More Dividends Update from August 2016

To start with I want to wish everyone a Happy Labor Day. I hope everyone is enjoying their time off to spend with friends and family. August has been a very busy month for me. I have been able to accomplish some of my goals but have fell short on others but this doesn’t mean I am going to quit. I will continue to set goals and strive to accomplish them. The blog has been growing nicely and I appreciate all of the engagement that I receive everyone. I have updated the Dividend Income and Portfolio pages so that they are all current.. Well let’s go ahead and break down the month of August and see how it turned out.

Additions

August has seen some new positions to my holdings as well as building up some of the existing positions. I think these additions fit well into my current portfolio and allow me some more diversification by sector.

Flowers Foods (FLO) – 32 shares with a cost basis of $500.31 ($10.24 in dividend income for 2016)

Apple Inc. (AAPL) – 1.1433 shares with a cost basis of $126.00 ($0.67 in dividend income for 2016)

Coca Cola (KO) – 4.4092 shares with a cost basis of $176.00 ($1.33 in dividend income for 2016)

Kroger (KR) – 3 shares with a cost basis of $97.97 ($0.36 in dividend income for 2016)

This will add $12.60 to Dividend Income for the year.
I know that these look like small additions in Dividend Income but you have to remember that most if not all of these companies will only pay out one more dividend during 2016. The impact of these late in the year additions will really show at the beginning of next year when I project the Dividend Income for 2017.

Dividends Received

During the month of August I received several dividend payments from a couple of companies. This month definitely looked a little better than last month.

Apple (AAPL) – $0.55

Omega Healthcare Investors (OHI) – $9.60 – Reinvested

WestRock (WRK) – $5.25 – Reinvested

August was the second month of Q3 and accounted for $15.40 of my 2016 Dividend Income.

So far my dividends received looks like this

Dividends Received By Year

Amazing results with 710% YoY growth. I have shown in the image below though that the growth was created by new capital used to purchase more stocks. Plus it’s not hard to have great growth that was when your initial amount is $1.90 but hey we all have to start somewhere!

Dividend Increases

During the month of August I did receive a dividend increase. The thing with this particular increase is that it is actually the first dividend that I have received from the company. Regardless, before I purchased the stock I had factored in for a certain amount of dividend…. and then immediately I am given more money for a dividend than I originally planned for. This is always a welcomed surprise now let’s see the increase.

Omega Healthcare Investors (OHI) – $0.58 to $0.60 – 3.4% Increase

Current Portfolio

Something that I have decided to add to my monthly updates is a snapshot of what my Portfolio looks like at the time of the update. So here is the breakdown of my Portfolio.

Portfolio Allocation

With the addition of Flower Foods to my portfolio plus with the accumulation of more Coca Cola stocks it has led to Consumer Goods moving up to be tied for second with Retail as far as capital allocation is concerned. Now let’s take a look at how the allocation looks for the More Dividends Portfolio.

Seeking Alpha Articles

Despite my goal of publishing 2 articles on Seeking Alpha, unfortunately during the month of August I did not submit any articles to be published on Seeking Alpha. I am hoping to get back on track during the month of September and publish some articles on Seeking Alpha.

MoreDividends.com Articles

Here are the articles that I posted on here this month. This is another area that I am looking to add more content to during the next month.

MoreDividends Update – July 2016
Goals – August 2016
Watch List – SBUX, V and KR
Recent Buy – Flowers Foods
Recent Buyus – KR and AAPL
Robin Hood Review

Goals for August

Some of my goals I was able to accomplish and some of my goals I fell short on. I have no excuses good excuses for this but only reasons. I will continue to set goals for myself moving forward and continue to strive and to try and accomplish all of my goals that I set every month.

$500 added to the portfolio

8 post made to the blog (which would be a new high)

2 articles published on Seeking Alpha

250 organic followers on Twitter

25 active members joined in the forums

1,000 unique visitors to the site

Conclusion

The month of August has been very interesting for me. I wasn’t able to accomplish everything that I had set out to accomplish on my goals but I was able to add a lot of new capital into my portfolio. Some great additions to my portfolio, some dividend increases, and some dividend payments that I received and reinvested will allow for me to set up my portfolio for a lot of future success. Moving forward I am going to really strive to accomplish more of my goals so that I can reach financial independence that much sooner.

I look forward to reading all the comments and questions related to this update. Until then happy investing.