Welcome to the September review of DivGro, my portfolio of dividend growth stocks. My goal with these reviews is to share updates to my portfolio and to detail the dividends I received during the month. I also look at how DivGro's projected annual dividend income (PADI) has changed.
In September, I added shares to one existing position, and ten DivGro stocks announced dividend increases in September. As a result, DivGro's PADI increased by about 1.1% in September. Year over year, PADI increased by 24.3%.
September is a quarter-ending month, which often produces significant dividend income totals and often new monthly records. While I received dividend income totaling $5,803 in September, it is not a new monthly record. The reason is that I received several large special dividends in January, and that monthly record of $6,023 still stands.