TORONTO, August 31, 2019 – RTC (REVERSE THE CRUSH or www.reversethecrush.com) announced today its dividend income results for the month of August that ended on August 31, 2019. This is Dividend income update 27.
August 2019 Highlights
- $36.57 was received in August 2019.
- 86.77% year over year growth compared to August 2018.
- $332.96 has been earned YTD (January to August 2019).
- Position details and dividend payments from individual companies are available for the first time!
- This is dividend income update 27 on the way to FI.
Ola, Investors!
We are excited to announce that dividend income picked up exactly where it left off before last month’s blunder.
$36.57 was received in August 2019. This represents an 86.77% YoY earnings increase when compared to August 2018.
In total, the portfolio has generated $332.96 in 2019, which is only $57.23 less than last year’s total income. This should easily be surpassed by September.
In addition to the good news regarding the dividend business, this is also the first report detailing which companies paid!
Introducing…
Dividend Income Earnings Breakdown
6 Companies paid dividends in August:
(RY) 20 Shares RBC Royal Bank : $20.40
(SRV.UN) 65 SIR Royalty Income Fund Units: $6.83
(REI.UN) 40 RIOCAN Real Estate Investment Trust Units: $4.80
(T) 7 AT&T Shares: $3.57
(AAPL) 1 Apple Share: $0.77
(VCI) 4 Shares Vitreous Glass Inc: $0.20
Total dividend Income generated in August 2019: $36.57
Key Numbers| YoY Earnings | Dividend Income Update # 27 | August 2019
Dividend income earned in August 2019: $36.57
Total 2019 Year to date dividend income is now: $332.96
Total dividend income in August 2018: $19.58
YoY earnings increase compared to August 2018: 86.77% (Up $16.99)
How many stocks paid dividends in August 2019: 6 (Down 1 since last year)
Besides that, the portfolio’s pace is picking up in 2019: $111.67 more has been earned compared to last year by the same point.
Portfolio Manager Commentary
It was great to get back on track for this year’s target.
I was happy with the 86% year over year growth rate, and I’m glad that I can finally discuss the portfolio in more detail.
I thought about keeping it private or making it an e-mail subscription only option, however, revealing the portfolio makes dividend investing easier to understand. Now it’s possible to know how many shares are required to earn passive dividend income.
On the other hand, more experienced investors can view my core positions and understand how the portfolio is being managed. In turn, it could open up opportunities for discussion and improved portfolio management overall.
For this particular report, I would like to point out that my core position is Royal Bank. I plan to add to this position over time, as I wouldn’t mind it being as large as $5,000 to $10,000. I also plan to build up the smaller positions.
Concluding Thoughts – Dividend Income Update 27
Based on the projections, last year’s dividend income total should easily be surpassed by the end of September 2019.
In fact, September could end up being a record month for dividend income…
Even though dividend income is not enough to be financially independent yet, small amounts of income are helping me afford a more flexible lifestyle.
Questions: How was your dividend income in August 2019? Do we own any of the same companies?
I am not a licensed investment or tax adviser. All opinions are my own. This post contains advertisements by Google Adsense. This post also contains internal links, affiliate links, and links to RTC social media accounts.
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Email: graham@reversethecrush.com
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