August 2024 Dividends Analysis: A Remarkable Peak in Dividend Income

 This month’s total dividends reached an impressive $810.91, reflecting a significant +16.27% increase compared to the previous year.

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

Key Highlights

1. AT&T (T): A Remarkable Recovery

   • 2023: $33.18
   • 2024: $66.36 (+100.1%)
   • AT&T’s dividends saw a dramatic recovery, doubling its payout from the previous year. This impressive increase is a positive signal of the company’s renewed financial stability and commitment to shareholders.

2. Verizon (VZ): Consistent Growth

   • 2023: $69.71
   • 2024: $85.61 (+22.81%)
   • Verizon continued its trend of reliable dividend growth, with a notable increase of +22.81%. This steady performance reinforces Verizon’s role as a strong, stable income generator in the portfolio.

3. Starbucks (SBUX): Exceptional Performance

   • 2023: $22.53
   • 2024: $29.42 (+30.6%)
   • Starbucks delivered one of the most significant increases of the month, with a +30.6% rise in dividends. This boost reflects the company's strong operational performance and its commitment to rewarding investors.

4. AbbVie (ABBV): Steady and Strong

   • 2023: $96.75
   • 2024: $105.35 (+8.9%)
   • AbbVie’s dividends grew by +8.9%, maintaining its status as a reliable dividend payer. This consistent growth showcases AbbVie’s robust financial health and its dedication to delivering value to shareholders.

5. Caterpillar (CAT): Robust Growth

• 2023: $69.83
• 2024: $77.08 (+10.3%)
• Caterpillar’s dividend increase of +10.3% underscores its continued success in the industrial sector, contributing positively to the overall portfolio performance.

2024 Year-to-Date (YTD) Dividend Summary

As of August 2024, your total dividends received stand at $10,474.20. Your goal for the year is to reach $19,500 in total dividends, putting you at 53.71% of your target.

Here’s a breakdown of your progress so far:

Year	YTD Dividends	Goal	Progress (%)
2024	$10,474.20	$19,500	53.71%

Key Observations:

• Strong Start: With just over half of the year completed, you've already achieved more than 50% of your annual goal.
• Momentum: The significant dividend payouts in March and June have contributed to your strong year-to-date progress. August’s growth further bolstered this, pushing your YTD total past the halfway mark.

Focus for the Remaining Months:

With four months remaining, maintaining or increasing the current dividend momentum will be crucial to reaching your goal of $19,500. If your portfolio continues growing at the current pace, you’re well-positioned to exceed your target for 2024.