I received $454.22 in taxable September 2020 dividend income.
This month was a bit more pleasant than last month where I had zero dividend raises. VTI is my biggest payer, and its rolling 3-year average dividend rose 1.5% for the quarter. $454 to reinvest is a very nice chunk to reinvest. My long-time goal is to maintain $1,000/month in purchases, and knowing that I can cover almost half that amount in my good quarters is a nice mental boost.
In other news, I paid the final payment on a car loan, and have been bumping up my cash savings in anticipation for the 2021 Roth IRA payment in January.
| ticker | total_payout_2020 | total_payout_2019 |
|---|---|---|
| VTI | $289.71 | $220.64 |
| MCD | $18.75 | $15.08 |
| UNH | $13.75 | $11.88 |
| TRV | $12.75 | $8.20 |
| MSFT | $11.22 | $10.12 |
| MMM | $10.29 | $10.08 |
| RTX | $9.97 | $0.00 |
| AVY | $9.28 | $8.12 |
| MGA | $8.80 | $8.03 |
| HD | $7.50 | $6.80 |
| AWR | $7.37 | $0.00 |
| BLK | $7.26 | $0.00 |
| SO | $7.04 | $6.82 |
| IBM | $6.52 | $6.48 |
| V | $6.30 | $4.00 |
| NOC | $5.80 | $3.96 |
| JNJ | $5.05 | $4.75 |
| PFE | $4.94 | $4.68 |
| ADM | $4.68 | $4.55 |
| EMR | $4.50 | $4.41 |
| NDSN | $2.73 | $2.66 |
| BA | $0.00 | $12.33 |
| WFC | $0.00 | $9.69 |
| PFG | $0.00 | $4.95 |
| FLO | $0.00 | $0.76 |
| $454.22 | $368.99 |
This is the quarter where I really see some of the effects of dividend cuts in my portfolio. My year-over-year shows that I received $26 in 2019 from companies that either cut (BA, WFC) or that I voluntarily removed from my portfolio (PFG, FLO). I still hold BA, and replaced WFC/PFG/FLO with BLK.
I also see some nice effects of contributions/raises. VTI, MCD, UNH, TRV, and MSFT are my top payers in September, and paid $80 more per month versus last year at this time.
Dividend Growth
| percent_increase | annual_increase_dollars | |
|---|---|---|
| AWR | 9.84% | $2.04 |
| NDSN | 2.63% | $0.28 |
| VTI | 1.50% | $17.15 |
| Total | $19.47 |
Compared to last month, I am happy with any raises I can get! My new big holding (AWR) came through with 9.84% raise. I’m a little disappointed in NDSN’s raise as they are one of my better performers and have a 26% payout ratio. NDSN is actually one of my priorities to add more shares, and I don’t think this small raise will change that plan.
VTI’s three-year rolling dividend average is how I calculate their annual increase for my portfolio. Taking the last three years into account smooths out their somewhat erratic dividend payments.
Forward Dividend Income
| Year: 2019 | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| dividend_increases | $7.00 | $3.10 | $36.71 | $4.55 | $5.99 | $22.83 | $3.01 | $5.04 | $13.20 | $6.44 | $2.61 | $29.35 | $139.83 |
| dividend_reinvestments | $2.47 | $-12.99 | $3.47 | $2.02 | $2.05 | $4.22 | $1.80 | $1.60 | $6.79 | $1.78 | $1.78 | $9.57 | $24.56 |
| new_contributions | $-0.30 | $6.03 | $0.02 | $1.06 | $0.03 | $-0.51 | $188.35 | $276.00 | $147.06 | $93.04 | $146.50 | $32.79 | $890.06 |
| Total | $9.17 | $-3.86 | $40.20 | $7.63 | $8.07 | $26.54 | $193.16 | $282.64 | $167.05 | $101.26 | $150.89 | $71.71 | $1,054.46 |
| Year: 2020 | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| dividend_increases | $1.44 | $8.76 | $18.54 | $-52.15 | $-22.73 | $31.08 | $3.81 | $0.00 | $19.47 | $0.00 | $0.00 | $0.00 | $8.22 |
| dividend_reinvestments | $1.88 | $1.55 | $10.38 | $9.07 | $1.78 | $7.85 | $-3.23 | $2.50 | $8.02 | $0.00 | $0.00 | $0.00 | $39.80 |
| new_contributions | $2.24 | $17.81 | $37.11 | $-1.16 | $9.41 | $6.34 | $-30.23 | $11.93 | $-0.25 | $0.00 | $0.00 | $0.00 | $53.21 |
| Total | $5.56 | $28.12 | $66.03 | $-44.24 | $-11.54 | $45.27 | $-29.65 | $14.43 | $27.24 | $0.00 | $0.00 | $0.00 | $101.22 |
After some rough months recently, I’m glad to see some stabilization. I’m starting to see how the year is shaping up and unfortunately BA, DIS, and WFC had some bad effects on my “dividend_increases” for the year. I still have three months to add a bit to my new forward income, but at this point I am just happy to have made it through the rough patch mostly intact.
Purchases – MDT and VTI
Purchased 1 share of Medtronic (MDT) @ $106.57/share
I’m working on getting MDT up a bit higher in my portfolio. I now have six holdings above $3,000 each in market value. Hopefully I can keep adding and raise a few other holdings above the same $3,000 threshold. MDT, TXN, PG, AWR, HD, and BLK are a few that I intend to build up further.
Purchased 1.7 shares of Vanguard Total Market (VTI) @ $170.90/share
This purchase was simply a reinvestment of dividends. VTI doesn’t have regular, periodic increases, but it has still averaged a 7% increase over the last ten years in dividends. I also have to admit that VTI has outperformed my individual holdings by quite a bit, even with dividends reinvested. Happy to have this make up a large part of my portfolio.
Head on over to my portfolio page if you’d like to see what companies pay me in other months!
Dozer –
Nice job – wow! Solid growth rate and you are experiencing a ton of dividend increases this past month.
Keep it up DD.
-Lanny
Thanks Lanny!! Nice change after a few stagnant months.
Hi Dozer, nice results. That VTI really kicks in! Also congrats on removing that car loan from the equation, good for you!
I appreciate it Mr. Robot!
It’s amazing to see the plotly display of your portfolio.
I wonder if you have posted how to use python and plotly to manage personal DGI portfolio?
Thank you! Glad you’re interested. I have not posted how to build this with Python and Plotly, but I do intend to.
To be honest, I have it working, but I want to refactor it before I share it. I’m working on it little by little!