November 2017 Dividend Income (Trimming Weeds, Watering Growers)

I received $73.10 in taxable November dividend income. My November portfolio restructure continued my trend toward higher growth, lower payout ratio holdings. My overall yield has therefore dropped down to 2.22%, but heavy contributions and large dividend raises have kept my total dividend payments about the same as this time last quarter.

TXN (Texas Instruments) is one of my larger holdings. Its 24% dividend increase was a home run for me this month! My yield on cost is now already up from 2.5% to 3.1% and hopefully Texas Instruments has a lot more room to grow.

I received my final dividends from HCP and OHI in November. They are both popular dividend-paying REITs, but were casualties of my portfolio restructure. Together, they paid me $21.78 in November dividends. My dividends at this time next quarter may be down again, but I will continue to contribute and build a portfolio more focused on dividend growth like the 24% bump that TXN just gave me.

November Dividend Increases

VZ increased their dividend 2.16% earning me $0.85 more per year.

TXN increased their dividend 24.00% earning me $6.24 more per year.

OHI increased their dividend 1.56% earning me $0.68 more per year. I recently sold my OHI but collected this last dividend.

$7.77 in November raises is the equivalent of investing $259 for a 3% yield that I don’t have to invest!

November Taxable Dividend Income

 

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

October 2017 Dividend Income – One Year of Investing

I received $66.61 in taxable October dividend income. Compared to $130 a month ago, it’s a bit of a letdown, but I never buy dividend growth stocks based on what month they pay. The first month of the quarter just happens to be my slowest.

I’m also slightly below my July total, mostly due to Disney paying twice per year instead of quarterly.

I’m excited to see CSCO paying me $2.03 this month. My CSCO holding is made up entirely of purchases funded by prior dividends. Robinhood doesn’t offer a dividend reinvestment plan, so I buy Cisco shares when my dividends accumulate enough to afford one share. Not exactly a traditional dividend reinvestment plan, but it works for me and I come out commission-free.

This month also marks my taxable account’s one-year anniversary. I finally start seeing some year-over-year comparison data starting with November’s update. Dividend growth investing is the investment strategy I’ve actively stuck with the longest, and I have no intention of slowing down. I can’t wait to keep reinvesting and growing my income stream every month.

 

Dividend Increases

IFF increased their dividend 7.81% earning me $1.51 more per year.

MO increased their dividend 8.20% earning me $4.54 more per year.

RSG increased their dividend 7.81% earning me $1.94 more per year. PFG has been increasing their dividend quarterly.

That is the equivalent of investing $266 for a 3% yield that I don’t have to invest!

October Taxable Dividend Income

October Retirement Dividend Income

I also received $14.10 in non-taxable dividends which were reinvested into my retirement accounts.

Not much to look at this month. My retirement account dividends are mostly paid in the third month of each quarter or at the end of the year. My Vanguard Bond and International Bond index funds do pay monthly, so I have a little income/reinvestment from them.

I recently detailed my 401(k) situation and why I still want to contribute despite no employer match.

Head on over to my portfolio page if you’d like to see all my holdings. I hope everyone else had a great October too!

September 2017 Dividend Income

I received $130.98 in taxable September dividend income. This was my biggest month yet thanks to my recent VTI purchases. After having broken my first $100 month in June, I’m ecstatic that I’m already well above that in September. I’m not that keen on CTL, but I have some of my favorite companies paying me this month (BA, HD, JNJ, MGA, MSFT, V). No wonder the third month of every quarter is shaping up to be my best one.

In June, received my final dividends by Ford ($6.15), ORI ($0.95), and BP ($8.40). I have now sold those and redirected the funds into companies like Starbucks and Visa. Much lower yield, but better potential for dividend growth. I expected my income to drop after selling those high yielders, but thanks to some more contributions, my income actually rose from $108.30 to $130.98!

Dividend Increases

WFC increased their dividend 2.63% earning me $0.74 more per year.

NDSN increased their dividend 11.11% earning me $0.80 more per year.

PFG increased their dividend 2.17% earning me $0.37 more per year. PFG has been increasing their dividend quarterly.

That is the equivalent of investing $64 for a 3% yield that I don’t have to invest!

September Taxable Dividend Income

September Retirement Dividend Income

I also received $659.37 in non-taxable dividends which were reinvested into my retirement accounts.

Once I buckled down on my investment tracking, my retirement accounts really stood out. My taxable income is nice, but my retirement accounts are fully automated and are the real powerhouses of my portfolio. They are mostly out of sight, out of mind, but including them in my dividend income summary keeps me motivated.

I recently detailed my 401(k) situation and why I still want to contribute despite no employer match.

Head on over to my portfolio page if you’d like to see all my holdings. I hope everyone else had a great September too!

August 2017 Monthly Dividend Income (looking back)

August generated $70 more for me to add more stocks. It keeps on rolling. I’m shifting my portfolio a bit to focus on lower-yield stocks with higher dividend growth rates. I’m expecting my monthly income to fall a bit, but I’ve grown more disciplined in my long-term dividend growth strategy.

It’s great to think that I have an extra $70 to spend on stocks that I didn’t have at this time last year.

August 2017 Dividend Income

July 2017 Monthly Dividend Income (looking back)

After breaking $100 last month, I’m well below that in July. A large reason is that I’m buying stocks with lower (and hopefully safer) dividend yields. After holding these for a few years, I’m expecting the yields will grow as my dividend growth companies continue to hike their dividend payments.

July 2017 Dividend Income

June 2017 Monthly Dividend Income (looking back) – $100 milestone

I broke the $100 milestone. $108 in June! Wow. It’s obvious March, June, September, and December will be my best months! More heavy contributions and stock purchases are fueling my portfolio right now, but I’m getting increasing help from investments I made months back. $108 will be reinvested into more stocks.

June 2017 Dividend Income

May 2017 Monthly Dividend Income (looking back)

It has taken some dedication. All these dividends are a result of large contributions and stock purchases. I’m trying to catch up after not investing for most of my life. In May, I received about $65 in dividends. That’s a significant chunk that will be reinvested at no cost to me! Between more contributions, re-invested dividends, and dividend payment growth, I’m feeling good about where I’m headed.

May 2017 Dividend Income

February 2017 Monthly Dividend Income (looking back)

Still coming along. I have yet to match my December total, but it’s better to compare quarter by quarter rather than month by month. Some good ones and bad ones in here. I’ll eventually clear out some of the higher-yield stocks and refocus on lower yield with higher dividend growth potential.

February 2017 Dividend Income