August 2021 Dividend Income Report - $1.84

Updated: 1 September, 2021 seen 166

Welcome to the fifty-second (#52) dividend income report, covering earnings I've made from dividend-paying stocks in August 2021.

The last August we spent in Georgia and did a few nice road trips across the country. For the first time, we had camping in a tent (just for a few hours) at the Lagodekhi nature reserve.

Ampelo Resort Kardenakhi
Ampelo Resort Kardenakhi

From the perspective of dividend income - Last August was the lowest since we started this dividend journey back in 2017. 

In total, I took just shy $1.84  in dividend income last month. Which is still quite awesome, for doing nothing, just holding stakes at great companies (y).

Back in July, I decided to start it over and build a dividend-paying stock portfolio from scratch, I sold all existing positions, kept some cash, and started selling credit spreads to generate income, which is used to buy these stocks. 

An additional $1,469 was made from options trading.  

As options trading is not a passive form of making money while you are sleeping it wouldn't be fair to include them in dividend income reports.

Subscribe to the newsletter and learn more about my options trades.

Dividend income in August 2021

From the dividend stocks I got the following income last month:

AWP $1.84

Total: $1.84

Just once dividend stock paid us dividends and it was the AWP stock. AWP is a monthly dividend stock, so i will hold in a portfolio until it will be able to generate better returns. 

Stock Buys

Last month I bought 6 PFE, 17 AWP, 3 INTC, 6 ARCC, and 3 WBA stocks. These buys will greatly contribute to the dividend income in March, June, September, and December months.

Trailing twelve months value

At the end of August 2021, my projected trailing twelve-month dividend value stood at $7.36. It translates to about $88.33 annual dividend income or $0.24 daily dividend income.

The average monthly old-age pension in Latvia is EUR 365 ($431.24). At the end of July, my average monthly dividend income stood at 1.7% level from the average old-age pension in Latvia. 

Goals for August 2022

When looking at August 2022, I will be quite optimistic and say USD 60 is what I'm looking at.