As we step into the latter half of 2024, it's time to reflect on the dividends received in August and how they compare to previous years. This year has been particularly interesting, with several stocks showing significant changes in their dividend payouts. Let's dive into the details and explore the trends and insights from the August dividends of 2024.
| Stock | 2020 | 2021 | 2022 | 2023 | 2024 | Difference 2024 -2023 |
| T | 104 | 109.82 | 62.1 | 33.18 | 66.36 | 33.18 |
| VZ | 16.61 | 23.17 | 49.48 | 69.71 | 85.61 | 15.9 |
| CVS | 23 | 25.54 | 28.73 | 33.66 | 38.42 | 4.76 |
| MA | 0.52 | 0.88 | 4.03 | 7.65 | 9.26 | 1.61 |
| SBUX | 11.95 | 13.29 | 18.13 | 22.53 | 29.42 | 6.89 |
| WRK | 7.05 | 8.57 | 10 | 16.1 | 18.24 | 2.14 |
| BMY | 0 | 29.4 | 48.88 | 57 | 62.81 | 5.81 |
| GD | 19.16 | 29.64 | 32.11 | 34.395 | 37.79 | 3.395 |
| ABBV | 61.36 | 74.68 | 87.3 | 96.75 | 105.35 | 8.6 |
| NNN | 3.28 | 3.75 | 4.07 | 4.39 | 4.77 | 0.38 |
| HRL | 10.96 | 11.61 | 15.7612 | 17.07 | 18.12 | 1.05 |
| SBUX | 8.83 | 9.73 | 11.74 | 13.5 | 14.8825 | 1.3825 |
| DE | 19.43 | 23.01 | 29.21 | 32.71 | 39 | 6.29 |
| AGNC | 6.17 | 6.3 | 7.39 | 8.53 | 9.92 | 1.39 |
| CAT | 52.77 | 57.11 | 63.27 | 69.83 | 77.08 | 7.25 |
| RY | 8.17 | 10.22 | 13.69 | 14.51 | 16.01 | 1.5 |
| AAPL | 82.52 | 88.71 | 93.29 | 97.91 | 102.53 | 4.62 |
| O | 6.22 | 6.33 | 7.45 | 8.06 | 10.4 | 2.34 |
| AMP | 15.71 | 17.15 | 19.28 | 21.1725 | 23.56 | 2.3875 |
| SCHW | 0 | 0 | 0 | 10.5 | 10.5 | 0 |
| PG | 20.86 | 23.09 | 26.67 | 28.17 | 30.88 | 2.71 |
| Total | 478.57 | 572 | 632.5812 | 697.3275 | 810.9125 | 113.585 |
Year-Over-Year Growth Highlights:
2020-2021 Growth: +19.54%
- The portfolio grew significantly in 2021 with dividends increasing from $478.57 to $572.00. Notable contributors like T (AT&T) and ABBV (AbbVie) helped drive this growth.
2021-2022 Growth: +10.58%
- In 2022, the portfolio saw continued growth with dividend increases across key holdings like BMY (Bristol-Myers Squibb) and CAT (Caterpillar).
2022-2023 Growth: +10.23%
- By 2023, the portfolio showed resilience with steady growth, as dividend payouts from AAPL (Apple) and PG (Procter & Gamble) increased significantly, reflecting the portfolio's stability.
2023-2024 Growth: +16.29%
- The jump in dividends from $697.33 in 2023 to $810.91 in 2024 is one of the largest gains in recent years. Strong performances from VZ (Verizon) (+$15.90), SBUX (Starbucks) (+$6.89), and CAT (Caterpillar) (+$7.25) were major contributors to this growth.
Key Dividend Performers in 2024:
- VZ (Verizon): Strong growth with a +23% increase, contributing $85.61.
- ABBV (AbbVie): Continued solid growth with an +8.89% increase, adding $105.35.
- SBUX (Starbucks): Added $29.42 with a growth of +30.6%.
- CAT (Caterpillar): An increase of +10.38% with dividends rising to $77.08.
Conclusion:
The consistent dividend growth over the last five years reflects a well-balanced and diversified portfolio. The August 2024 dividends of $810.91 show a remarkable overall growth of +69.45% compared to August 2020. Key contributors, particularly in sectors like telecommunications, healthcare, and consumer goods, have been the driving forces behind this success. As the portfolio continues to grow, the focus on high-quality dividend-paying stocks is paying off, with strong potential for continued growth in the future.
