November 2017 Dividend Income Report

By | December 2, 2017

November is finally over and we’ve entered the last month of the year. Wow. But before we forge ahead, it’s good to take stock of the past. November was an interesting month for me and my blog. For me, Thanksgiving was a bit different in that I spent time not with family, but with coworkers. It was good, but not ideal. But, it was a good reminder that I had so much to be thankful for.  Some of the things I’m thankful for are this blog and my readers. So, let me take this opportunity to say thank you all for reading and supporting Dividend Portfolio. As for the blog, in November, the site transitioned from http to https making it more secure.  But, enough stalling. Now it’s time for me to provide you with what you came here for, which is my monthly dividend income update. So, let’s dive in.

Dividend Income

In November, I received a total of $62.11 in dividends broken down as follows:

  • AAPL —  $5.45
  • ABBV —  $10.46
  • GIS —-  $7.90
  • HRL —  $5.94
  • O —–   $6.10
  • PG —-   $8.91
  • T ——   $17.35

Wow. That’s the most I’ve ever gotten in a single month, and from the most number of companies. I had to double check the math to make sure it was correct. This is a significant increase from August when all but GIS paid me dividends. As reflected in my August Dividend Income Report, the dividends I received was $21.95. So the $62.11 is about a 183% increase from last time.  The result of the increase comes from how I invested $15,000 in August. The investment allowed me to not just increase the shares I owned, but to purchase additional companies, including GIS. So now I’m reaping the fruits of my investment. And, I will continue to reap bigger and bigger fruits every three months, and in the case of O, every month! The exponential benefit received from compounding growth in dividends is one of my top 5 reasons for investing in dividend growth stocks.

And, as always, the Dividend Tracker has been updated accordingly.

Forward Annual Dividends

As of today’s writing, my forward annual dividends is $630.54. The meter will rise again later next week when I purchase more shares with my monthly automatic contributions to my portfolio. You see, that’s how I like to invest in my portfolio. I pursue what’s called a dollar cost averaging (DCA) strategy. I invest the same amount of money every month, at the same time, regardless of what the price of the stock is doing. That way, I get the average price of the stocks I purchase. I don’t have to worry about timing the market. I don’t even have to worry if the stock market is up or down. All I do is find quality companies to invest in and DCA my way into those companies.

Finally, no new stocks were purchased in November.

Conclusion

It’s exciting to see my dividend income rise and get ever so closely to crossing the 3-digit mark in a single month.  Spoiler Alert: It’s going to be tough to get to that point, but, I’m hoping to achieve that goal in 2018. In the meantime, I’m going to try and finish 2017 strong. And, November will play a significant role in making that happen.

How was November for you? What are your thoughts? Let me know by commenting below.

23 thoughts on “November 2017 Dividend Income Report

    1. Dividend Portfolio Post author

      That’s totally awesome Div Geek. Yea, the higher the better!

      Reply
    1. Dividend Portfolio Post author

      Thanks DD. GIS and T are both great companies.

      Reply
  1. BrokeInvestor

    Congrats on a new record! That’s what I love about dividend investing – we keep getting new records almost every time and it keeps going higher. In your case, the increase since August is impressive – great stuff on investing that bonus you received!
    -BI

    Reply
    1. Dividend Portfolio Post author

      Yea – I wish I could add so much money everything, but it’s good when it happens.

      Reply
  2. Dividend Daze

    Congrats on the biggest single month and most companies paying you. Such a nice feeling, and the year isn’t even over yet. Also this wasn’t even a quarter ending month. Keep those quality buys up and the dividend snowball will do the rest. Keep it up!

    Reply
    1. Dividend Portfolio Post author

      Thanks Div Daze. Besides, I got to catch up to you!!!

      Reply
  3. DivHut

    Always great when you reach a milestone like greatest amount of dividends coming in 🙂 No doubt those big summer buys will start to make themselves known with each passing month. Nice to see both GIS and HRL in the mix for the month. It wasn’t that long ago that both stocks were much maligned and now both seem to have found their bottoms and have climbed considerably the last few weeks. Keep up the good work!
    DivHut recently posted…December 2017 Stock ConsiderationsMy Profile

    Reply
    1. Dividend Portfolio Post author

      Thanks Div Hut. Here’s hoping I can make another big summer buy next year!

      Reply
  4. DividendSolutions

    Hey DP,

    congrats on that great numbers!! 62$ for the month and 630$ for the year is a place to start. You are definetely in your green zone. Keep grinding!!
    Wish i had bought ABBV earlier this year, missed out on them.

    Greets
    DividendSolutions

    Reply
    1. Dividend Portfolio Post author

      Well, I don’t think it’s too late to buy ABBV. You could DCA into the stock if you want. And thanks. I’m hoping to cross 4 digits in forward annual dividends next year.

      Reply
    1. Dividend Portfolio Post author

      Definitely looking forward to the December report. It should be a good one since it’s not just the end of a quarter, but also the end of the year.

      Reply
    1. Dividend Portfolio Post author

      Thanks Troy. I like Apple a lot, in part because I use their products, including owning my own iphone. I hope I can pore more cash into the company.

      Reply
  5. Engineering Dividends

    Looking great, DP. Records all around for you, congrats. I love the diverse group of dividend payers for you this month… And fairly balanced payout amounts as well. 3-digit dividend months will be here for you in no time.
    Engineering Dividends recently posted…Performance Check – PEPMy Profile

    Reply
    1. Dividend Portfolio Post author

      That’s what I’m hoping for ED. Can’t wait to cross that three digit threshold.

      Reply

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