I can’t believe August is over already! And with it Summer is just about over as well. Temperatures are slowly starting to cool down and with having to be outside at work everyday, I’m definitely not complaining about that!
It looks like stocks are finally starting to drop some. This is the first time since I’ve started investing that I’ve been in the red for the month. I ended up being down 1.53% and lost $507.90. Gotta take the good with the bad!
I purchased 7 shares of Anheuser Busch (BUD) this month and I’m very happy with the buy. Though there are some disadvantages for me to hold a Belgian stock I’m certainly okay with this one. With the largest beer manufacturer in the world this is definitely a solid company. People drink when they are happy, sad and everything in between so I don’t see this company or there dividend going anywhere anytime soon. I also purchased 14 shares of Hormel Foods (HRL).
Dover (DOV) also increased their dividend from $0.42 to $0.44 so I gained another $1.36 per year from that.
After August, I’m up $3,143.24 (10.64%) for the year. This is down from last month but I’m not dwelling on it too much. Stocks are starting to drop some which is fine with me!
I received $96.28 in dividends this month bringing my yearly total to $460.99! This was my second best month for dividends to date! My end of year goal is to average $100/month from dividends so I was extremely close this month, no complaints!
With the addition of Anheuser Busch and Hormel to my portfolio and the dividend increase from Dover I have increased my yearly dividends by $41.16 this month! My average yield after this month is 3.98%, still hovering right around that 4% number that I’m striving for.
The two acquisitions and the dividend increase from DOV have brought my annual dividends up to $1,176.91! I’m just $23 short of my yearly goal of $1,200 per year in dividends! I think next month I should be able to increase my dividends by at least that much to surpass my goal. Things can only get better from here!
How did your portfolio do in August?