2016-08 Dividend Income Report

Here is the dividend income report for August, 2016.

The monthly dividend income came out to $522.20. The yearly income total for 2016 through the end of the month was $3539.84.

The income for August, 2015 was $406.45, and the yearly income for 2015 through the end of August was $3084.90.

I am still on track to make more than I did last year, but not by much. The rate of increase is already slowing. I bought TXN in January, and more ADP and EMR in late June. It will take awhile for the second two to have a big effect. So I think 2016 will be my second-best year for dividend income. Before I started DGI (dividend growth investing), my second best year for dividend income was 2008, when funds in my then-employer’s 401(k) made $5420.86. I beat that last year by making $5472.07. The best year so far was 2007, when I made $6575.54. I do not think I will beat that this year.

It might be awhile before I set a new record. I am thinking about reducing my exposure to oil companies and increasing my exposure to water utilities. I think water utitlies are a better bet going forward, but they have lower yields.

I am still debating whether I should buy new companies, or buy more of what I have until I get everything I own up to 100 shares.

Here is a table with the year-to-date amounts, the monthly amounts, and the three- and twelve-month moving averages for each August from 2011 through 2016:

Here are the stocks and the income amounts for August, 2016:

• ABM Industries Inc: $9.46
• AT&T: $49.75
• Verizon: $58.36
• WGL Holdings Inc: $16.93
• Lowe’s Cos Inc: $19.15
• Vodafone: $33.25
• Air Products & Chemicals Inc: $56.95
• Clorox Co: $46.28
• Colgate-Palmolive: $43.62
• Hormel Foods Corp: $14.12
• Northwest Natural Gas Co: $28.59
• Procter & Gamble: $40.18
• Texas Instruments: $40.90
• Eaton Corporation: $64.66

Painting “Money” by František Kupka, image from Wikiart, assumed allowed under Fair Use.

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