August 2016 Income

In total, I received $278.82 in dividends for August 2016. Due to dividend cuts from KKR and KMI, I actually dropped substantially this month (first time that has happened!). Last August I received $414.84. The loss of KMI cut out about $89 this month and KKR dropped it by another $50. The rest came from selling some AAPL ($70 less in dividends this quarter from last quarter).

So far I’ve received $2,877.46 in 2016. Despite the dividend cuts, this is $242 ahead of last year’s dividend income…not too shabby!

I also finally got paid so will be making some purchases soon-ish. Just need to find something that is cheap in this market!

Options: No current open options, though I am planning on opening some new ones soon.

Symbol Dividend Amount
AAPL $104.10
CAT $40.71
KKR $38.58
O $11.00
RY $33.13
T $51.30

Total option income for August 2016: $0
Total cumulative option income for 2016: $488.96

Lending Club interest for August 2016: $20.31
Cumulative Lending Club interest for 2016: $157.60


Total dividends for August 2016: $278.82
Total cumulative dividend income for 2016: $2877.46
Total cumulative passive income for 2016 (dividends, interest, options): $3366.42
Forward 12-Month Dividends: $4,643.27


Full disclosure: Long all the above stocks

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12 Responses

  1. Divi Cents says:

    $278 is a great haul. Keep up the good work!
    Divi Cents recently posted…AUGUST DIVIDENDSMy Profile

  2. Doug says:

    Good job even with the cuts any time you can get a gain is awesome.
    Doug recently posted…September watchlistMy Profile

  3. Keep it up Scott. You’re doing awesome bud.
    Just keep at it and don’t let this little setback keep you back. Look towards the future and tomorrow and you can only move higher and higher. I’m sure of it.
    Cheers and thanks for sharing. Take care bro.

  4. Scott.. Awesome month. Who gives a F**** about KMI….kidding, we were all bit by that one. The good news is that the bad news is in the past and you have so much good news to look forward to in the future. After all, you already crossed your dividend income total from last year….BOOM! Keep chugging away and keep on plugging.

    Bert

  5. FerdiS says:

    It really sucks when you get dividend cuts. Nevertheless, close to $300 in dividend income is great — congratulations!
    FerdiS recently posted…Monthly Review: August 2016My Profile

    • scott says:

      Thanks for commenting, FerdiS. I’m hoping that from now on each month year-over-year will show at least small gains. In the meantime, I’ll be taking your route and selling puts and calls to gain some extra income.

  6. DivHut says:

    Great results for the month of August. Happy to see some regular posts coming in now. Those results are not too shabby indeed. Nice to see a couple names in common paying us for the month. Looks like AAPL is your heavy lifter. Any plans to level off your passive income stream going forward so you aren’t too reliant on just a handful of stocks for most of your income. Thanks for sharing.
    DivHut recently posted…Dividend Income Update August 2016My Profile

  1. September 10, 2016

    […] Two Investing – $278.82 –  Despite a minor pullback from last year because of infamous KMI dividend cut.  However, as we mentioned above, the dividend will once in a much safer manner going forward (hopefully).  Regardless of the pullback, a huge shout out to officially receiving more dividend income to date in 2016 than you did last year.  That’s a true measuring stick and you crushed it! […]

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