August has come to an end so it is time for another update. August is a down month for dividends and options trading was significantly down this month. Let’s take a look at how much dividends and options premium I received for August.
For the month, I received a total of $333.71 in dividends. This is a slight increase over August 2022 when I received $320.43 in dividends. This is a 4.14% increase year over year.
Options premium received in August was not very good, totaling $60.55. Below is chart of all the options trades I made in August.
| Ticker | call/put | strike | expiration | premium | date |
| VZ | c | 34.5 | 8/11/23 | $2.82 | 8/4/23 |
| T | c | 15.5 | 8/25/23 | $2.82 | 8/4/23 |
| CWH | c | 30 | 8/18/23 | $19.32 | 8/4/23 |
| VZ | c | 34.5 | 8/18/23 | $1.87 | 8/16/23 |
| MPW | 2c | 9 | 8/25/23 | $3.74 | 8/16/23 |
| MPW | 2c roth | 9 | 8/25/23 | $3.74 | 8/16/23 |
| SIRI | p close | 4.5 | 8/18/23 | -$3.03 | 8/18/23 |
| SIRI | p | 4.5 | 8/25/23 | $10.42 | 8/18/23 |
| O | c | 62.5 | 9/15/23 | $4.72 | 8/25/23 |
| CWH | c | 29 | 9/1/23 | $4.72 | 8/25/23 |
| VZ | c | 35 | 9/1/23 | $1.87 | 8/25/23 |
| SIRI | c | 4.5 | 9/15/23 | $5.67 | 8/28/23 |
| T | c | 16 | 8/30/23 | $1.87 | 8/30/23 |
The total amount of income produce from my accounts for August was $406.03. This includes dividends, options premium, and interest. The previous two months were really good months for income. While this month was down significantly, I expect to see the income rebound in September.
While August was a down month, it was still good to my dividends grow year over year. This is encouraging and let’s me know I am on the right path. As always, I will continue to invest and reinvest the dividends and options premium. Following this plan will allow the income from my accounts to grow. One day it will be enough to cover my expenses and allow me to retire. Thanks for following along!
*Disclaimer – I am not a financial professional. The information shared here should not be considered financial advice. I am just a factory worker sharing my experience as I strive to achieve financial freedom. Before investing or making any financial decision do your own research and due diligence or consider seeking the advice of a financial and/or tax professional.
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