Sep 01 2017

Dividend Income Report for August 2017

Wow! August is over and the end of summer is drawing nigh as the days are slowly becoming shorter and the weather just a little bit cooler! It’s been a somewhat busy month for us, with the patio extension project we’ve been working on (still not done), plus a short pleasant vacation in central Oregon.

Well, let’s do the numbers and see how August’s dividend income shaped up:

AWP $ 45.00
BGY $ 38.00*
CHW $ 21.00*
CIK $ 22.00*
CLM $ 46.52*
DHY $ 38.50
DMF $ 12.30
DSM $ 22.83
EAD $ 9.57
EDF $ 45.00*
EHI $ 27.00
EXG $114.00*
FGB $131.25
NCV $ 45.50
OIA $ 4.30
PFN $ 36.00
RA $ 69.85
VFL $ 15.00
WDR $138.00
ZTR $ 33.90
TOTAL $915.52

* Includes Return of Capital

I don’t believe it. I finally had a $900+ month! Yeah!! <fist pump> If all goes well, I may break $900 again next November (when FGB and WDR pay out in Q4). Breaking $1000 is my next major milestone, and it probably won’t happen this year but it seems highly likely in 2018. Wow!

However, there is a bit of bad news. Tix Corp. (OTCMKTS:TIXC) has suspended dividend payouts, so I can’t count on any quarterly dividend payouts for the foreseeable future. This will reduce my projected monthly dividend income by $5.50, which is a modest nick at worst. This isn’t much of a surprise, as the yield was insanely high and I suspected the dividend would be cut soon. But unlike my other dividend investments, I bought into TIXC for capital gains not its dividend. I will continue to hold TIXC and time will tell how this investment plays out.

In August, I didn’t make any stock buys, as I want to let the cash build up. Plus the market is doing so good right now that bargains are difficult to find, so I’m just going to wait until the market has a bad day and seize the opportunities that appear.

Needless to say, August was a damn good month. Not only did I have another record breaking month, I broke the $900 “barrier” for the first time. Awesomeness!

Image Credit: jarmoluk (pixabay.com)


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