November 2015 Dividend Income

Hundred dollar bills in dividend incomeWith November passing by so quickly it is that beautiful time of a new month to report my monthly dividend income. It has been a somewhat of a special month for me as I have officially surpassed the $70K mark of the portfolio value. I have been stuck around $60K for a long time; it has been probably over a year or so. If you have been following closely, you probably know some of the things that kept me from upping the portfolio. The first thing was that incident with good old ARCP where the dividend was cut. Then I bought a home, where I sold off about $6K worth of stock for an additional property down payment and finally a few market corrections last couple of months continued to keep me in check as the market has been making some big waves trying to sink my ship. Not so fast! Either way, I am now past that damn point and even closer to six figures, $100K!

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 November, I have received a total of 8 diversified direct deposits in the form of dividends straight to my brokerage account. While it hasn’t been a record braking month, it sure is a nice chunk of change. Here it is!

  • AT&T, Inc. (T) – $48.85
  • General Mills, Inc. (GIS) – $19.88
  • Verizon Communications, Inc. (VZ) – $23.73
  • Apple, Inc. (AAPL) – $14.60
  • Kinder Morgan, Inc. (KMI) – $79.01
  • Procter & Gamble Co. (PG) – $25.92
  • Realty Income Corp. (O) – $9.14
  • Costco Wholesale Corp. (COST) – $5.20

Total – $226.33

When statistically comparing last years dividend income total from November 2014 to November 2015, it represents a negative .01% for a year over year decreased growth. Basically, I received the same amount I got last year in dividend income, just a few different longterm payers. The growth difference from last quarter is positive 11.7% quarter over quarter increased growth.

Goal: With 11 months behind, I am 80.4% of my goal complete.

The dividend income page is updated accordingly.

Thank you for reading & have a great day!

12 Comments

  1. divident pursuit on December 5, 2015 at 09:47

    DivVet,

    Nice chunk of change there. Keep inspire all of us newbies.

    Cheers,

    Dividendpursuit

    • DividendVet on December 5, 2015 at 18:10

      I am very pleased you see the value and inspiration. It is a powerful force to be reckoned with!

      As much as I would like to be a Jedi Master of DGI 🙂 I think I have much more to learn and experience myself. Just remember, we all start at the bottom and work our way up, the important thing is not the knowledge of DGI or other strategy philosophy itself, but to actually starting it and doing it. It is simply the hardest part why most people fail at investing or in anything else.

      Glad to see you invested in your financial freedom!

  2. Ben at Sure Dividend on December 2, 2015 at 11:08

    Nice update, keep up the good work!

    • DividendVet on December 2, 2015 at 13:11

      Glad you found some value.

      Take care.

  3. Dividend Hustler on December 1, 2015 at 23:19

    Keep it up Dividend Vet. You’re doing awesome. Keep logging your efforts and stay focused and the progress and trend will only get better and better. Thanks for sharing and wish you continued success. Cheers buddy.

    • DividendVet on December 2, 2015 at 12:57

      Thanks, I am moving here at a turtle pace, but still aiming to the right direction. Hope to one day get to the big baller dividend income levels like you! 🙂

      Thanks for stopping by and continued success to you too bud!

  4. A Frugal Family's Journey on December 1, 2015 at 22:47

    Dividend Vet – Congrats on reaching the $70K mark! We are hoping to cross over that mark in the coming year. We too have been stuck between $60-70K for some time given the high volatility in the market. Also, nice monthly dividend payout from 8 solid companies!

    Keep up the great work and momentum. Onward to $80K! 🙂 Best wishes and continued success! AFFJ

    • DividendVet on December 2, 2015 at 00:28

      Thanks, I know the portfolio value shouldn’t matter as much as the cash flows since it is the main focus, but it sure feels great seeing those digits climb! Hope you guys can achieve a very similar effect soon.

      Best wishes to you and the family!

  5. JC on December 1, 2015 at 11:14

    Congrats on passing the $70k mark! I know how you feel with nearing it and then stepping back because I’ve been doing that with the $200k level for about a year. Although most of that is because I haven’t been able to invest much capital this year. Great job growing your passive income! It’s wonderful isn’t it?

    • DividendVet on December 1, 2015 at 19:31

      Much appreciated! Absolutely, it can be motivation crushing at times when that value is not budging since life happens, but just seeing the cash flow keep on rolling in and how the yield on costs slowly growing with every company dividend raise reported creates a spacial feeling for me. I will feel even better when I hit that 100K baby!

      Thanks for the support and hope you can move past the point of resistance in your journey!

  6. DividendChimp on December 1, 2015 at 10:39

    Congratulations on passing 70K. I like your November holdings, I own the same.

    • DividendVet on December 1, 2015 at 19:23

      Thanks, it feels great finally going in the right direction. Nobody said this is easy, nor a path of least resistant. It is a journey with twists turns and sometimes long stalls. Either way, I am still as focused as I have been when I started it.

      Hope you are doing well!

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