December 2016 Dividend Income

Hundred dollar bills in dividend income

Happy New Years Everyone! The 2016 is officially behind us as it is time to look back at December’s dividend income received report. I am sure I’ve stated previously before, but dividend income is like free fuel supercharging the portfolio and the dividend income to new levels as I reinvest the dividend income back into the stock market. Overall, this gives me great double compounding action by growing the number of shares I hold, which essentially grows the free cashflow in the form of dividends AND grows the value of each asset, which increases the value of the portfolio slowly, but inevitably.

I enjoy publishing these monthly dividend income reports as I have gained a much better understanding in how much of my 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 21 diversified direct deposits in the form of dividends straight to my brokerage account. Here is the money!

 

 Aflac, Inc. (AFL) $25.37
 ConocoPhillips (COP) $4.68
 Wells Fargo & Co. (WFC) $8.04
 Johnson & Johnson (JNJ) $28.09
 Mattel, Inc. (MAT) $19.23
 3M Co. (MMM) $6.66
 Coca Cola Co. (KO) $9.80
 The Home Depot, Inc. (HD) $5.52
 Kellogg Co. (K) $8.84
 McDonald’s Corp. (MCD) $21.12
 Realty Income Corp. (O) $9.80
 STAG Industrial, Inc. (STAG)  $5.21
 Royal Dutch Shell (RDS.B) $41.36
 Waste Management, Inc. (WM) $10.95
 V.F. Corp. (VFC) $6.80
 BlackRock, Inc. (BLK) $9.28
 Public Storage Co. (PSA) $16.00
 T. Rowe Price Group, Inc. (TROW) $6.73
 Union Pacific Corp. (UNP) $27.94
 Lockheed Martin Corp. (LMT) $27.49
 Travelers Companies, Inc. (TRV) $6.70
Total $305.61

 

When statistically comparing last years dividend income total from December 2015 to December 2016, it represents a positive 9.6% for a year over year increased dividend growth. The growth difference from last quarter is negative 11.1% for a quarter over quarter negative dividend growth. The negative QoQ growth was primarily due to PEP, DLR, & WMT switching to pay their dividends in January instead of in December. I’ve also initiated the RDS.B acquisition after the dividend ex date, which did not pay the dividend for this quarter and we should see the cumulative dividend over the next one.

I will DRIP the following upcoming month: BKE, COP, KMI, MAT, TROW & VIAB.

The dividend income page is updated accordingly.

For the Year of 2016 I received a total of $2,575.11 in Dividend Income.

Thank you for reading & have a great day!

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8 Comments

  1. Doug Arnold on January 1, 2017 at 15:05

    Sucks when companies switch months I have 2 that pay in Jan one is Walmart which is funky payout and another that makes 4 payments by Sep.
    another awesome month for you keep it up. Happy New Year

    • DividendVet on January 1, 2017 at 19:13

      Absolutely, I wish myself that some of these companies would stay consistent with their payouts for tracking comparison purposes at least, but it is what it is and dividend checks what matter in the end.

      Thanks for stopping by!

  2. DivHut on January 1, 2017 at 17:49

    Solid all around for the month. Nice to see those year over year gains still coming in at a nice clip and a good four digit showing for your total dividend income earned in 2016. DGI just works and helps mitigate those wild up and down swings we have been experiencing. Thanks for sharing.

    • DividendVet on January 1, 2017 at 19:20

      Much appreciated. I was actually looking forward to a new dividend income record as I was comparing it from September’s payout. Though, it didn’t go as planned, can’t really control when companies jump payout months on QoQ basis.

      The way market just keeps on going up I think we are due to experience some form of volatility sooner or later. Though the tough thing is to buy when others are selling at 52 week lows. Just as example, look at the oil industry breakdown and how fast some of these companies recovered.

      Looking forward to pass $3,000 in dividend income for 2017!

      Take care.

  3. Nathan on January 2, 2017 at 22:34

    Congrats on a solid dividend income month. It’s been fun to watch your dividends increase over the passed few years.

    • DividendVet on January 3, 2017 at 19:18

      All is my pleasure, I enjoy tracking dividend income and for some providing that extra motivation of what is possible over time. I am fairly young, so over time this will be one hell of a case study.

  4. DividendFamilyGuy on January 28, 2017 at 21:18

    I think you beat me by a few hundred for total divs for 2016 😉 Keep it going in 2017.
    DFG

    • DividendVet on January 29, 2017 at 17:43

      I wouldn’t compare myself to the other divided growth investors, while the numbers can be inspirational, the comparison can be negatively aligned. There is a famous quote by Theodore Roosevelt “comparison is a thief of joy”.

      Best to you on your journey.

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