The start of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. August was exciting as ever as my year over year numbers continue to highlight the trifecta magic of dividend investing which includes, adding fresh capital, dividend raises and basic compounding to create an ever-increasing passive income stream. Even if I stopped adding fresh capital today and every dividend stock I owned kept all distributions flat, without a single raise, my passive income stream would continue to grow. With that being said, let’s take a look back at my August 2018 dividend income.
Dividend income from my taxable account totaled $383.68 up from $320.16 an increase of 19.8% from August of last year.
Dividend income from my ROTH account totaled $252.05 up from $215.43 an increase of 17.0% from this time last year.
Dividend income from my IRA account totaled $170.45 up from $122.63 from this time last year, an increase of 39.0%.
Grand total for the month of August: $806.18 an increase of 22.5% from August 2017.
Brokerage Account
Year to date dividends: $3,524.63
