Dividend Income Update November 2016

It’s dividend income update time. One of my favorite times of the month as I get to review my previous month of passive income received from my dividend income portfolios.

 

Without rehashing the wild ride we experienced in the market so far this year, I could find comfort in one thing, my dividends. As we all know, the market may move up and down irrationally and seemingly on a whim while our dividends remain much more stable, reliable and predictable. Sure, dividends may not increase every year and a cut or elimination is even possible but the odds are greatly reduced when you diversify among different companies and sectors and focus on dividend quality (free cash flow, EPS and payout ratios). Forget chasing the high yield unicorns and focus on the boring lower yielding but sustainable dividends. In the long run you’ll be better off. With that being said, let’s take a look at my November dividend totals.

 

Dividend income from my taxable account totaled $271.58 up from $264.45 an increase of 2.7% from November of last year.

 

Dividend income from my ROTH account totaled $188.31 up from $173.03 an increase of 8.8% from this time last year.

 

Dividend income from my IRA account totaled $81.52 up from $48.60, a year over year increase of 67.7%.

 

Grand total for the month of November: $541.41 an increase of 11.4% from November 2015.

 

Brokerage Account

Year to date dividends: $3,424.75

DateDescriptionSymbolAmount
11/01/2016DIVIDEND:GISGIS$38.15
11/04/2016DIVIDEND:BCRBCR$1.04
11/04/2016DIVIDEND:YUMYUM$29.93
11/14/2016DIVIDEND:APDAPD$34.40
11/14/2016DIVIDEND:CLXCLX$11.09
11/15/2016DIVIDEND:CLCL$6.87
11/15/2016DIVIDEND:ABBVABBV$60.55
11/15/2016DIVIDEND:ABTABT$20.22
11/15/2016DIVIDEND:PGPG$12.66
11/21/2016DIVIDEND:CATCAT$56.67
Total: $271.58

ROTH Account

Year to date dividends: $1,467.05

DateDescriptionSymbolAmount
11/01/2016DIVIDEND:TDTD$70.39
11/04/2016DIVIDEND:YUMYUM$8.72
11/15/2016DIVIDEND:PGPG$7.47
11/21/2016DIVIDEND:CATCAT$49.09
11/28/2016DIVIDEND:RYRY$52.64
Total: $188.31

IRA Account

Year to date dividends: $498.59

DateDescriptionSymbolAmount
11/21/2016DIVIDEND:HCNHCN$47.79
11/25/2016DIVIDEND:HCPHCP$33.73
Total: $81.52

 

I have to say I’m quite pleased with my November totals. Who can complain about an 11.4% year over year increase? The proof of our dividend investing strategy rests in these real results. After all, dividends don’t lie. It’s real cash being returned to investors. With patience and consistency these results and better can be achieved.

 

Are any of these dividend stocks in your portfolio too? How was your November dividend income? Please let me know below.

 

Disclosure: Long all above

66 thoughts on “Dividend Income Update November 2016

    • Hi DC,

      As always, I’m happy to be able to put up year over year gains. I’ll never complain about progress of any kind. Thank you for commenting.

    • Hi DD,

      For an “off” month I was very happy to put up well over $500 for November. Every stock in the portfolio is doing its job. Like you, I’m hoping to read an announcement of a QCP dividend. I would be happy with any yield to start, even 1%. Owning stock that doesn’t pay me a dividend feels strange to me and in recent months I have quite a few because of several spin offs. As always, I appreciate your comment.

    • Hi At,

      The plan definitely works. Why more people are not sold on the DGI method is beyond me. Oh well, to each their own. I’ll be happy to collect that type of passive income any time and enjoy year over year growth too. What’s not to like? Thank you for sharing your thoughts.

    • Hi Doug,

      Thanks for the continued support. In time, most dividend growth portfolios have a little or a lot of overlap. I’m sure the day will come when we have more names in common. Thank you for commenting.

    • Hi timeinthemarketblog,

      No doubt. An increase in expense is never welcome but an increase in income is always nice no matter the amount. Thank you for your support and comment.

  1. Hey DivHut, our totals this month are almost the exact same! Love it. And I couldn’t agree more about your last paragraph, “The proof of our dividend investing strategy rests in these real results. After all, dividends don’t lie. It’s real cash being returned to investors. With patience and consistency these results and better can be achieved.” Very well said. And impressive YoY growth. I’m sure I’ve said it before, but I can’t wait to start being able to track that figure….next year! Keep rocking,

    • Hi PID,

      Dividend growth investing just works. We have a full community of members sharing their real world experiences online and showing month in and month out, year in and year out, growing passive income. Like you, I look forward to what my totals will be next year but I do like to take things one day at a time and enjoy the journey as well. As always, I appreciate your comment.

    • Hi DL,

      Thank you for your kind words. Nice to see that we have a few names in common paying us for the month. Keep sticking with the solid dividend payers, diversify and you should be able to continually put up year over year increases. Thank you for stopping by and commenting.

    • Hi John,

      Prices go up and prices go down but dividends remain very, very stable. I like all the names you mention but starting to show some concern over the CAT payout ratio. Something must be done to get it under control or I have a feeling we’ll see a dividend freeze or cut in 2017. As always, I appreciate your comment.

    • Hi Matt,

      Dividends are solid indeed. Price fluctuations can drive anyone crazy on a day to day basis but dividends are much more reliable and consistent. There are very few surprises when it comes to dividends and when trouble comes it’s usually forewarned. Thanks for commenting.

    • Hi Chris,

      I’ll be happy to continue to post double digit gains every month for the foreseeable future. I’ll never complain about that. Thank you for your continued support and comment.

  2. Congrats on an excellent month and a solid increase from last year! I only share one company with you, PG, but you have a many names I’d like to add, such as CAT and ABBV. November is one of those down months, but you killed it with over $500. I look forward to your December tally.
    Special Agent Dividend recently posted…November Dividend IncomeMy Profile

    • Hi SAD,

      Thank you for your kind words and continued support. Putting up any year over year increase makes me happy and reinforces what I am doing. Nice to have at least one company in common paying us. While I like CAT and ABBV I have to admit that the current payout ratio for CAT is alarming. Something really needs to be done about that soon. Still, it’s been a great stock for me to hold and I like it long term. Thank you for stopping by and commenting.

    • Hi Tawcan,

      I always appreciate your kind words and continued encouragement. I’m quite pleased with my monthly totals. Any time I can notch up a year over year increase I’m happy. Look forward to reading your results. Thanks for commenting.

    • Hi EL,

      Thank you for your kind words and continued support. I think we all know the merits of passive income. It sure does feel great seeing those dollars hit your account every few days. I have a feeling our blogs are inspiring a new generation of passive income investors. As always, I appreciate your comment.

    • Hi DD,

      Yup, another month of double digit year over year increases. What’s not to like about that? I just get so energized reading these comments and other income updates across the web. We have a pretty cool community cheering one another. Look forward to the monthly income round up as usual. Thank you for commenting.

  3. Hi DivHut,

    Awesome month! I only had a year-over-year growth thanks to options income. Otherwise I was sad to see that I was down a bit. Hope to correct that with some stock purchases soon. At least December should be a good dividend month for us all!

    Scott
    Two Investing recently posted…November 2016 IncomeMy Profile

    • Hi TI,

      I know those options can provide some serious income on a monthly basis but don’t neglect those dividends. Dividends coming from a variety of solid payers is a lot more stable, reliable and predictable than options. Believe me, I want to try my hand at options as it seems like many of our fellow bloggers are doing quite well with them. I just don’t want to forget about dividends. Thank you for stopping by and commenting.

    • Hi DL,

      Yes, I have noticed that too about many of the dividend income reports I read. Seems like most portfolios fell victim to KMI but if adequately diversified the KMI cut should not have made that much of an impact on the results. I think many had very large KMI positions which made it difficult to put up solid year over year gains. In the end, it doesn’t matter as everyone is celebrating the fact that passive income was brought in, no matter the amount. As always I appreciate your comment.

  4. Congratulations on a nice income month. I’ve had an increase in my Nov dividend income as well but not quite as high %age as yours. Largely due to KMI which had a big dividend cut but I am holding onto it as it’s prospects are getting better (recent upgrade by analysts). DGI portfolio had a nice Trump bump as they call it.
    Ten Factorial Rocks recently posted…You May Be Among The 1%My Profile

    • Hi TFR,

      Thank you for the kind words about my income. I was very happy with the results despite HCP not pulling its full weight for the month. Dividend cuts happen to everyone in the DGI game. I know many have a rule to sell after a cut but I never followed that. It’s nice to read that you plan to keep KMI. The bottom line comes down to your belief in the future of the company you are invested. If you feel the thesis remains the same, stick with it. I went through a GE, WFC and IR cut during the financial crisis and simply held on and bought more during those days. In retrospect I’m happy to have simply held on. Thank you for sharing your thoughts.

  5. As always a great month sir. An 11.4% increase on this year’s number and you’ll be over $600 for the month next year! You’re starting to enter snowball stage where things really start to work for themselves.

    • Hi DS,

      Ahh, the snowball stage. Another awesome benefit of being a dividend growth investor. I think if more people truly understood the power of compounding and the proverbial ‘snowball effect’ we’d have many in much better financial situations today. I hope to continue to be able to put up double digit gains for the foreseeable future. Thank you for stopping by and commenting.

    • Hi DC,

      I appreciate your continued support. For a known “slow” month for dividend income I was quite pleased with my total for November along with being able to put up a double digit year over year gain. Thank you for commenting.

    • Hi vivianne,

      Each of our passive income reports should provide some inspiration. Whether year over year gains are made or not we are still celebrating the fact that passive income was “earned.” Thank you for sharing your thoughts.

    • Hi ARB,

      Your comment highlights the beauty of dividend investing. I was happy to be able to put up a nice double digit year over year increase despite the disappointing performance of HCP. Just goes to show that adequate diversification can still produce positive results when a stock or two don’t pull their own weight. Thank you for stopping by and commenting.

    • Hi R2R,

      Thanks for the kind words. No doubt, most DGI portfolios will hold many similar names as we all covet the high quality dividend payers the most. BCR has been a great stock to hold as it appreciated a lot since I bought it but the yield leaves a lot to be desired. Thank you for commenting.

    • Hi AW,

      ABBV came into my portfolio a while back via the ABT spin off. I plan to keep ABBV for the foreseeable future despite potential near term headwinds related to their drug pipeline and the potential for the incoming president to tweet about high drug prices which always sets the whole health sector on fire (in a bad way). Again, since I plan to keep this stock long term I’ll ride out any price swoons that may occur and perhaps even add to my position should much better prices, value and yield present themselves. My main concern is making sure the dividend is safe, which for now based on current cash flow is. As long as their current payout ratio remains manageable I expect to see dividends continue to be paid with raises as well. Thank you for commenting.

  6. Great month! And a solid YoY growth, especially for November being one of the slow months.

    We only have PG in common. Looking at this list gives a good reminder of how many good dividend companies are still out there!

    • Hi Divnomics,

      Even slow months can put up solid results. I was quite pleased with my November totals. I’m sure in time we’ll have more overlapping names paying us as most long term dividend growth portfolios hold a lot of similar names. Thank you for your continued support and comment.

    • Hi MSM,

      My conservative nature always steers me to the more solid and traditional dividend paying stocks. They may not be as exciting as some high flying tech name or 10% yielding stock but they do allow me to sleep well at night. Even with a “boring” portfolio a nice chunk of passive income can be earned. As always, I appreciate your comment.

  7. Hi DH,

    Going through your portfolios and dividends, very impressive. I am a UK based investor and have just started my journey and your portfolio inspires me.

    Just a question, the dividend numbers you are reporting for the non-retirement account – are they after 30% dividend tax or before the tax cut?

    Thanks.

    • Hi die_hard,

      Thank you for those kind words about my portfolio. I’m sure you have noticed that my portfolio holdings skew towards the more conservative lower yielding dividend growers rather than the high yielding stocks. This was by design as it allows me to sleep well at night. No volatile energy or tech names for now. To answer your question, the dividend numbers that are reported in my taxable account are before taxes. In the U.S. a top rate of 15% tax applies to qualified dividends. Hope this answers your question.

    • Hi MD,

      I always appreciate the continued support. As long as I can continue to put up solid year over year results I’ll be a happy camper. Thank you for stopping by and commenting.

    • Hi DI,

      Thank you for those kind words about my portfolio. It was made by design and not by accident as it really allows me to sleep well at night. I appreciate your comment.

    • Hi DDU,

      Satisfying indeed. These are nice year over year gains in still a very low interest rate world. Sure these dividends are not as “safe” as a CD or other guaranteed investment instruments but when diversified among dozens of individual stocks, can collectively provide a higher and “safer” return. Thank you for stopping by and commenting.

  8. That’s some solid improvement across the board DH. And nearly $550 in a slower month is awesome. We had a bit of a set back in November YoY but much of that was due to KMI and then a couple random payment timing issues. All the best in December to close out the year. It’s hard to believe that we’re already here.
    JC recently posted…It Never Hurts To Book A ProfitMy Profile

    • Hi JC,

      Thank you for those encouraging words and continued support. I was very happy to see my portfolio continue to put up double digit year over year gains even with an HCP slip up. Those distribution issues affect us all every now and then. I always say, even the bluest of blue chips can falter at times. Look at GE and WFC during the financial crisis when those former dividend stalwarts had to cut their distributions. Stay diversified to mitigate any cuts to a portfolio and long term you’ll be just fine. As always, I appreciate your comment.

  9. Wow… Great job… over 3k this year is brilliant…

    I got my first dividends this month…. $51.08… Yay… I’m going to shoot for $1,000 next year.

    Cheers
    Rohan

    • Hi Rohan,

      Thanks for your support. Actually my total for the year between all three of my accounts (taxable, ROTH and IRA) is over $5k. Congrats on receiving your first dividend. Getting to $1k and beyond all starts with that first dividend payment hitting your account. Keep at it. Thank you for commenting.

    • Hi HHaWG,

      I think $6k is in my sights but it will very close. Regardless if I make that milestone or not I’ll be happy knowing I beat my 2015 totals. As long as I can put up year over year growth in my passive income I’ll be satisfied. Thank you for stopping by and commenting.

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