Dividend Income Update November 2019

The beginning 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. No doubt, these are the best posts to write and read online as it only provides further proof that dividend investing can work over time and that anyone can create an ever growing passive income stream (even with those nasty dividend cuts that come our way every now and then; thank you GE and KHC). Looking back at my November totals I see that my year over year progress is still moving at a nice clip and I look forward to calculating my 2019 totals in a few weeks. With that being said, let’s take a look back at my November 2019 dividend income.

Dividend income from my taxable account totaled $584.61 up from $401.25 an increase of 45.7% from November of last year.

Dividend income from my ROTH account totaled $246.58 down from $251.50 a decrease of -2.0% from this time last year.

Dividend income from my IRA account totaled $139.07 down from $177.23 from this time last year. A decrease of -21.5%.

Grand total for the month of November: $970.26 an increase of 16.9% from November 2018.

Brokerage Account

Year to date dividends: $8,346.93

DateSymbolDescriptionAmount
11/01/2019TA T & T INC$33.66
11/01/2019GISGENERAL MILLS INC$118.58
11/12/19APDAIR PROD & CHEMICALS$47.56
11/15/2019ABTABBOTT LABORATORIES$25.28
11/15/2019ABBVABBVIE INC$217.21
11/15/2019CLCOLGATE-PALMOLIVE CO$7.74
11/15/2019CLXCLOROX CO$18.02
11/15/2019HRLHORMEL FOODS CORP$18.06
11/15/2019PGPROCTER & GAMBLE$20.89
11/20/2019CATCATERPILLAR INC$77.25
11/29/2019WABWABTEC$0.36
Total: $584.61

ROTH Account

Year to date dividends: $2,450.10

DateSymbolDescriptionAmount
11/01/2019GISGENERAL MILLS INC$27.93
11/15/2019ABBVABBVIE INC$68.50
11/15/2019HRLHORMEL FOODS CORP$1.89
11/15/2019PGPROCTER & GAMBLE$8.20
11/20/2019CATCATERPILLAR INC$66.95
11/22/2019RYROYAL BANK OF CANADA F$70.24
11/29/2019SBUXSTARBUCKS CORP$2.87
Total: $246.58

IRA Account

Year to date dividends: $979.76

DateSymbolDescriptionAmount
11/19/2019HCPHCP INC REIT$64.75
11/21/2019WELLWELLTOWER INC REIT$68.60
11/29/2019LTCLTC PROPERTIES, INC. REIT$5.72
Total: $139.07

I’ll gladly take a year over year increase of 16.9%. Some accounts refelected lower year over year income because of sales I made in the last few months, notably Sabra Health Care REIT, Inc. (SBRA) and LTC Properties, Inc. (LTC) among others in my accounts. 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. Just remember, sometimes investing with blinders on can be beneficial as it blocks out the constant noise we are bombarded with on a daily basis and keeps you focused on the job at hand which is to keep investing, not falling for market timing traps, diversifying, not getting shaken out of the market when it tumbles and just creating a solid, ever growing passive income stream.

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

37 thoughts on “Dividend Income Update November 2019

    • Hi MDD,

      It was a great month. Putting up double digit year over year gains is something I will always welcome. Look forward to seeing what 2020 brings.

    • Hi Divcome,

      I’ll never complain about a solid double digit year over year gain. You have to love the power of dividend investing 🙂 Many of us will enjoy that ABBV raise in 2020.

    • Hi JC,

      Cuts definitely suck but it just goes to show that even dividend cuts can’t stop the passive income from growing if you are sufficiently diversified.

    • Hi desidividend,

      Nice to know we share a lot of the same names for the month. Over time, many DGI portfolios start to resemble one another. ABBV is still one my favorite stocks long term. There will always be some near term shocks and instability but over the long haul I plan to keep it.

    • Hi DG,

      You said it. I think I want to focus more on my taxable account in the years ahead. I know it might not be the most sensible from a tax perspective but I do like the idea of being able to utilize my money when I want to and not be subjected to the whims of new laws and age withdrawal limits put on us by the government. Make money, pay taxes on it and use it when and how I want. I like that 🙂

  1. EXCELLENT results DivHut! Great to see the awesome progress 🙂 I’m near the $6k/yr. mark, so not quite to your level yet, but earning and burning all the time so that I have more capital to work with 🙂

    Upward and onward! -Ramey

    • Hi MR,

      Keep doing what you’re doing. DGI is all about that slow, long, marathon of investing to build up passive income share by share and dollar by dollar. There is no fast forward with DGI.

    • Hi Passivecanadianincome,

      CAT has been with me since the beginning. I know some in the DGI space don’t like it but over the last ten plus years it’s been fine and the dividend safe. BNS might look interesting going forward. We’ll see.

    • Hi Doug,

      Love that ABBV dividend. I know there is still a lot of uncertainty about the entire biotech/pharma space going forward but long term I’m sure it will be fine.

    • Hi DD,

      Here we are, 2020. Look out… before you know it we’ll be writing about how fast the year has gone by. Oh well… let’s enjoy the dividend ride till then. Look forward to writing my 2019 results soon.

    • Hi OC,

      Thank you for following DivHut. I can’t give out any formal opinion but I do see you hold many well known, solid dividend paying stocks. Congrats on starting out on your own dividend growth journey. I had a great time in Hungary too by the way. I visited about ten years ago.

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