I received a total of $174.32 in dividends in my FI portfolio in August, bringing the annual total to $1,296.35. This was a over an 1100% increase from August 2012 and just over a 200% increase from May 2013. Now if only I could find a way to consistently have increases like that. I know they're going to be coming down going forward but it's still great to see how far I've come in just 3 months and one years time. Unfortunately none of the companies I own in my Roth IRA paid any dividends during August. I know the percentage increases will only be heading lower but as long as steady progress is being made I'm happy. So far in 2013 I've received $113.72 in dividends in my Roth IRA.
My goal for 2013 was to receive $2,750 in combined dividends and option income. While I'm going to blow past that goal, thanks to my option income outpacing my dividend income so far, I'm still holding out hope that I'll be able to hit that mark in just dividends. Without any further investment or dividend increases I should receive around $2,450 this year in dividends. That leaves me about $300 short which will be hard to make up since I'll receive just one dividend payment from any new purchases. I'll still shoot for it but I won't go chasing yield or dividend payments. I'm still going to stick with trying to buy quality companies at fair prices.
My FI Portfolio's forward 12-month dividends are now at $2,917.55, which is actually lower than at the end of July thanks to selling off some more shares of Halliburton. This is 83.36% of the way towards my goal of reaching $3,500 by the end of 2013. In order to reach my goal I'll have to invest around $18k over the last 4 months of the year at an average yield of 3.25%. Given the new budget due to the house purchase that might end up being a bit of a stretch. There were no new purchases in my Roth IRA so my forward 12-month dividends are still at $222.47.
|Company||Dividend Amount||DRIP Shares|
|Proctor & Gamble (PG)||$18.34||0.225|
|Kinder Morgan, Inc (KMI)||$51.39||1.375|
|Air Products & Chemicals (APD)||$12.78||0.120|
|Realty Income (O)||$4.36||0.101|
I've updated my Dividend Income page to reflect August's changes.
How did your dividends do in August?