DividendVet

December 2016 Dividend Income

Hundred dollar bills in dividend incomeHappy 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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