Dividend Income Update December 2016

The start of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. December was exciting as ever as my year over year numbers continue to highlight the trifecta magic of dividend investing which includes, adding fresh capital, dividend raises and basic compounding to create an ever increasing passive income stream. Even if I stopped adding fresh capital today and every dividend stock I owned kept all distributions flat without a single raise, my passive income stream will continue to grow.

 

With that being said, let’s take a look back at my December 2016 dividend income.

 

Dividend income from my taxable account totaled $541.46 up from $397.78 an increase of 36.1% from December of last year.

 

Dividend income from my ROTH account totaled $110.34 up from $76.06 an increase of 45.1% from this time last year.

 

Dividend income from my IRA account totaled $35.39 down from $35.85 from this time last year, a decrease of -1.3%.

 

Grand total for the month of December: $687.19 an increase of 34.8% from December 2015.

 

Grand total for 2016 dividends: $6,077.58 an increase of 33.5% from 2015. You just have to love the very real results of dividend growth investing.


Brokerage Account

Year to date dividends: $3,966.21

DateDescriptionSymbolAmount
12/01/2016DIVIDEND:GWWGWW$7.92
12/01/2016DIVIDEND:AFLAFL$75.48
12/01/2016DIVIDEND:BMSBMS$7.09
12/01/2016DIVIDEND:WFCWFC$15.51
12/06/2016DIVIDEND:SOSO$25.43
12/06/2016DIVIDEND:JNJJNJ$30.20
12/07/2016DIVIDEND:ADMADM$53.47
12/09/2016DIVIDEND:EMREMR$37.83
12/12/2016DIVIDEND:MMMMMM$26.98
12/15/2016DIVIDEND:EDED$48.13
12/15/2016DIVIDEND:DOVDOV$20.01
12/15/2016DIVIDEND:KOKO$36.51
12/15/2016DIVIDEND:MCDMCD$26.30
12/16/2016DIVIDEND:KHCKHC$34.08
12/19/2016DIVIDEND:VFCVFC$16.80
12/20/2016DIVIDEND:DD$23.66
12/29/2016DIVIDEND:TROWTROW$2.70
12/30/2016DIVIDEND:BDXBDX$15.04
12/30/2016DIVIDEND:ALLEALLE$3.38
12/30/2016DIVIDEND:IRIR$34.94
Total: $541.46

ROTH Account

Year to date dividends: $1,577.39

DateDescriptionSymbolAmount
12/06/2016DIVIDEND:JNJJNJ$6.99
12/08/2016DIVIDEND:ULUL$20.47
12/09/2016DIVIDEND:EMREMR$26.44
12/12/2016DIVIDEND:MMMMMM$10.71
12/15/2016DIVIDEND:KOKO$10.57
12/15/2016DIVIDEND:MCDMCD$10.41
12/16/2016DIVIDEND:KHCKHC$20.97
12/19/2016DIVIDEND:VFCVFC$3.78
Total: $110.34

IRA Account

Year to date dividends: $533.98

DateDescriptionSymbolAmount
12/30/2016DIVIDEND:VTRVTR$35.39
Total: $35.39

 

I hope everyone had a great 2016 with a renewed sense of what can be accomplished with patience, not panicking, common sense and general investing consistency and discipline. These traits enable consistent dividend income results you see above as well as the knowledge that with high, moderate or even low income levels passive income growth can be achieved. Are any of these dividend stocks in your portfolio too? How was your December dividend income? Please let me know below.

 

Disclosure: Long all above

60 thoughts on “Dividend Income Update December 2016

    • Hi IWTRS,

      Thank you for those kind words. Another month of solid year over year growth just keeps fueling my own investing fire. I’m already looking forward to what 2017 will bring and no matter what the market does I know I’ll continue making my monthly purchases. Thank you for commenting.

  1. Nice dividend income, congrats for the achievement! December was also good for me, I always love the last month of the quarter 🙂 January will be a bit more boring, but I always review my dividends on a quarterly basis in order to disregard monthly fluctuations.
    Roadrunner recently posted…My 2016 Financial OverviewMy Profile

    • Hi Roadrunner,

      Every dividend investor loves those end of quarter months. I’m no exception. As long as I see year over year growth I’m happy and know that I’m still on the right track to increase my passive income stream. Look forward to following your investing journey in 2017. As always, I appreciate your comment.

    • Hi PID,

      I appreciate the continued support and encouragement. Putting up solid year over year gains never gets old, that’s for sure. Look forward to a solid year of passive income wherever the market ends up this year. Thank you for stopping by and commenting.

  2. Awesome stuff Keith! Almost $700 for the month and $6k for the year and 30%+ Growth compared to last year. Your consistent purchases month after month are fantastic. While no individual purchase shot your Dividend Income way up just look at what they did together along with the organic Growth from the companies themselves. Can’t wait to see how 2017 goes.
    JC recently posted…Dividend Update – December 2016My Profile

    • Hi JC,

      You already know my mantra for dividend investing, consistency. Larger buys or small nibbles all adds up over the year and my results reflect that. Barring some crazy sale in some of my holdings I will want to continue to level out my dividend income among my portfolio so as to not become too reliant on just a handful of stocks for the majority of my income. Already excited to read about quite a few buys among our peers. Looks like no one is wasting any time buying these days. Thank you for sharing your thoughts.

    • Hi DG,

      You said it. I always look forward to these end of month summaries among our peers. Thank you for your continued support and while I don’t have a formal goal for 2017 I know that I plan to surpass my 20216 dividend totals. That’s the real beauty of dividend investing… seeing your passive income grow year in and year out. Thank you for commenting.

    • Hi Doug,

      Just one stock in common from that long list? Oh well… it’s better than none. KO is on my January considerations list among other consumer staples. Congrats on a solid showing for your December totals. Just keep sticking with the solid, known dividend growers. As always, I appreciate your comment.

    • Hi DI,

      You’ll never hear me complain about a double digit year over year gain. As long as I can continue to put up solid growth figures like above I’ll be a happy camper. Congrats on hitting 100 EUR again. I know it’s a great feeling hitting those milestones. The fun part will be when you hit that and more every month. Have a great 2017! Thank you for commenting.

  3. Thanks for sharing your portfolio. And huge congratulations on the 33% increase from last year. If you can keep snowballing at this rate you will be living the dream in no time!

    • Hi Jay,

      Part of the fun of blogging is being able to share a real world portfolio, for better or worse, and tracking the progress over the months and years. I always enjoy the feedback received and the support from our fellow peers. Thank you for your kind words and continued support.

    • Hi MU,

      I appreciate your kind words. It has taken me many years just to get to this level and I am encouraged to continue on my investing path. Thank you for stopping by and commenting.

    • Hi Chris,

      Topping $500 in my taxable account was definitely nice and going forward I will continue to focus on that account as well as my ROTH and IRA to continue building my income across the board. I appreciate your kind words and continued support. As you stated so well, “Onward and upward!”

    • Hi DL,

      Well said. Seeing those solid year over year increases just confirms to me that I am on the right track with my portfolio. Thank you for your continued support and encouragement. Look forward to a solid 2017 no matter where the market ends.

    • Hi DD,

      My focus has been on individual stocks from day one. While I’m not against mutual funds, ETFs and the like, my portfolio is real world proof that a solid, growing passive income stream can be created by simply diversifying across a few dozen individual stocks. Thank you for your continued support and encouragement. It looks like our fellow investing peers all had a solid finish to 2016.

    • Hi R2R,

      Thank you for your continued support. Crossing $6K was a nice overall figure in terms of passive income earned for the year. I’m looking to beating that figure in 2017. As we always say, onward and upward. GWW was a real buy not long ago. It was around $200 a few months ago and now has come back nicely. ALLE came into my account from IR as a spin off. Of course, having any of those names in your portfolio would make great long term additions. Thank you for commenting.

    • Hi easydividend,

      As you can imagine I was happy to be able to put up solid double digit year over year growth. Last month was my best month ever overall which just shows the “real results of dividend growth investing.” It’s so true. It’s such a great long term investing and passive income strategy. As always, I appreciate your comment.

    • Hi DL,

      I always believed in a slow and steady approach for a long term dividend growth portfolio. With consistent buying, in large or small quantities, substantial year over year dividend growth can be achieved. AFL is my largest holding and I am looking to simply hold on to that name while adding to my smaller positions to even out my overall passive income stream. I do not want to become too reliant on just a handful of stocks for my dividend income. Thank you for stopping and commenting.

    • Hi BHL,

      You said it. No complaints on my end. Seeing solid year over year double digit growth is always a nice accomplishment and I’m looking to continue that streak throughout 2017. Thank you for commenting.

  4. DivHut, amazing 2016 performance! Bravo! 6K in annual dividend income, and close to $700 in monthly dividend income. What’s amazing is that the companies above are quality names, you are not seeking high yielders. That alone adds so much value to the portfolio. Wishing you an awesome 2017! All the best.
    MillionaireOrMediocre recently posted…Dividend Income – December 2016My Profile

    • Hi MOM,

      Thank you, thank you, thank you! It was a great year despite all the ups and downs we have seen in the market. It just goes to show that dividends can be the stabilizing force for any portfolio during times of turmoil. It’s a comforting feeling knowing that your investments can continue to churn out cash even when times are seemingly on the brink. As you can see from my holdings I do not chase high yield. I favor the lower yielding dividend growth stocks more so than simply chasing high current yield. The only holdings I hold that can be considered high yield are my IRA REIT holdings which are my “experiment” stocks. For now I plan to keep them and collect those distributions. Thank you for sharing your thoughts.

    • Hi ACI,

      The trifecta of dividend investing can provide some very real returns given enough time for compounding magic to occur. At this rate I hope to see a five figure passive income stream in two years or less. We’ll see how things go. I don’t like to look too far into the future as anything can happen to derail even the best intentions. Keep buying those solid dividend payers as you have been doing. Thank you for stopping by and commenting.

    • Hi Brian,

      I cannot complain about 2016 in terms of my passive income growth. After seeing the worst start ever for the market in January 2016, Brexit panic, a Donald Trump win panic, etc. it was very comforting to know that my dividends continued to roll in with almost all my holdings increasing their payouts throughout the year as well. Dividends can provide any investor with that calm feeling during a financial storm. As always, I appreciate your comment.

  5. I love your comment about “even if you stopped adding fresh capital, your dividends will continue to produce”. That’s how I feel when I slack in my blog duties. Trying to make a strong comeback, but that just means catching up on more of your post. Glad to see you still killing it!

    Hope you continue to have an awesome 2017!

    • Hi WS,

      That’s the beauty of dividend investing. Buying high quality dividend paying stocks can provide you an ever increasing passive income stream even if no new funds are added. I think everyone has those ‘slacking’ moments from time to time. The key is to not let it take hold and feel yourself going on a downward spiral. Keep it up in 2017. Look forward to following you on your journey this year. Thank you for commenting.

    • Hi IH,

      I appreciate those kind words about my performance and stocks listed. As you know this was by design as I started my portfolio by simply looking at dividend aristocrats exclusively. From there, I added additional solid names and slowly built out my portfolio over many years. Thank you for your comment and continued support.

    • Hi Vivianne,

      Dividends are amazing. There’s nothing wrong with rental income but you have to admit that earning dividends is a lot easier. Thank you for your kind words and continued support. I really appreciate all the input received from our fellow investing peers.

  6. Hey Divhut great numbers my friend. It is proof that dividends keep on giving no matter what. For me the funds were a bit stingy this year and I dont know why as the market was up. Maybe it has to do with very little turnover of stocks within the index/mutual funds. I broke my all time high, but didnt hit my goal for 2016. I will look to beat my yoy growth next year. Good luck.
    EL recently posted…Milestones Realized in 2016My Profile

    • Hi EL,

      You said it. That’s the beauty of dividend investing. The market may go ever higher or tank but those dividends keep rolling in. Of course, the key is to focus on sustainable dividends when making a purchase. No use in buying a 10% yielding stock with a 200% payout ratio. Congrats on achieving an all time high on your end for the month. Good luck in 2017 and hope you hit your passive income goal. Thank you for commenting.

    • Hi P2F,

      Thank you for those kind words. Being able to continually increase my passive income stream on a year over year basis is a great feeling which just continues to fuel my desire to continue on this journey. Thank you for stopping and commenting.

    • Hi DT,

      Always appreciate hearing words of encouragement. Putting up double digit year over year gains is always a welcome metric to achieve. As long as I can continue to see year over year progress each month I know I’m headed in the right financial direction. Thank you for commenting.

    • Hi DD,

      From a growing income perspective I’m very happy with my portfolio. It’s performing as intended churning out dividend payments no matter what the broader market is doing. Thank you for stopping by and commenting.

  7. Hi Keith,

    Nice year-over-year increases! Excited to see what investments you have lined up for 2017. I was just explaining to my girlfriend too that the dividend income is nice because next year I can anticipate around an 8% or so increase next year even if I don’t add any new capital! And, when you get up to the $6k range that you’re at and that I’m nearly at, that increase really starts to add up!

    Scott
    Two Investing recently posted…2016 Year-End Performance & Goal ReviewMy Profile

    • Hi TI,

      Any time I can put up double digit year over year gains I’m happy. There’s really nothing to complain about that. The dividend snowball can really start making a serious impact on passive income streams after several years. Since I am reinvesting all my dividends automatically it’s nice to know that at least $6k will pumped in this year besides any fresh capital that I decide to add. Thank you for your comment and continued support.

    • Hi DDU,

      Thank you for those words of support. I’m excited that I’m starting 2017 with a minimum of $6k in dividends which will only help move that snowball further down the hill. Reinvestment, raises and fresh capital each do their own part. Thank you for your comment and continued support.

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