November 2016 Dividends

Happy December Everyone,

Here is my monthly report on how I did last month for dividend income. I am happy to report some good progress was made!

See below for the details:

Taxable Accounts
AT&T (T): $13.12
Verizon (VZ): $1.16
Apple (AAPL): $3.99
Abbott Laboratories (ABT): $9.10
Amerigas (APU): $24.48
Prospect Capital (PSEC): $19.43

Taxable Account Total: $71.28

Roth IRA Account
Toronto-Dominion Bank (TD): $9.02
Abbott Laboratories (ABT): $6.54
Omega Healthcare Investors (OHI): $16.47

Roth IRA Account Total: $32.03

Overall Total Dividend Income for November 2016: $103.31

Forward 12-month Projected Dividend Income: $1,341.11



My Thoughts
This is encouraging. Back in September, I was celebrating my first month eclipsing the $100 mark for dividend income in a month. Now I have a 2nd set of months where I have exceeded this mark (February/May/August/November). Also as I peak ahead to December I see a nice bump up in income, telling me that I will be well on my way to the $200 mark soon enough. All very exciting things to find out when reviewing progress. A new addition to the November dividends was Omega Healthcare Investors (OHI), which is a Healthcare REIT, which I added a few months ago, just missing the dividend record date at that time. So in November, I was able to reap the benefits. This payout helped me to eclipse that $100 mark.

Here is my monthly dividend history:

Month201420152016
January$14.38$14.42
February$49.07$50.38
March$50.22$52.16
April$10.83$27.91
May$46.52$59.42
June$6.69$47.51$90.97
July0$18.99$51.37
August$33.96$50.11$86.07
September$54.75$55.61$101.70
October$10.94$14.42$72.53
November$48.79$50.11$103.31
December$63.55$49.89


Looking back on this history, my November dividend income has grown from $48.79 in 2014 to $50.11 in 2015, to $103.31 in 2016. This represents a Y/Y increase of 106%. Not bad at all. Looking back at the last quarter, the Q/Q increase is 20%, which is not bad either. 

Once again, I have been dividend investing for a couple years now, but when I started, I didn't really know what I was doing, and engaged in a lot of yield chasing. Since March of this year, I focused on dividend growth, and learned more about how to do this, and things have really taken off since then, as shown by the graph above. Onward and upward!

How was your November? Let me know in the comments!




Comments

  1. Nice YOY gain! That is a very encouraging number isn't it! Keep up the great job, it's working!

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    Replies
    1. Thanks DP for the encouragement, will definitely keep it going!

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