Dividend Income - August 2024

 

As the third quarter of the year approaches its end, it's time to report my dividend income for August. In August 2024, my dividend income was as follows:

My Total dividends in August are €1,769.44 ($1,940.01). After taxes, my net dividend income is €1,312.26 ($1,407.48). In year 2023, my net dividend income in August was €1,192.58 ($1,306.02). My portfolio's net dividend income increased by €119.68 or 10.0% to compared the same month of previous year. Compared to the previous year, there have been several changes to the dividend income of August. In 2023, AD and NN paid its quarterly dividend in September, this year in August. One new dividend payer have joined to the portfolio, namely JGPI.DE, while MED has left it, additional purchase such VZ, BMY, SBUX and O. Compared to a year ago, the holdings also included some reasonable dividend increases like CVS, ETN and UNM, but unfortunately also dividend cuts from SDIV.

This net passive income of €1,312.26 means that I received €42.33 every day or €1.76 every hour during August, regardless of what I did. Until the end of August, the corresponding amounts are comfortable €62.38 per day and €2.60 per hour.

This month's dividend increased my cumulative net dividend income € 171,587.78.

Net income / expenditure

• Net passive income for August was €1,312.26, and by the end of August it totalled €15,220.05.

• Total expenditure for August was €1,849.22, and by the end of August it totalled €9,626.24.

• The result for August was €-536.96, and by the end of August it totalled €5,593.81

I have now collected 64.8% of my target net passive income for this year, which is €23,500.00.

You can follow the development of my dividends here.

Full Disclosure: Long on above mentioned stocks, except MED.

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