You are currently viewing Dividend Income Report: August 2019

August is done, and summer 2019 is certainly winding down. The days are getting shorter and I’m noticing fallen leaves on the ground that weren’t there a couple weeks ago. Autumn is coming. For me, August has been a so-so month. Nothing really great was accomplished, and nothing bad happened either.

It’s nice knowing that regardless of what I do, the dividend income just keeps rolling in. So let’s get down to business and do the numbers for August:

AWP $ 44.00
BGY $ 33.80
CHW $ 21.00*
CIK $ 22.50*
CLM $ 46.19*
DHY $ 33.25
DSM $ 19.25
EAD $ 9.44
EDF $ 45.00*
EHI $ 25.20
EXG $ 92.40*
FGB $148.75
NCV $ 36.75
OHI $148.50
PFN $ 36.00
RA $ 69.85
ZTR $ 33.90
TOTAL $865.78 est.

* Includes Return of Capital

Not bad. However considering how I’ve done better in the 2nd month of the quarter this year (February: $909.44, May: $896.78), it’s clear that each quarter’s 2nd month is downward trending. So this is certainly something to be somewhat concerning. I say “somewhat” because while the 2nd month may be trending down, the 3rd month is anticipated to rise given the investments I’ve been making in the past couple months.

Well, there was a dividend cut this month, and wasn’t some little nick. AWP slashed its dividend 20% from 5 cents per share to 4. So instead of AWP bringing in $55.00 every month, it will bring in $44.00 instead. So my projected average monthly dividend income just took a -$11.00/month hit. Ouch! That certainly cuts into the gains I’ve been making with my recent investments. Grrrrr!

Other than the above dividend cut, August was uneventful with the expected dividend payouts rolling in (except for AWP) as expected.

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