I received $231.88 in taxable December 2018 dividend income. This crushed my previous best month. Can’t believe I am into the $200’s!
December is always a favorite month for DGI investors. I may not be over $200 again until December 2019, but hopefully this is a sign of good things to come!
No major new contributions this month. I mentioned I have a layoff coming in my near future. I’ll hold contributions until things stabilize, but I will continue reinvesting dividends. I’ll have to let reinvestments and dividend raises carry the weight for now.
December 2018 Dividend Growth
Some nice increases from V and MCD! I love those two brand names. MSFT continues to be my largest single stock holding and rewarded my with a nearly 10% increase as well.
VTI’s trailing average dividend payment increased a whopping 6.2% this quarter. I don’t expect this kind of dividend growth from a total stock market index fund every quarter. In fact, I think there will be quarters where the trailing average dips a bit. Nevertheless, I am very happy with their last four quarterly payouts.
December 2018 Forward Dividend Income
The light gray shaded background remained level this month because I made no new contributions. The green shade increased, adding $25 to my forward annual dividend income thanks to dividend increases.
My annual round up of total forward dividend income slowed in 2018 compared to previous years. I had less capital to contribute thanks to saving for two major home improvements, a wedding, and now an impending layoff. On the plus side, I saved a nice pile of cash to get me through without touching my portfolio.
I do like to see that dividend raises/reinvestments generated future annual income of $91 in 2017, and $178 in 2018.
December 2018 Purchases – CSCO, SBUX, RSG, VTI
These purchases were funded fully with dividend reinvestments.
1 share of Republic Services @ $76.59/share
RSG is a competitor with better-known Waste Management. It might not be a glamorous business, but waste and garbage are going to continue to pile up!
1 share of Starbucks @ $66.61/share
I missed the flash sale back in July, but decided SBUX deserves a little more space in my portfolio.
1 share of Cisco (CSCO) @ $44.34/share
CSCO continues to be one of my best-performing stocks. Almost my entire 14 shares are thanks to reinvested dividends.
0.78 shares of Vanguard Total Stock Index (VTI) @ $127.28/share
This is just thanks to automatic reinvestment, but it won’t be long until I’m adding a full share every quarter automatically!
Head on over to my portfolio page if you’d like to see what companies pay me in other months!