Dividend Income

This month I received $2,599.54 in dividend income! On average, I was paid $47.26 from 55 different companies! This month’s dividend income is a CRAZY 32.67% increase over August 2021. That’s $640.13 more dividend income than last August.

Dividend Income - August 2022

Date	Company	Ticker	Dividend Income
8/1/2022	JPMorgan Chase & Co	JPM	85.00
8/1/2022	CVS Health Corp	CVS	110.01
8/1/2022	AT&T Inc.	T	155.43
8/1/2022	Bristol-Myers Squibb Co	BMY	27.00
8/1/2022	General Mills, Inc.	GIS	149.48
8/3/2022	Lowe`s Companies Inc	LOW	174.30
8/4/2022	Public Storage	PSA	231.60
8/4/2022	JPMorgan Equity Premium Income ETF	JEPI	45.58
8/5/2022	Bank of New York Mellon Corp	BK	38.11
8/5/2022	Cracker Barrel Old Country Store, Inc.	CBRL	13.00
8/5/2022	General Dynamics Corporation	GD	30.24
8/5/2022	PNC Financial Services Group Inc	PNC	6.00
8/8/2022	Air Products & Chemicals, Inc.	APD	25.92
8/9/2022	Mastercard Inc	MA	21.07
8/10/2022	Carrier Global Corp	CARR	1.65
8/10/2022	American Express Company	AXP	28.91
8/11/2022	Synchrony Financial	SYF	24.15
8/11/2022	Apple Inc	AAPL	34.04
8/12/2022	Costco Wholesale Corporation	COST	36.90
8/12/2022	Clorox Co	CLX	23.60
8/15/2022	Realty Income Corp	O	95.60
8/15/2022	Stag Industrial Inc	STAG	14.60
8/15/2022	Main Street Capital Corporation	MAIN	11.83
8/15/2022	Genie Energy Ltd. PFD	GNE.A	7.17
8/15/2022	Colgate-Palmolive Company	CL	9.40
8/15/2022	Hormel Foods Corp	HRL	39.00
8/15/2022	Procter & Gamble Co	PG	65.28
8/15/2022	A O Smith Corp	AOS	19.88
8/16/2022	Texas Instruments Incorporated	TXN	67.85
8/15/2022	National Retail Properties, Inc.	NNN	89.65
8/19/2022	Unum Group	UNM	82.83
8/22/2022	British American Tobacco PLC	BTI	95.05
8/24/2022	Constellation Brands, Inc. Class A	STZ	14.40
8/24/2022	Westrock Co	WRK	6.62
8/24/2022	Fastenal Company	FAST	51.15
8/24/2022	Royal Bank of Canada	RY	48.30
8/25/2022	Southern Copper Corp	SCCO	15.00
8/25/2022	Paychex, Inc.	PAYX	23.70
8/26/2022	Citigroup Inc	C	43.35
8/26/2022	Starbucks Corporation	SBUX	65.66
8/26/2022	Nationwide Nasdaq-100 Risk-Managed Income ETF	NUSI	10.19
8/26/2022	Charles Schwab Corporation Common Stock	SCHW	35.36
8/30/2022	Global X NASDAQ 100 Covered Call ETF	QYLD	25.92
8/1/2022	Toronto-Dominion Bank	TD	6.93
8/1/2022	Verizon Communications Inc.	VZ	76.80
8/5/2022	Vodafone Group Plc	VOD	11.44
8/8/2022	Deere & Company	DE	10.17
8/15/2022	AbbVie Inc	ABBV	70.50
8/15/2022	Kinder Morgan Inc	KMI	2.78
8/15/2022	Morgan Stanley	MS	39.69
8/15/2022	Omega Healthcare Investors Inc	OHI	119.89
8/26/2022	Bank of Montreal	BMO	5.33
8/31/2022	Welltower Inc	WELL	2.44
8/19/2022	Caterpillar Inc.	CAT	50.69
8/26/2022	Invesco Preferred ETF	PGX	3.10
			∑ = 2,599.54

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 2021 and 2022 that helped fuel this month’s dividend income growth.

August’s dividend income covers most living expenses for the month.

August Dividend Growth (Dividend Increases)

Below are the realized dividend increases I received this August. Dividend growth is an extremely important metric and one of my favorite to report!

This August I received 10 dividend increases. Four of the dividend increases were over 10%!

Dividend Increases - August 2022

Name Ticker New Div Old Div % Increase Shares Addl Income
General Mills, Inc. GIS 0.54 0.51 0.059 235 28.20
Lowe`s Companies Inc LOW 1.05 0.80 0.313 166 166.00
Bank of New York Mellon Corp BK 0.37 0.34 0.088 103 12.36
Synchrony Financial SYF 0.23 0.22 0.045 105 4.20
National Retail Properties, Inc. NNN 0.55 0.53 0.038 102 8.16
Unum Group UNM 0.33 0.30 0.100 201 24.12
Charles Schwab Corporation Common Stock SCHW 0.22 0.20 0.100 155 12.40
Deere & Company DE 1.13 1.05 0.076 11 3.52
Morgan Stanley MS 0.78 0.70 0.107 56 16.80
Caterpillar Inc. CAT 1.20 1.11 0.081 40 14.40
∑ = 290.16

Name	Ticker	New Div	Old Div	% Increase	Shares	Addl Income
General Mills, Inc.	GIS	0.54	0.51	0.059	235	28.20
Lowe`s Companies Inc	LOW	1.05	0.80	0.313	166	166.00
Bank of New York Mellon Corp	BK	0.37	0.34	0.088	103	12.36
Synchrony Financial	SYF	0.23	0.22	0.045	105	4.20
National Retail Properties, Inc.	NNN	0.55	0.53	0.038	102	8.16
Unum Group	UNM	0.33	0.30	0.100	201	24.12
Charles Schwab Corporation Common Stock	SCHW	0.22	0.20	0.100	155	12.40
Deere & Company	DE	1.13	1.05	0.076	11	3.52
Morgan Stanley	MS	0.78	0.70	0.107	56	16.80
Caterpillar Inc.	CAT	1.20	1.11	0.081	40	14.40
						∑ = 290.16

August’s dividend increase adds $290.16 in annual dividend income! On top of that, August’s dividend increases are the equivalent of investing an extra $8,290.29 of new money at 3.5% yield (thanks LOW)! BOOM!

Net Worth

Net worth resumed its descent!

Let’s do the numbers…

Cash

Cash declined this month as I’ve been putting more money in the market. I’ll keep that up as much as possible.

Real Estate

In August, our electricity bill stayed exactly the same at $218 (weird) for the month and our gas bill remained about the same at $36. That totals to $254 again. August wasn’t crazy hot, not sure where the electricity went this month.

Our new rent rate kicked in and we are still way under market. The good news is rent came in on time, and no service calls.

Wrap-up

August was a surprising month of some huge dividend income and dividend growth. I am extremely pleased with the outcome. Hopefully, next month will be even better (I already know it will)! 🙂

I will continue to invest every month, and will work to put extra money to work if the market drops substantially.

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August Dividend Income and Net Worth Report – 2022