December 2018 Dividend Update

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

Gray bars show future dividends from this month’s new contributions. Red bars show future dividends from this month’s raises and reinvestments.

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!

4 thoughts on “December 2018 Dividend Update

  1. Awesome work blasting through the $200 mark, Dozer. It was quite the step up.
    Sorry, to hear the employment situation is unsettled, but you’ll have the reinvestments and raises to keep working for you while you pause the new capital investment.
    A great list of dividend payers you have. I’m happy to report I was able to add MMM to my portfolio recently, thus I won’t have to be as envious of your holdings as I normally am. 😋 I’d like to make room for BA and MSFT someday, too.

  2. Great stuff Dozer, congrats on being in the 200-range 🙂

    Love the way you are accumulating shares piece by piece, thats show determination and grit. Keep it up!

  3. Looking good got some good raises and reinvested some dividends. and you have a nice assortment of dividends rolling in. im sure you will hit $200 again possibly before next DEC

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