December 2014 Dividend Income

Hundred dollar bills in dividend incomeFirst and foremost, Merry Christmas and Happy New Year everyone! December has been definitely a unique month for me that was full of joy and stress. We are still waiting to close on the property that we got under contract and it has been challenging process, mostly due to the State of Illinois processing this loan. Again, this is because of the grant we are looking to receive from the state, so it ultimately is up to them when they are looking to close on this. From the looks of it they are definitely not in a rush. The grant is a considerable amount of money going towards the principle so we pretty much have no choice and wait it out until we have a clear to close.

Me and my wife are also putting a substantial downpayment on the property and we have accumulated all of the funds necessary to close. I initiated a few stock sales for this downpayment, but it is more minimal than I thought. It is only a few thousand dollars, so nothing that will destroy my passive income that I have built up these last few years. Also, it gave me a great opportunity to clean up the portfolio and get rid of a few bad apples. I will be covering that in the upcoming post.

As far as the dividend income is concerned, it has delivered yet another record month totaling to $240.35 in dividend income.

  • Aflac, Inc. (AFL) – $22.72
  • ConocoPhillips (COP) – $13.42
  • Johnson & Johnson (JNJ) – $17.58
  • Chevron, Inc. (CVX) – $8.63
  • Lorillard, Inc. (LO) – $17.34
  • Mattel, Inc. (MAT) – $17.98
  • American Realty C. P., Inc. (ARCP) – $36.92
  • Coca Cola Co. (KO) – $8.54
  • Kellogg Co. (K) – $8.33
  • McDonald’s Corp. (MCD) – $19.10
  • Realty Income Corp. (O) – $8.68
  • Waste Management, Inc. (WM) – $9.93
  • Royal Dutch Shell (RDS.B) – $28.20
  • BlackRock, Inc. (BLK) – $7.82
  • Lockheed Martin Corp. (LMT) – $15.16

Total – $240.35

I enjoy publishing these dividend income reports as I have gained a better understanding in how much of passive income is coming in every month and how much it is growing over time. For the month of December, I have received a total of 15 diversified direct deposits. When comparing  last years total in December 2013 dividend income, it presents a 12.3% year over year growth. The difference from last quarter is 15.9% quarter over quarter decreased growth.

Thank you for reading!


  1. Dividend Diplomats on January 3, 2015 at 12:39


    Great work my friend! Looks as though cleaning out bad apples will be a great thing overall – cleaning out poor companies and bringing in a new asset – a house! Should be exciting for you to do and exciting for us to read.

    Great job as well with the dividend growth area. Looking forward to what you can accomplish in 2015 and going forward. Good stuff!


    • DividendVet on January 3, 2015 at 15:48

      Yeah, just one bad apple (ARCP) so nothing major. Others sales were strictly for the downpayment purpose. More on that to come as I will be publishing the details here shortly.

      You and Bert have been doing outstanding investing! Also, congrats to moving to WordPress, I find it much better platform to build upon.

      Good luck in 2015 and beyond.

  2. Dividend Mantra on January 2, 2015 at 13:18


    Congrats on a great month. Nice to see you finish the year with an all-time high payout.

    Looking forward to seeing how things shake out for you after the home purchase. Best of luck throughout 2015!


    • DividendVet on January 2, 2015 at 15:45

      I appreciate for support Jason. It means a lot having such a great dividend investing community of bloggers and readers. Can’t wait to see how you did in December, but my intuition tells me that it will be superb.

      Will be exciting when we close on the property, until then, fingers are crossed.

      Best of luck in 2015 my friend!

  3. writing2reality on January 2, 2015 at 09:09

    Congratulations on a great close to 2014 and the impending home ownership. Your growth looks fantastic, and I’d imagine that you’ll continue to see success this coming year.

    Best of luck in 2015!

    • DividendVet on January 2, 2015 at 15:37

      Thank you. It truly was ending the year with a blast. Though, with my sold stake in ARCP it will be challenging replacing that robust dividend income. The great thing is that it happened sooner than later and there is much better asset producing companies.

      You had a fantastic year yourself and I hope 2015 will be even more rewarding.

      Best wishes.

  4. DivHut on January 1, 2015 at 17:18

    The favorite of post of every dividend blogger… the dividend income update. Congrats on a solid month and continued YOY growth in your passive income. We have a few similar names in common for the month. I wonder if you plan to keep or sell your ARCP. Many of the bloggers have been dumping those shares recently. Thanks for the update.

    • DividendVet on January 2, 2015 at 15:31

      Mine too! I enjoy reading about other successes in dividend income as much as posting it myself. Gotta love it.

      The year over year growth has been extremely nice, though it’s funny you mentioned ARCP. It is very unfortunate what happened there, but the way things were going I made a decision and sold the whole stake in the company.

      Take care.

  5. Ferdi Scheepers on January 1, 2015 at 15:19

    Congratulations on earning another record month of dividend income! I would like to wish you all the best for 2015, and I hope the loan from state of Illinois comes through quickly so you can move on in to your new place!


    • DividendVet on January 1, 2015 at 15:58

      Hey, I appreciate it! Yeah, it has been longer process with the home buying than I originally expected. It’s a waiting game for now, but hope to you best wishes in 2015 to you and your family.

      Thanks for stopping by.

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