November 2019 Dividend Income

I received $103.41 in taxable November 2019 dividend income. Not bad! These are all the same payers as one year ago, but new purchases and raises have bumped me up from $94.33 this time one year ago.

Dividend Growth

TXN and SBUX are two of my best increasers, and they didn’t disappoint this year! Double digit increases from each. Accenture also pulled through with 10% if you round it up. Interestingly, Accenture switched from a twice-a-year to a four-times-per-year payer. No difference to me – I don’t care how often a company pays over the long term. It will even out my second month of each quarter which is nice.

I’d have to invest $866 at my portfolio’s average yield of 2.01% to generate this much income. That’s pretty awesome! Dividend growth investing in action!

TXN’s dividend has almost doubled since I first bought it in May 2017
SBUX has been a dividend raise machine since my first purchase in Aug 2017

Forward Dividend Income

This is my favorite chart to see every month. The stacked, shaded area shows much total forward monthly income. The green part shows how much is due to raises, and the yellow shows reinvestments. On average, $183/month of future income is coming from all my previous contributions, but raises and reinvestments make up another $31/month of future income.

Purchases – VTI, KO, CSCO

Purchased 51 shares of Vanguard Total Stock Market (VTI) @ $157.10/share

I’m still on my mission to have a 50/50 split of VTI to individual stocks. This pulled me almost all the way there. I should hit this goal next month! I’ll have to write a post when I do. I really can’t wait to see my December dividends.

Purchased 7 shares of American States Water Co (AWR) @ $84.33/share

I’ve had my eye on AWR for a while and finally pulled the trigger to open a NEW POSITION! This has become rare for me these days, and I’m excited to grow my portfolio by one company. I’ll definitely add more AWR in the near future. It has everything I like in a DGI stock. 65 years of dividend increases and a healthy 7% 5-year dividend growth rate.

I also feel a little heavy in tech and don’t mind adding a utility.

Head on over to my portfolio page if you’d like to see what companies pay me in other months!

4 thoughts on “November 2019 Dividend Income

  1. Looking good, Dozer. Congrats on the triple digit month! No looking back now.
    Love those dividend raises. Didn’t HRL raise for you recently as well? Or is that not accounted for until next month’s payment?
    That VTI dividend in December is shaping up to be a hefty one given all your contributions in the past few months. One heck of a Christmas present for you.

    1. Another solid month Dozer, we head to head this month although I report In Euros. I really love your visuals, nicely done!

      We share three companies this month. Interesting! You have HAS, I’ve had my eye on it because of personal reasons. I love Transformers!

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