I would like to inform all my loyal readers of my August 2015 dividend income. This is something that interests most investors along with dividend growth. I only hold 3 dividend stocks and one pays dividends in July, one in August and one in September.
National Grid was August dividend payer and paid me for holding 50 shares on ex dividend date. I received £14.08 in dividend income and £8.85 of this was subsequently reinvested into another National Grid share with the remainder of the money going into my trading account.
I topped up my National Grid shares recently and now hold 97 of this particular stock which means my dividend income will be higher in 2016. The stock has been volatile of late and I might buy more of it should the price dip below £8.40 a share.
How was your August dividend income?