Dividend Meter > Articles by: Meter Man
August was a quiet month for the Dividend Meter portfolio; so this update will be brief. Two dividend increases and an additional purchase of Discover Financial Services (DFS) with accumulated cash dividends raised total annual income by $31.10:
|Date||Total Annual Dividends||Notes|
|8/22/2017||$8,271.98||With approximately $540 in accumulated cash dividends in IRA Rollover, bought 9 shares of DFS at $59.25 per share, raises meter reading $12.60|
|8/16/2017||$8,259.38||FAF dividend increase, raises meter reading $16.00|
|8/2/2017||$8,243.38||AWR dividend increase, raises meter reading $2.50|
Barring any major trades, the month of September may be similar to August, with a planned purchase of more shares of DFS with any incoming dividends (if Discover’s stock price stays anywhere below $63.50, or a dividend yield above 2.2%). In September, dividend increase announcements are expected from Verizon (VZ), Starbucks (SBUX), and OGE Energy Corporation (OGE).
To all who labor, I hope you get to enjoy a nice long Labor Day weekend.