Dividend Update – December 2017
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December is officially over and with it, 2017. What an amazing month to cap off a great year. Not too happy about the cold weather, but guess it was bound to happen eventually. At least while watching the snow fall, I can think about my dividend snowball working for me 24/7 and providing an increasing passive income stream!
December dividend posts are what dividend investors dream about. Since it is quarter and year ending, tons of companies tend to pay out as well as a bunch of the mutual funds. Usually we end up seeing tons of dividends being collected, big gains, and many milestones broken. I am no different as I am happy to announce a new monthly dividend record! See below for details.
CINF – $6.72
KO – $13.11
TGT – $28.27
ED – $9.20
O – $3.46
LTC – $3.28
D – $16.94
December dividends, add up to $128.00 which represents a 67.4% increase from last year where I made $76.43. Here are some charts to show comparison and progress but you can always see the full dividend income breakdown here.
March 2017 initially held the monthly dividend record and was the only other time I crossed the triple digit mark in a single month with $108.47. I can finally say that I can a new record which is 18% higher than the old one! Also, this is the most companies to pay me in a single month with 8. Love seeing multiple milestones broken in a single month! Great way to end the year.
What led to this increase and new record from last year? My portfolio has seen a lot of movement in the past year. For one, I was only paid out by 4 companies last December. New additions include CINF, ED, O, LTC, and D. I ended up selling COP earlier this year to pay for my position in D. My position in TGT has also doubled on my last recent buy on their dip. New companies paying me, adding more capital into my existing positions, optimizing portfolio to add more growth, and can’t forget about the Dividend Increases!
2016 Q4 Dividends: $181.61
2017 Q4 Dividends: $255.76
YoY% Gain: 40.8%
I use Personal Capital to track as well as my own spreadsheets to analyze a lot of my data. Last quarter, I finally surpassed the $200 mark in a single quarter. I set a new goal of $250 for Q4. Looks like a third milestone broken to me. I barley achieved my goal collecting $255.76 in the last quarter of 2017. The last financial goal I set out to achieve this year is a dividend total of $800. Did I achieve it?
Yes! This year’s final dividend counts are in. My portfolio produced $864.48 in passive dividend income! This represents a 62.96% increase from last years $530.50. Breaking milestones left and right this month. I am very ecstatic by these results. What a great way to end the year. Hope everyone ended 2017 on a positive note and that 2018 brings just as many good things!
How did your portfolio perform in December? Did anyone break any records or post huge gains? Did you crush your goals? What big accomplishments have you had this year? Your comments are welcome below.