Dividends: I received a total of $195.31 in dividends from the following stocks:
- ABT: $22.95
- GD: $10.20
- GIS: $23.10
- HRL: $7.50
- PG: $28.10
- T: $24.20
- VOD: $79.26
Dividend Increases: I was pleased to see dividend increases announced for two of my stocks (click on each stock to see my post about the increase):
Stock Splits: Coca-Cola (KO) had a 2-for-1 stock split in August, so I now own 60 shares. It was the 11th split in the stock's history and the first in 16 years.
Savings: This month I saved $1,048 (35.2%) of my net income, which results in year-to-date savings of $10,980 and puts me 91.5% of the way toward my goal of $12,000 in savings for 2012. The below-average savings occurred because of travel costs, partly from my road trip to visit friends at the start of August, but mainly for a flight to visit my family at Christmas, which I decided to book well in advance. All of my family and a few close friends live about 2,000 miles away from me, and the travel burden (including its cost) usually falls on me. I currently do not have any additional travel plans for the rest of the year except for a work-related trip in November, but I will get fully reimbursed for that.
Transactions: I did not buy any stocks this month. I also did not sell any stocks for the 8th consecutive month.
Portfolio: My portfolio currently consists of 22 stocks and has a market value of $59,044.02 (including cash), which is a 4.4% increase over last month's value. About 80% of the increase came from new capital and the rest was due to capital gains and dividends.
Seeking Alpha: I published one new article on the investing website Seeking Alpha (click on the title to go to the article):
Looking Ahead: September will be a solid month for dividends, although not as high as in August. My savings rate should also be pretty good. Due to my lack of purchases during the summer, I have a fair amount of cash on hand. Once I add the new capital from my August savings, I will have enough cash to make at least three purchases. I keep wondering whether a broad market correction is likely in the near future, which makes me hesitant to take any immediate action, but I realize I am running the risk of trying to time the market. For that reason, regardless of what the market does, I will continue to focus on the valuations of individual stocks and be ready to take advantage of any dips.