Time and life seem to be flying by as we come to the end of summer and the beginning of football season. I am a huge football fan (as I type this watching the Stanford/ USC game) and my wife likes to joke that she loses her husband for 6 months during the season.
August was a good month as we celebrated my son's second birthday. September will be extra special as we will be welcoming #2- a little girl- into the world towards the end of the month.
Keep plugging along with my investments and building my passive income. I need to! Raising kids in Southern California is expensive!
Anyways, I didn't post an
July update so here is a quick summary:
- Dividends received $691.13: $292.64 PM, $204.95 GE, $177.67 MO, $15.87 IDGTX
- Purchases $1725: $400 PM at $85.31, $350 MCD at $96.12, $275 GE at $26.19, $250 ACN at $80.33, $225 KMR at $77.32, $125 PG at $79.30, $100 AFL at $62.81,
- $2416 in total new capital including reinvested dividends
- Dividend increases +$38.59
- Annualized dividend income increased $140 from $13,313 to $13,253
- Lending Club & interest income $286.98
- Total passive income $978.11
Now for the
August numbers:
Dividends Received
Total dividends received during the month were
$925.34
- KMR $247.53
- KMI $148.96
- ABBV $119.57
- PG $96.31
- CAT $80.65
- PAYX $55.77
- AAPL $51.35
- VZ $45.09
- ABT $61.02
- CLX $18.82
Purchases
This months purchases ($2450):
- $1000 of MCD at $94.07. Yield 3.45%
- $600 of AFL at $59.64. Yield 2.48%
- $350 of PM at $83.02. Yield 4.53%
- $350 of CVX at $127.89. Yield 3.35%
- $150 of V at $209.82. Yield .76%.
Also reinvested all dividends.
$3,375 in total new capital added (including reinvested dividends) with
initial yield of 3.48%.
Dividend Increases
- BBL 5.1% raise. +$31.63 annual income.
- BHP 5.1% raise. +$3.69 annual income.
- MO 8.3% raise. +$59.89 annual income.
Annualized Dividend Income
All together, annualized dividend income increased by
$213 from last months total of $13,253 to $13,465. This means my dividend stocks will pay $13,465 in dividends over the next 12 months.
Other
- Lending Club interest received: $226.22
- Bank interest received: $39.63
Total passive income: $1,191.19.
Note: YTD have brought home $7,845 in dividend income and $9,675 in total passive income. Look to be on track to hit my 2014 goal of $14,500 passive income.