Dividend Income Update September 2016

All you sucka’s gather ’round, there’s a new dividend income report coming to town. So get on up and check the scene of the latest September passive income stream. If you crave satisfaction then dig this dividend action:

 

Brokerage Account

Year to date dividends: $2,856.98

DateDescriptionSymbolAmount
09/01/2016DIVIDEND:GWWGWW$7.88
09/01/2016DIVIDEND:WFCWFC$14.64
09/01/2016DIVIDEND:BMSBMS$7.05
09/01/2016DIVIDEND:AFLAFL$71.57
09/06/2016DIVIDEND:SOSO$20.72
09/06/2016DIVIDEND:JNJJNJ$30.00
09/07/2016DIVIDEND:ADMADM$53.11
09/09/2016DIVIDEND:EMREMR$37.10
09/12/2016DIVIDEND:MMMMMM$26.81
09/15/2016DIVIDEND:EDED$47.70
09/15/2016DIVIDEND:DOVDOV$19.88
09/16/2016DIVIDEND:MCDMCD$21.18
09/19/2016DIVIDEND:VFCVFC$13.24
09/20/2016DIVIDEND:DD$23.44
09/30/2016DIVIDEND:BDXBDX$13.55
09/30/2016DIVIDEND:PEPPEP$18.63
09/30/2016DIVIDEND:IRIR$27.82
09/30/2016DIVIDEND:ALLEALLE$3.37
Total: $457.69

ROTH Account

Year to date dividends: $1,141.05

DateDescriptionSymbolAmount
09/06/2016DIVIDEND:JNJJNJ$6.94
09/07/2016DIVIDEND:ULUL$16.44
09/09/2016DIVIDEND:EMREMR$25.93
09/12/2016DIVIDEND:MMMMMM$10.64
09/16/2016DIVIDEND:MCDMCD$9.78
09/30/2016DIVIDEND:PEPPEP$11.69
Total: $81.42

IRA Account

Year to date dividends: $417.07

DateDescriptionSymbolAmount
09/30/2016DIVIDEND:CCPCCP$11.96
09/30/2016DIVIDEND:VTRVTR$33.00
Total: $44.96

As you can see from above September was another great month of passive income earned from a nice list of solid dividend payers as I was able to continue to put up year over year increases in all three of my accounts. I am always happy seeing a year over year increase, no matter the size, as it demonstrates that I am headed in the right direction of creating an ever increasing passive income stream with each passing month.

 

One note for my September passive income is cash received as a result of the Johnson Controls International (JCI) merger with Tyco International plc (TYC). I was paid $5.72 for each JCI share I held which came out to $394.70 being deposited into my account. My account now includes stock in the newly formed merged company as 0.835 shares were issued for each old JCI share I owned. In addition, the newly formed JCI will jettison a portion of its business as a spin off called Adient (ADNT) later this month. With that being said let’s take a look at my recent dividend income update for September 2016.

 

Dividend income from my taxable account totaled $457.69 up from $346.90 an increase of 31.9% from September of last year.

 

Dividend income from my ROTH account totaled $81.42 up from $75.05 an increase of 8.5% from this time last year.

 

Dividend income from my IRA account totaled $44.96 up from $23.92, a year over year increase of 88.0%.

 

Regular dividend total for the month of September: $584.07 an increase of 31.0% from September 2015.

 

Grand total for regular dividends and JCI/TYC merger cash: $978.77

 

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

 

Disclosure: Long all above

80 thoughts on “Dividend Income Update September 2016

    • Hi R2R,

      Always appreciate the continued support from you and the entire FI community. I’ll keep building my passive income stream bit by bit by buying when values and yields make the most sense to me. Thank you for stopping by and commenting.

    • Hi EL,

      I’m in this game for the long haul, that’s for sure, which is why I’ll continue to buy assets that provide me an immediate income stream like dividend stocks. Of course, it doesn’t hurt getting some extra cash put in every now and then because of a merger. The last time that happened was about a year ago when Kraft and Heinz got together. Thank you for your continued support and comment.

    • Hi ambertree,

      That’s the plan. Keep putting fresh capital to work every month and reinvest my dividends to keep that compounding machine moving along. Thank you for commenting.

    • Hi MrSLM,

      Thank you for those encouraging words. You pretty much said with your comment. A 31% year over year increase is outstanding. Of course, no complaints on my end putting up those results. As always, I appreciate your comment.

    • Hi ADD,

      Thank you for your continued support. The plan is to continue with my monthly buys, large or small no matter what’s going on in the market. These days though it looks like we are getting some pretty good opportunities in some struggling well known dividend payers. Thank you for stopping by and commenting.

    • Hi Doug,

      You said it. I’m happy achieving any year over year increase but when you can make it well into the double digits, that’s even better and shows I’m headed in the right direction. Always happy to share these results with our community. Thank you for commenting.

    • Hi IH,

      Thank you for those kind words! Markets are up, markets are down, markets are sideways… the dividends continue to roll in. You have to love that! As always, I appreciate your comment.

    • Hi MDP,

      Thank you for the continued support. I was very pleased with my September totals as you can imagine. I added to my MCD not that long ago and WFC continues to look attractive as it gets beaten down. That yield is really getting attractive too. A few more down days and we may get a 4% WFC yield. I’ll be watching SO too. I almost forgot about that name in my portfolio as I haven’t touched that in a long, long time. Thank you for sharing your thoughts.

    • Hi Tawcan,

      Thanks for the support. No complaints on my end about my results. Look forward to seeing your month totals soon. Thank you for commenting.

  1. Those numbers are pretty amazing. The results of the merger paid out some nice extra income there.
    It would take a few years for us to be in a similar position. And although september, as the end of a financial quarter, always provides well. We are not very keen on October as our dividends in the coming month will be a lot lower.

    • Hi Divnomics,

      Thank you for your continued encouragement. As long as you are putting up solid year over year gains by reinvesting your dividends and putting fresh capital to work you’ll be just fine in the long run. October will be slower for all of us but the annual goal should always be the same… a total year over year increase. The extra JCI cash was put to use almost right away with some of my September buys. It’s always nice getting a little extra ‘juice’ to play with. As always, I appreciate your comment.

    • Hi desidividend,

      The end of quarter months are the high we all seem to reach with our passive income. It’s kind of a culmination of sorts as October should be a more subdued month in general. Keep plugging away yourself! Thank you for commenting.

    • Hi PID,

      Thanks for the continued support. I agree that each dividend income report just continues to keep my FI fire lit and desire to continue making my monthly buys and slowly build up my passive income stream. It’s also fun. Who doesn’t like seeing a year over year increase in their income? Thank you for stopping by and commenting.

  2. Looks like a great month DH and it also looks like you could be a budding MC. Although I think I’d stick with dividend income! Nearly $600 in regular dividends and almost $1k total is awesome stuff.

    • Hi JC,

      I’ll stick with my dividend income, though it was fun to rhyme a bit. It was a good month to say the least. The extra JCI cash helped and was already deployed in my September buys. I’ll keep building that passive income stream bit by bit. Thanks for commenting.

    • Hi DDU,

      Four digits does seem to be the holy grail for most dividend investors. I still have a long way to go to average that $1k a month in passive income but every now and then I get close. Keep the dividend drive alive. Thank you for commenting.

    • Hi Brian,

      You said it. It’s all about posting year over year gains to highlight the fact that you are headed in the right direction. Thank you for your continued support and comment.

    • Hi DG,

      Glad you enjoyed those opening lines. It wasn’t too corny, was it? Posting these results every month always gets me excited to press on this long dividend growth trek through all market conditions. As always, I appreciate your comment.

    • Hi DI,

      Thank you for your kind words. My portfolio definitely allows me to sleep well at night. Of course, this was done by design. I’ll continue to diversify among the high quality, sustainable dividend payers for the foreseeable future. Thank you for stopping by and commenting.

  3. Wow! I really like how you broke down the numbers, not only by the individual stock/asset, but by account. Do you have an investment strategy that you stick with? Also, do you reinvest the dividends?

    • Hi Piggybanknomics,

      Glad you like my dividend income presentation. My main investment strategy is a focus on dividend data first. I look for growing yields and “safe” payout ratios so I know that the dividends being paid are sustainable and have room for future growth too. Next I focus on valuation to avoid overpaying for a stock. Currently, I reinvest all dividends received. Thank you for sharing your thoughts.

    • Hi DD,

      You have to be happy any time you can bring in almost $1k in passive income. Of course, my income was boosted last month because of a cash infusion from the JCI/TYC merger but it’s still cash hitting my account nonetheless. I don’t use Google sheets. I simply cut and paste my results from my online account and track all data there. As always, I appreciate your comment.

    • Hi MSM,

      Thank you for your kind words. WFC continues to be a popular buy among many of our fellow dividend bloggers. Some have sold out of their position but most are still buying and/or holding. I’m watching JCI this month and if it remains around current levels I plan to nibble on it. It’s still early in the month and oil has come back strong and other bits of news can provide us with better buying opportunities it seems. Thank you for stopping by and commenting.

    • Hi Jay,

      I’m happy with my September total. I always say that even if I stopped adding fresh capital to my accounts my dividend income will continue to roll in as reinvestment and dividend increases keep that snowball growing. Thank you for your continued support and comment.

  4. Thanks for the inspiring income report. I’m a big believer in dividend income investing, especially in today’s NIRP/ZIRP insane markets. I’ve been dividend investing since 2008, just haven’t gotten around to posting my quarterly updates.

    Just need my baby to give me a good night’s sleep or 20 so I start feeling sane again…
    Jack @ Enwealthen recently posted…Why Do Banks Charge What They Charge, Pay What They Pay, And Generally Act Like Banks?My Profile

    • Hi Jack,

      Glad this dividend income update can provide some inspiration. I have been a dedicated dividend investor about as long as you and one thing that keeps me going is seeing my annual passive income generated continue to rise each year. I guess it shows I/we are doing something right. Good luck getting some sleep. I am right there with you as the last 18 months since baby DivHut was born has kept me up many, many nights. Thank you for stopping by and commenting.

  5. Impressive YOY increases across the board! I own many of the same companies as you do, and there are some companies that you own that I would eventually like to own as well – I’m just waiting for more capital to come in and/or wait for the prices to drop. Keep up the great work; you’re definitely progressing in the right direction.

    • Hi ACI.

      Always happy to be a fellow shareholder in many common names between our portfolios. It just goes to show that we can both recognize real quality dividend payers. As you can imagine I was very pleased with my results including my year over year results. As you said, things are, “progressing in the right direction.” As always, I appreciate your comment.

    • Hi HHaWG,

      Thank you for your kind words and continued support. Let the dividends continue to roll in for all of us. Thank you for commenting.

    • Hi R2R,

      Thank you for the continued support. As you know I like to sleep well at night and even with the WFC debacle going on, I feel diversified enough with my holdings to continue racing on. Thank you for stopping by and commenting.

  6. My reply is as follows:

    *Sung to the tune of the Aqua Teen Hunger Force theme*

    HIS NAME IS…

    Keith-zulla. The div rula. The old schoola. You want dividends? He’ll take it to ya.

    Keith Park, YOY is on top, rock like COP, but no oil so it’s time for your knock knock.

    DivHut makes the money, see.
    DivHut gets the honeys, G.
    Earnings are on par, dividends in his paws. Johnson and Tyco and his portfolio’s got a Roth.

    Uh, yeah, check check it!

    Cuz he is the DivHut’s Keith.
    Makes the homies say ho and the homies wanna scream!

    Cuz he is the DivHut’s Keith.
    Makes the homies say ho and the girlies wanna scream!

    DivHut’s September dividend income report.

    Number 1 in da hood, G!

    *drops mic*

    Sincerely,
    ARB–Angry Retail Banker
    ARB recently posted…Wells Fargo Fires 5,300 For Opening Fake AccountsMy Profile

    • Hi ARB,

      And the winner for the 2016 dividend rapper of the year… Angry Retail Banker!!! I truly appreciate the effort you put into your comment. I have to say it put a smile on my face while reading. I think you may have another career on your hand should retail banking get you too angry. With fellow financial bloggers as yourself, who says investing has to be dull or uninteresting. As always, I appreciate your comment.

  7. “Hey Div Hut, great job this month, I believe one day you’ll live royally like King Tut — close to $1K, that’s some massive div funds, who don’t enjoy the golden stream of passive income?”

    Tried rhyming.. failed haha

    Great job brother, all the best. Continue building that nest egg through the bear and bull cycles.

    MM
    MillionaireOrMediocre recently posted…Dividend Income – September 2016My Profile

    • Hi MOM,

      That was great. I enjoyed that rhyme. I didn’t expect my post to inspire such lyrical comments. Thank you for your kind words and support. I appreciate you stopping by.

  8. Great month Keith! I love the fact that I have to scroll down so far to get to your analysis of the month. Hopefully you will put that extra cash from the merger to good use and find another great company to add to this list. Keep on grinding and keep on pushing yourself to financial freedom my friend!

    Bert

    • Hi DD,

      That JCI/TYC cash was already put to use with one of my buys last month. No use in having cash sit around doing nothing when some good value and yield can be found here and there. Thank you for your continued support and encouragement along the way towards FI. I’m looking forward to seeing your dividend round up on your site soon.

    • Hi OBFW,

      There’s really nothing to complain about with results like these. As long as I can continue to put up some good year over year growth each month I’ll be a happy camper. Like you, I’m waiting a long time already for some solid blue chips to go on sale. I know that day will come eventually but in the meantime I’ll continue to nibble on positions here and there where value and yield start to look compelling. Thank you for stopping by and commenting.

    • Hi CL,

      A nice haul indeed. As long as I can continue to put up those solid year over year results I’ll be happy. I think many of our fellow dividend bloggers are taking a look at VFC these days. That’s such a strong long term dividend payer with good prospects going forward. It’s value and yield are looking very, very compelling these days at current prices. If it continues to stay at these depressed levels I will most likely add to my position. Thank you for commenting.

    • Hi DC,

      Thank you for the continued encouragement. Those end of quarter months are always the most fun to tally. I appreciate you stopping by.

  9. Great month! Looks like the Roth IRA income is also blossoming. It’s hard to see pennies in dividend increases, but by the time you can withdraw it, this can be some serious income to pass on to your children without any taxes consequences.

    • Hi Vivianne,

      It was a great month. I am always happy to be able to put up solid double digit year over year gains. It just shows I’m headed in the right direction. Those Canadian banks are doing most of the work in my ROTH account. At my current ownership I’m receiving whole shares with each dividend distribution which just helps move that snowball down the hill a little faster. The current plan is for my wife and I to use the ROTH account later in life but I’m not against leaving something to my child. As always, I appreciate you stopping by and commenting.

  10. $4k+ in dividend income so far this year?! That sounds fantastic, I bet you like those numbers ramping up every year 😉 I’ve been contemplating cutting back a little of my 401k contribution and getting into dividend investing and reading blogs like this certainly sways my thoughts..
    Finance Solver recently posted…How to Have More Money This MonthMy Profile

    • Hi FS,

      I can definitely see the allure of becoming a dividend growth investor after reading many of my dividend blogging peers. Just know, this is a long and often slow process that requires a ton of patience and consistency with investing or it will not work. I have been a dedicated dividend growth investor since 2007 and have yet to post a single ‘sell’ post. This does not mean I’ll never sell a stock but it does mean that when I make my buys I tend to have a very long term horizon with my holding period. What comes with that thinking is sometimes seeing many or all of your holdings go deep in the red as I witnessed in my own portfolio back in 2009. Still, with all the boom and bust cycles since, you can see my dividend totals ‘ramp up’ year to year. Of course, this is the key goal in being a dividend growth investor, seeking an ever increasing passive income stream. Thank you for your sharing your thoughts.

      • Long term is definitely key in dividend investing. I think Warren Buffett says to never invest in a company unless you think the company will be alive 10 years from now and he enjoys getting dividends from companies (just not paying them out). If I do go with the dividend route, I will go for the long term, however, I’m a little scared at the lofty valuations in the stock market currently.
        Finance Solver recently posted…Why I Purposely Lose Cash Every MonthMy Profile

        • Hi FS,

          Long term thinking is key. It’s difficult for most people though. I always say that I would be perfectly comfortable blasting off to Mars for the next ten years without any access to my accounts and I’d feel perfectly fine doing so. That tells you a lot about what I think of my holdings. While it’s true that many stocks and sectors are trading at relatively high values and low yields, there are stocks, here and there that are trading at good to decent values still. It’s all about picking and choosing these days. Thanks for the reply.

    • Hi TCF,

      Thank you for those kind words and yes, I had a nice smile on my face once I tallied up my September results. This is what being a dividend growth investor is all about. Patience and consistency with investing all the while creating an ever growing passive income stream. No complaints on my end about my results. As always, I appreciate your comment.

  11. Congrats on a great month! September is always good for dividend income based on the stocks I own. We set a new record for the month in dividends ($276.78). Looks like we own several of the same companies – AFL, JNJ, ADM, EMR, ED, MCD, and UL.

    • Hi John,

      Thank you for the continued support. It’s well known that every dividend investor loves those end of quarter months as they tend to be our largest money makers. Always happy to be a fellow shareholder with you in quite a few fine long term dividend payers. Congrats on setting your new record for dividends. As always, I appreciate your comment.

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